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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 […]
Africa Business Communities
The firm, which offers customers in Kenya, Nigeria, Ghana and Uganda access to financing for appliances and electronics, says it will launch in more countries and broaden its product range
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.
Fintech Company, M-KOPA has secured $75M in the Growth Equity round led by Generation Investment Management and Broadscale Group.