M-KOPA

M-KOPA CFO Faraimose (Mose) Kutadzaushe, CFA wins Anaplan Connect Africa's Transformational Leadership Award! Congratulations to Mose and our entire Finance Team! #transformationalleadership #excellenceinfinance

Congratulations to our CFO, Mr Faraimose (Mose) Kutadzaushe, CFA, on this incredible achievement! Mose took the reins at a pivotal time, just as M-KOPA began scaling quickly, and needed finance processes, reporting, and systems that could keep pace with that growth and complexity. He and his team didn't just meet that challenge, they delivered well beyond what was asked. That's a testament not only to his vision, but to the dedication of the entire finance team at M-KOPA. Well done, Mose and team, we're incredibly proud of this recognition. And thank you to Anaplan for being such a strong partner on this journey!

We’re expanding access to clean mobility in Kenya by making electric tuk-tuks affordable through pay-as-you-go financing, helping more drivers switch from petrol and reduce their everyday running costs. Since launching M-KOPA Mobility in 2023, we’ve been supporting the transition to electric transport across Kenya, with a clear opportunity to help drivers keep more of their earnings while reducing the environmental impact of their journeys. We’ve now financed more than 10,000 electric motorbikes in Kenya. Our motorcycle rider data shows average savings of KSh 530 per day, driven by lower energy and maintenance costs, alongside access to battery-swapping infrastructure. Through electric tuk-tuks, we’re bringing these benefits to more Every Day Earners and supporting affordable, convenient journeys for the communities they serve. In Mombasa, where tuk-tuks are a practical way to get around, switching to electric reduces noise pollution and fuel costs, helping drivers take home more from each day’s work. With financing for both electric motorcycles and tuk-tuks, drivers can choose the vehicle that best suits their livelihoods as we continue to support the ambitions of Kenya’s National Electric Mobility Policy. We’re grateful to the partners helping us make clean mobility more accessible and look forward to reaching more drivers and communities together.

Babajide Duroshola, our General Director of M-KOPA Nigeria, recently joined Anita Ebinehita Eboigbe, COO of Big Cabal Media, for a fireside chat at this year’s Zikoko Naira Life Conference. The conversation explored what it takes to move from earning well to building lasting wealth and how people can turn today’s income into greater financial security and long-term independence. At M-KOPA Nigeria, Babajide leads our mission to provide Everyday Earners and micro-entrepreneurs with access to smartphones, financial services and flexible credit, enabling them to reach more customers, grow their businesses and increase their earning potential. Thanks to Zikoko for hosting Babajide and creating space for an important conversation on financial progress and prosperity.

Congratulations to our General Manager of M-KOPA Mobility, Brian Njao, who has been named by Fleet Intelligence® in their AssetFin 100 Africa 2026 honourees. 🏆 Brian was recognised for his contribution in extending pay-as-you-go asset finance into Kenya's commercial electric motorcycle market at a significant scale. Under his leadership, M-KOPA became Kenya's leading electric bikes financier, with over 10,000 bikes on the road. Thanks to the hard work of the entire Mobility team, our financing model has been making the transition from petrol to electric feasible for Every Day Earners since 2023, enabling riders to improve their quality of life and save an average of US$5.62 per day. Very well deserved Brian Njao ! 🎉 Read more here: https://lnkd.in/e9XCuxnh

1 million customers. One incredible journey. Susana Abugri, our Head of Sales in Ghana, takes us back to where it started and what it took to get here. And we're only getting started. Here's to the next million for M-KOPA Ghana! #1MillionConnections

M-KOPA was built for what it calls "Every Day Earners": the traders, boda riders, tailors, and shopkeepers who generate income daily but remain invisible to conventional financial services. Where traditional banks saw only risk, M-KOPA saw an opportunity to provide an economically active population with innovative products and services designed around daily livelihoods. 9 in 10 independently surveyed M-KOPA customers say that M-KOPA products have improved their lives. “Every Day Earners are why we do this. From our very first customer to this year's ten millionth, this is proof that a model built for Africa's Every Day Earners doesn't just work; it scales and endures. It's a proud moment for our team, and we're already looking to the next 10 million," said M-KOPA CFO Faraimose (Mose) Kutadzaushe, CFA

10 years at M-KOPA 💚 Alhamdulillah for the journey. Today marks 10 years since I joined M-KOPA, and it feels like a moment worth pausing to truly appreciate. Ten years of learning, stretching, changing roles, taking on new challenges, working with incredible people, making mistakes, celebrating wins, and continuously discovering new ways to contribute. I've had the opportunity to grow through different chapters of the business — starting in Customer Care, where I supported several roles and new initiatives, moving into Training, and now into Business Operations, where I focus on process improvement, systems, operational governance, change management, and continuous improvement. In those 10 years, I've watched — and been part of — something much bigger than myself. From the early days to now serving over 10 million customers, it has been incredibly humbling to witness how far we've come and the impact we've had on millions of lives. Looking back, I'm most grateful for the people who have shaped this journey — colleagues, leaders, mentors, teams, and partners who challenged me, supported me, trusted me, and helped me become better at every stage. Ten years later, I still have so much to learn, contribute and build. Here's to the journey so far, the lessons that came with it, the people who made it meaningful, and the next chapter. 🚀 Alhamdulillah for 10 years. And excited for what comes next. 💚 #MKOPA #10Years #CareerJourney #Growth #Gratitude #CustomerCare #Training #BusinessOperations #10MillionCustomers

M-KOPA has reached 10 million customers across Kenya, Uganda, Nigeria, Ghana and South Africa. The milestone is significant. However, what really stands out is how quickly the company has reached it. M-KOPA took approximately eight years to acquire its first one million customers, reaching that milestone in 2020. It has since added another nine million customers in only six years and is now onboarding approximately 10,000 customers daily. The growth trajectory is remarkable: ✅ 1 million customers in 2020 ✅ 2 million customers in 2022 ✅ Over 7 million customers by July 2025 ✅ 10 million customers by July 2026 What M-KOPA has built is increasingly about much more than smartphone financing. Its “More Than a Phone” platform uses the smartphone as an entry point into embedded credit, insurance, device protection, affordable data and other digital financial services. The company has now: 1️⃣ Unlocked more than US$2 billion in credit 2️⃣ Built a network of over 40,000 agents 3️⃣ Produced over 3.3 million devices at its Kenya assembly facility 4️⃣ Expanded its model successfully across five different African markets 5️⃣ Recorded average annual revenue growth of 50% since 2020 For me, the bigger story is how M-KOPA has designed its model around Africa’s “Every Day Earners”—traders, boda boda riders, tailors, shopkeepers and millions of others who earn daily but are often excluded by financial systems built around monthly payslips. As M-KOPA CEO Jesse Moore puts it: “Informal has never meant unviable.” Reaching 10 million customers proves demand and scalability. The next phase will be about demonstrating sustainable customer value, responsible lending, transparent pricing, strong portfolio performance and deeper access to financial services. I have unpacked the milestone, M-KOPA’s growth trajectory and what its evolution could mean for the future of fintech and financial inclusion across Africa. Read the blog post here: https://lnkd.in/giwmKeMs #MKOPA #Fintech #FinancialInclusion #DigitalInclusion #FinancialServices #DigitalFinancialServices #Technology #Smartphones #Insurtech #EmbeddedFinance #MKOPA