Finergi
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Finergi - overview
Location
Dubai, -, United Arab Emirates
Primary Industry
Financial Services
About
Based in the United Arab Emirates, Finergi offers innovative credit infrastructure solutions tailored for electricity metering, enhancing financial accessibility and operational efficiency for utility providers and consumers alike. Finergi operates in the energy distribution sector, specifically focusing on creating smart metering solutions. The company is headquartered in Dubai, United Arab Emirates. In March 2026, Finergi was fully acquired by Optasia for USD 72.
11 mn, enabling Optasia to diversify its products within the energy-distribution ecosystem. The acquisition aims to strengthen risk and underwriting capabilities using direct identity data. Finergi specializes in intelligent credit infrastructure for electricity metering, facilitating power accessibility and financial dignity. The company offers embedded fintech solutions that integrate with prepaid metering systems, allowing end users to manage energy consumption and financial transactions efficiently.
Their services cater to a diverse client base, including utility companies and energy providers primarily in the African continent, promoting financial inclusion and sustainable growth. Finergi generates revenue through partnerships with utility companies and energy service providers, utilizing a business-to-business model. The revenue is primarily derived from transaction fees associated with its smart metering solutions and financial services. Clients access Finergi's offerings on a subscription basis, which may include digital lending.
The pricing of flagship products is strategically aligned to cater to both large operators and individual consumers, ensuring ongoing financial viability. Following the recent acquisition by Optasia in March 2026, Finergi plans to expand its product offerings and market presence within energy distribution ecosystems. The funding from this deal will be utilized to enhance product diversification and improve risk management capabilities. Specific new products are being developed to cater to emerging market demands, with strategic expansions targeted towards various regions identified by Optasia for future growth.
Current Investors
Optasia
Primary Industry
Financial Services
Sub Industries
e-Financial, Accounting/Finance Software
Website
www.finergi.com/
Verticals
FinTech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Finergi - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Finergi | - |
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