Startup Payhippo closes US$3m seed funding round to support small businesses

NIGERIA – Payhippo, the Nigerian SME lending startup, has closed a US$3 million seed funding round to enhance its technology capabilities to support small businesses in Nigeria with innovative solutions to unlock sources of capital for their customers. The round was led by influential African fintech founders and financial leaders Ham Serunjogi and Maijid Moujaled, co-founders of Chipper Cash; Olugbenga…

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Fintech startup Payhippo raises US$1m pre-seed funding to scale its offering

NIGERIA – Payhippo, a fintech startup, has raised US$1 million in pre-seed funding to scale its offering, which provides vital loans to small businesses. Investors include Ventures Platform, Future Africa, Launch Africa, Sherpa Ventures, DFS Lab, Hustle Fund and Mercy Corps Ventures. Payhippo had previously raised external capital from Nigerian angel investors and early-stage venture builder Aidi Ventures. Payhippo said…

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