M-KOPA

Bolt's electric two-wheeler fleet in Kenya has now surpassed 500 vehicles, a major leap forward for sustainable and affordable transport in the country. We’re especially proud that M-KOPA’s partnership with Bolt accounted for nearly 50% of this achievement, enabling more drivers to own and operate electric motorbikes through flexible financing. This milestone is just the beginning! With even more growth ahead, we remain committed to scaling access to clean, cost-effective mobility and driving the transition to electric transport across Africa. Read more about this milestone and what’s next: https://lnkd.in/dWkDpr9N #SustainableMobility #ElectricVehicles #MKOPA

Our CEO, Jesse Moore recently sat down with Mathematica President & CEO Paul Decker to discuss how M-KOPA is transforming financial inclusion across Africa. ?? For millions in Sub-Saharan Africa, traditional financial systems remain out of reach—barriers like collateral, payslips, or credit history limit access to essential services and economic opportunities. We are changing this trajectory. Our flexible financing model enables millions of Every Day Earners to own smartphones—serving as a gateway to the digital economy and helping them build credit histories. This, in turn, unlocks access to vital services like health insurance, digital loans, and more. As Jesse shared: “Lydia wouldn't typically have access to financial services from banks, but through her phone, she was able to acquire health insurance that can cover her and her children in case of an emergency.” This kind of impact drives everything we do. Jesse also shared how we’re leveraging data-driven insights to refine our model, ensuring financial inclusion is both scalable and sustainable. Don’t miss the full conversation - Watch it here ?? : https://lnkd.in/eCBHiRYj?

Everyone deserves access to financial services—especially the millions of hardworking individuals across the continent for whom access to formal financial services remain out of reach. We believe that solution to this is inclusive, flexible, and progressive financial models! What does this mean? ??Inclusive: With a small deposit, customers can gain instant access to a high-quality & affordable smartphone, empowering them to enhance their lives and businesses. ?? Flexible: A daily repayment model that aligns with our customers' cash flow patterns, giving them the freedom to pay on the days they can, without penalties for those they can’t. ??Progressive: With each daily payment, customers build a credit history, unlocking access to a broader range of products and services, including digital loans and health insurance. We like to sum it up as SMART Phone, SMART Money: Financing that works for Every Day Earners Check out our impact report to learn more https://lnkd.in/eSaD6_eJ

Congratulations to Team M-KOPA Nigeria on celebrating 5 amazing years! Shout out to our GM Babajide Duroshola?and the entire team, keep on flying the M-KOPA flag high. ?? ? A huge thank you to our customers, sales agents and everyone who has been part of this journey. ?? Here's to many more!!! ? ? #FinancingProgressForEverydayEarners #5YearsStrong #OurJourney

The testimonials of prosperity from our agents continue to inspire us, and we wanted to share. Meet Jabulile, a 28-year-old mother of four from Soweto, South Africa. As a stay-at-home mom with no prior work experience and limited education, she struggled to find employment. Initially drawn to M-KOPA for a smartphone, she discovered the opportunity to become an M-KOPA sales agent and quickly signed up. She prospered, earned bonuses, and became the Sales Leader in her area! Like Jabulile, 40% of our agents are starting their first job, and 43% have not completed education beyond secondary school. This inclusive approach opens doors for many young adults and first-time job seekers, contributing to efforts to reduce youth unemployment in Sub-Saharan Africa, where one in four young people—around 72 million—are not in employment, education, or training. Check out our impact report to learn more https://lnkd.in/eSaD6_eJ

Did you know that in Sub-Saharan Africa, women are still 28% less likely to own a smartphone than men, shutting them out of valuable economic opportunities? Closing this gender gap is crucial for driving inclusive financial and digital transformation across the continent. We’re excited to share that M-KOPA’s gender gap has halved over the past five years, increasing female customers from 28% in 2020 to 40% in 2024. To further this progress, we’re partnering with Yale Inclusion Economics and Caribou Digital, supported by the Bill & Melinda Gates Foundation, to connect more women with affordable financial and digital products that enhance their livelihoods. We are also piloting a solution with our partner, Learn.Ink on the use of digital learning programs to enhance women’s productive use of smartphones Check out our impact report to learn more https://lnkd.in/eSaD6_eJ

