MPower Ventures Revenue and Competitors

MPower is an impact and fintech start-up addressing the pressing challenge of financial inclusion and energy access in emerging markets. MPower has built a scalable B2B business model and partners with local entrepreneurs to finance and distribute affordable solar power to a market of 1.3 bn potential households and SMEs. MPower's solution not only enables off-grid and underelectrified communities to power their homes and businesses independently from the electricity grid or expensive fossil fuel-based products, but also improves their financial inclusion and overall socioeconomical status. The company is run by a young, diverse and motivated team with a passion for renewable energy, finance and social impact. Team's expertise ranges from finance to IT and from renewable energy to business development in Africa.