NCBA and Loxea Partner to Finance BYD Shark 6 Hybrid Pickup
NCBA and Loxea launch a financing deal for BYD Shark 6, Kenya’s first PHEV pickup, offering up to 90% financing..
✨ Key Highlights
NCBA Bank and CFAO Mobility Kenya's Loxea have partnered to finance BYD electric vehicles in Kenya, commencing with the introduction of the BYD Shark 6, the nation's inaugural plug-in hybrid pickup.
- Customers can finance up to 90% of the vehicle's value with repayment terms of up to five years.
- The BYD Shark 6, priced at a special launch rate of KSh 10.7 million for the first five customers, offers a range of up to 650km and consumes as little as 2.0 litres per 100km when fully charged.
- This collaboration aligns with NCBA's #ChangeTheStory initiative, which includes a pledge to mobilize KSh 30 billion for green financing and plant 10 million trees by 2030.
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Companies Launch Partnerships and a Hub to Expand Financial and Payment Services in Kenya - September 2025
Tende Pay has partnered with PesaLink to integrate instant payment capabilities into its spend management platform, enabling Kenyan businesses to conduct 24/7 instant payments of up to KSh 999,999 across all banks. This collaboration addresses long-standing issues of speed and convenience for businesses. Separately, global fintech company Verto has launched a new hub in Nairobi to strengthen cross-border payments and simplify international trade for businesses in East Africa. In the financing sector, NCBA Bank and CFAO Mobility Kenya's Loxea have partnered to finance BYD electric vehicles in Kenya. This financing partnership commences with the introduction of the BYD Shark 6, the nation's inaugural plug-in hybrid pickup.
