Okapi lands US$2M to expand its zero-upfront solar financing in SEA

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Okapi lands US$2M to expand its zero-upfront solar financing in SEA - e27

Quick Summary:

Okapi Technologies, a residential solar financing platform based in Malaysia, has closed an up to US$2 million debt facility arranged by Aquila, an IoT-powered sustainable finance company with operations across Vietnam, Singapore, Malaysia, and Indonesia.

This round comes over a year after Okapi announced its official launch in Malaysia with the closure of a new funding round led by impact investor The Radical Fund.

This initiative aims to facilitate faster growth and improved access to financial products for small businesses within the solar sector.