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FinTech news in Susu category

InsurTech Susu raised pre-seed of $1M in Ivory Coast

In addition to allowing patients to finance their bills, Susu proposes a collective financing solution where family members living locally or in the diaspora can also help patients finance their monthly subscription fees via care bundles. Susu offers care packages or bundles to patients suffering from chronic diseases like diabetes and hypertension and pregnant women who require careful management to ensure their conditions are monitored and get the preventative advice to live the best way with their conditions. While insurtech incumbents and upstarts such as CarePay and Reliance Health try to make insurance readily available for the rest of the market via partnerships with companies or by enabling weekly to monthly subscription charges, users are still required most times to pay out of pocket. Care bundles are basically medical calendars composed of doctor consultations, nurse visits, medical advice sent by SMS and a combination of other medical activities for patients.