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Raise Financial buys GreenLife Insurance Broking to build full stack fintech distribution
Startups
Published on 13 May 2026
No deal value disclosed but $15 million planned
Weeks after buying algo-trading platform Stratzy, Raise Financial Services has acquired GreenLife Insurance Broking in a cash-and-stock deal without revealing terms. The unicorn plans to invest $15 million to build a direct-to-consumer insurance distribution platform, combining GIBL’s insurance expertise with Raise’s product and technology push across metro and tier II markets.
- Raise Financial acquires GreenLife Insurance Broking via cash and stock deal
- Financial terms not disclosed, but $15 million investment planned for the platform
- GIBL’s team will join Raise and relocate operations to Mumbai
- Move expands Raise toward full-stack fintech and direct insurance distribution
Read the full story at Inc42
This summarization was done by Beige for a story published on 
Inc42