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French insurtech Luko becomes a European leader

The home insurance start-up buys out a German rival. A passport to become a real insurer.

Luko is changing dimension. The French startup created in 2018 to sell home insurance has just bought Coya, a German competitor, for an undisclosed amount. "The operation is financed in shares," says Raphaël Vullierme, Luko's CEO. The shareholders of Coya become shareholders of Luko.

Read the full article on Le Figaro