Ooniq
Ooniq is a P2P insurer where friends collectively protect their belongings and get cashback rewards.
Ooniq is a P2P insurer where friends collectively protect their belongings and get cashback rewards.
Ooniq is a P2P insurer based in Lithuania, offering a unique platform for collective protection of belongings and cashback rewards. Launched in 2019, Ooniq operates as a peer-to-peer (P2P) insurance platform that follows the principles of the sharing economy. Members create peer groups to safeguard themselves against losses and decide on compensation using pool funds while receiving unused funds. In December 2019, the company introduced a community-based insurance program, becoming the first startup approved by Lithuania's Central Bank to join the Bank of Lithuania's regulatory sandbox. Ooniq is making waves as an upcoming mutual insurance provider, gradually revolutionizing the global insurance industry.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | Unknown | - | 01 Dec 2019 |
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