Africa Angel Investors Network

Funding Tracker                 


Rivy (Payhippo)

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Rivy operates a marketplace model. It connects over 250 vetted solar vendors and installers with businesses seeking to transition to cleaner energy sources. Crucially, Rivy provides the necessary financing, allowing businesses to overcome the significant upfront costs associated with solar installations. 


Location: Nigeria
Website: https://payhippo.ng/
Sector: Finance
Funding Stage: Pre-Series A,
Total Funding ($m): 4
# of Founders: 3
Founding Year: 2019
Funding Year: 2025
Status: Active
YearAmountStageInvestors
2025$4mPre-Series AEchoVC,
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Dami Olawoye
Co-Founder & CEO
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Pre-Series A $4m
EchoVC,


News
https://launchbaseafrica.com/2025/03/26/from-loans-to-light-nigerias-payhippo-reinvents-itself-as-rivy-securing-4-million-to-fuel-clean-energy-ambitions/