M-KOPA, a leading fintech platform driving financial inclusion in emerging markets, has announced a major milestone: the sale of over 1 million M-KOPA-branded smartphones across Africa within just 12 months of launch.
Transforming Financial Access Through Smart Money Technology
M-KOPA smartphones are not just internet-enabled devices—they come integrated with M-KOPA’s proprietary Smart Money Platform. This embedded service offers customers across Africa:
- Health insurance
- Affordable credit solutions
- Device protection and security services
These features enable users to go beyond connectivity, turning smartphones into tools for building businesses, improving livelihoods, and achieving economic independence.
According to M-KOPA, this unique value proposition positions its smartphones as essential financial inclusion tools for everyday earners, especially in underserved communities.
Largest Smartphone Assembly Plant in Africa
A key driver behind M-KOPA’s rapid smartphone growth is its assembly plant in Nairobi, Kenya. Highlights include:
- Africa’s largest smartphone factory by volume
- Over 400 new jobs created since 2023
- ISO 9001 quality certification achieved in 2024
The Nairobi assembly facility not only strengthens local manufacturing capabilities but also aligns with M-KOPA’s mission of creating sustainable economic opportunities in the regions it serves.
A Proven Digital Inclusion Model
With over 1 million smartphones sold, M-KOPA reinforces its position as a fintech leader in emerging markets, blending device financing with digital inclusion services. The company’s model bridges the digital divide while simultaneously providing access to essential financial products.
Key Impact Figures:
- 1 Million+ smartphones sold in 12 months
- 400+ jobs created through local assembly
- ISO 9001 certification achieved in 2024
Why M-KOPA’s Smartphone Program Matters
In Africa, where smartphone penetration remains uneven, M-KOPA’s approach is a game-changer. By bundling mobile devices with financial tools, the company empowers individuals who might otherwise lack access to credit, insurance, and digital resources.
M-KOPA’s initiative directly supports Africa’s broader push for digital inclusion, financial empowerment, and job creation.
About M-KOPA
Founded to improve financial inclusion in emerging markets, M-KOPA offers innovative pay-as-you-go financing solutions for smartphones, solar energy systems, and digital services. Operating in countries including Kenya, Uganda, Nigeria, and Ghana, M-KOPA has impacted millions of lives through accessible technology and finance.
