PayPal Ventures has led a $13 million Series B funding round for Olé Life, a Latin American insurtech offering fully digital life insurance solutions tailored to the region’s needs. With over $2 billion in insured value and 4,000 distribution partners, Olé Life plans to use the funding to expand its presence across Latin America and introduce innovative products, such as whole-family protection plans. The investment highlights Olé Life’s strong market fit and aligns with PayPal Ventures’ goal of fostering financial inclusion through cutting-edge solutions.
PayPal Ventures Invests in Olé Life