How much funding has Kopo Kopo raised?

Kopo Kopo has raised $3.9M in total funding, most recently a Series A round.

Who are Kopo Kopo's investors?

Kopo Kopo's investors include Moniepoint Inc, Accion.

Where is Kopo Kopo headquartered?

Kopo Kopo is headquartered in Nairobi, Kenya.

How many employees does Kopo Kopo have?

Kopo Kopo has 51-200 employees.

Kopo Kopo

Acquired

Mobile money acceptance, credit, and business tools for merchants in emerging markets

Nairobi, Kenya · Founded 2011 · $3.9M raised

Fintech

Headquarters: Nairobi
Employees: 51–200
Founded: 2011
Business Model: B2B
Website: kopokopo.com

Total Funding: $3.9M
Last Round: $3.0M Series ANov 2013
Rounds: 3
Acquired by: MoniePointAug 2023

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

Kopo Kopo is a Fintech company based in Nairobi, Kenya, founded in 2011. 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.

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