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Insurtech Getsafe acquires a student loan platform to meet its future clients upstream
This is Getsafe's second acquisition in a few months, after it nabbed the German portfolio of ailing French insurtech company Luko.
European insurtech company Getsafe has acquired deineStudienfinanzierung, an aptly named German digital platform for student loans that was showcased on the local version of “Shark Tank” in 2019. This is Getsafe’s second acquisition in a few months, after it nabbed the German portfolio of ailing French insurtech company Luko, thereby growing its user base to over 550,000 customers. We won’t hold our breath for it, but we’ll keep closer track of another hint that Getsafe gave in its press release: that it is looking to “expand further to serve even more European markets” than the four countries where it already operates.
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