{"id":94987,"date":"2025-12-08T15:14:53","date_gmt":"2025-12-08T15:14:53","guid":{"rendered":"https:\/\/www.africa-press.net\/angola\/all-news\/bolttech-acquires-kenyas-mtek-in-rare-east-african-exit"},"modified":"2025-12-08T17:07:15","modified_gmt":"2025-12-08T17:07:15","slug":"bolttech-acquires-kenyas-mtek-in-rare-east-african-exit","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/angola\/all-news\/bolttech-acquires-kenyas-mtek-in-rare-east-african-exit","title":{"rendered":"Bolttech Acquires Kenya\u2019S Mtek in Rare East African Exit"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Angola. <\/strong><\/span><b>Kenyan insurtech mTek has been acquired by Singapore-based unicorn bolttech, marking a rare exit for East Africa in a challenging funding environment.<\/b><\/p>\n<p>Founded in 2019 by Bente Krogmann (CEO) and Christopher Osore, mTek developed a fully paperless digital insurance platform serving over 350,000 customers. The platform integrates with more than 45 insurers and has recently expanded its embedded insurance services through a partnership with Mastercard.<\/p>\n<p>This acquisition provides bolttech with an immediate, license-ready entry into the East African insurance market, while mTek\u2019s leadership team will remain in place during the transition. The deal also provides an exit for investors, including Verod-Kepple Africa Ventures, Founders Factory Africa, and Finclusion Group, who supported the startup in previous funding rounds, including USD 3 million in 2022 and USD 1.25 million in 2024.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Angola<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Angola. Kenyan insurtech mTek has been acquired by Singapore-based unicorn bolttech, marking a rare exit for East Africa in a challenging funding environment. Founded in 2019 by Bente Krogmann (CEO) and Christopher Osore, mTek developed a fully paperless digital insurance platform serving over 350,000 customers. The platform integrates with more than 45 insurers [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":94986,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[329],"class_list":["post-94987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-angola"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Bolttech Acquires Kenya\u2019S Mtek in Rare East African Exit - Angola<\/title>\n<meta name=\"description\" content=\"Kenyan insurtech mTek has been acquired by Singapore-based unicorn bolttech, marking a rare exit for East Africa in a ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/angola\/all-news\/bolttech-acquires-kenyas-mtek-in-rare-east-african-exit\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bolttech Acquires Kenya\u2019S Mtek in Rare East African Exit\" \/>\n<meta property=\"og:description\" content=\"Kenyan insurtech mTek has been acquired by Singapore-based unicorn bolttech, marking a rare exit for East Africa in a ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/angola\/all-news\/bolttech-acquires-kenyas-mtek-in-rare-east-african-exit\" \/>\n<meta property=\"og:site_name\" content=\"Angola\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-08T15:14:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-08T17:07:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2025\/12\/sm_1765200737.083092.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"375\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/bolttech-acquires-kenyas-mtek-in-rare-east-african-exit#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/bolttech-acquires-kenyas-mtek-in-rare-east-african-exit\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Bolttech Acquires Kenya\u2019S Mtek in Rare East African Exit\",\"datePublished\":\"2025-12-08T15:14:53+00:00\",\"dateModified\":\"2025-12-08T17:07:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/bolttech-acquires-kenyas-mtek-in-rare-east-african-exit\"},\"wordCount\":145,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/bolttech-acquires-kenyas-mtek-in-rare-east-african-exit#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2025\/12\/sm_1765200737.083092.jpg\",\"keywords\":[\"Angola\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/angola\/all-news\/bolttech-acquires-kenyas-mtek-in-rare-east-african-exit#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/bolttech-acquires-kenyas-mtek-in-rare-east-african-exit\",\"url\":\"https:\/\/www.africa-press.net\/angola\/all-news\/bolttech-acquires-kenyas-mtek-in-rare-east-african-exit\",\"name\":\"Bolttech Acquires Kenya\u2019S Mtek in Rare East African Exit - 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