---
title: "PayPal backs Indonesian insurance startup Qoala in $47M funding"
url: https://daily.dev/posts/paypal-backs-indonesian-insurance-startup-qoala-in-47m-funding-t21xkod99
source_url: https://techcrunch.com/2024/03/26/paypal-backs-indonesia-insurance-startup-qoala-in-47m-funding/
type: article
source: "TechCrunch"
published: 2024-03-27T03:04:30.362Z
updated: 2024-05-09T09:06:08.895Z
tags: ["startup", "venture-capital", "paypal"]
reading_time: 2
upvotes: 0
comments: 0
language: en
---

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# PayPal backs Indonesian insurance startup Qoala in $47M funding

**[TechCrunch](https://daily.dev/sources/tc)** · 2 min read · 0 upvotes · 0 comments

## Summary

Indonesian insurance startup Qoala has raised $47 million in funding led by PayPal Ventures. Qoala offers personal insurance products and simplifies the claims process using machine learning.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2024/03/26/paypal-backs-indonesia-insurance-startup-qoala-in-47m-funding/>

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Tags: [#startup](https://daily.dev/tags/startup), [#venture-capital](https://daily.dev/tags/venture-capital), [#paypal](https://daily.dev/tags/paypal)

[View this post on daily.dev](https://daily.dev/posts/paypal-backs-indonesian-insurance-startup-qoala-in-47m-funding-t21xkod99)