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M-KOPA raises $75m in Growth Equity funding

Kenya based asset financing platform raised $75m in growth equity funding co-led by Generation Investment Management and Broadscale Group.

“With M-KOPA’s model, everybody is welcome. There’s no upfront scoring; if you can pay the upfront deposit, that’s all we require. And then you’re into a relationship where consumers can get the solar system or smartphones which irrespective of the market, whether you’re in Lagos or semi-urban Nairobi, can immediately put those to enhance their businesses.”

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