Pay-as-you-go smartphones and financing for Africa's everyday earners
M-KOPA is an African fintech platform that sells smartphones, digital loans, health cover, device protection, data bundles and electric motorbikes on a pay-as-you-go basis to everyday earners without formal salaries or collateral. It says it serves over 10 million customers across Kenya, Uganda, Nigeria, Ghana and South Africa, processes over a million payments a day, runs a sales force of over 30,000 agents and operates a smartphone assembly factory. In March 2026 it acquired Finnish device-locking software company KilpiTek Oy for $8M in cash and stock to bring its phone-locking technology in-house.