Orange and Yabx Netherlands, a fintech venture offering credit products across multiple countries in Africa, have announced their collaboration with Cofina Cote dIvoire with an aim to facilitate smartphone financing for Orange customers
The announcement was made during the MWC Barcelona.
This partnership will make a significant difference in promoting digital lifestyle and expanding financial inclusion across Côte d'Ivoire.
Raoul Yobouet, chief marketing officer of Orange Côte d’Ivoire, said, “To experience high quality of digital services and user experience, it is imperative for customers to buy 4G smartphone. High one-time expenditure becomes key challenge to increase user adoption.”
Puneet Chopra, chief growth officer, Yabx, added, “Our collaboration with Orange Côte d'Ivoire is a part of the company's long-term strategy to enable digital lending services in Africa. Our partnership would facilitate the vision of affordable and convenient handset financing.”
Elhadj Kane, legal director and company secretary at Cofina, said, “This partnership helps us further advance on our vision to be the pan-African model for inclusive finance and use of technology to do responsible lending.”
Yabx is showcasing its fintech solutions at MWC Barcelona emphasising on its collaborative lending model where they partner with mobile network providers and financial institutes to create innovative and disruptive propositions bringing substantial new value pools for all stakeholders.
