M-Kopa
Founded Year
2011Stage
Loan | AliveTotal Raised
$649.05MLast Raised
$51M | 10 mos agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-13 points in the past 30 days
About M-Kopa
M-Kopa delivers a connected asset financing platform. It enables underbanked customers to access a range of products and services without collateral or a guarantor. The company allows its users to finance smartphones, home upgrade products, solar solutions, digital financial services, cash loans, and health insurance. It was founded in 2011 and is based in Nairobi, Kenya.
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Research containing M-Kopa
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned M-Kopa in 1 CB Insights research brief, most recently on Jan 18, 2024.
Jan 18, 2024 report
State of Fintech 2023 ReportExpert Collections containing M-Kopa
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
M-Kopa is included in 2 Expert Collections, including Fintech.
Fintech
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Digital Lending
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Latest M-Kopa News
Mar 25, 2025
Capital Business By With over 8 million Kenyans, or about 16 percent of the population, actively borrowing each month, this translates to Sh15 billion borrowed monthly, as per the latest Digital Financial Services Association of Kenya (DFSAK) report. “The digital lending industry has become crucial for growth—attracting foreign investment, creating jobs, taking risks, and lifting millions out of poverty,” said Kevin Mutiso, DFSAK Chairman. “We remain committed to empowering and protecting this vital sector for the benefit of all Kenyans.” The report also highlights how digital lenders are boosting financial inclusion, financing an average of 100,000 smartphones monthly, increasing internet access, and digital participation. DFSAK welcomed the Business Laws (Amendment) Act 2024, which took effect in January, placing digital credit providers under Central Bank of Kenya regulation, which has brought much-needed clarity to the industry while strengthening consumer protection. The association has already slashed consumer complaints from 4,000 a month to just a handful through the adoption of a stricter code of conduct. It is also working closely with the Office of the Data Protection Commissioner to establish further safeguards. DFSAK moving forward will focus on tax reforms, particularly around bad debt allowances, to enhance industry sustainability. It has announced the addition of 4-G Capital and M-Kopa to its board, expanding its membership to seven. Other board representatives include Aspira, Kuwazo, Oye Platform Solutions, Tala, and Zenka. Advertisement. Scroll to continue reading. Kenya remains at the forefront of Africa’s digital lending revolution, driven by high mobile penetration and a growing demand for accessible financial solutions.
M-Kopa Frequently Asked Questions (FAQ)
When was M-Kopa founded?
M-Kopa was founded in 2011.
Where is M-Kopa's headquarters?
M-Kopa's headquarters is located at 21/7 Riverside Paddocks, Off Riverside Drive, Nairobi.
What is M-Kopa's latest funding round?
M-Kopa's latest funding round is Loan.
How much did M-Kopa raise?
M-Kopa raised a total of $649.05M.
Who are the investors of M-Kopa?
Investors of M-Kopa include U.S. International Development Finance Corporation, International Finance Corporation, British International Investment, Broadscale Group, Lightrock and 27 more.
Who are M-Kopa's competitors?
Competitors of M-Kopa include Messenger and 1 more.
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Compare M-Kopa to Competitors
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