Malian Insurtech Startup OKO Raises $1.2 Million for Expansion Across Africa
By Tom Jackson
Malian insurtech startup OKO, which aims to provide smallholder farmers with financial security, has raises US$1.2 million in seed funding for expansion into more African countries.
Founded in 2017, OKO develops affordable mobile-based crop insurance products for smallholder farmers. Accessible to anyone with a phone, claim payments on OKO are automated using satellite data and images.
Photo courtesy of Jerome Bossuet/CIMMYT.