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Exclusive: With three years of runway left, Kippa explains why it exited agency banking

Exclusive: With three years of runway left, Kippa explains why it exited agency banking

When Kippa announced an $8.4m raise in September 2022, the argument for KippaPay, its agency banking business, was clear: 500k merchants who used Kippa for bookkeeping and inventory management could make extra money. The theory was that these merchants would easily double as agents, meaning Kippa would get into the segment with already guaranteed agents….

The post Exclusive: With three years of runway left, Kippa explains why it exited agency banking appeared first on Content Krush.

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