Fintech company M-KOPA said on Wednesday it had extended more than 1.2 billion cedis (about $82 million) in credit to over 550,000 customers since launching operations in Ghana in 2021. Using a flexible daily payment model, the company enables low-income users to acquire smartphones and access the internet. For the first time, the devices also include health insurance. M-KOPA said the initiative has helped more than half of beneficiaries increase their income and improve their quality of life.