Popote is a payments application that goes beyond fulfilling the transaction by providing compelling accounting and management features.
Business Model:
Revenue: $0
Employees: 11-50
Address:
City: Nairobi
State: Nairobi Area
Zip:
Country: Kenya
Despite the availability of online and mobile payment applications from Banks, Telcos and financial technology companies (Fintechs) over 90% of payments are still made by cash &a; cheques. This is because no application currently offers sufficiently compelling features to cause a shift away from traditional payment methods.Popote is a payments application that goes beyond fulfilling the transaction by providing compelling accounting and management features. It offers team collaboration, approval controls, income &a; expense accounting, VAT return, P&a;L and more. Popote is a replacement to cash, cheques and paper/excel based accounting. Popote Payments was established in 2013 by Sam Wanjohi, with the need to explore applications that enhance the growth and use of information technology in and for Africa. It is based in Nairobi.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 2/2021 | Venture Round | 1 | - |
GreenHouse Capital GreenHouse Capital |
2/2021 | Venture Round | 1 | - |
GreenHouse Capital GreenHouse Capital |
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