👨🏿‍🚀TC Daily — Moniepoint’s second time lucky in Kenya? Moniepoint took it seriously when Winston Churchill said, “Never, never, never give up.” After its first dabble with KopoKopo didn’t quite go as planned, Nigerian fintech Moniepoint is trying Kenya again with Sumac Microfinance Bank. The Competition Authority of Kenya (CAK) has approved Moniepoint’s bid to acquire a 78% stake in Sumac. This nod of approval can potentially give Moniepoint a shortcut into one of Kenya’s most competitive mobile payments markets valued at $67.3 billion (KES 8.7 trillion). Sign up and read TC Daily 👉 https://techcabal.com/2025/06/04/techcabal-daily-dLocal-to-acquire-aza-finance/?utm_source=Whatsapp&utm_medium=Organic+&utm_id=TechCabal+whatsapp