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SunFi logo — Simplified and Affordable Solar Energy Access.

SunFi

Simplified and Affordable Solar Energy Access.

Founded 2021 Nigeria Lagos, Nigeria 98 employees Seed Total: $3.35M Energy, Fintech +1

General Information

Company Name SunFi
Founded Year 2021
Location Nigeria Lagos, Nigeria
Employees 98
Industries Energy, Fintech, Renewable Energy
Funding Stage Seed
Business Model B2C, Platform, Embedded Finance
Revenue Model Leasing/Rental, Transaction Fee, Marketplace Fee
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About SunFi

SunFi, founded in 2021 and headquartered in Nigeria, is a pioneering player in the Energy and Renewable Energy industries. The company operates as an energy financial technology platform with the slogan, "Simplified and Affordable Solar Energy Access." It connects individuals seeking solar energy solutions with tailored payment plans, leveraging partnerships with qualified third-party installers to facilitate seamless access.

SunFi's unique proposition lies in its ability to bridge financial gaps that often hinder solar energy adoption, thus empowering more users to transition to renewable sources. Recently, the company gained significant financial backing through a Convertible Note investment on 18 October 2023, led by Elemental Excelerator. This investment highlights confidence in SunFi's potential to scale and positively impact the energy sector in Nigeria and possibly beyond.

Business keywords: Solar Financing, Energy Technology, Financial Technology, Energy Access, Payment Plans, Third-party Installers, Clean Energy, Energy Efficiency

Services & Products

solar system installation
payment plan management
energy cost analysis
customer support

Target Customers

homeowners business owners remote workers families

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed $1.00M -
01 Jun 2025
Convertible Note Undisclosed 1
Elemental Excelerator
Elemental Excelerator
01 Oct 2023
Seed $2.35M 6
Factor[e] Ventures SCM Capital Asset Management Ventures Platform
Factor[e] Ventures, SCM Capital Asset Management +4
01 Feb 2023

SunFi Alternatives & Competitors

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SunFi vs
Enact Solar
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SunFi vs
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SunFi vs
Angaza
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FAQ About SunFi

Simplified and Affordable Solar Energy Access.
SunFi was founded in 2021.
SunFi is headquartered in Lagos, Nigeria.
SunFi operates in Energy, Fintech and Renewable Energy. Its work centres on Solar Financing, Energy Technology, Financial Technology and Energy Access. Its customers include homeowners, business owners and remote workers.
SunFi has a B2C, Platform and Embedded Finance business model. Its revenue comes from Leasing/Rental, Transaction Fee and Marketplace Fee.
SunFi has approximately 98 employees.
SunFi has completed 3 funding rounds, raising a total of $3.35M. The latest funding stage is Seed.
SunFi offers: solar system installation, payment plan management, energy cost analysis, customer support.
Top alternatives and competitors to SunFi include Enact Solar, Sunstone Credit, Angaza, Evelar Solar, YSG Solar. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SunFi and Enact Solar are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for SunFi, https://bouncewatch.com/company/sunfi, updated 10 August 2026. When citing, please name BounceWatch and link this page.

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