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PayHippo
company
About
PayHippo is an AI-Driven lending platform making it easier to finance small and medium sized businesses.
- 1 - 10
Details
- Last Funding Type
- Pre-seed
- Last Funding Money Raised
- $1.10M
- Industries
- Finance,Financial Services,FinTech
- Founded date
- Jan 1, 2019
- Number Of Employee
- 1 - 10
- Operating Status
- Active
PayHippo is making it easier to finance small and medium sized businesses in Africa. There is a need for financing of $158 bn for SMEs in Nigeria alone. To start, PayHippo helps SMEs access and spend lender capital effectively. During their first full operational year in 2020, the PayHippo co--founders leveraged their domain expertise and founding experience to beat their 2020 goal by 50%.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
1
$1.10M
PayHippo has raised a total of
$1.10M
in funding over 2 rounds. Their latest funding was raised on
Jul 1, 2021 from a Pre-seed round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jul 1, 2021 | Pre-seed | $1.10M | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
—
1
PayHippo is funded by 1 investors.
Sherpa Africa Partners
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
Sherpa Africa Partners
|
— | Pre-seed |
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