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Diesta Limited

Next-generation payment processor for the insurance industry

Diesta Limited logo
1-20 employees
  • B2B
  • Insurance
  • Payments
  • Financial Services
  • SaaS
City of London, London, UK

Company mission

Our mission is to reduce the time spent on insurance payment processing to zero.

Top investors

Few candidates hear
back within 2 weeks

Our take

The insurance industry has a payments problem. Because claims processing is customer-facing, there has been heavy investment in improving outgoing payments, while the side of the business that collects premiums payments from customers has not benefited from digitization. What's left is a fragmented chain of manual process and legacy systems, reducing efficiency and introducing a lot of unecessary work. Diesta hopes to improve this situation with a payment processor made for the insurance industry.

The insurance industry is valued at £70 billion and there is significant competition in this field from startups such as Imburse as well as older firms like Blink and Computop. However Diesta's founders have strong experience in the insurance industry and have identified a need for a processor that will integrate easily with a company's existing systems rather than outsourcing or replacing them. It is likely that their experience and passion will enable Diesta to make significant headway in this market.

Diesta is currently preparing to raise seed round funding. It is working to develop its software's capabilities and improve its integration with existing insurance systems, and is investing in talent to make this possible.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Benefits

  • 22 Days paid leave (excl. public holidays)
  • Nest pension (3% employer contribution)
  • Fully flexible working hours
  • We match any charitable donations (up to £150 p.e. p.a.)
  • Personal development allowance

Company values

  • Competence, Commitment and Trustworthiness

Funding (last 2 of 3 rounds)

Oct 2024

$3.8m

SEED

Nov 2023

$2m

SEED

Total funding: $6m

This company has top investors

Leadership

Before co-founding Diesta was an Underwriter and Strategy Analyst and Munich Re.

Previously founded Appetite, and Conclude.

Diversity, Equity & Inclusion at Diesta Limited

  • We put on unconsciousness bias workshops for all employees
  • We strive to build a company with a highly diverse leadership board
  • We dedicate time and recources to address problems of discrimination and mental health
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