Germany�s Xpension pension platform raises �25M in a Series C growth round

INSUBCONTINENT EXCLUSIVE:
The German pension and insurance industry was a laggard in the world of online a few years ago, but in recent times it has quickly caught up
Existing investors Cinco Capital, led by Lars Hinrichs (founder of XING and chairman of Xpension), and Armada Investment, led by Daniel S
SaaS platform in Germany; expand the offering into private pensions and life insurance and corporate health insurance; and prepare a rollout
into other European countries
The company has also launched a video platform for agents to speak to clients, in the wake of the COVID-19 pandemic.To date, Xpension has
attracted to its platform more than 40 life insurers, 11,000 insurance agents and 3,000 SMEs.Martin Bockelmann, CEO and founder, commented:
pension and life insurance industry is a huge topic
German pensions are the leading pensions segment in Europe
own insurance company at some point.