Even Financial Gets into Insurance

Even Financial is a platform which helps customers find banking and lending products; now they are adding insurance to the mix with the acquisition of the life insurance startup LeapLife; Even currently works with many well known names such as Marcus, Citi, SoFi, LendingClub as well as other partners who help market products; through the acquisition Even will help consumers find insurers such as Lincoln Financial and Pacific Life; LeapLife last raised a seed stage round of $3 million back in 2016 when the company was founded; Even is purchasing LeapLife with a mix of cash and equity, though details were not disclosed; Even last raised $25 million and has investors such as Citi Ventures, American Express Ventures and Goldman Sachs; the company was last valued at $180 million. Business Insider