Nimbla

Nimbla's fast and simple insurance solutions give you some cashflow protection against non-payment

General Information
Industries
Financial Services, Fintech +4
Funding Stage
Series Unknown
Product Stage
-
Business Model
-
Company Overview
Founded
2016
Employees
12
Location
London, United Kingdom
Website
Nimbla - Company Details
Nimbla is a digital insurance platform founded in 2016 and based in the United Kingdom. The company's slogan, "Nimbla's fast and simple insurance solutions give you some cashflow protection against non-payment," reflects its core focus on providing fast and affordable insurance solutions for small and medium-sized businesses. Nimbla's unique technology allows businesses to assess a buyer's ability to pay and insure individual invoices against non-payment. Whether it's insuring one invoice, multiple invoices, or an entire turnover, Nimbla offers tailored solutions to protect businesses from insolvent and late-paying customers. The latest significant milestone for Nimbla was a £5.10M Venture Round investment led by Fin Capital, XTX Ventures, and Barclays Bank in November 2021. This investment not only underscores investor confidence in Nimbla's innovative approach but also provides the company with the resources to further develop and expand its offerings in the Financial Services, Fintech, IT, Information Technology, Insurance, and Insurtech industries. Nimbla's commitment to addressing the critical need for cashflow protection in the SME sector, combined with its recent investment success, positions the company as a noteworthy player in the insurtech space.