This Solar Startup Offers Solar Power Services and Accepts Mobile Payments
Rahul Kalvapalle — April 29, 2016 — Eco
References: m-kopa & techcrunch
M-Kopa is an extremely innovative new solar startup that is offering households across East Africa solar panel-derived energy that they can then go about paying for quickly and conveniently using a handy smartphone app.
Users can simply start by putting in a $35 deposit, and are then granted a period of one year to pay for the package itself via convenient mobile money transfers that can be as low as half a cent. Not only does this allow customers to easily start taking advantage of bountiful solar panel-derived energy, but it also makes payments uncomplicated and easy to track.
Ultimately, M-Kopa is an extraordinarily innovative solar startup because it both offers eco-friendly and sustainable energy to East African homes whilst also taking advantage of modern mobile payment solutions, marking it out as a company that is blazing a trail in terms of both energy service providing and payment acceptance.
Users can simply start by putting in a $35 deposit, and are then granted a period of one year to pay for the package itself via convenient mobile money transfers that can be as low as half a cent. Not only does this allow customers to easily start taking advantage of bountiful solar panel-derived energy, but it also makes payments uncomplicated and easy to track.
Ultimately, M-Kopa is an extraordinarily innovative solar startup because it both offers eco-friendly and sustainable energy to East African homes whilst also taking advantage of modern mobile payment solutions, marking it out as a company that is blazing a trail in terms of both energy service providing and payment acceptance.
Trend Themes
1. Mobile Payment Solutions - The use of mobile payment solutions is disrupting the energy industry, providing convenient and easy-to-track payment options for solar power services.
2. Solar Panel-derived Energy - The growing trend of solar panel-derived energy is disrupting the traditional energy industry, offering eco-friendly and sustainable power sources.
3. Innovative Energy Service Providers - Innovative startups like M-Kopa are disrupting the industry by combining solar energy services with modern payment solutions, revolutionizing the way energy is accessed and paid for.
Industry Implications
1. Renewable Energy - The renewable energy industry is being disrupted by the growing adoption of solar panel-derived energy and innovative payment solutions.
2. Mobile Payment Services - The mobile payment services industry is experiencing disruption through partnerships with solar startups, enabling convenient payment options for renewable energy services.
3. Energy Service Providers - Traditional energy service providers are facing disruption from innovative startups that offer eco-friendly energy solutions coupled with modern payment acceptance methods.
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