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WEBINAR: Bridging the Finance Gap
How Receivable Financing can Streamline Capital towards Last-Mile Distributors
Join us virtually on Tuesday, 28th of March, at 11:00 (CET) for an exciting webinar in which Solaris Offgrid's CEO and co-founder, Siten Mandalia 👨🚀, and PaygOps' Fintech Business Lead, Manon Dubois 👩🚀, will join forces to explore the potential of receivables financing for the Paygo industry and introduce participants to our soon-to-be-launched Receivable Finance Platform, an open and interoperable financing platform created to deliver credit to the last-mile, and the backbone in our Fintech initiatives to resolve the bottleneck in last-mile financing.
Will Paygo ever bridge its capital gap? A decade after the appearance of the first Paygo solar products in East Africa, a whole new previously unbanked rural customer segment has gained access to life changing energy amenities. However, despite a solid potential for growth and impact, scalability challenges remain, as Siten analyses it in a recent interview.
Access to finance, in particular, weighs on the growth trajectory of most distributors, who struggle with cash flow imbalances, unfitted financing offers and high capital cost. Costly due diligence drives investors away from smaller businesses, creating a strong concentration of investments in larger firms and tickets. This debt mismatch challenge has a direct impact on low-income customers, who fundamentally need affordable energy assets.
We believe in solutions. With the development of our receivables trading platform and building upon our recognised inclusive Fintech leadership, we are on track to give distributors and investors access to untapped capital markets, where liquidity is unlocked over assets at lower risks and costs than current Paygo financing solutions (learn more about the pilot we ran with different partners here)
Distributor? Investor? Development partner? Register now for the webinar and join us on the 28th of March to discover how we are bringing fast and flexible data-driven investment to the industry. 👇🏿👇🏿👇🏿
About Solaris Offgrid
Solaris Offgrid supports distributors and manufacturers across all industries in over 35 countries through SolarisLab Product Design Services and flexible IT solutions. Solaris Offgrid’s flagship PaygOps platform is an interoperable B2B SaaS which connects energy and utility appliances (solar devices, water-pumps, cookstoves, smart metres, e-bikes) and payment methods (Pay-as-you-go and Mobile Money) within a suite of enterprise applications or API services, to allow distributors to smoothly manage their operations and tackle their challenges at the last mile, thus enabling them to provide affordable essential products and services to millions of people at the Bottom-of-the-Pyramid.