Global insurtech firm bolttech has announced its entry into Kenya through a partnership with LOOP, the fintech subsidiary of NCBA Group. The collaboration introduces LOOP FLEX, a Buy Now Pay Later solution that combines flexible device financing with embedded protection, set to launch this October.
The programme is designed to make smartphones and other devices more affordable while ensuring customers are fully protected. Coverage includes theft, accidental and liquid damage, mechanical breakdown, and extended warranty, with all repairs carried out at certified service centres using genuine parts. Claims can be filed and tracked digitally.
Eric Muriuki, CEO of LOOP DFS, said: “This partnership enables us to empower our customers with access to the devices they need through transparent and affordable financing powered by LOOP FLEX, as well as give them the peace of mind that comes with comprehensive protection.”
Stephan Tan, CEO EMEA and Group CIO of bolttech, added: “Kenya is one of Africa’s most dynamic digital economies and we are proud to enter the market alongside LOOP. Together, we are embedding protection into the device ownership journey, enabling more people to afford and safeguard the technology they rely on every day.”
The move marks bolttech’s latest expansion in Africa, leveraging technology and partnerships to deliver integrated financial and protection solutions tailored for digital-first markets.
