It has been over 10 years since M-KOPA pioneered and kick-started the wider pay-as-you-go (PAYG) solar market. The concept for our business model was first sketched out by our founders on a whiteboard in early 2010. Our idea was to combine the power of digital micropayments with IoT (Internet-of-Things) connectivity to make financing more accessible, and solar was just the start.
Since then, we have built one of the world’s most advanced connected asset financing platforms. We have used it to provide nearly $400 million in financing that has enabled 1 million customers to access solar lighting, energy-efficient televisions and fridges, smartphones, cash loans, and more.
Our mission: To make financing for everyday essentials accessible to everyone
M-KOPA is a connected asset financing platform that offers millions of underbanked customers access to life-enhancing products and services.