Financing Everyday Essentials For Everyone, With Mayur Patel (M-Kopa)

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We Finance Progress when you visit www m-kopa com you re met with this brief but powerful message that I think captures the dual business and social impacts of their connected financing platform In today s episode I speak to Mayur Patel Chief Commercial Officer at M-KOPA about financing life-changing assets collateralized by the service those assets provide And we talk about a lot more M-KOPA was founded in 2010 to combine the power of digital micropayments with GSM connectivity to make life-enhancing assets more accessible and has since deployed 1 billion in products and credit to the financially excluded For the majority of our customers – over three-quarters of our customers today – this is the first time they are owning a 4G handset Those individuals are living under 4G wireless spectrum that s above their heads but it s really been the affordability of the handset which is the gateway into that We ve been able to build a strong credit profile for them That s unique We re building a consumer FinTech business here where the first step with our customers is to help them get access to a productive asset and then use that as a way to bring them into a much broader financial relationship M-Kopa is at https m-kopa com and on LinkedIn at https www linkedin com company m-kopa Mayur Patel is on LinkedIn at https www linkedin com in mayur-h-patel You can learn more about myself Brendan le Grange on my LinkedIn page feel free to connect my action-adventure novels are on Amazon some versions even for free and my work with ConfirmU and our gamified psychometric scores is at https confirmu com and on episode 24 of this very show https www howtolendmoneytostrangers show episodes episode-24If you have any feedback questions or if you would like to participate in the show please feel free to reach out to me via the contact page on this site Regards Brendan Hosted on Acast See acast com privacy for more information Click here to visit this podcast episode