Nigerian venture fund invests in local fintech startup Popote - News Summed Up

Nigerian venture fund invests in local fintech startup Popote


Popote Founder and Chief Executive Sam Wanjohi said the capital injection will help fund the expansion of the payment platform. [Courtesy]Nigerian investment fund GreenHouse Capital has invested in Kenyan start-up Popote Innovations. The company’s product, the Popote Pay platform enables businesses to handle their outgoing payments digitally, supported by easier workflow such as budgeting, payment initiation, authorisations, record keeping and accounting. Popote Founder and Chief Executive Sam Wanjohi said the capital injection will help fund expansion of the payment platform and help reduce risks and fraud. “With Popote Pay, employees can be empowered to use company money with strict limits.


Source: Standard Digital March 01, 2021 17:26 UTC



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