Locations
Mexico City, Mexico · Walnut, CA, USA
industry
Finance
Size
11-50 employees
Stage
Other
founded in
2021
Solara is a B2B solar fintech company focused on building software and developing financial products to increase the adoption of solar in emerging markets. Solar and clean energy technologies are the cheapest form of energy in many emerging markets, but require upfront capital to finance. The banking and financial sectors have been slow to innovate and haven’t built products designed for emerging markets. Local installers have substantial customer pipelines, but customers aren’t comfortable with long-term PPAs/loans. Solara offers software and multiple subscription-based and savings-oriented financial products for installers to pass on to their customers, enabling installers to grow more quickly and customers to save by going solar on terms they’re more comfortable with.
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