We invest in the future of financial services

Our Companies
Customer-focused, tech-native, and determined to succeed: Our companies offer a glimpse into the future.

Link to page OUR COMPANIES

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NEWS

Check out our latest blogs and news on Medium

10 OCT 2022

Allianz X to acquire Innovation Group

29 SEPT 2022

Allianz X acquires insurtech pioneer simplesurance

21 SEPT 2022

Allianz X co-leads USD 315 million funding round in U.S. insurtech Pie Insurance

19 SEPT 2022

Allianz X teams up with WeLab to invest in Indonesian digital banking market

08 JUL 2022

Allianz X co-leads USD 250 million Series F investment round in cyber insurtech Coalition, Inc.

01 FEB 2022

Allianz X leads funding round of London-based fintech OpenGamma

Allianz X invests in digital frontrunners in ecosystems relevant to insurance and asset management.

In just a few years, its portfolio has grown to more than 25 companies and AuM of over 2 billion euros. Allianz X has counted 11 unicorns among its portfolio so far. The heart and brains behind it all is a talented team of around 40 people. As one of the pillars of the Allianz Group’s digital transformation strategy, Allianz X provides an interface between Allianz Operating Entities and the broader digital ecosystem, enabling collaborative partnerships in insurtech, fintech, and beyond. As an investor, Allianz X supports mature digital growth companies to take the next bold leap and reach their full potential.

26

Current Direct Investments

11

Exits

36

People

4

Full Acquisitions

4

Continents

2+

Billion AuM

Featured companies

Stripe is a technology company that builds economic infrastructure for the internet. Businesses of every size — from new start-ups to public companies like Salesforce and Zoom Video Communications — use Stripe’s software to accept online payments and run technically sophisticated financial operations in more than 100 countries. Stripe helps new companies get started and grow their revenues, and established businesses accelerate into new markets and launch new business models. Over the long term, Stripe aims to increase the GDP of the internet.

BIMA uses mobile technology to deliver affordable insurance and health products to underserved consumers in emerging markets and families who cannot access these vital products through traditional channels. BIMA’s technology platforms create a paperless experience and enable scale, while the agent force distributes products and provides customer education. This tech-enabled approach is the key to BIMA’s growth, reaching 24 million subscribers in 14 markets across Africa, Asia and Latin America. BIMA proves that it is possible to service the bottom of the pyramid profitably and sustainably.

Since its founding in 2013, WeLab has established itself as one of the leading digital financial service providers in Asia. Its services include digital banking services and loans for private customers, a digital lending platform to connect lenders and borrowers, as well as a number of technology-driven services to support financial institutions in their lending processes. WeLab currently operates in Hong Kong, mainland China, and Indonesia. In total, WeLab has close to 50 million retail customers and 700 corporate customers. Based in Hong Kong, the company operates WeLab Bank, one of the first fully-licensed digital banks in Asia, which received its licence in early 2019. WeLab operates with a high-performance technology platform based on many innovations developed in-house – such as a proprietary risk management system based on Artificial Intelligence and a patented privacy computing solution that ensures the secure transfer of sensitive data.

Pie Insurance is a leading digital provider of workers’ comp insurance for small businesses in the U.S. Thanks to a unique combination of proprietary data and advanced analytics, Pie is able to create automated, precisely-tailored offers for most customers almost instantly. The high quality of the data analytics enables, on the one hand, fair prices for customers and, on the other, low loss ratios for Pie Insurance. Pie also offers insurance agents access to its easy-to-use platform, so they can make fast and fitting offers to their customers.

N26 is building the first mobile bank the world loves to use. Valentin Stalf and Maximilian Tayenthal founded N26 in 2013 and launched the initial product in early 2015. Today N26 has more than 5 million customers in 25 markets. The company employs more than 1,500 employees across 5 office locations: Berlin, New York Barcelona, Vienna and São Paulo. With a full European banking license, state-of-the-art technology and no branch network, N26 has redesigned banking for the 21st century and is available on Android, iOS, and desktop.