M-Kopa
Connected asset financing platform that provides underbanked customers in Africa to essential products including smartphones, electric motorbikes & digital financial services
Location: Kenya
Website: https://m-kopa.com/
Sector: Fintech
Funding Stage: Grant, Debt, Venture Round, Venture Round, Venture Round, Debt, Debt, Debt,
Total Funding ($m): 459.3
# of Founders: 3
Founding Year: 2010
Funding Year: 2024
| Year | Amount | Stage | Investors |
|---|---|---|---|
| 2021 | $0.3m | Grant | AFDB |
| 2021 | $3m | Debt | FMO |
| 2021 | $10m | Venture Round | British International Investment (ex CDC) |
| 2022 | $75m | Venture Round | British International Investment (ex CDC), LGT, Lightrock, Latitude Fund, HEPCO Capital Management, Generation Investment Management, Broadscale Group |
| 2023 | $55m | Venture Round | Sumitomo Corporation, Blue Haven Initiative, Lightrock, Broadscale Group, LocalGlobe |
| 2023 | $200m | Debt | Standard Bank, IFC, FMO, British International Investment (ex CDC) |
| 2023 | $65m | Debt | IFC |
| 2024 | $51m | Debt | U.S. International Development Finance Corporation (DFC) |
Grant $0.3m
AFDBDebt $3m
FMOVenture Round $10m
British International Investment (ex CDC)Venture Round $75m
British International Investment (ex CDC), LGT, Lightrock, Latitude Fund, HEPCO Capital Management, Generation Investment Management, Broadscale GroupVenture Round $55m
Sumitomo Corporation, Blue Haven Initiative, Lightrock, Broadscale Group, LocalGlobeDebt $200m
Standard Bank, IFC, FMO, British International Investment (ex CDC)Debt $65m
IFCDebt $51m
U.S. International Development Finance Corporation (DFC)News
https://www.dfc.gov/media/press-releases/us-kenya-advance-shared-priorities-surpassing-1-billion-dfc-exposure-intent