M-KOPA is a connected asset financing platform that offers millions of underbanked customers access to life-enhancing products and services such as smartphones, fridges, televisions, solar lighting and cash loans. With a mission to make financing for everyday essentials accessible to everyone, M-KOPA’s innovative financing model combines the power of digital micropayments with IoT (Internet-of-Things) connectivity.

Established in 2011, M-KOPA provides asset financing to customers who are unable to pay a lump sum for a device and are largely underserved by traditional financial services, which often require customers to have a credit history or assets to secure financing. Through the company’s innovative financing model, customers can build ownership over time through flexible and affordable micro-payments.

M-KOPA’s platform has provided nearly $400 million in financing that has enabled 1 million customers to access their products and services.

PAN Finance