About Kopo Kopo
Kopo Kopo is a company based in Nairobi (Kenya) founded in 2010 by Mark Straub was acquired by Moniepoint in August 2023. It operates as a FinTech, and Commission-Based. Kopo Kopo has raised $5.57 million across 4 funding rounds from investors including Moniepoint, Accion and Gray Matters Capital. Kopo Kopo offers products and services including Lipa na M-Pesa, Business Cash Advance, Bulk Pay, and Online Portal. Kopo Kopo operates in a competitive market with competitors including Flutterwave, PayU, Network International, Moniepoint and Dlocal, among others.
- Headquarter Nairobi, Kenya
- Founders Mark Straub
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.57 M (USD)
in 4 rounds
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Latest Funding Round
$2.1 M (USD), Series A
Oct 07, 2015
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Investors
Moniepoint
& 5 more
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Employee Count
Employee Count
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Acquired by
Moniepoint
(Aug 24, 2023)
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Products & Services of Kopo Kopo
Kopo Kopo offers a comprehensive portfolio of products and services, including Lipa na M-Pesa, Business Cash Advance, Bulk Pay, and Online Portal. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Digital payment solution for secure customer transactions offered.
Quick financing provided for business growth and capital.
Multiple payments to suppliers or employees facilitated easily.
Real-time transaction visibility and business tools provided online.
Funding Insights of Kopo Kopo
Kopo Kopo has successfully raised a total of $5.57M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $2.1 million completed in October 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $2.1M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2015 | Amount | Series A - Kopo Kopo | Valuation |
investors |
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| Aug, 2013 | Amount | Series A - Kopo Kopo | Valuation | Javelin Venture Partners | |
| Nov, 2011 | Amount | Seed - Kopo Kopo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Kopo Kopo
Kopo Kopo has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Moniepoint, Accion and Gray Matters Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Seed and early-stage tech investments are made in US companies.
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Founded Year | Domain | Location | |
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Early-stage impact investments are made primarily in India.
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Founded Year | Domain | Location | |
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Impact investing platform providing financing for emerging markets.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kopo Kopo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Kopo Kopo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kopo Kopo Comparisons
Competitors of Kopo Kopo
Kopo Kopo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flutterwave, PayU, Network International, Moniepoint and Dlocal, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of payment processing solutions for businesses
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| domain | founded_year | HQ Location |
Online payment processing and credit solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Network International is recognized as a leading digital payment provider in the Middle East and Africa.
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| domain | founded_year | HQ Location |
Integrated financial services are provided for businesses and individuals.
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| domain | founded_year | HQ Location |
Global payment processing is facilitated for businesses through diverse methods.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Kopo Kopo
Frequently Asked Questions about Kopo Kopo
When was Kopo Kopo founded?
Kopo Kopo was founded in 2010.
Where is Kopo Kopo located?
Kopo Kopo is headquartered in Nairobi, Kenya.
Who is the current CEO of Kopo Kopo?
Chad Larson is the current CEO of Kopo Kopo.
Is Kopo Kopo a funded company?
Kopo Kopo is a funded company, having raised a total of $5.57M across 4 funding rounds to date. The company's 1st funding round was a Seed of $864.92K, raised on Jun 01, 2010.
What does Kopo Kopo do?
Kopo Kopo is engaged in offering digital payment solutions and business tools to small and medium enterprises in Kenya. Services are provided in the financial technology sector, focusing on seamless payment acceptance through Lipa na M-Pesa. Additionally, access to credit via Business Cash Advance and bulk payment solutions are facilitated. An online portal for transaction management is also maintained, ensuring real-time visibility and convenience for businesses. The company aims to support business growth by integrating secure and efficient financial tools into daily operations.
Who are the top competitors of Kopo Kopo?
Kopo Kopo's top competitors include PayU, Flutterwave and Network International.
What products or services does Kopo Kopo offer?
Kopo Kopo offers Lipa na M-Pesa, Business Cash Advance, Bulk Pay, and Online Portal.
Who are Kopo Kopo's investors?
Kopo Kopo has 6 investors. Key investors include Moniepoint, Accion, Gray Matters Capital, Javelin Venture Partners, and Khosla Impact.
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