# How fintechs are tapping insurtechs to bundle services
> Analyze the growing number of partnerships between fintechs and insurtechs.
Canonical URL: https://www.sureapp.com/newsroom/how-fintechs-are-tapping-insurtechs-to-bundle-services
Type: Blog post
Published: 2021-01-26T00:00:00.000Z
Using CB Insights’ Business Relationships data, we map out and analyze the growing number of partnerships between fintech and insurtech companies.

![Companies that bundle](https://kgerf2ausmlyevfj.public.blob.vercel-storage.com/674f2e4c944cb169f348b029_60107f5654fa61493201c560_CBInsights_Fintech-insurtech-BR-12626.png)

_Companies that bundle_

  
A growing number of consumer-facing fintech startups — facing increased scrutiny stemming from high valuations and profitability concerns — are looking to expand their core businesses by “rebundling” a range of financial services products into their offerings. One way they are doing this is through partnerships with insurtech companies.  

The value proposition can be appealing to both parties.

[Fintech companies can leverage insurtech partnerships](https://www.sureapp.com/press/press-release-sure-ceo-wayne-slavin-named-a-2022-top-50-financial-technology-ceo-by-the-financial-technology-report) to increase revenue and provide additional value to their customers. For insurtech companies, these partnerships can provide a large and engaged user base into which they can sell. Even the biggest insurtech companies tend to have far fewer customers than their fintech counterparts. Renters insurance provider [Lemonade](https://app.cbinsights.com/profiles/c/mpZg8), for instance, has about 900K customers compared to [Chime](https://app.cbinsights.com/profiles/c/mv5PP)‘s 10M banking customers.

[Read the full report here.](https://www.cbinsights.com/research/insurtech-fintech-business-relationships/)