M-KOPA Reaches 10 Million Customers Across Africa

M-KOPA Reaches 10 million Customers Across Africa, Nigeria Emerges

By Adedapo Adesanya Pan-African fintech company, M-KOPA, has reached a major milestone, serving 10 million customers across its five African markets, underscoring the rapid adoption of its financial inclusion model designed for underserved informal workers. The achievement marks a dramatic acceleration in the company’s growth trajectory. While it took M-KOPA eight years to reach its […]

M-KOPA Kenya Mobility Secures USD 30 M Debt For E-Motorbike Financing

M-KOPA Kenya Mobility, the electric motorcycle financing arm of African fintech M-KOPA, has secured a USD 30 M senior debt facility from Dutch development bank FMO to accelerate electric motorcycle adoption in Kenya. Established in 2023, the Kenya-based subsidiary finances electric motorbikes through a pay-as-you-go model, offering insurance, roadside assistance, theft tracking, and warranties. The three-tranche facility includes USD 22.5 M in d…

M-KOPA Reaches 10 Million Customers Across Africa

M-KOPA has surpassed 10 million customers across Kenya, Uganda, Nigeria, Ghana and South Africa, marking a major milestone for the pan-African fintech as demand for its smartphone financing and digital financial services continues to grow. The achievement highlighted the company’s rapid expansion since it entered the smartphone financing market in 2020. While it took M-KOPA … The post M-KOPA Reaches 10 Million Customers Across Africa appeared fi…

M-KOPA reaches 10 million customers, six years after its first million

M-KOPA, the pan-African asset-financing startup, says it now serves 10 million customers across Kenya, Uganda, Nigeria, Ghana, and South Africa, six years after crossing the one million-customer mark.  The company said on Wednesday that it now onboards about 10,000 customers daily as it scales its lending business beyond its Kenyan roots. The milestone builds on M-KOPA’s strong run over the past year. In October 2025, the company reported its fi…

M-KOPA hits 10 million customers as Nigeria emerges its fastest-growing market

Pan-African fintech M-KOPA has reached 10 million customers across Kenya, Uganda, Nigeria, Ghana and South Africa, marking a milestone that reflects how quickly smartphone financing has become one of Africa’s fastest-growing financial products. The company said it took eight years to reach its first one million customers after launching in 2012 as a solar financing business. Since expanding into smartphone financing in 2020, however, it has adde…

M-KOPA Hits 10 Million Customers, But Key Financial Details Remain Undisclosed

The pan-African fintech says growth has accelerated sixfold since entering smartphone financing, though the company still withholds some specific core metrics The post M-KOPA Hits 10 Million Customers, But Key Financial Details Remain Undisclosed appeared first on Tech Labari.