| Founded | 2018 |
|---|---|
| Closed | 2022 |
| Country | Spain |
| Sector | Insurtech |
| Collapse type | Regulatory Kill |
| Founder | Pablo García, Laura Martínez |
Penni
"WhatsApp insurance was fun until every Spanish millennial only bought the cheapest plan."
Forced closure by regulatory action
Key Events Timeline
Penni, a Madrid-based digital insurance broker founded by Pablo García and Laura Martínez in 2018, targeted Spanish millennials with a WhatsApp-first insurance comparison and purchase flow.
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