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South African Solar Fintech Company Wetility Raises $48 Million to Accelerate Growth

Summary by Ground News
Wetility, a South African solar fintech company, has secured a total of R903 million in funding. The funding includes R180 million in convertible debt, a R600 million commercial debt package from Sanlam, and support from large commercial and development banks. The company, founded in 2019, offers comprehensive solar energy solutions to households and businesses.
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Clayton County Register broke the news in Elkader, United States on Saturday, September 9, 2023.
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