Flow Capital investment flows into UK InsurTech business, Wrisk
HLaw are pleased to announce having acted on a venture debt financing for Flow Capital Corp, a leading provider of flexible growth capital and alternative debt solutions that is listed on the Toronto Stock Exchange in Canada.
Flow invested into Wrisk Limited, a B2B2C InsurTech provider with a current focus on the motor insurance space. Wrisk markets a white-labeled insurance platform to enterprise customers for pricing, distributing, and managing insurance products.
Matthew Gan, Vice President of Flow Capital Corp, commented, “we were thrilled to get our investment into Wrisk away and to be supporting the business. We remain positive about opportunities in the UK. In Humphreys Law we found a responsive and nimble team that understand how venture debt deals are done (and who can cover the finance, equity warrants, tax, regulatory and due diligence workstreams under one roof). We hope to be able to work with them again on other UK investments.”