HomeBankingM-Kopa: Secures $75 million growth equity round

M-Kopa: Secures $75 million growth equity round

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M-Kopa: Secures $75 million growth equity round

  • M-KOPA is the pioneer and global leader of Connected Asset Financing that offers millions of underbanked customers
  • Digital financial services to underbanked consumers across four markets in Africa announced its $75M Growth Equity round
  • The round was led by Generation Investment Management and Broadscale Group
  • With the funding plans to expand into additional countries, adding to its hubs in Kenya, Uganda, Nigeria
  • The company will also continue expanding its flexible daily and weekly payments model to go beyond asset financing
  • With this funding will expand to more markets across Africa and scale to over 10 million customers in the next few years
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