Bolttech Makes Its Entry into Kenya

In a significant move to make high-quality devices more accessible, bolttech, a global leader in embedded protection and insurance solutions, has entered the Kenyan market through a partnership with LOOP, the digital banking service of NCBA Bank.

The partnership, set to launch a new product named LOOP Flex Device Financing (LOOP Flex) in October, aims to extend comprehensive protection to customers, ensuring their devices are safeguarded against theft, accidental damage, liquid damage, mechanical breakdown, and extended warranty issues.

The collaboration embeds this protection into the device ownership journey, making it seamlessly integrated into the LOOP customer experience. All repairs under LOOP Flex will be handled at certified service centres, using genuine parts, to ensure quality and efficiency.

Stephan Tan, CEO EMEA and Group Chief Investment Officer at bolttech, is proud to enter the Kenyan market, expressing his delight at joining forces with a trusted and innovative local partner like LOOP. Eric Muriuki, CEO of LOOP DFS, shares this sentiment, welcoming bolttech to Kenya.

This partnership is another step towards delivering innovative, accessible, and digitally driven financial solutions. It is designed to make it easier and more affordable for customers to own devices, thereby enabling more people to afford technology they rely on every day.

By extending its presence in Africa, bolttech brings its embedded protection and insurance solutions to one of the continent's most dynamic and fastest-growing digital economies. The company's collaboration with LOOP, the digital banking service of NCBA Bank in Kenya, marks a significant milestone in bolstering the continent's digital economy.

The partnership provides comprehensive protection for customers, ensuring they can enjoy their devices with peace of mind. With LOOP Flex, customers can look forward to a more secure and affordable device ownership journey.