“The M-KOPA smartphones are integrated with our Smart Money Platform to deliver essential financial services to help access affordable credit, health insurance, and device protection. With every phone, we’re not just connecting people to the internet; each phone represents a step forward for everyday earners to achieve their economic goals.”

M-KOPA’s Nairobi-based assembly plant, Africa’s largest smartphone factory by volume, has played a vital role in this growth. Since opening in 2023, the facility has created over 400 jobs and achieved ISO 9001 quality certification in 2024. The company currently offers four flagship devices—the X20, X2, M10, and S34 with new models expected in the latter half of 2025

With its innovative model that embeds financial services directly into smartphones, M-KOPA has achieved what traditional financial institutions often struggle with, reaching underserved populations with sustainable, scalable solutions. Its Smart Money Platform processes over 15 transactions per second and onboards more than 200,000 new customers monthly, underscoring its significant impact.

The company’s smartphone devices go beyond connectivity, offering users access to health insurance, affordable credit, and device protection. This unique integration allows millions of people many of them previously excluded from formal financial systems to build credit histories and gain economic empowerment. Leveraging a decade of payment data and AI-powered analytics, M-KOPA is helping to reshape financial inclusion in Africa.

Founded in 2010, M-KOPA continues to pioneer financial inclusion in Sub-Saharan Africa, blending digital micropayments, AI, and innovative distribution to unlock life-changing opportunities for millions.

When providing smartphone financing, M-Kopa combines digital micropayments with advanced AI and machine learning to build “individualized credit profiles”. Operating across Kenya, Uganda, Nigeria, Ghana, and South Africa, M-KOPA manages the continent’s largest direct sales force, comprising over 35,000 agents.

Beyond financial inclusion, M-Kopa is also working to address climate change. The company’s Kenyan facility also refurbishes phones, with every 13 refurbished phones save one tonne of CO2 emissions. To date, over 100,000 smartphones have been refurbished at up to 40% discount.