M-KOPA | Latest News & Updates - Nov 12, 2024 Release
M-KOPA Loans Kenya Limited is now regulated by the Central Bank of Kenya...
Brought to you by RivalSense - an AI tool for monitoring any company.
RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡
M-KOPA
🌎 m-kopa.comM-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.
Sign up to receive regular updates
If you liked the insights, consider following your own companies of interest. Receive weekly insights directly to your inbox using RivalSense.