M-KOPA
A financing platform giving people without formal credit histories access to smartphones, solar energy, and other productive assets.
About
M-KOPA lets customers buy a phone, solar installation, or e-motorcycle with a small down payment and pay it off in daily installments. Repayment behavior builds a credit profile that can later unlock access to other products or loans. In July 2026, the company reported ten million customers across five African countries. This scale is impressive, but affordability, privacy, and fair treatment remain important in automated credit decisions.
AI factor
M-KOPA uses machine learning and its own models for credit, eligibility, and pricing based on payment behavior, allowing it to assess risk without a traditional payslip or credit file.
Sources
Inspiration sourced from AI For Good. Not an Arnaldus customer case.