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
