Money remittance start-up Bonto Kenya closed operations less than three years after its launch, just eight months after securing a licence from the Central Bank of Kenya (CBK).Founded in December 2022 by Cambridge and Harvard graduate Yoann Copreaux, the fintech exited the market, citing unsustainable foreign exchange margins. “Breakeven scale became unrealistic, remittance fees were … Continue reading Fintech start-up Bonto closes three years after launch