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Kepple Africa plans to pull out of Wapi Pay after the founders, Eddie Ndichu and Paul Ndichu, were caught allegedly assaulting a woman
Wapi Pay had announced it had raised $2.2 million in pre-seed funding to scale up global payments and remittances between Africa and Asia.
Wapi Pay, a Kenyan digital payments start-up, has set sights on a share of more than Sh600 billion trade between Kenya and Asian countries such as China and India.
DKODING Studio Japanese VCs are at the forefront of the startup investment scene in Africa, perhaps the only continent with majority of its potential for innovation untapped. The Japanese venture capital firm Uncovered Fund recently launched a $15 million kitty to support the African startups. Takuma Terakubo, the head of Uncovered Fund announced his new investment of $15 million to provide financial support to the startups in stages between seed and Series A. The Uncovered Fund, established in the year 2019, has invested $3.5 million between 2019 and 2020 to support several budding startups....
Finnish, Danish teams picked for the first Baltic greentech programme Five local organisations – Swedbank Latvija, Latvenergo, Rimi Baltic, Orkla Latvija, and Rigas City Council – presented business sustainability challenges for the accelerator programme, which picked 10 European GreenTech startups, including Miils and Parking Energy from Finland; and Eachthing and Plant Jammer from Denmark. “A startup whose innovative idea is its core business and therefore the centre of its attention is able to provide our customers and us with a value-added solution, allowing ourselves to set our i...