- Round2 Capital invests EUR 7-figure revenue-based financing in Friendsurance, a provider of a digital bancassurance software platform and accompanying services
- Friendsurance’s bancassurance platform connects banks, insurers, and end customers within a single digital ecosystem, enabling digital sales and management of insurance products
- The funding will support Friendsurance’s further sales expansion via the acquisition of new bank and insurance partners
Vienna/Berlin, 8th July, 2025
Round2 Capital invests EUR 7-figure amount in Friendsurance to boost its further sales expansion and expand its partnerships with European banks and insurers
Berlin-based InsurTech company Friendsurance provides a bancassurance software platform that connects banks, insurers, and end customers within a single digital ecosystem, enabling banks to offer digital insurance services directly to their clients. Through the white label platform integrated into the banks’ digital infrastructure and through additional accompanying services, banks can generate new revenue streams from reselling insurance products while enhancing their overall digital offering. Insurers benefit from an additional digital sales channel and gain valuable customer insights. End customers can conveniently manage their insurance policies and transparently compare insurance options – all within their existing bank interface.
In the growing digital bancassurance market, Friendsurance has positioned itself as a leading player in the DACH region – a market characterized by high insurance density but relatively low digital bancassurance penetration. Traditional banks and insurers only have limited digital expertise and required technical infrastructure to offer digital bancassurance services. To stay competitive with digital-first neobanks and comply with evolving regulations such as the Financial Data Access Initiative (FIDA), these incumbents increasingly turn to Friendsurance. The company’s technology platform and accompanying services empower banks and insurers to enhance their digital value proposition and deliver more effective, customer-centric insurance.
Tim Kunde, Founder & CEO of Friendsurance, commented on the investment:
“We are excited to keep pushing the boundaries of digital bancassurance in Germany—and beyond—for the benefit of all stakeholders. This includes building out existing relationships, with strategic players like Deutsche Bank, Allianz and Bancassurance360, our joint venture with SDK insurance, as well as unlocking new partnerships across the financial landscape. Our partnership with Round2 marks an important milestone on this journey. Their support provides not only valuable growth capital, but also a uniquely flexible financing structure and a team that truly shares our entrepreneurial vision.“
Stefan Nagel, Managing Partner at Round2 Capital, added:
“We are excited to support Friendsurance on their further growth path. The team brings deep insurance expertise and a clear understanding of how to digitally transform a traditionally complex industry. With digital bancassurance adoption still in its early stages, Friendsurance is perfectly positioned to lead this shift. Their strong traction built over years confirms both the market demand and their ability to execute.”
About Friendsurance
Friendsurance is the leading digital bancassurance platform in the DACH region. Founded in 2010 in Berlin, Friendsurance combines deep customer insight with strong partnerships across the financial sector, including major players like Allianz and Deutsche Bank. The platform is uniquely positioned to enhance convenience and trust for consumers navigating insurance, while enabling banks and insurers to unlock the full potential of digital bancassurance. By leveraging data-rich solutions, Friendsurance helps improve customer retention and drive more effective sales.
For more information about Friendsuarance, please visit: Website | LinkedIn
Press contact for Friendsurance:
Tim Kunde | press@friendsurance.de
About Round2
Round2 Capital is a pan-European growth investment firm with EUR 170m under management. Based in Vienna, the firm is a strong partner for European scale-ups and companies with digital and sustainable business models. Since its foundation in 2017, Round2 Capital pioneered revenue-based finance in Europe and is active in several European countries with both revenue-based finance and growth equity investments. To date, Round2 Capital has invested in 41 different software and technology scale-ups across 9 jurisdictions.
Round2 Capital is backed by the European Investment Fund (EIF) to support technology companies in the European Union. Round2 Capital Partners II is partially funded under the so-called “Mezzanin Dachfonds für Deutschland Fazilität 2”, a facility managed by EIF for the ERP Sondervermögen, represented by the German Federal Ministry for Economic Affairs and Energy (“Bundesministerium für Wirtschaft und Energie”), LfA-Gesellschaft für Vermögensverwaltung mbH and NRW.Bank Anstalt des öffentlichen Rechts.
For more information about Round2 Capital, please visit: Website | LinkedIn
Press contact for Round2:
Julian Bejer | jb@round2cap.com | +43 150 300 34
