CarePay International BV

CarePay International BV, based in the Netherlands, specializes in providing a digital platform that enhances health insurance management, improving operational efficiency and increasing member engagement in the healthcare sector. Founded in 2015 and headquartered in Amsterdam, Netherlands, CarePay International BV focuses on delivering innovative solutions for health insurance management. The company has successfully completed 3 deals, with the most recent funding round occurring in April 2025, during which they raised EUR 5 million from Invest International, bringing the total amount raised to EUR 5 million. As of April 2026, the company is led by its CEO, Moses Kuria.

CarePay offers a comprehensive end-to-end insurance platform designed to streamline health insurance management, addressing the challenges of cost, complexity, and inefficiency. The platform facilitates processes such as member onboarding, pre-authorization, claims processing, and billing through a cloud-based system that provides real-time data insights. Key use cases include enabling quick access to maternity insurance for expectant mothers, like Joy, who can sign up and verify benefits within minutes using the CarePay Member App. By digitizing these processes, CarePay aims to improve the healthcare experience for members and insurers alike, significantly reducing administrative costs and claim processing times.

The platform serves insurers in various markets, with a particular focus on Kenya, and is designed to reach new market segments through its innovative, automated solutions. CarePay generates revenue through its subscription-based model, where health insurers pay for access to its digital platform to streamline their operations and improve service delivery. The platform's capabilities allow insurers to process claims and manage member data more efficiently, translating into lower administrative costs and faster reimbursement times. Clients benefit from CarePay's technology, which enhances their operational efficiency and member satisfaction.

Additionally, the company partners with organizations like PharmAccess and Safaricom to expand its reach and improve healthcare access, thus positioning itself as a crucial player in the health insurance sector. The structured transactions typically involve direct fees for the platform services, driven by the number of members enrolled and claims processed, enabling insurers to leverage CarePay's tools to enhance their capabilities in delivering health insurance services. The EBITDA for the year, 2024, was EUR -2,374,988. In April 2025, CarePay International BV raised EUR 5 million in venture funding from new investor Invest International.

The company will use this funding to further scale its platform for personalized health insurance and expand its operations into the Middle East. The planned expansion aims to tap into new markets and enhance healthcare access, aligning with the company's strategic goals.