Paddy Cover
Pay-as-you-go micro-insurance aggregator building flexible cover for low-income populations.
What it does
Co-founded by Mayowa Owolabi and Jerry Opara, Paddy Cover is an insurtech aggregator offering daily, weekly, and monthly pay-as-you-go insurance policies. Paddy Cover partners with licensed insurers to embed micro-health, vehicle, and contents coverage into merchant ecosystems.
Digital insurance distributionMicro-insurance
Known for
- Pay-as-you-go daily motor and health insurance
Model & industry
Insurance-as-a-ServiceEmbedded FinanceInsurance
Funding history
$100K
Total raised
1
Rounds
Accelerator
Latest stage
2023
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2023-01 | Accelerator | $100K | Catalyst Fund |
Source: Condia Funding Tracker
Products & subsidiaries
Paddy Cover Platform · Micro-Insurance API