bolttech, LOOP to launch device financing and protection

By Vriti Gothi

bolttech has partnered with LOOP, NCBA Bank’s digital banking service, to expand into Kenya. The expansion underscores bolttech’s commitment to advancing embedded protection across Africa, while reinforcing Kenya’s position as one of the continent’s most vibrant digital economies.

As part of the collaboration, bolttech and LOOP will introduce LOOP Flex Device Financing (LOOP Flex) this October. Designed to meet the growing demand for affordable access to technology, the programme integrates flexible financing with comprehensive, embedded device protection. Customers will benefit from coverage that includes theft, accidental and liquid damage, mechanical breakdown, and extended warranty, with repairs carried out at certified service centres using genuine parts.

The solution is fully embedded within LOOP’s digital customer experience, reflecting a seamless and customer-centric design that aligns with the lifestyles of today’s connected consumers. By addressing both affordability and protection, LOOP Flex aims to empower more Kenyans to access and safeguard the devices that enable their work, learning, and everyday lives.

Eric Muriuki, CEO, LOOP DFS, said, “We are delighted to welcome bolttech to Kenya and to partner with a global leader in embedded protection. 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.”

Stephan Tan, CEO EMEA and Group Chief Investment Officer, bolttech, said, “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.”

With LOOP Flex, bolttech and LOOP are setting a new benchmark for inclusive, digitally enabled financial solutions in East Africa, signalling a shared ambition to drive innovation, trust, and long-term growth in the region’s digital economy.