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Cape Town-based crowdfunding platform where investors buy and rent solar cells to supply renewable energy in emerging markets.
The Sun Exchange Inc., founded in 2015 in Cape Town, South Africa, runs a platform that lets investors buy solar cells and rent them to organizations that need renewable energy. Investors receive rental payments when businesses use the solar power generated, and the platform uses blockchain technology to secure transactions. In September 2021 it raised USD 2.5 mn in venture debt from ARCH Emerging Markets Partners. Saul Wainwright is the CEO.
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