These guys are awesome.

1. (maybe) Real profit.
2. Real revenue.
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).

Now is the hard part, earning the implied trust/pressure that now comes with the over 1B they have got.

All the best to them!

Kip

A Cruce Salus

On Mon, Feb 2, 2015 at 2:39 PM, cdohnio via kictanet <kictanet@lists.kictanet.or.ke> wrote:

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.

All the best,
princelySid

Twitter:
 @princelySid | Website: cdohnio.blogspot.com

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