TLDR:
- Íope Ventures, created by Wayra and Telefónica Seguros in 2022, invests in fintech and insurtech startups.
- Wenalyze, an open data analytics platform, receives over €1 million in funding from investors like Athos Capital, Bankinter, and others.
Telefónica, through its investment vehicle Íope Ventures, has made a significant investment in Wenalyze, an open data analytics platform focused on optimizing underwriting processes for banks and insurers. The investment round, which has raised over €1 million, is led by Athos Capital and includes other investors such as Bankinter and AstoryaVC. This funding will support Wenalyze in scaling its sales and expanding internationally.
Íope Ventures, created by Wayra and Telefónica Seguros in 2022, was established to invest in B2B startups in the fintech and insurtech sectors. Along with the funding, invested companies have the opportunity to collaborate with Telefónica Seguros and Wayra to explore business opportunities. Wenalyze joins a portfolio of startups that includes Bdeo and Mitiga Solutions.
Carlos Albo, CEO and co-founder of Wenayze, emphasized the platform’s ability to enhance sales and improve customer service for insurance companies and banks. Augusto Pérez Arbizu, CEO of Telefónica Seguros, expressed support for Wenayze’s disruptive proposition and ongoing collaboration to improve data quality in cyber products for companies in Spain.
This investment highlights Telefónica’s commitment to supporting innovation in the insurtech industry and fostering collaborations with emerging startups to drive industry transformation and growth.
