LOOP Partners with bolttech for Device Financing, Launches Shopping Festival with 20% Cashback
LOOP, the Fintech subsidiary of NCBA Group, has launched a new device financing solution in partnership with global insurtech leader bolttech.
The new financing offering integrates LOOP FLEX, a Buy Now, Pay Later (BNPL) service, allowing customers to pay for devices in installments spread over up to 12 months.
Through the collaboration with bolttech, the devices come with comprehensive built-in protection. This coverage extends to theft, accidental and liquid damage, and mechanical breakdowns, with the company ensuring that all servicing is conducted at authorized centers using genuine parts.
“Our new device financing solution is a timely offering as we continue to innovate around our customers’ lifestyle needs. We are making it easier for them to own premium devices while protecting value and transforming how technology is experienced. It’s also another step in delivering accessible, digitally driven financial solutions that empower our customers to live and work with confidence.” Eric Muriuki, CEO of LOOP DFS, said.
At the same time, the fintech has kicked off the LOOP Shopping Festival, a campaign designed to run through the festive period into February. The festival provides customers with significant savings through cashback deals across a wide variety of categories, including electronics, fashion, fuel, beauty, food, and groceries.
Customers can access these benefits through over 30 partner merchants. Participating brands include major retailers and service providers such as Shell, Hotpoint, Quickmart, OPPO, Bata, Galitos, ArtCaffé, Lintons, Samsung, Tecno, Vivo, Pizza Inn, and AutoExpress.
To support the campaign, LOOP has organized a series of on-ground mall activations intended to provide immersive experiences for users. These events are scheduled for locations including The Nord Mall in Ruiru, Thika Road Mall (TRM), and Sarit Centre.
The activations will feature vendor showcases, product trials, and live engagements to bring the festival directly to consumers. The Shopping Festival is currently open to all users via the LOOP App.
The LOOP Shopping Festival is open to all LOOP customers.
The LOOP app is available for download for Android devices on the PlayStore and IOS devices on the Apple Store.
Go to TECHTRENDSKE.co.ke for more tech and business news from the African continent and across the world.
Follow us on WhatsApp, Telegram, Twitter, and Facebook, or subscribe to our weekly newsletter to ensure you don’t miss out on any future updates. Send tips to editorial@techtrendsmedia.co.ke
