NuruFi is a risk verification engine that makes sustainable trade finance possible for commercial and industrial solar and storage equipment in emerging markets. The company verifies transactions, underwrites the paying customer, structures protected terms, and monitors repayment, creating a documented credit record that enables distributors and banks to extend credit with confidence. NuruFi's team operates on the ground in the markets it serves, checking orders, parties, and sites in person.
Funding
Funding not disclosed
Founders
Product
Problem
Real orders for clean energy equipment in emerging markets stall because banks cannot justify originating and checking smaller, thinner-file transactions one by one, and suppliers fear unpaid receivables if they extend credit. This forces cash-only terms that stop commercially sound sales despite reliable power demand, ready equipment, and signed contractor orders.
Solution
NuruFi provides an asset-light risk verification engine that makes each equipment order assessable at the transaction level. The company verifies the order, parties, and evidence on the ground, underwrites the corporate off-taker's ability to pay, structures protected terms including deposit, tenor, and milestones, and monitors the deal through final repayment. This creates one documented credit record that follows the transaction from purchase order to last payment, enabling distributors and banks to make safer credit decisions without building an internal credit desk. NuruFi's team is present in the markets it serves, checking sites and parties in person rather than relying on paperwork alone.
Target Audience
Primary customers are equipment distributors and banks serving commercial and industrial solar and storage markets in emerging economies, particularly those needing transaction-level credit assessment and repayment monitoring.
Features
- Live risk record that consolidates verified evidence, risk recommendation, protected terms, and live risk status in one place
- On-the-ground verification of orders, parties, and sites in the markets served
- Underwriting of the corporate payer's ability to pay, not just the contractor or distributor
- Structured repayment protections including deposit, tenor, and milestone recommendations
- Monitoring through repayment with collection service support
- Focus on contract-backed C&I solar and storage orders with measurable savings and a corporate off-taker