Qover marks 10 years with $12M in growth funding from CIBC [Yahoo! Finance]
Mastercard Incorporated (MA)
Last mastercard incorporated earnings: 4/29 08:00 am
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Source: Yahoo! Finance
milestone: the extension of a $12 million growth capital facility from CIBC Innovation Banking – bringing total funding raised since inception to over $100 million – reinforcing investor confidence in the company's trajectory and its AI-driven vision for the next decade of insurance infrastructure. Qover's 10 Years Founded in 2016 by Quentin Colmant and Jean-Charles Velge, Qover set out with a clear ambition: make insurance simple, transparent and accessible across borders through technology. Ten years later, the company is a defining force in European insurtech, orchestrating embedded insurance programs for major global brands including Revolut, Mastercard, BMW, Monzo, bunq, Canyon and Trust Travel (a TUI brand), across 32+ countries. The timing of this funding reflects the momentum of the broader market Qover helped pioneer. According to Fortune Business Insights, the global embedded insurance market will grow from $176 billion in 2026 to over $1.46 trillion by 2034. Against
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MA
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- 1/29/26 - Beat
MA
Sec Filings
- 3/27/26 - Form SCHEDULE
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- MA's page on the SEC website