Recently I’ve seen a number of articles saying the same thing we’ve been experiencing at Kopo Kopo in the past couple of years. Mobile payment acceptance alone is not enough. By that, I mean that most merchants that we work with in East Africa have adopted digitized payments somewhat reluctantly, and only when they saw
Kopo Kopo has announced that they have now processed over 1 million transactions. A statement on their blog said, “We’re thrilled to announce a big milestone for Team Kopo Kopo. A few weeks ago, we processed our 1,000,000th payment via Lipa na M-PESA. Our first live Lipa na M-PESA payment was for six bottles of
Kopo Kopo, a leading provider of business management software with over 10,000 clients in Kenya, has announced its new merchant cash advance service called “Grow.” Unlike a traditional bank loan, Grow is designed to help businesses grow and prosper by accommodating their cash flow cycles. Grow cash advances are disbursed in minutes, require no personal
GSMA Intelligence recently released a case study of Kopo Kopo in Kenya where they set out to provide tools to small and medium businesses to enable them to accept mobile money payments and to take advantage of related value added services that would allow them to grow. Kenya is home to the most advanced mobile
3G Direct Pay Limited, a leading online payments service provider, has announced a strategic business partnership with Kopo Kopo, a merchant services platform for mobile network operators in emerging markets. Eran Feinstein, Managing Director, 3G Direct Pay Limited signed the partnership agreement which he said would bring innovative payment options for the regional travel industry.
Kopo Kopo, a merchant services platform serving thousands of businesses in East Africa, announced that it raised $2.6 million in Series A financing. Javelin Venture Partners led the round with Vinod Khosla’s Impact Fund, an existing investor. Accion Venture Lab also participated. Noah Doyle of Javelin Venture Partners will join Kopo Kopo’s board of directors.
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