Insurtech Startup mTek raises $3M in Debt & Equity

Kenyan insurtech startup mTek has secured US$3 million in funding from the Mauritius-based Finclusion Group to help it expand across the East Africa region. Launched in 2020, mTek is a digital platform that provides an entirely paperless ecosystem for the insurance industry, and allows customers to purchase insurance directly from the insurer, compare insurance policies and file claims through their smart devices.