Bengayi Kumbula from InnoVent: Breaking new ground and expanding asset finance into Africa and the Middle East
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Bengayi Kumbula from InnoVent: Breaking new ground and expanding asset finance into Africa and the Middle East
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The conversation explores the opportunities and challenges of expanding asset finance into these less familiar regions. Kumbula shares the story behind InnoVent’s founding in 2003, driven by a desire to bring transparency and customer value to operating leases. He discusses the company’s growth, including its innovative approach to asset lifecycle management and its remarketing business, Qrent, which has expanded to the UK under the brand "Second Life."
Kumbula also details InnoVent’s recent expansion into the Middle East, highlighting regulatory hurdles, cultural differences, and strong market demand for full-service operating lease solutions. With partnerships in place with HP, Lenovo, and Cisco, InnoVent is positioning itself as a trusted partner for companies looking to enter both African and GCC markets.