BitPesa raises $5m from Sompo Holdings to revolutionize cross-border payments

BitPesa raises $5m from Sompo Holdings to revolutionize cross-border payments

On

Kenya’s BitPesa has raised $5m from Japanese insurance group Sompo Holdings in a move expected to revolutionize cross-border payments and insurance services globally. Sompo will use Bitpesa’s technology to extend its presence in the international remittance service market and use it for its insurance services. The…