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M-KOPA providing financing to two million customers.

M-KOPA, a fintech platform that connects underbanked customers to connected financing and digital financial services in four African regions, has rais

M-KOPA, a fintech platform that connects underbanked customers to connected financing and digital financial services in four African regions, has raised $75 million in a growth equity round. Total M-total KOPAs equity financing has already reached $190 million. According to todays report, M-KOPA is also giving loans to two million users. M-KOPA has accessed over $600 million in financing and provided access to a varied collection of products, including smartphones, solar lighting, solar-powered appliances, and digital financial services such as cash loans and health insurance, to over 2 million customers. M-KOPA has accessed over $600 million in financing and provided access to a varied collection of products, including smartphones, solar lighting, solar-powered appliances, and digital financial services such as cash loans and health insurance, to over 2 million customers. In 2021, M-KOPA had a nearly 2.5X increase in new subscribers, and by the end of 2022, the company expects to hav Read More..

B2B Tech News | 2 years ago          

Microsoft is creating new partnerships with African startups to provide access to markets, technical skills and funding opportunities.

Microsoft has proclaimed new initiatives to accelerate the enlargement of ten,000 continent businesses and fast-track investment in Africas startup sc

Microsoft has proclaimed new initiatives to accelerate the enlargement of ten,000 continent businesses and fast-track investment in Africas startup scheme over the subsequent 5 years as a vicinity of its fresh established Africa Transformation workplace (ATO). Through the ATO, Microsofts recently launched worldwide Founders Hub can currently be on the market to African firms. Microsoft is forming trade alliances and partnerships with venture capital investors to help African entrepreneurs scale quickly victimization investment. These alliances and partnerships can give access to $500 million in potential funding for African startups. Investments in Africas startup scheme square measure speedily increasing. However, as Elkabbany reminds America, the African startup market currently accounts for fewer than 1 Chronicles of total international investments. Read More..

B2B Tech News | 2 years ago          



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