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M-KOPA

Founded in 2011, M-KOPA is a fintech platform that provides digital financial services to underbanked consumers by leveraging data to combine digital micropayments with the Internet of Things [IoT] technology. With operations in Kenya, Uganda, Nigeria and Ghana, M-KOPA’s platform has provided over $1 billion in credit and enabled 3 million customers to access smartphones, electric motorcycles, solar power systems, digital loans and health insurance. The company directly employs nearly 2,000 people across Africa and has created over 10,000 roles for sales agents since the start of 2020.

Created with Highcharts 11.4.6Highcharts.com

Total Fundraised$607.4M

Debt Financing
Late Stage
Series C
Grant
Series B
Others
Calendar Image2011
Established
HeadquarterGradient ImageNairobi, Kenya
Headquarter
OperationalGradient Image
KEN
Operational Market
SectorGradient Image
Fintech
Finance
Financing Platform
Financial Services
Primary Sector
EmployeeGradient Image1,001 - 5,000
Employees
PinGradient ImageDebt Financing
Current Stage
GlobeGradient Imagehttp://www.m-kopa.com/
Website

M-KOPA's Stages

Round Image

PE Round

Round Image

Series B

Round Image

Series A

Round Image

Grant

Round Image

Debt Financing

Round Image

Late Stage

Round Image

Series C

Round Image

Others

Round Image

Unknown Series Round

Funding Types by Funds Raised (in USD)

Created with Highcharts 11.4.6Funding TypeTotal Amount----5.2M5.2M19M19M31.1M31.1M--10.3M10.3M378M378M163.8M163.8MRound Raised in USDUnknown Series RoundSeries ASeries BSeries CSeries DPE RoundGrantDebt FinancingOthers025M50M75M100M125M150M175M200M225M250M275M300M325M350M375M400M40…Highcharts.com

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Cumulative Funding Raised Over Time

Created with Highcharts 11.4.6Total Amount in USDFunding Rounds Over TimeTotal Raised in USDQ1 2012Q3 2012Q4 2012Q1 2014Q1 2015Q3 2015Q2 2016Q3 2016Q4 2017Q1 2018Q4 2018Q1 2021Q2 2021Q4 2021Q1 2022Q2 2023Q3 2023Q2 20240200M400M600M800MHighcharts.com

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M-KOPA's Investors by Funding Rounds

Funding Round

Announced Date

Disclosed Investors

Round Amount (USD)

Funding Type Image
PE Round
01 Jan 2012

DOB Equity

-

1 Investors

Funding Type Image
Series B
01 Sep 2012

AHL Venture Partners

5.2M

1 Investors

Funding Type Image
Series A
01 Oct 2012

Undisclosed

-

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M-KOPA's
Key Team Members

Jesse Moore
Owen Scott
Adenike Adebayo
Betsy R.