Oye Kenya

Oye Kenya

Financial Services

Nairobi, Westlands 701 followers

Oye looks to provide a financial safety net to the continent's tens of millions of boda boda riders.

About us

We are a financial technology company that provide a financial safety net to the continent's tens of millions of Boda bodas (motorcycle taxis) riders by providing insurance and benefits backed by purchases riders make every day.

Website
https://oye.ke/
Industry
Financial Services
Company size
11-50 employees
Headquarters
Nairobi, Westlands
Type
Privately Held

Locations

Employees at Oye Kenya

Updates

  • View organization page for Oye Kenya , graphic

    701 followers

    Mazingira Day is a day dedicated to reflecting on how we can protect and preserve our environment. It is a great reminder of the responsibility we all share in protecting and preserving our environment. Let’s take action to safeguard our natural resources and ensure a sustainable future for generations to come. Together, we can make a difference. Happy Mazingira Day #OYEKenya #MazingiraDay #TheFutureisHere

    • No alternative text description for this image
  • View organization page for Oye Kenya , graphic

    701 followers

    View organization page for Oye Kenya , graphic

    701 followers

    Customer satisfaction is our top priority! During this Customer Service Week, we celebrate the exceptional service we provide and the importance of exceeding our customers’ expectations. Let’s take this opportunity to reflect on our achievements and reaffirm our commitment to delivering outstanding service to our esteemed customers. Happy Customer Service Week #OYEKenya #TheFutureIsHere #CustomerServiceWeek #HappyCustomers

    • No alternative text description for this image
  • Oye Kenya reposted this

    View organization page for Microinsurance Master, graphic

    3,191 followers

    🚀 Microinsurance Master is now accepting applications to join the 7th edition of our annual accelerator program. The program is open to 20 CEOs and decision-makers from organisations that want to make a difference in microinsurance. The accelerator comes in 3 phases: 🥇 #immersion On 3 March 2025, we will start with a 2-week immersion in Kenya. You will work with leaders from innovative microinsurers* to learn how to build sustainable, impact-driven insurance solutions and business models. * APA Insurance Limited, Britam, One Acre Fund Re, VisionFund Kenya, Oye Kenya ,... 🥈 #mentoring Over the subsequent three months, a seasoned leader will mentor you and your team to minimise failures and confidently accelerate your activities. 🥉 #changemakers network And you will continue to share and learn with our growing network of changemakers how to provide more and better risk alleviation solutions to low-income communities. ⁉️ Would you like to join us to boost your #microinsurance activities in 2025? 👉 Visit our website or contact us to start your enrolment. P.S. Sharing is caring: spread the word by reposting this message! ⠀

    • No alternative text description for this image
  • Oye Kenya reposted this

    View profile for Tom Muriranja, graphic

    Helping SMEs with Embedded Financing solutions | Co-Founder & M.D Presta Technologies

    How Embedded Financing Can Transform SME Financing in Africa — Lessons from E-Bikes During my frequent visits to Madaraka - Nairobi, I’ve noticed a growing trend: within every 10 to 15 minutes, an Uber e-bike shows up to swap a battery and is off again within minutes. Similarly, I recently had a delivery done by a rider on an eBee Bike – another electric bike. These small observations made me reflect on how change often happens gradually, much like when Android phones slowly overtook the once-dominant Nokia and Blackberry. Remember the ‘Ideos phone’ - back in 2011. A recent CNN report on how electric car sales have stagnated, while e-bike sales soar, got me thinking. With battery swapping technology, e-bikes are proving more viable for Africa’s delivery ecosystem. Here’s an interesting fact from my research: eBee.africa Bikes cost range from 99K to Ksh 120K, but through embedded financing, anyone can own one for about Ksh 260 per day over 24 months, with just a Ksh 10K deposit. Riders can cover up to 90 kms per day, earning Ksh 2K-3K with just 10-20 deliveries. Now consider electric motorbikes, priced between Ksh 160K-220K. With a Ksh 25K deposit and daily payments of Ksh 525, riders cover 200 kms daily, earning Ksh 3K-4K while paying just Ksh 900 for battery swaps — much cheaper than petrol. This embedded finance model could disrupt the traditional bike market and create thousands of jobs. But will it be as sustainable, considering past high default rates with initiatives like ‘Uber ChapChap’? I’m curious to hear your thoughts: Will this model create real disruption or face similar challenges? Let’s discuss! 🚲 Kevin Mutiso Daniel Njoroge Kiriungi Rita Gitobu, MCIM Ali Hussein Kassim#Fintech #SMEs #EmbeddedFinance #EBikes #AfricaRising

