# Yelen Fintech

> Digital technology solutions for insurance companies, brokers, and financial service providers across Francophone Africa

## At a glance

| Field | Value |
| --- | --- |
| Category | Insurtech Infrastructure |
| Type | Solutions Provider |
| Region | EMEA |
| Headquarters | Ouagadougou, Burkina Faso |
| Founded | 2018 |
| Stage | Growth |
| Employees | 11-50 |
| Funding | Bootstrapped |

## Overview

Yelen Fintech is a fintech software and services company based in Ouagadougou, Burkina Faso, offering digitalization and payment solutions to insurance companies, brokers, banks, health mutuals, and decentralized financial service providers across the CIMA Zone (14 Francophone African countries). The company focuses on modernizing insurance and financial operations through integrated payment systems, custom software development, data analysis, and blockchain-based solutions.

The company delivers tools for automating insurance workflows, processing payments, and managing health mutual operations, with a particular focus on the operational needs of African insurers and intermediaries. Yelen Fintech also owns Yelen Assurance, a subsidiary recognized in 2018 as the first microinsurance company approved by CRCA (the Regional Insurance Control Commission) in the CIMA Zone, covering personal, agricultural, funeral, credit, and health products.

Yelen Fintech was recognized among the top 15 fintech startups in Burkina Faso in early 2026 and participated in the InsurTech Hub Munich Global Accelerator Program in 2025, indicating growing recognition as an emerging insurtech player in the African market.

## Products & services

### Integrated Payment Solutions

Payment processing systems designed for insurance companies and financial service providers operating in African markets, enabling transaction processing for premiums, claims disbursements, and banking services.

**Key features:**

- Insurance\-specific payment workflows
- Integration with local banking and mobile money systems
- Multi\-currency support for CIMA Zone operations

*Target users:* Insurance companies, banks, decentralized financial service providers

### Software Development & Digitalization

Custom software development and process automation services for financial institutions, with a focus on digitizing insurance operations and broker platforms.

**Key features:**

- Digital workflow automation for insurance processes
- Broker platform development and modernization
- Custom insurance administration systems

*Target users:* Insurance companies, brokers, financial institutions

### Data Analysis Services

Data analytics tools providing insights into insurance operations and financial performance, supporting underwriting and business decision-making.

**Key features:**

- Insurance operations analytics
- Financial performance reporting
- Portfolio and risk data analysis

*Target users:* Insurance companies, brokers

### Blockchain Technology Solutions

Blockchain-based implementations for financial transparency, payment settlement, and insurance transaction verification.

**Key features:**

- Smart contract implementation for insurance agreements
- Transparent payment settlement records
- Fraud\-resistant transaction logging

*Target users:* Insurance companies, financial institutions

### Mutual Health Services Management

Digital platforms for administering health mutual operations, covering enrollment, benefit management, and claims processing for health insurance cooperatives.

**Key features:**

- Health mutual enrollment management
- Benefit administration
- Digital claims processing for health mutuals

*Target users:* Health mutuals, community health organizations

### Yelen Assurance \(Microinsurance Products\)

Subsidiary offering microinsurance products for underserved populations in Francophone Africa, including personal, agricultural, funeral, credit, and hospitalization coverage.

**Key features:**

- Hospitalization and medical expense coverage
- Agricultural crop loss protection
- Funeral and life expense coverage
- Credit insurance for borrowers

*Target users:* Individuals, farmers, borrowers across the CIMA Zone

## Category & focus

- Subcategories: Payment Processing, Software Digitalization, Data Analytics, Blockchain Solutions, Microinsurance
- Insurance verticals: P&C Personal, Health, Specialty/E&S
- Target customers: Carriers, Brokers, Agents/Agencies

## Notable customers

- Ministry of Agriculture, Burkina Faso
- World Food Programme \(WFP\)
- SOFITEX \(Societe Burkinabe de Fibres Textiles\)

## Links

- Website: <https://www.yelen-fintech.com>
- Directory profile: <https://insurtechlist.com/companies/yelen-fintech/>
- Linkedin: <https://bf.linkedin.com/company/yelen-fintech>
- Yelen assurance: <https://www.yelen-assurance.com>

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*Last updated: 2026\-06\-21*