M-Kopa
M-KOPA is a fintech platform providing underbanked consumers in Africa with credit for smartphones, electric mobility, and digital financial services.
- Founded
- 2011
- Headquarters
- London, United Kingdom
- Employees
- Over 3,000 staff members
- Sector
- Fintech
About M-Kopa
M-KOPA is a fintech company that provides affordable financing for essential technology, including smartphones and electric motorbikes. The platform uses a daily repayment model designed to match the cash flow of individuals without formal salaries or collateral. By combining hardware, software, and distribution, the company helps underserved earners access the digital economy.
The company leverages proprietary AI-driven analytics and payment data to help customers build credit histories. This record enables users to access additional financial products such as digital loans, insurance, and data bundles. M-KOPA operates a large-scale network including a regional smartphone assembly factory and a direct sales force of tens of thousands of agents.
What they do
The company provides credit-based financing for smartphones and e-motorbikes through a micropayment model. It also offers digital financial services like loans, insurance, and device protection based on customer repayment history.
Highlights
- Extended over $2 billion in total credit to more than 7 million customers.
- Operates a proprietary technology stack processing over 2 million payments daily.
- Maintains a direct sales force of over 30,000 agents across its African markets.
- Operates a local smartphone assembly factory that has produced over 1 million devices.
- Recognized by Time Magazine as one of the 100 Most Influential Companies globally.
- Named by the Financial Times as one of Africa’s fastest-growing companies for four consecutive years.
Talent and hiring
The company employs a large workforce in Kenya, Nigeria, Uganda, Ghana, and South Africa, including roles in product growth, customer care, and market development.
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