M-KOPA raises $250m to scale consumer fintech across Africa

M-KOPA, a fintech platform, has announced that it successfully secured $250 million in new debt and equity funding to expand its financial services offering to underbanked consumers across Sub-Saharan Africa.

This marks one of the largest combined debt and equity raises in the African tech sector, enabling M-KOPA to continue its rapid growth, the company said.

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