The Kepple Africa Ventures investor Kanzaki Kepple tweeted that in the light of the alleged assault on women by founders of their Portfolio company Wapi Pay, they will relinquish all rights of their investment stake in Wapi Pay since they have zero tolerance on such conduct.
Eddie and Paul who are financial technology investors recently landed 250.8 million deal in seed capital from the Kepple Africa Ventures to expand their company Wapi Pay.
Eddie is the CEO of Wapi Pay while his brother is the cofounder.
Wapi Pay provides a payments gateway for African businesses to receive and send money from Asia via mobile money platforms and bank accounts.
Eddie had announced that the millions will help Wapi Pay diversify their products range while minimizing cost of transactions and making payments easy.
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