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Nigerian venture fund invests in local fintech startup Popote

Nigerian venture fund invests in local fintech startup Popote
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Sam wanjohiPopote founderChief executive sam wanjohiGreenhouse capitalPopote payபோப்போடே நிறுவனர்கிரீன்ஹவுஸ் மூலதனம்போப்போடே செலுத்த

Nigerian venture fund invests in local fintech startup Popote

THE STANDARD BUSINESS NEWS 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. Popote provides financial technology-driven solutions. 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. GreenHouse’s investment in Popote comes at a time when the latter is seeking to address a worrying trend in both the formal and informal business sector in Africa, where over 90 per cent of expenses are still paid in cash and cheques despite the risks and delays among other problems.

Sam wanjohiPopote founderChief executive sam wanjohiGreenhouse capitalPopote payPopote innovationsபோப்போடே நிறுவனர்கிரீன்ஹவுஸ் மூலதனம்போப்போடே செலுத்தபோப்போடே புதுமைகள்