The name Kopo Kopo was derived from kobboh kobboh, the Krio word for money.
They owe their name to a pilot project done in Sierra Leone by their founders. From their learnings in Sierra Leone and Kenya in early 2011, they were inspired to create a world-class platform to enable small and medium businesses to accept mobile payments and build relationships with their customers.
Kopo Kopo was launched in 2012 where they partnered with Safaricom to bring Lipa na M-Pesa Buy Goods service to small and medium businesses throughout Kenya and, today, they serve thousands of businesses from salons to restaurants to office supply stores, to schools.
They have since partnered with other aggregator and mobile money partners with the ultimate goal of helping businesses leverage mobile payments. They are grateful for their unusual journey and look forward to helping their merchants in growing and prosper in the years ahead.
At Kopo Kopo, they offer market-appropriate solutions to enable and incentivize businesses to go digital. They partner with financial institutions, mobile operators and major retailers who are interested in marketing new payment services to small and medium enterprises. Kopo Kopo is dedicated to re-focusing the market on SMEs.
They operate in multiple emerging markets where their partners are growing their networks using their solutions.
In East Africa, for example, they have partnered with Kenya’s Safaricom to drive merchant acceptance via the “Lipa na M-Pesa” service.
Kopo Kopo has designed a robust payment platform that has various functionalities and value additions which have been segmented into products with the aim of positioning them in various market verticals.See more