We are thrilled to welcome our first-ever batch of National Service Personnel to M-KOPA Ghana! ?? These bright and talented individuals are joining us on their journey to grow, learn, and make an impact in our dynamic and innovative environment. At M-KOPA, we believe in nurturing talent and providing opportunities for the next generation of leaders. These future professionals will be working across various departments, bringing fresh perspectives, new ideas, and boundless energy. ?? We’re excited to see how their enthusiasm and innovative thinking will contribute to our success as they take their first steps in the professional world. Together, we’re not just building careers – we’re shaping the future! ?? Please join us in giving them a warm welcome as they embark on this exciting chapter. Let's make their experience one of growth, collaboration, and endless possibilities! ?? #Welcome #NationalService #TeamGrowth #CareerDevelopment #NewTalent #FutureLeaders #FirstBatch

?? In Sub-Saharan Africa, mobile internet users engaged in income-generating activities are unlocking transformative economic benefits—showing that financial empowerment goes beyond just access to technology! This is why when our customers acquire a smartphone, we continue to support their journey of progressive financial inclusion through additional services, like digital loans. These increased incomes are creating real change, and we are inspired by them. Take Joseph, an M-KOPA customer since 2021. He has acquired two smartphones and received digital loans totalling USD $320 to support his family and business. As he puts it, “I use the phone for my Uber app, which gives me a location pin to find customers easily.” His farming operations thrive under his remote management, as he receives photos of crops and livestock from his workers, allowing him to make quick decisions and conduct transactions without time-consuming trips to the farm. Joseph’s story is one of many. 62% of our customers use their M-KOPA products to generate income, 70% are able to achieve their financial goals, 89% report an increase in income as a result, and 4 in 5 see their quality of life improved. https://lnkd.in/eSaD6_eJ #MKOPA #Impact #FinancialInclusion

?? Check-out our new Board Chair Rajeev Suri's post on reflections after his first few days at M-KOPA! M-KOPA Kenya had the pleasure of hosting Rajeev and our Senior Independent Board Director Ian McCaig in Nairobi last week - what a fantastic opportunity to welcome Rajeev to the M-KOPA family - Karibu Sana! Thanks to our CEO Jesse Moore and the rest of the leadership team for making this possible! And a special shout-out to Martin Kingori and the rest of Team M-KOPA Kenya for being such gracious hosts! It was a privilege to not only showcase who we are and our purpose-in-action but to also hear Rajeev's first impressions and vision for M-KOPA’s future. His reflections below perfectly capture his commitment to steering M-KOPA into its next phase of growth. ?? A Board Chair plays a critical role as the custodian of an organisation’s vision, ensuring its purpose aligns with strategic growth while empowering teams to deliver impactful results. Rajeev steps into this role at a pivotal time for our business, bringing his passion and wealth of experience in shaping strategies for some of the world’s leading technology companies. As we continue to scale our impact and expand our reach, his purpose-driven leadership will be key to cementing M-KOPA’s position as the leading financial services technology company for emerging markets—across Africa and beyond. ?? To our incredible team: your dedication and commitment to our purpose of financing progress for Every Day Earners remain at the heart of everything we do. Together we are taking M-KOPA to new heights, here’s to an exciting future ahead!!!” ?????? #impact #digitalinclusion #purposeled #financingprogress

?? Many of our customers are young entrepreneurs who were excluded from traditional financial services yet persevered to start a business that struggled to grow and generate a sufficient income. The glaring missing piece of the puzzle to their prosperity was access to the digital economy - a driver of business growth, increased income opportunities, community connections, and access to education and healthcare. Here is another real-life story behind our impact numbers. Nicolas: With his first M-KOPA smartphone, he immediately experienced the power of digital access and went on to buy more for his family. Returning for a third device, it was suggested that he consider becoming an agent himself. He did, and his hard work paid off—he soon earned a promotion to Sales Leader in his area. We’re proud to play a part in helping people like him connect, grow, and thrive in the digital economy. To date, we have enabled smartphone ownership for 4 million customers, with 1.7 million people accessing the internet for the first time. Like Nicholas, 91% of our users reported that M-KOPA improved their ability to afford a smartphone. Check out our impact report to learn more about how we’re keeping more people connected: https://lnkd.in/eSaD6_eJ