Daily Fintech Conversations

Can WhatsApp Ape WeChat's China Success, As It Enters Indian Fintech?

Originally published at: https://dailyfintech.com/2020/12/24/can-whatsapp-ape-wechats-china-success-as-it-enters-indian-fintech/

WhatsApp announced plans to venture into health insurance and micro-pension in India via tie-ups with leading local players, having piloted last few months. According to its P&C insurance partner CEO, WhatsApp’s reach can prop up the low 4% penetration of health insurance, closer to the world average of 6.3% of GDP. WhatsApp has identified four…