NAIROBI, Kenya– Global insurance technology provider Bolttech has made its entry into Kenya through a tie-up with NCBA Bank’s digital banking arm LOOP, unveiling a device financing and protection scheme set to begin in October.
The initiative, branded LOOP Flex, will allow customers to acquire mobile devices through flexible payment plans while simultaneously accessing embedded insurance cover.
Protection will extend to theft, liquid and accidental damage, mechanical breakdowns, and extended warranties, with repairs carried out at authorized service centres using original parts.
Bolttech said the move underscores its strategy of embedding insurance solutions into everyday consumer transactions while positioning itself in one of Africa’s most competitive digital economies.
The company has a presence in more than 30 markets worldwide and views Kenya as a strategic entry point in East Africa’s fast-growing fintech landscape.
LOOP DFS Chief Executive Officer Eric Muriuki said the programme is designed to ease the cost burden of acquiring new devices for consumers while offering peace of mind.
“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,” said Muriuki.
Bolttech’s EMEA CEO and Group Chief Investment Officer, Stephan Tan, added that the collaboration is expected to deepen customer protection in Kenya’s digital economy.
“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,” he said.
Kenya has emerged as a hotbed for digital financial services, with banks and fintechs racing to bundle credit, insurance, and payments into mobile-first platforms.
The LOOP Flex rollout is expected to expand competition in the consumer device market, targeting urban youth and professionals reliant on smartphones for work and daily transactions.
