| Founded | 2019 |
|---|---|
| Closed | 2023 |
| Country | Kenya |
| Sector | Fintech |
| Collapse type | Fraud Explosion |
| Founder | Eddie Ndichu, Paul Ndichu |
WapiPay
"Africa-Asia remittance pioneer collapsed after founders' assault scandal scared off investors."
Sudden collapse triggered by fraud exposure
Key Events Timeline
WapiPay, a Nairobi-based cross-border payments startup co-founded by Eddie Ndichu and Paul Ndichu that facilitated remittances between Africa and Asia, raised $2.
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