< Back to Startup Bootcamp Cape Town Basket

Fo-Sho

Our mission is to provide insurance to the many not the few.
Fo-Sho logo.png

PROBLEM IT SOLVES:

We are taking the hassle out of issuance and fulfillment by using AI bots and machine learning to tailor the offering and eliminating paperwork. We are making it easier for users to manage all their insurance needs on a single platform. We believe that insurance is a commodity and that the only way to attract and retain customers is to provide a tailored and customized experience.

BUSINESS DESCRIPTION:

We are building insurance like never seen before! It’s going to be amazing! Fo-sho is a South African product powered by cool technology and using innovative peer-to-peer underwriting models to bring smarter short-term insurance to South Africa.

Short-term insurance can be expensive, complex and untrustworthy when it comes to claiming. Plus, there’s the total lack of transparency in the calculation of premiums which creates distrust between you and the suits running the insurance company – right!

We want to make insurance incredibly easy for you to buy, understand and manage your insurance needs.

INVESTMENT SOUGHT

0

VALUATION (PRE-MONEY)

0

EQUITY OFFERED

0

View the Companies in this Basket

Brownie Points
Brave
DusuPay
Fo-Sho
GotBot
JustNow
Khoyn
Mobicure
Spoon Money
Virtual Drive

© EasyEquities. EasyEquities is a product of First World Trader (Pty) Ltd t/a EasyEquities which is an authorized Financial Services Provider (FSP number 22588). All trades on the EasyEquities platform are subject to the legal terms and conditions to which you agree to be bound. The EasyEquities platform enables users to invest in securities which includes whole shares and fractional share rights (FSRs). EasyEquities acts as an agent for the issue of whole shares, where the investor is the registered owner of those shares, entitled to dividends, participation in corporate actions and all the economic benefits and risks associated with share ownership.

In respect of FSRs, EasyEquities acts as principal to a contract for difference issued to the investor, where the investor will have a contractual claim against EasyEquities to the economic benefits and risks associated with share ownership (price movements and dividends) without having ownership rights in the underlying share. Fractional share rights (FSRs) which are issued through a contract for difference, are an over the counter derivative. Unlike whole shares, FSRs do not carry any voting rights. As the investor makes further investments in FSRs and ultimately ends up with a whole share, the contract for difference is closed out and ownership whole share is delivered to the investor.

The availability of any share on the EasyEquities platform is based on various factors but is not an indication of value and does not mean that any share is an appropriate investment for you.

The availability of any share on the browse shares page does not necessarily indicate any contractual relationship between EasyEquities and the listed company, or the payment of fees for services. Brand Logos are owned by the respective companies and not by EasyEquities. The use of a company’s brand logo does not represent an endorsement of EasyEquities by the company, nor an endorsement of the company by EasyEquities, nor does it necessarily imply any contractual relationship. Further investment disclosures are available on the EasyEquities website.

* Note exchange prices are delayed in accordance with regional exchange rules. South African prices are delayed by 15 minutes; North American prices are delayed by 15 minutes; Australian prices are delayed by 20 minutes.

EasyEquities is a subsidiary of Purple Group Limited, a company listed on the JSE Limited (PPE)