PayHippo

Fintech | Nigeria

What they do:

Payhippo is a financing platform that makes it easier for small and medium-sized businesses across Africa to access and spend capital effectively, starting with Nigeria.

Why we invested:

SMEs in Africa face a scarcity of capital, as over 40 million businesses in Nigeria alone need $158bn in funding. This presents a massive opportunity to expand lending across the continent.

The Founders

Zach Bijesse is the Co-Founder and CEO of PayHippo

Chioma Okotcha is the Co-Founder and COO of PayHippo

Uche Nnadi is the Co-Founder and CTO of PayHippo

Active in:

Nigeria

PayHippo offers SME loans in under 3 hours