M-KOPA
M-KOPA: USD 1.5bn credit unlocked, 5M+ customers in KE/UG/NG/GH/ZA. Pay-as-you-go solar, smartphones, e-bikes, cash loans, health insurance. First profit 2024 (USD 9.2M on USD 416M revenue). IFC USD 50M+15M sustainability-linked.
Apply Now
Opens on the funder site
Description
M-KOPA is one of Africas largest asset financing platforms, having unlocked over USD 1.5 billion in credit for more than 5 million customers across Kenya, Uganda, Nigeria, Ghana, and South Africa. The companys pay-as-you-go model combines solar home systems, smartphones, e-bikes, cash loans, and health insurance into integrated asset-financing offers. M-KOPA achieved its first profit in 2024 (USD 9.2 million on USD 416 million revenue). The company has raised over USD 250 million in debt and equity since 2023, including a USD 50 million IFC facility plus an additional USD 15 million sustainability-linked loan.
Focus Sectors
Solar, Smartphones, Asset Finance, Health Insurance
Source: M-KOPA
Ghana
Rwanda
Tunisia
South Africa
Egypt
Nigeria