Solaris Offgrid (PaygOps)

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Solaris Offgrid (PaygOps)

1. What is Solaris Offrgrid's mission?

Solaris Offgrid supports distributors and manufacturers through flexible and inclusive Software Solutions and Product Development Services they need to scale their last-mile operations in order to provide access to essential services to millions of people at the Bottom-of-the-Pyramid and help the 1.7bn unbanked get access to life-changing products.

Our advanced technology aims at fostering Paygo business models to impact the world's poorest and most underserved communities. For that, we support entrepreneurs with our innovative software PaygOps to have an impact that proves to be scalable and profitable. PaygOps is engineered to deliver affordable modular and interoperable solutions to address off-grid energy access challenges, financial inclusion and distribution complexity.

2. Where is it based?

Valencia, Spain, although ±50% of employees are remote-based.

3. When was it created?

2014

4. Who is the CEO?

Siten Mandalia

5. In which region/s are you present?

Global

6. What feature do you think makes you unique? How are you contributing to energy access for all?

PaygOps, our flagship fintech software, distinguishes itself through its flexibility, interoperability, which allows the smooth management of lease financing and field operations but also provides key financial data and metrics to investors. 

PAYGO industry is expanding fast and contributing to making energy accessible and affordable for everyone. However, delivery models are yet to provide flexible and accessible technologies and the lack of interoperability creates unnecessary costs and bottlenecks across the industry. That's why Solaris Offgrid released OpenPAYGO™ Suite, which consists of a set of free and secure Open Source Technologies to facilitate the adoption of PAYGO products to help accelerate rural or low-income communities access to life-changing amenities such as energy, water supply, health, or digital services.

7. How do you think GOGLA can help accelerate your business and/or the energy access sector?

We believe in advocating on PAYGO law framework, as well as facilitating debt and equity flow. Of course, facilitating practitioners' exchanges with conferences is always helpful.
 

Visit the Solaris Offgrid website and the PaygOps website to learn more about them. 

 

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