Standard Bank Group has arranged sustainability-linked, multi-currency facilities to support M-KOPA’s growth in Kenya and Uganda Regarded as a pioneering and leading fintech platform, M-KOPA’s solutions provide underbanked customers with instant access to everyday products and services via its flexible credit model. M-KOPA’s customers are able to acquire a broad range of productive assets such as high-quality smartphones, solar powered systems, electric motorbikes as well as digital financial services, which include cash loans and health insurance, all accessed through digital micropayments, in East and West Africa, thereby stimulating financial access and inclusion. Since its inception in 2011, M-KOPA has provided…
Standard Bank Group moves to support M-KOPA’s growth in Uganda and Kenya with US$202 million funding

M-KOPA provides digital credit to underbanked consumers by combining digital payments with Internet of Things technology. FILE PHOTO



