Kopo Kopo
AcquiredKopo Kopo is a fintech company in Nairobi, Kenya, founded in 2011. It has raised $3.9M across 3 rounds, most recently a $3.0M Series A in November 2013.
Mobile money acceptance, credit, and business tools for merchants in emerging markets
- Headquarters
- Nairobi
- Employees
- 51–200
- Founded
- 2011
- Business Model
- B2B
- Website
- kopokopo.co.ke
- Total Funding
- $3.9M
- Last Round
- $3.0M Series ANov 2013
- Rounds
- 3
- Acquired by
- MoniePointAug 2023
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 3 funding rounds and 2 investors for this company. The full record is or through the API.
About
Kopo Kopo, Inc. is a Nairobi-based fintech company that powers the largest independent merchant network in the mobile money industry across emerging markets. Founded in 2011, the company enables small and medium businesses to accept mobile payments via services such as M-Pesa, Airtel Money, and Tigo Pesa through Safaricom's Lipa Na M-Pesa till-number platform. Beyond payment acceptance, Kopo Kopo offers a Business Cash Advance (working-capital credit product), bulk-pay outbound payment tools, real-time transaction reporting via an online portal, and a mobile app for on-the-go management. The company was incorporated in the United States in 2010 and opened its Kenyan branch in 2011; it is now licensed by the Central Bank of Kenya as a Digital Credit Provider. In 2023 Nigerian fintech Moniepoint received regulatory clearance to acquire the company, with integration ongoing. Kopo Kopo has approximately 50–100 employees.
Summary
It lists 51–200 employees. It has raised $3.9M in total across 3 rounds, most recently a $3.0M Series A round in Nov 2013. Investors include Moniepoint Inc and Accion.
Tech & App Stack
5 technologies & apps tracked
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Funding & Exit History
Aug 2023
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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