FinTech: Across The Pond, Tie-ups In Fintech On Cashbacks And Insurance

February 15, 2023 | FinTech, News
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The collaborations cover cashbacks and renters’ insurance.

France: BNP partners with Lemonade on renters’ insurance

BNP Paribas Cardif (EPA: BNP) has partnered with Lemonade (NYSE: LMND) to offer renters insurance in France. The 100% online policy subscription and claims submission process can be done on any device, providing a simple and fluid customer experience.

The insurance policy includes standard coverage for damage to personal belongings and personal liability coverage, as well as special coverages adapted to the French market.

Customers can buy an insurance policy online at cardif.fr or lemonade.com/fr and through the Lemonade app.

This partnership aligns with BNP Paribas Cardif’s strategic plan to enhance customer experience and make insurance more accessible. (Lemonade)

“As a well-developed insurance market with millions of digitally-savvy renters, France continues to be an exciting opportunity and focus for us since launching in 2020,” said Daniel Schreiber, co-CEO and co-founder of Lemonade. “A renowned brand like BNP Paribas Cardif combined with Lemonade’s instant and transparent approach to insurance brings the best of both worlds to French residents looking for a seamless way to protect their things.”

Both BNP Paribas Cardif and Lemonade co-insure the offer.

Belgium: ING ties with Amazon on cashbacks

Belgian customers of ING bank (AMS: INGA) can now benefit from a partnership with Amazon (NASDAQ: AMZN), offering up to 11% cashback on a range of online products including electronics, fashion and home goods.

By activating the ING+ deals platform, customers can enjoy cashback from over 50 merchant partners, with reimbursements automatically calculated and transferred back to the customers. (ING)

This is the first cashback deal with Amazon in Belgium, but similar services are available in other countries through ING.

Around 400,000 Belgian customers currently use ING+ deals.

Related Story:  Amazon And Stripe Agree To Expand Existing Relationship

Photo by Markus Spiske on Unsplash

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