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M-KOPA Secures US$75 Million Growth Equity Round; Hits 2M Customer Milestone

M-KOPA, the fintech platform that provides connected financing and digital financial services to underbanked consumers across four markets in Africa, today announced its $75M Growth Equity round. The round was led by Generation Investment Management and Broadscale Group, with participation from new investors including LocalGlobe's Latitude Fund and HEPCO Capital…
Andrew Shapiro Jesse Moore Mayur Patel Dave Easton Localglobe Latitude Fund Broadscale Group

MKOPA secures $75 Million in its Growth Equity funding round

M-KOPA Solar has raised $75 million in its Growth Equity round. Investors who took part in the funding round include Generation Investment Management, Broadscale Group, LocalGlobe’s Latitude Fund, HEPCO Capital Management, CDC Group, and LGT Lightrock. The funding now brings the company’s total equity funding to $190 million.
Localglobe Latitude Fund Broadscale Group Generation Investment Management Growth Equity Latitude Fund

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M-KOPA raises $75M as it clocks 2 million customers across four African markets – TechCrunch

A 2019 World Bank report says 85% of Africans live on less than $5.50 per day. A large percentage of these adults are unbanked and underbanked; thus, they don’t have access to credit and can’t afford important purchases outright. M-KOPA’s financing platform has proved helpful to this set of users since launching as an energy […]
Nairobi Area Jesse Moore Mayur Patel Localglobe Latitude Fund Broadscale Group World Bank

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