M KOPA
M-KOPA is a UK-based fintech company founded in 2010, focusing on affordable digital financial services and connected asset financing for underserved customers in sub-Saharan Africa. Since its commercial launch in 2012, M-KOPA has served over 5 million customers across Kenya, Uganda, Nigeria, Ghana, and South Africa, primarily targeting individuals with daily incomes who lack access to traditional financial services. The company operates a pay-as-you-go financing platform that allows customers to acquire essential products through manageable daily micropayments. M-KOPA offers a range of products, including solar lighting systems, affordable smartphones, home appliances, and tailored financial services. By utilizing IoT technology and digital micropayments, M-KOPA ensures efficient credit management and empowers low-income households to improve their quality of life and economic prospects. With over $1.5 billion in credit deployed, M-KOPA continues to drive financial inclusion and economic empowerment in emerging markets.
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Headcount trend
M KOPA went from 1,122 employees in Jul 2023 to 1,315 in Jun 2025. Jan to Jun 2025: 56 people joined, 22 left.
Headcount data through Jun 2025
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- May 2024 · Debt Financing · $51M · International Development Finance Corporation
- May 2023 · Debt Financing · $200M · Standard Bank Group, The International Finance Corporation, FMO
- May 2023 · $55M · Standard Bank Group, The International Finance Corporation, FMO
- Feb 2022 · $75M · Generation Investment Management, Broadscale Group, CDC Group
- Mar 2021 · $300K · Africa Digital Financial Inclusion Facility
- Oct 2017 · Debt Financing · $80M · FMO, Norfund, CDC Group
- Sep 2017 · Venture · $6.3M
- May 2016 · Debt Financing · $4M
- Dec 2015 · Venture · $19M · Revolution, Virgin Group, Generation Investment Management
- Feb 2015 · Series D · $12.5M · LocalGlobe, Lundin Foundation, Blue Haven Initiative
- Feb 2014 · $10M · Bill & Melinda Gates Foundation, Department for International Development, Shell Foundation
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M KOPA FAQ
How many employees does M KOPA have?
M KOPA has about 1,315 employees, up 1.3% over the 3 months to Jun 2025.
What is M KOPA's revenue per employee?
M KOPA makes about $304K in revenue per employee, based on $400M annual revenue and 1,315 employees.
How much funding has M KOPA raised?
M KOPA has raised $513.1M in total funding; its latest round was Debt Financing in May 2024.
Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.