Luko and Micco Announce Strategic Partnership to provide Home insurance to Micco’s customers

Luko and Micco join together to provide home insurance to Micco's customers

Mar 18, 2024

Paris, France - Luko, the leading home insurtech company in France and Europe, and Micco, the revolutionary All-In-One bank for global citizens, are pleased to announce its strategic partnership. This partnership aims to transform the home insurtech industry and provide innovative solutions to meet the evolving needs of customers worldwide.

Luko has established itself as the #1 home insurtech in France and Europe, with over 400,000 insured individuals and a strong team of +200 employees in France. The company has demonstrated exceptional growth and has successfully raised over €70 million in funding, highlighting its position as a key player in the industry.

Micco, known for its forward-thinking approach and impactful solutions, has joined the prestigious Station F Founders Program 2.0, an incubator that has supported over 5,000 startups, including renowned companies such as Yuka, Joko, Hivebrite, and Luko.

The strategic partnership between Luko and Micco will drive innovation and enhance customer experiences in the Fintech/insurtech sector. Leveraging Luko's expertise and market leadership, combined with Micco's all-in-one mobile banking and financial hub, the partnership aims to improve the overall financial well-being of individuals and professionals.

By joining forces, Luko and Micco will explore synergies between their respective industries to create insurtech solutions that provide comprehensive and seamless banking and insurance services. The partnership will enable Luko to offer Micco's solutions to all its customers and especially international / expats / foreigners, who have always been part of Luko's early enthusiasts. Through this collaboration, Luko can provide all in one insurance and banking services for them to easily manage their finance needs during their stay, reinforcing its positioning in this growing market segment.

Mingze Ni, CEO of Micco, expressed enthusiasm about the collaboration, stating, "Partnering with Luko is a tremendous opportunity for Micco to leverage their market leadership. We look forward to collaborating closely with Luko to drive innovation, create value, and ultimately transform the home insurtech landscape."

"We are excited to embark on this strategic partnership with Micco," said Flore DEGHAYE, Head of Partnership at Luko. "By combining our expertise and resources, we continue to revolutionize the insurtech industry, enhance customer experiences, and provide innovative solutions that address the evolving needs of our global customers.”,

The partnership between Luko and Micco marks a significant milestone for both companies and the Fintech and Insurtech industry as a whole. With their combined expertise, market leadership, and shared commitment to innovation, Luko and Micco are poised to shape the future of insurance and banking, delivering unparalleled value to customers worldwide.

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About Luko:

Luko is the #1 home insurtech company in France and Europe, providing innovative and customer-centric insurance solutions. With over 400,000 insured individuals and a strong team of +200 employees in France, Luko is revolutionizing the industry through its cutting-edge technology and commitment to transparency and customer satisfaction.

About Micco:

Micco is a revolutionary All-In-One bank for global citizens, catering to the financial needs of individuals and professionals. By leveraging its world-class team and expertise in mobile banking, Micco aims to improve the financial well-being of the underserved overseas Asian population, offering a comprehensive range of banking services in a single platform.

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