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FUNDINGUpdated 19 days ago

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.

English, French, Portuguese or Arabic, machine translated, with the original kept beside it.
Key Information
Organisation
M-KOPA Holdings
Location
Kenya, Uganda, Nigeria, Ghana, South Africa
Status
Open
Application Deadline
Rolling
Type
Asset Finance
Amount
USD 50 to 1,000
Size
micro
Language
en
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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