CEVIANT
Fintech | Nigeria
CEVIANT makes cash management simple and accessible
What they do:
Ceviant provides cloud-based treasury and payment automation solutions for corporates and multinationals operating in Nigeria. With Ceviant, businesses will have full transparency of their cash flow across all their channels, giving them the data and ability to instantly analyse the impact of every cash movement.
Why we invested:
Businesses operating in emerging markets face various unmet financial service needs, including challenges in managing multiple accounts across different banks and jurisdictions, leading to difficulties in cash management, forecasting, and reconciliation. They also grapple with risks such as fraud, cash leakages, limited access to liquidity and contingency funding, and financial risks related to exchange rates and integration, coupled with restricted access to hedging solutions. Ceviant’s Platform offers a one-stop solution to the pain-points of businesses in emerging markets.
The Founder:
Kehinde Dabiri and Idris Saliu are the Co-Founders of Ceviant.
Active in:
Nigeria