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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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Manage episode 476103620 series 3652431
Content provided by Eva Lindsay and Richard O’Donohue. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Eva Lindsay and Richard O’Donohue or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

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.

  continue reading

5 episodes

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iconShare
 
Manage episode 476103620 series 3652431
Content provided by Eva Lindsay and Richard O’Donohue. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Eva Lindsay and Richard O’Donohue or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

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.

  continue reading

5 episodes

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