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Payhippo Becomes Rivy, Secures $4M for Clean Energy Loans

3/26/2025

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Summary

Story summary

Nigerian fintech Payhippo has transformed into Rivy, securing $4 million in a pre-Series A funding round to champion clean energy financing. This investment will empower Rivy to link businesses with solar vendors and provide loans for solar systems. With ambitions to expand beyond Nigeria, Rivy is poised to tackle low loan defaults while promoting sustainable energy solutions.

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Story summary

Nigerian fintech Payhippo has transformed into Rivy, securing $4 million in a pre-Series A funding round to champion clean energy financing. This investment will empower Rivy to link businesses with solar vendors and provide loans for solar systems. With ambitions to expand beyond Nigeria, Rivy is poised to tackle low loan defaults while promoting sustainable energy solutions.