OKO uses satellite and mobile technology to bring affordable and simple crop insurance to smallholder farmers. OKO creates index partnerships with weather data suppliers and uses them to create parametric insurance products underwritten by a locally licensed insurance company. Farmers can also benefit from OKOs weather alerts, farming tips, and access to affordable microcredit. OKO bundles services including a weather-based index insurance product, tools for distribution and customer education, and an automated policy management platform. OKO won the Orange Social Venture Prize in 2019 and the ITU SME Competition in 2020 and has been listed as one of the Inclusive Fintech 50 by MetLife Foundation and Visa.