Angaza

The core of Angaza's business is its technology platform that enables manufacturers and distributors to offer life-changing products—such as solar home systems, clean cookstoves, water pumps, and smartphones—to off-grid and unbanked consumers through pay-as-you-go (PAYG) financing. This model removes the prohibitive upfront cost, allowing end-users to make small, incremental payments over time until they own the product. Angaza's revenue is generated through a licensing model, where it provides technology licenses to hardware manufacturers for embedding remote-activation circuitry and sells its cloud-based software to distributors. This B2B model allows Angaza to support the entire value chain without bearing the costs of building the financing component themselves.

The Angaza platform consists of several integrated components. For manufacturers, it offers various IoT metering technologies (GSM, keypad, cable, Bluetooth) to make their products PAYG-ready. For distributors, it provides the 'Energy Hub,' a cloud-based web portal for managing loan portfolios and accessing business analytics, and the 'Activator' mobile app, which sales agents use in the field to manage sales and customers, even in areas without network coverage. The technology allows distributors to remotely monitor and control products based on payment status. Partners using the platform have reported significant increases in sales and revenue. Headquartered in San Francisco with an office in Nairobi, Angaza's technology is utilized by over 200 distributors across more than 50 countries, primarily in Sub-Saharan Africa, Asia, and Latin America.