Opera timely inks sponsorship deal for upcoming Fintech Summit


Three days to the event, and Kenya’s eagerly awaited Fintech Summit 2018 is still raking in sponsors, Opera under its micro-lending flagship, Okash just inked its sponsorship.

The Summit slated for 29th and 30th May 2018 in Nairobi, themed Collaboration & Co-Innovation in the Financial Services Industry, brings together and average of 200 top-tier leadership in the Banking, Insurance, SACCOs, Telcos and revolutionary Financial Technology establishments in Kenya.

“We are indebted to the partners who are on-boarding the arrangement to forthcoming Fintech Summit,” said Ms Laura Chite, CEO – CIO East Africa adding: “Kenya’s most respected forward-thinkers and leaders from the financial services industry shall converge at the event to explore the immediate next steps lined to drive industry-wide digital transformation to impact the economy in the shortest run.”

The partnership is purposed to catalyze and foster growth, innovation and collaboration reflects the journey and further projects how the financial technology or Fintech, continues to transcend borders, shake-up business models, drive the pace of innovation and create new applications for financial services customers.

“The CIO Fintech Summit 2018 is a great opportunity for us to talk about micro-lending in Kenya and to spread the word about OKash, our latest mobile app that allows you to get a loan in minutes. The event also works as an arena to expand our network and discuss about the challenges that exist in the largest cashless economy of the world,” said ‎Eddie Ndichu, Managing Director – ‎Opera Software AS.

OKash has been setting records since its launch a few months ago beating other micro-lending apps on Google Play Store with a key focus on the 20 million active loan users daily.

“OKash is not built on the need to give customers money; it is about making sure you borrow funds that you need and ability to repay the said funds,” adds Mr. Ndichu.

A key takeaway from an interview with Eddie, is his passion for the financial technology but also building a rapport with them. Stating the key difference between OKash and other microlending apps is its ability to communicate with the consumers.

The app ensures one is borrowing for the right reasons using digital transformation to achieve service delivery.

“We now need to start getting into education and literacy that these new business models are presenting to the consumers. This is a good thing because we now start focusing on quality, customer education, understanding and really answering the customer needs because it is not just simply a matter of access,” he said.

“We are in the post access era. It is now offering customers quality, making sure they understand the product, demystifying what the definition of financial services is and giving customers what they really need,” Ndichu added.


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