UK-based insurtech Wrisk has acquired Atto, a real-time financial intelligence platform built on open banking data, as it deepens embedded finance and protection capabilities within enterprise customer journeys.
Wrisk embeds insurance directly into digital purchasing and ownership flows, with a strong presence in automotive.
The company partners with major OEMs to integrate insurance and protection products into vehicle sales channels, operating within a regulated framework designed for large-scale distribution.
Atto brings credit scoring, income verification, affordability assessment and behavioural analytics powered by open banking data.
Its platform delivers live, transaction-based insight rather than relying solely on static bureau files.
Enterprise clients across automotive and other sectors already deploy the system to inform risk and lending decisions in real time.
The combination moves financial intelligence further upstream in Wrisk’s architecture. Decisioning and execution will operate within a single integrated layer, reducing dependence on separate vendors and fragmented workflows.
According to Beinsure, embedded finance models gain traction when credit, insurance and payment flows sit within one controlled environment.
Automotive brands and other partners gain broader flexibility in structuring finance and protection offers. Context-aware credit decisions feed directly into insurance eligibility and pricing logic, allowing more responsive and tailored customer experiences.
For Atto, the transaction accelerates distribution. Wrisk’s OEM relationships and operational infrastructure create additional deployment channels across new markets and use cases.
Atto will continue as a dedicated product and team within the group, maintaining control of its roadmap and existing enterprise relationships.
- Wrisk CEO Nimeshh Patel said the deal combines Atto’s enterprise-proven intelligence with Wrisk’s scaled delivery capability.
- Atto strategic programme advisor Rob Knight described the move as a natural next phase, positioning open banking-driven credit assessment inside live finance and protection journeys.
We think consolidation across embedded insurance and embedded credit reflects a broader shift. Enterprise platforms are tightening control over customer data flows. Decision logic now sits closer to the transaction.
In July, 2025, Wrisk, a provider of embedded insurance solutions for the automotive industry, closed its Series B funding round, raising £12 mn to support European growth and further development of its data-driven insurance platform.
The funding round was co-led by Mundi Ventures and Opera Tech Ventures, the venture arm of BNP Paribas, both of which will join Wrisk’s board of directors.
Existing investors QBN and Volution also participated, reinforcing their ongoing support for Wrisk’s strategy.
Wrisk specializes in embedded insurance for the automotive sector and has developed programs for global brands such as BMW, MINI, Volvo, Mercedes-Benz, Jaguar Land Rover, and Stellantis.
In 2026, Wrisk has secured investment from Allianz as part of its recently announced Series B funding round.
The round was led by Alma Mundi Ventures and Opera Tech Ventures. With Allianz joining, Wrisk’s investor base now also includes the venture arm of BNP Paribas, along with QBN and Volution.
The size of Allianz’s contribution remains undisclosed.
According to the company, the investment strengthens Wrisk’s position as a technology partner for automotive original equipment manufacturers pursuing integrated, data-driven insurance models.
OEMs, according to Beinsure analysts, are narrowing their insurer relationships and pushing for deeper technical coordination.
