8 years ago

Canopy Receives Further Investment for UK Expansion

  • Canopy, a London-based insurtech company, received a further investment from Round Hill Capital to invest in UK expansion and new services.

      • ProblemTechnology

      "Landlords often require large cash security deposits from renters, which can be a financial burden, especially for those just starting out. This can also make it difficult for renters to build a good credit history."

      Solution

      "Canopy offers a digital rental profile (RentPassport) that replaces the need for large cash security deposits with an insurance policy backed by HISCOX. By paying rent directly through the mobile app, users can also enhance their credit history."

      Covered on