Hong Kong-based InsurTech company, MediConCen, has secured $6.85 million in Series A funding to support its expansion plans in international markets, particularly in the Middle East and Southeast Asia. MediConCen uses AI and blockchain technology to automate insurance claims and streamline the claims process. The latest funding round was led by HSBC Asset Management and included support from existing investors G&M Capital and ParticleX, as well as new investor Wings Capital Ventures. With this funding, MediConCen’s total funding now stands at $12.7 million.
Hong Kong’s MediConCen Scores Impressive $685m in InsurTech Funding
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