M-KOPA

M-KOPA provides smartphone financing through small deposits and daily, weekly or monthly instalments, and uses the repayment history to offer digital loans, health cover, device protection and data bundles. The company describes its customers as everyday earners without formal salaries or collateral, and it sells through a direct sales force of agents.

The company presents its markets as Kenya, Uganda, Nigeria, Ghana and South Africa, and reports over 10 million customers. Its website lists offices in London, Accra, Johannesburg, Kampala, Lagos and Nairobi, and the registered holding company is M-KOPA Holdings Limited in London. M-KOPA was founded in 2010, and its current openings include sales, retail operations, backend engineering and people roles.

Product: Smartphone device financing with daily instalment plans, plus digital loans, health cover, device protection and affordable data bundles.