Global Insurtech bolttech Expands Into Kenya

bolttech Partners with LOOP for Device Financing in Kenya

Global insurtech company bolttech has recently announced a partnership with LOOP to introduce LOOP Flex Device Financing. This new offering is set to launch in October and aims to enhance access to technology for customers in Kenya.

What is LOOP Flex?

LOOP Flex Device Financing is designed to provide flexible payment options for consumers looking to purchase electronic devices. By allowing customers to finance devices over time, the program can make technology more affordable and accessible to a wider audience.

Key Players Involved

bolttech is known for its innovative insurance technology solutions, while LOOP operates in the Kenyan market with a focus on device financing options. Together, they are leveraging their strengths to address the needs of consumers who may find it challenging to buy high-cost devices upfront.

Who Will Benefit?

The initiative is likely to benefit a broad range of consumers in Kenya, particularly those who are looking for affordable ways to acquire the latest technology. This could include students, young professionals, and anyone eager to stay connected without the burden of a large initial payment.

Conclusion

The collaboration between bolttech and LOOP is part of a broader effort to modernize how consumers access technology in emerging markets. By providing a financing option, they aim to meet the growing demand for devices in Kenya, enabling more individuals to participate in the digital economy.

Original Source: https://cioafrica.co/global-insurtech-bolttech-expands-into-kenya/