Global Insurtech bolttech Enters Kenyan Market Through LOOP Partnership
Through this partnership, bolttech and LOOP will launch new product LOOP Flex Device Financing (LOOP Flex) to customers this October.
Global insurtech, bolttech , announced its entry into the Kenyan market via its partnership with LOOP, the digital banking service from NCBA Bank . The move extends bolttech’s presence in Africa, bringing its embedded protection and insurance solutions to one of the continent’s most dynamic and fast-growing digital economies.
Through this partnership, bolttech and LOOP will launch new product LOOP Flex Device Financing (LOOP Flex) to customers this October. The new programme will make it easier and more affordable for customers to own the devices they rely on, while ensuring they are fully protected. The solution combines flexible financing with comprehensive, embedded device protection seamlessly embedded into the LOOP customer experience, including theft, accidental and liquid damage, mechanical breakdown, and extended warranty, with all repairs handled at certified service centres using genuine parts.
“We are delighted to welcome bolttech to Kenya and to partner with a global leader in embedded protection. This partnership enables us to make high-quality devices more affordable while giving our customers the peace of mind that comes with comprehensive protection. It’s another step towards delivering innovative, accessible, and digitally driven financial solutions that empower our customers to live and work with confidence”
– Eric Muriuki, CEO, LOOP DFS
“Kenya is one of Africa’s most dynamic digital economies and we are proud to enter the market alongside LOOP, a trusted and innovative local partner. Together, we are embedding protection into the device ownership journey, enabling more people to afford and safeguard the technology they rely on every day.”
– Stephan Tan, CEO EMEA and Group Chief Investment Officer, bolttech
