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Artigo

21 Out 2021

Author:
Hillary Kimuyu, Business Daily (Kenya)

Kenya: Kepple Africa Ventures to relinquish investment stake in Wapi Pay fintech after founders publicly assaulted two women; Wapi Pay comments

"Japanese investor backs away from Ndichu twins after assault claims"

Kenyan techies Eddie Ndichu and his twin brother Paul Ndichu are in the eye of a storm after Japanese venture capital firm Kepple Africa Ventures backed away following an altercation with a woman at a city hotel over the weekend. The firm announced Tuesday that it was cutting ties with Wapi Pay following a video that emerged online in which the brother appeared to be assaulting a woman at Ole Sereni Hotel. “We will relinquish all the rights of our investment stake in Wapi Pay,” General Partner Satoshi Shinad said in a tweet.

The brothers are accused of assaulting a woman and vandalising the side mirror of a vehicle during the drama. The twin however denied the assault claims in a statement released Tuesday.