Asset Financing Startup M-Kopa Raises Over $250m Debt and Equity

African asset financing startup, M-Kopa has raised a combined equity and debt round of at least $250m, the company announced on Monday. This is one of the biggest single funding rounds raised by an African startup. M-Kopa will use this funding to continue its Africa-wide expansion and increase its 3m users in Kenya, Uganda and Nigeria.

This funding round attracted Standard Bank, Africa’s larg