Kopo Kopo
Latest round
- Series A
Last raised
- Nov 2013
Total raised
- $2.7M
Investors
- 4
About Kopo Kopo
Founded in 2010 and headquartered in Nairobi, Kenya, Kopo Kopo Inc. focuses on facilitating digital payment acceptance for businesses.Kopo Kopo offers a suite of financial tools designed primarily for businesses seeking to facilitate digital payment acceptance and access to credit. The core product is the Lipa Na Mpesa till number, which allows businesses to accept cashless payments directly from customers, enhancing the transaction experience with convenience and security. Additional services include the Kopo Kopo Online Portal, which provides real-time visibility of transactions, customer payments, and detailed reporting, thereby streamlining operational oversight for business owners. The Business Cash Advance feature allows businesses to access credit for working capital or expansion, while the Bulk Pay solution simplifies the process of making multiple payments directly from a Kopo Kopo account.Kopo Kopo generates revenue through transaction fees associated with the acceptance of digital payments as well as service fees for financial products such as Business Cash Advances and Bulk Pay solutions. Clients, typically small and medium-sized businesses, engage with Kopo Kopo by registering for a Lipa Na Mpesa till, which incurs transaction fees each time a payment is processed. The platform also utilizes a subscription model for businesses that require enhanced functionalities through the Online Portal. Revenue is derived from transaction activities facilitated by these offerings, which are structured around B2B and direct-to-consumer interactions.Kopo Kopo is strategically planning to expand its product offerings and geographic footprint. Upcoming new products focused on enhancing digital transaction capabilities are currently in development, with specific release timelines to be announced in the near future. Kopo Kopo was recently acquired by Bamboo Capital Partners, which reflects a commitment to scaling operations and innovation.
Who invested in Kopo Kopo
4 investors across 2 rounds
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Questions about Kopo Kopo
Who invested in Kopo Kopo?
Kopo Kopo has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Kopo Kopo raised?
Kopo Kopo has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Kopo Kopo last raise money?
Kopo Kopo's most recent round on record is a Series A, in Nov 2013.
What does Kopo Kopo do?
Founded in 2010 and headquartered in Nairobi, Kenya, Kopo Kopo Inc.
Where is Kopo Kopo headquartered?
Kopo Kopo is headquartered in Nairobi, Kenya.
Which VCs invest in companies like Kopo Kopo?
Among active investors with capital left to deploy, Al Mada Innovation, DisrupTech Ventures, AXIAN Investment and Chui Ventures back financial services companies at Kopo Kopo's stage. Their profiles are linked below.
VCs backing financial services startups at Series A
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