It has been over 10 years since M-KOPA pioneered and kick-started the wider pay-as-you-go (PAYG) solar market. The concept for our business model was first sketched out by our founders on a whiteboard in early 2010. Our idea was to combine the power of digital micropayments with IoT (Internet-of-Things) connectivity to make credit more accessible, and solar was just the start.
Since then, we have built one of the world’s most advanced digital credit platforms. We have used it to provide nearly $600 million in credit that has enabled over 1 million customers to access solar lighting, energy-efficient televisions and fridges, smartphones, cash loans, and more.
