British International Investment

M-Kopa Ltd.

KenyaEast AfricaFinancial services

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.

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $18m Financial services June 2017 Exited
Investment 02 $1.99m Financial services April 2021 Exited
Investment 03 $4.93m Financial services December 2022 Active

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