Kenya’s MPost reaches 40,000 users, raises $100,000 to fuel growth

Kenya’s MPost, an application that converts your phone to a mobile post office has raised $100,000 from Leapfrog Ventures founder and CEO Takuma Terakubo to enable mobile phone users to convert their mobile phones into virtual post offices and receive their mails on the go.

This round of funding comes just three months after MPost announced to have raised an undisclosed amount of funding from South African venture capital firm HAVAÍC. The firm also announced it was targeting a minimum of US$2 million for its Series A round which is coming up.