Nimbla is a pioneering player in the Insurtech space, specifically targeting the needs of small and medium-sized businesses by offering bespoke digital insurance solutions. Founded in 2016 and headquartered in the United Kingdom, Nimbla is at the forefront of providing cashflow protection through fast and simple insurance options that insulate businesses from the financial strain of insolvent and late-paying clients.
The company leverages its unique technological platform to assess buyers’ payment capabilities and provides insurance for individual or multiple invoices, or entire business turnovers. This flexibility meets the specific needs of businesses challenged by cashflow uncertainties.
In its Venture Round on 03 November 2021, Nimbla secured a noteworthy investment of £5.10M from established investors such as Fin Capital, XTX Ventures, and Barclays Bank, signaling confidence in its innovative approach and growth potential within the Financial Services and Fintech sectors.