<div dir="ltr"><div><h3 class="" itemprop="name" style="margin:0.75em 0px 0px;font-weight:normal;font-stretch:normal;font-size:22px;font-family:Arial,Tahoma,Helvetica,FreeSans,sans-serif">HOW M-KOPA SOLAR BECAME 2ND BUSIEST MPESA PAYBILL MOVER</h3></div><div><br></div><div><div style="font-family:Arial,Tahoma,Helvetica,FreeSans,sans-serif;font-size:13.1999998092651px;line-height:20.533332824707px">With 12,000 MPESA paybill transactions daily, Mkopa Solar is second only to KPLC in daily transaction volumes, founder Jesse Moore says.</div><div style="font-family:Arial,Tahoma,Helvetica,FreeSans,sans-serif;font-size:13.1999998092651px;line-height:20.533332824707px"><br></div><div style="font-family:Arial,Tahoma,Helvetica,FreeSans,sans-serif;font-size:13.1999998092651px;line-height:20.533332824707px">The company that sells solar units to off-grid customers for use in lighting their homes and charging their phones on instalments of Sh40 a day for 360 days currently has over 130,000 customers in Kenya, Uganda and Tanzania.</div></div><br><div><a href="http://nairobitech.blogspot.com/2015/01/how-m-kopa-solar-became-2nd-busiest.html">http://nairobitech.blogspot.com/2015/01/how-m-kopa-solar-became-2nd-busiest.html</a><br></div><img src="http://t.signauxneuf.com/e1t/o/5/f18dQhb0S7ks8dDMPbW2n0x6l2B9gXrN7sKj6v5df9RN64kxbFRYHc-N8rBqW6QFLCHW5wfQ8G1k1H6H0?si=5495672839077888&pi=2a819c71-ef7c-4258-ad6b-abec9ef778ac" width="1" height="1" style="display:none"></div><div class="gmail_extra"><br><div class="gmail_quote">On Mon, Feb 2, 2015 at 7:20 PM, Kipkemoi Kiptum via kictanet <span dir="ltr"><<a href="mailto:kictanet@lists.kictanet.or.ke" target="_blank">kictanet@lists.kictanet.or.ke</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div dir="ltr"><div class="gmail_default" style="font-family:georgia,serif;font-size:small;color:#0000ff">These guys are awesome.</div><div class="gmail_default" style="font-family:georgia,serif;font-size:small;color:#0000ff"><br></div><div class="gmail_default" style="font-family:georgia,serif;font-size:small;color:#0000ff">1. (maybe) Real profit.</div><div class="gmail_default" style="font-family:georgia,serif;font-size:small;color:#0000ff">2. Real revenue.</div><div class="gmail_default" style="font-family:georgia,serif;font-size:small;color:#0000ff">3. Reusable payment model - pay slowly for something that you need, I suspect that it can be reused for other things (If Safaricom or some other mobile network will continue giving them whatever/better commercial model they have).</div><div class="gmail_default" style="font-family:georgia,serif;font-size:small;color:#0000ff"><br></div><div class="gmail_default" style="font-family:georgia,serif;font-size:small;color:#0000ff">Now is the hard part, earning the implied trust/pressure that now comes with the over 1B they have got.</div><div class="gmail_default" style="font-family:georgia,serif;font-size:small;color:#0000ff"><br></div><div class="gmail_default" style="font-family:georgia,serif;font-size:small;color:#0000ff">All the best to them!</div><div class="gmail_extra"><br clear="all"><div><div><div dir="ltr"><div><font face="verdana, sans-serif" color="#0000ff"><b>Kip</b></font></div><div><font face="verdana, sans-serif" color="#0000ff"><i><b><br></b></i></font></div><div><font face="verdana, sans-serif" color="#0000ff"><i><b>A Cruce Salus</b></i></font></div></div></div></div>
<br><div class="gmail_quote"><div><div class="h5">On Mon, Feb 2, 2015 at 2:39 PM, cdohnio via kictanet <span dir="ltr"><<a href="mailto:kictanet@lists.kictanet.or.ke" target="_blank">kictanet@lists.kictanet.or.ke</a>></span> wrote:<br></div></div><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div><div class="h5"><div dir="ltr"><div><a href="http://techmoran.com/m-kopa-solar-closes-fourth-funding-round/" target="_blank">http://techmoran.com/m-kopa-solar-closes-fourth-funding-round/</a><br></div><div><div><div dir="ltr"><font><br></font></div><div><font>There's a lot of talk of fluff in the Kenyan startup scene but I think hearing news like this puts all that nonsense to shame. This was a 1.1 billion round they just raised after a third round where they raised almost 2 billion last year. If this doesn't speak for the startup scene I don't know what will.</font></div><div dir="ltr"><font><br></font></div><div dir="ltr"><font>All the best,</font><div><font>princelySid</font><br><table cellpadding="0" cellspacing="0" width="100%" style="font-family:verdana;font-size:11px;color:rgb(51,61,71)"><tbody><tr><td height="20" valign="middle"><b><br><font size="4">Twitter:</font></b><font size="4"> @princelySid | <b>Website: </b><a href="http://cdohnio.blogspot.com/" target="_blank">cdohnio.blogspot.com</a><br></font></td></tr></tbody></table></div></div></div></div>
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