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Bamboo Capital backs ComparaOnline to connect Latin American customers with insurance

Inclusive Economics

The firm operates in Chile, Brazil and Colombia, with one million active users per month

The ComparaOnline team | Photocredit: TechCrunch

ComparaOnline, a South American financial services and insurance comparison site, launched in 2009 to help consumers compare options for car and travel insurance, consumer loans, and credit cards.

It operates in Chile, Brazil and Colombia, with one million active users per month. The latest round of funding was led by Bamboo Capital, which committed $14 million.

Bamboo’s founder Jean-Philippe de Schrevel said the company “brings a fresh approach to the distribution and transparency of insurance and other financial services in Latin America.”

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