Investments made by BII in this company:
| Investment name | Commitment | Region | Sector | Start date | Status |
|---|---|---|---|---|---|
| Investment 01 | $11.65m | East Africa | Financial services | September 2016 | Exited |
| Investment 02 | $7m | East Africa | Financial services | November 2017 | Exited |
M-Kopa LLC
M-Kopa is Africa’s leading connected asset financing provider, selling a diversified range of devices including smartphones, digital financial services such as cash loans and solar home systems in Kenya, Uganda, Nigeria and Ghana. Its products are sold through a “pay-as-you go” (“PAYG”) model, requiring clients to pay an initial deposit followed by daily instalments via mobile money. As of today, the company has over 1 million active customers.