Pay-U

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Temitope Adeyemi, Eyiwumi Lawal
Pre-Seed
InsurTech, AI
Pay-U creates value by making auto insurance affordable and flexible through pay-per-minute billing, AI-powered risk assessment and real-time usage tracking. We sell usage-based auto insurance to everyday drivers, ride-hailing drivers, businesses, and infrequent vehicle users. Revenue comes from insurance premiums, platform commissions, underwriting partnerships and embedded insurance integrations with mobility and fintech platforms.