For Corporates

Co-funded by the

European Union

European Union flag
Renewable energies

MPowering the Future

Tech4impact venture tackling the challenges of energy access and financial inclusion in emerging markets

Relevant markets:
Off grid
Solar PV
Sustainable developement goals:

A B2B2C platform supplying and financing small-scale solar infrastructure in emerging markets

Icon of a present

The need

Currently, 1 billion people live without access to electricity, and millions more suffer from unreliable grid connections that fail for hours each day. They then use expensive, dangerous and unreliable fossil fuel-based products. The majority are considered unbanked and without any credit history.

Icon of a light bulb

The solution

MPower is a fintech and impact start-up confronting the challenges of energy access and financial inclusion in emerging markets. Through a highly scalable B2B2C partnership model, it enters into agreements with local resellers with existing distribution networks by providing them with (1) plug & play, affordable solar bundles, (2) access to financing solutions, and (3) smart software and a data platform. It digitises operations and collects data on end-users, building them credit profiles.

Icon of a institutional building

The value proposition

  • Hardware offers mobile, high-quality clean energy products.
  • Financing solutions give access to capital, reducing working capital needs for partners and offering affordable monthly payments for end-users.
  • An in-house developed software platform digitises partners’ operations and tracks products and payments. It collects data on end-users, enabling the development of credit profiles and rating schemes, which gives a credit history to unbanked end-users and mitigates risks.

Providing and financing affordable and software-backed clean energy products in emerging markets

Commercialised by

Hohlstrasse 1768004 Zurich, Switzerland
News & events