Storyline
M-KOPA Hits 10 Million Customers
Timeline
- Sat, Jul 25LatestUnverified — not yet reviewed
FMO Commits $30 Million to M-KOPA Kenya Mobility for Electric Motorbike Financing
Dutch development finance institution FMO has committed $30 million in debt financing to M-KOPA Kenya Mobility, the electric motorbike financing spinout of M-KOPA, which recently surpassed 10 million customers across Africa. The facility is designed to accelerate electric two-wheeler adoption through asset-backed consumer financing.
- Fri, Jul 24Unverified — not yet reviewed
M-KOPA Hits 10 Million Customers; Secures $30M Green Debt for E-Mobility Spinout
M-KOPA has surpassed 10 million customers across five African markets and separately secured a $30 million green debt package from Dutch development finance institution FMO to back an electric mobility spinout. The FMO facility validates an EV financing model targeting African two-wheelers.
- Thu, Jul 23Unverified — not yet reviewed
M-KOPA Reaches 10 Million Customers Across Five African Markets, Adding 10,000 Daily
M-KOPA has surpassed 10 million customers across five African markets, a milestone reached roughly six years after hitting its first million and nine years after its launch. The company is adding approximately 10,000 customers per day, with Nigeria identified as its fastest-growing market, a trajectory driven largely by a pivot toward smartphone financing.