PayPal Ventures' latest investment is in an Indonesian startup that provides personal insurance products covering a variety of risks, including accidents, PayPal's latest investment is in Qoala, an Indonesian startup that provides personal insurance products covering a variety of risks.

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Indonesian insurance startup Qoala has raised $47 million in funding led by PayPal Ventures. Qoala offers personal insurance products and simplifies the claims process using machine learning.

PayPal backs Indonesian insurance startup Qoala in $47M funding