Software firm claims Sh216m from Co-op Bank and partners

Co-operative Bank branch along Haile Selassie Avenue, Nairobi. FILE PHOTO | NMG

Software firm Itesyl Technologies has sued the Co-operative Bank of Kenya and two other firms seeking Sh 216.5 million for alleged infringement of its intellectual property.

Itesyl says it signed a service agreement with the bank in July 2019 to offer landlords a rental collection solution, enabling fund transfer, status query and instant payment notification, among others.

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