Global insurtech firm bolttech has announced its entry into the Kenyan market through a partnership with LOOP, the digital banking service operated by NCBA Bank.
The collaboration extends bolttech’s presence in Africa, bringing its embedded protection and insurance services to Kenya’s growing digital economy.
Under the partnership, bolttech and LOOP will introduce LOOP Flex Device Financing (LOOP Flex) in October.
The programme is designed to make device ownership more accessible by combining flexible financing with built-in device protection.
Coverage will include theft, accidental and liquid damage, mechanical breakdown, and extended warranty, with repairs carried out at certified service centres using genuine parts.
Eric Muriuki, Chief Executive of LOOP DFS, said:
“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.”
Stephan Tan, CEO EMEA and Group Chief Investment Officer at bolttech, said:
“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.”
Featured image credit: bolttech
