M-KOPA | Latest News & Updates - Nov 12, 2024 Release

M-KOPA Loans Kenya Limited is now regulated by the Central Bank of Kenya...


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M-KOPA

🌎 m-kopa.com

M-KOPA is a UK-headquartered fintech company focused on providing affordable smartphones and digital financial services to underserved individuals in emerging markets. With operations in several African countries, M-KOPA has extended over $1.5 billion in credit to more than 5 million customers through an innovative financing model that allows for daily repayments. The company leverages payments data and AI-driven analytics to build credit records for customers, facilitating access to digital loans, data subscriptions, and insurance.


M-KOPA - Latest News and Updates

  • M-KOPA Loans Kenya Limited is now regulated by the Central Bank of Kenya.
  • M-KOPA has restructured its board, changing several roles from 'Investor Director' to 'Non-Executive Director' and adding specific titles for Rajeev Suri and Katsuya Kashiki.
  • M-KOPA's Product Director Tsakane Ngoepe will speak at the Africa Tech Festival on November 12 about strategies for expanding women's digital access and financial inclusion.
  • M-KOPA has deployed over $1 billion in credit to underbanked individuals, with 42% of their customers being first-time smartphone users, highlighting their impact on financial inclusion.
  • M-KOPA's X20, assembled in Kenya, is currently considered the best in the market according to CPA Michael G. Njenga, Production Controller at M-KOPA.

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