    • No alternative text description for this image
    • No alternative text description for this image
  • View organization page for Oye Kenya , graphic

    701 followers

    We are truly honored to have you, sir, join our CEO in delivering a claim to one of our valued boda riders. Moments like this highlight the true impact of microinsurance in action! 💪🏽 #TheFutureisHere #OYE #Microinsurance #BodaSupport

    View profile for Shipango Muteto, graphic

    Assistant Director - ZEP-RE Academy I Technical Consultant - 365 Resilience

    Witnessing the Impact of Microinsurance: A Day to Remember Today, I had the great honour and privilege of witnessing firsthand the profound impact of microinsurance on the lives of individuals. I had the opportunity to accompany Microinsurance Master Kevin Mutiso, the CEO of OYE, one of the fastest growing insurtechs in Kenya, on a remarkable journey. We visited a petrol filling station in the high-density area of Kawangware, Nairobi, where Kevin personally paid a personal accident insurance claim to a motorcycle rider who had been injured in a road traffic accident. The claim was paid via the renowned Mpesa mobile money service, ensuring a swift and efficient transaction. What made this experience truly special was the personal touch that Kevin brought to the process. Along with the claim payment, he afforded me the opportunity to hand over a branded OYE helmet to the rider, symbolizing not just financial support but also a commitment to safety and well-being. This experience reinforced a powerful lesson: never operate behind the desk. Go to where the insureds are. By taking the service directly to the insured, we can truly understand their needs and provide support in the most meaningful way. Witnessing the smile on the rider’s face as he received his claim, and helmet was a moment of pure joy and satisfaction. It reminded me of the real purpose behind our work in the Inclusive insurance industry – to make a tangible difference in people’s lives. I am incredibly grateful to Kevin Mutiso and the entire OYE team for this eye-opening experience. It has inspired me to continue striving for excellence and to always prioritize the needs of our clients. #Microinsurance #Insurtech #CustomerService #OYE #Kenya #FinancialInclusion #InsuranceIndustry

    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
  • View organization page for Oye Kenya , graphic

    701 followers

    Boda boda riders play a crucial role in powering Kenya’s e-commerce, ensuring efficient and timely deliveries that keep businesses operational and customers satisfied. #TheFutureisHere #BodaLogistics #FoodDelivery

    View profile for Moses Kemibaro, graphic

    Founder & CEO @ Dotsavvy | Blogger @ MosesKemibaro.com | Podcaster | Analyst | Trainer | Speaker

    Make no mistake, if there is one type of e-commerce that is absolutely crushing it in Kenya, it has to be food delivery services by the likes of UberEATS and Glovo. This is a typical scene around this area of Lavington in Nairobi, where Burger King, KFC, and Nairobi Java House have outlets. Couriers, also better known as 'boda boda' riders, are constantly streaming in and out of this location. This trend really took off during the COVID-19 pandemic over 4 years ago in Kenya as e-commerce for consumer goods and services exploded as a result of social distancing measures. It seems that, even after the pandemic ended, it's quite clearly stuck for the long term with Millennials and GenZers being the key catalysts of this digital-first consumer behaviour in Kenya. Indeed, the last time I checked some online reports and statistics to get a sense of size of the food delivery market in Kenya, it was projected to reach US$ 436M, or approximately Kes. 57B in 2024, and it's growing at a compounded rate of around 8% per annum. Quite simply, staggering! #Kenya #Nairobi #Ecommerce #FoodDelivery #Glovo #UberEATS

    • No alternative text description for this image

Similar pages