FinTech news in employee benefits category

Founded out of London in 2019, Ben is a SaaS platform that offers core employment benefits such as life insurance, health, and pension, as well as more lifestyle-based nice-to-haves such as gym memberships and work-from-home allowances.

Pazcare, a Bangalore-based employee benefits and insurtech platform, announced today it has raised $8.2 million led by Jafco Asia, bringing its valuation to $48 million. Pazcare currently offers health, term and accident insurance and outpatient health benefits. Malik told journalist the new funding will be used to expand Pazcare’s offerings and double its team size. Pazcare’s last round of funding was a $3.5 million seed round raised in October 2021.