Britam’s Betalab invests Sh5mn in Oye to boost Boda Boda insurance

NAIROBI, Kenya, June 18 - Britam’s innovation hub, Betalab, has invested Sh5 million in fintech startup Oye to expand access to insurance and fuel credit Kenya breaking news | Kenya news today |..

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Britam's innovation hub, Betalab, has invested Sh5 million in fintech startup Oye to enhance insurance access for boda boda riders in Kenya.

Sh5 million investment aimed at closing financial protection gaps for riders.
Evah Kimani, Director of Partnerships and Digital at Britam, emphasizes the focus on protecting daily earners.
More than 20,000 insurance covers issued and 45 claims processed to date, indicating strong demand.

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Investment and Trade Developments

Britam's Betalab invests Sh5mn in Oye for Boda Boda insurance; Japan reports trade deficit amid auto export decline.

Japan posts trade deficit as U.S. auto exports drop

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