DASH INVESTS $250,000 IN BRAZILIAN DIGITAL INSURER 88i.
88i Segura Digital is the first Brazilian digital insurance company focused on clients and service providers in the mobility, delivery, fintech, and eCommerce industries. The company, which utilizes AI to simplify the insurance process, already has partnerships in place with Brazil’s leading digital companies including Pic Pay, Vá de Taxi, U4Crypto, and Bitfy.
88i will utilize the $250,000 investment to implement Dash’s blockchain technology into its insurance products and integrate $DASH as a method of payment. The company will also expand its infrastructure and improve digital marketing to accelerate the adoption and commercialization of insurance solutions.
This year, the company expects to sell 50,000 insurance policies and reach revenue of around $1.38 million. In 2022, however, the company forecasts more ambitious results, expecting revenues of over $13 million.
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