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UK’s Marshmallow Raises €79.4M to Expand Insurance Services for Immigrants

  • London-based motor insurer, Marshmallow, has raised €79.4 million in funding to expand its insurance services for immigrants to the UK.
  • The funding round was backed by Portage, BlackRock, and Columbia Lake Partners.
  • Marshmallow aims to become a one-stop-financial-shop for newcomers, addressing major financial services barriers and offering affordable solutions for this group.
  • The company plans to broaden its services to international markets, helping immigrants who have relocated to other countries.

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