Hi! It’s Monday, November 15, 2021. The Rundown Insurtech platform Lemonade announced that it will acquire auto insurer Metromile for $500 million, only a week after announcing that it was expanding into the auto insurance market with its newest product, Lemonade Car. The $500 million price tag for Metromile is a significant discount on its
Fintech Update, 11/8 - 11/14
Fintech Update, 11/8 - 11/14
Fintech Update, 11/8 - 11/14
Hi! It’s Monday, November 15, 2021. The Rundown Insurtech platform Lemonade announced that it will acquire auto insurer Metromile for $500 million, only a week after announcing that it was expanding into the auto insurance market with its newest product, Lemonade Car. The $500 million price tag for Metromile is a significant discount on its