APOLLO Insurance, a Canadian digital insurance provider and leading innovator in the emerging embedded finance sector, has raised CAD $18.5 million to launch FinShore, a buy-now-pay-later subsidiary, to make insurance payments more accessible for Canadians, particularly renters. FinShore, backed by Fair Capital Partners Inc. and Innovation Federal Credit Union, offers a fully embedded monthly payment option for insurance premiums to over 100,000 Canadians insured with APOLLO.

APOLLO Insurance Raises CAD $18.5 Million to Launch FinShore Buy-now-pay-later Subsidiary