One promise often made by fintech entrepreneurs is that their innovation and technology will unlock vital financial services for those previously excluded from them. But that pledge isn’t just about giving more people in developing economies access to financial services, important though that is. Fintech can also open up markets in mature economies.
Enter Peachy, a British insurtech provider that claims it can help far greater numbers of people to secure private health insurance. In the UK, the increasing cost of such cover in recent years has put it out of reach of the majority of people – but Peachy thinks it can reverse that trend.
“Traditional