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SunFi

9A, Joseph Adu Close, Oniru, Victoria Island, Lagos, Nigeria

Overview

SunFi operates a marketplace and finance platform that aggregates solar system vendors and offers lease-to-own and subscription payment options to households and businesses. The company vets vendors and de-risks technical and credit risk to open lending channels for clean energy portfolios. Since launching, SunFi has onboarded over 40 solar system vendors (10 core providers), served more than 129 customers and deployed over $600,000 via partnerships with financial institutions. Revenues come from margins on lease-to-own contracts and subscription fees; the firm is developing a third revenue stream to provide inventory financing to solar providers. The team is roughly 29 people and plans to enhance its platform over the next 12–18 months while targeting conversion of more than 4,000 customers in that period. SunFi positions itself as a fintech-for-clean-tech intermediary that helps solar providers, customers and investors manage installations and financing workflows.

Total raised
$2M
Funding rounds
1
Latest round
Seed
Latest activity
Feb 2023

Industries

  • Energy
  • Solar
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Recent funding

  1. Seed

    Feb 2023

    $2M

Team

No current team members are available.