Gamp launches insurtech for devices in Africa just like Asurion.

▤ Summary

Consumers (businesses and individuals) have to visit local repair shops which are inconvenient and lack transparent, authentic, and time-bound service delivery3. With Gamp, OEMs and device retailers can offer instant protection and repair support to their customers while consumers can instantly protect their devices and also request repair support services online (via their web platforms or APIs) or through their Retail Partners and Agents (offline and online).Devices are the single most valuable assets common to individuals and businesses. Gamps mission is to make it easy for Africans to maintain these devices throughout their lifecycle easily.Gamp has a very experienced founding team with rich leadership experiences in Africa. Agnes Aistleitner and Selma Ribica of First Circle Capital are amazing insurtech investors in the region and Maya Horgan Famodu has invested in some of the most successful startups in the region, they bring their massive experience in navigating the market to the team.Luke Mostert, Head of Investments at Future Africa said While many providers facilitate access to financing or low-cost electronics to meet Africas burgeoning consumer tech-adoption, there has been limited focus on how consumers can ensure the longevity of these products through device protection and, even more importantly, trusted and timely repair. The company is live in Nigeria and currently has over a hundred distribution partners, with several customers (Individuals, startups, and corporate entities) including CredPal, Carry1st, WSI, and one of the biggest Securities Exchange in the region.

▦ Linked Companies

Gatefold

$1M to $5M