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Moniepoint cleared to acquire Kenyan fintech Kopo Kopo

The competition regulator in Kenya has given Moniepoint, the Nigerian fintech that provides business payments and banking platforms, the green light to acquire Kopo Kopo, a Kenya-based company offering payments services and credit to businesses.
Following the approval by Competition Authority of Kenya (CA), Moniepoint (formerly TeamApt) will expand its services to Kenya continuing its growth plans across the continent. Moniepoint, one of Nigeria’s largest business payments and banking platforms, is said to be keen on expanding to new markets that have a mature banking or payments infrastructur

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