Fenix International is a next-generation energy company with the mission to improve the quality of life of their customers, through inclusive energy and financial services. Fenix's flagship product, ReadyPay Solar, is an expandable, lease-to-own solar home system financed by affordable instalments starting under $0.15 per day. Fenix use real-time transaction data to create a unique credit score to finance power upgrades and other life-changing loans, opening up a wider world of energy and financing for their customers.
To date, Fenix has sold over 220,000 ReadyPay Power systems in Uganda and Zambia, bringing clean, reliable power for lights, phones, radios, TV and much more to over one million people. In 2017, Fenix announced that it was joining forces with ENGIE, one of the world's largest energy companies and a leader in the move to renewable, decentralized and digital energy. ENGIE will make significant commercial investments in Fenix to accelerate the path to their mission. Fenix will continue to operate as a distinct and autonomous company within the ENGIE group, in order to retain their unrelenting focus on innovation, smart iterative design, strong team culture and exceptional customer experience. Together, Fenix and ENGIE plan to bring life-changing energy and financial services to tens of millions of off-grid customers and to make universal access to modern energy a reality across Africa.