M-KOPA Continues to Shine as One of Africa's Fastest Growing Companies

M-KOPA, the pan African fintech company, has been named among the Financial Times' "Africa's Fastest Growing Companies" for the fourth consecutive year. The company is one of only nine to achieve this four-year streak, driven by a remarkable compound annual growth rate of 42% from 2020 to 2023. In 2024, M-KOPA surpassed expectations with a 65% year-over-year revenue growth.

With a focus on the unbanked population, M-KOPA continues to expand across Africa, offering financed smartphones and mobile financial services. The opening of East Africa's largest smartphone assembly plant and the introduction of its own smartphone brand in Kenya underscore its growing footprint. The company is now acquiring more customers outside of Kenya, with growth in Nigeria, Ghana, Uganda, and South Africa.