January 16, 2023

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Announcing the appointment of Kees van Lede as the Chief Executive Officer (CEO).

The Supervisory Board of CarePay International is pleased to announce the appointment of Kees van Lede as the Chief Executive Officer (CEO) and the appointment of Onno Schellekens as the Chairman of the Supervisory Board of CarePay International. After 3,5years of service Max Coppoolse has stepped down as Chairman of the Supervisory Board. The changes will be effective per1 January 2023.

Digitizing the healthcare journey

Inspired by the revolution of mobile technology and the problems in health the CarePay platform was launched together with telecom company Safaricom and M-PESA in 2015 under the brand name M-TIBA in Kenya. The objective of the partnership is to connect payers, providers, and patients through cloud-based technology, managing patient payments and information flows. Every journey and claim starts with the individual through his mobile phone. As all transactions and related information flows are handled in real-time in the cloud, administration costs caused by manual processing are lowered drastically. Hospitals are paid faster, better rates are unlocked, and transparency is increased. As individuals can be uniquely identified through their sim-card fraud will be significantly reduced. And by having24/7 insights through the mobile phone, the individual is in full control.

Onno: ‘I would like to thank Max for all his support, guidance and commitment for CarePay and for me personally in my role as CEO. We are on an exciting journey with great progression and I’m looking forward, together with Kees and the rest of the management team, to guide CarePay to the next level.’

Lowering costs and increasing transparency to offer more people the access to affordable healthcare

After the proof of concept in Kenya, we expanded to Nigeria in 2018. So far more than 4,7 million people and 5,000healthcare providers have been registered on the platform and preparing for expansion to other countries. In 2019CarePay raised 45 million USD in our Series A and in 2020 we were listed in the top 10 of Fortune’s 500 ‘Change the World’ index.

Kees: ‘Across Sub-Saharan Africa, only 2-5% of the people have access to private health insurance. Millions of people are falling into poverty because of unexpected high healthcare costs.The lack of trust and unaffordability stop people from seeking healthcare treatment and paying upfront. By connecting payers directly to clinics, insurers can substantially lower their costs and get the opportunity to access new and uninsured market segments. I would like to thank the members of the Supervisory Board and Onno for their confidence in me to take over the role from Onno as CEO of CarePay International.’

Kees will focus on growing CarePay’s business in Kenya, Nigeria and new countries, exploring further innovations to drive the transformation in healthcare. Both with existing clients like leading insurers, governments and non-profit organizations, as with valuable partners such as PharmAccess Foundation, Medical Credit Fund and telecom operators Safaricom and MTN.As the chairman of the Supervisory Board, Onno will remain closely involved in the longterm strategy and business development of the company. Lastly, in accordance with the changes made in management, Maarten Ras is appointed as Chief Commercial Officer and will focus on Sales, Customer Success and Operations.

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