BCEAO Grants First Licenses Under New Fintech Rules to FeexPay and Cinetpay
- Bolttech is preparing to enter the Kenyan market in October.
- The company has partnered with LOOP, a digital banking service from NCBA Bank Group.
- LOOP Flex will offer device protection against theft, accidental damage, and liquid damage.
The entry of bolttech into the Kenyan market signifies a pivotal moment for the insurtech landscape in Africa. As digital banking and smartphone usage continue to rise, the demand for innovative insurance solutions will likely grow, presenting opportunities for both established and emerging players in the market. This could lead to increased competition and better services for consumers.
