Tech Company Financing Transactions
M-Kopa Funding Round
M-Kopa, based in Nairobi, received $255 million in funding from Standard Bank, Blue Haven Initiative and British International Investment.
Transaction Overview
Company Name
Announced On
5/15/2023
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$255,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand the offering of financial services offered to underbanked consumers across Sub-Saharan Africa.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Chania Ave. Off Ring Rd. Kilimani
Nairobi, Undisclosed
Kenya
Nairobi, Undisclosed
Kenya
Phone
Website
Email Address
Overview
M-KOPA is a connected asset financing platform that offers millions of underbanked customers access to life-enhancing products and services. We believe that everyone should have the power to achieve progress in their life, and access to financing unlocks this power.
Management Team
Browse more venture capital transactions:
Prev: 5/15/2023: Smart Pension venture capital transaction
Next: 5/15/2023: ChomiX Biotech venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs