ApideckTape
← Embedded Finance Index 2026

Ottonova

“Can a digital-native private health insurer become the primary healthcare-and-payments app for privately insured Germans?”

Founded2015
HQMunich, Germany
FoundersDr. Roman Rittweger, Sebastian Scheerer, Frank Birzle
Latest roundSeries F
IndustryFintech / Insurtech
The story

Ottonova launched in 2015–2017 as Germany's first fully digital private health insurance (PKV), rebuilding the entire insurance stack around a mobile app: digital claims, telemedicine, concierge support. Beyond core insurance it has expanded into corporate health insurance (CrewCare), partnerships aimed at freelancers (Flow with Malt and Kontist), and most recently an embedded payments experience (Pay Connect) that lets policyholders both submit and pay medical bills in-app – blurring the line between insurance app and personal finance app.

Last 12 months
2025-08
Product timeline
2015
Ottonova founded in Munich by Dr. Roman Rittweger, Sebastian Scheerer and Frank Birzle as Germany's first purely digital private health insurer.· banking
2017
Received BaFin authorisation and launched private comprehensive health insurance (PKV) as a fully app-based product.· banking
2020
Launched Flow benefits program for freelancers with partners Malt and Kontist covering client acquisition, accounting/tax and health insurance.· pivot
2025
Launched Pay Connect – in-app bill payment/transfer feature bundled with claims submission via bank connectivity.· banking
Regulated entities
1
regulatory licence held by Ottonova
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
4 layers disclosed in Ottonova’s embedded-finance stack
Money movement
SEPA
Card issuing
in the full report
Card network
in the full report
Insurance
in the full report
Accounting gap: none
3 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.