Rivy
PrivateLast Round
Series A
Mar 26, 2025
Est. Valuation
$1.78M
Total Funding Raised
$8.13M
Momentum Score
50 /100
Company Overview
Rivy, formerly known as Payhippo, is a Nigerian fintech company founded in 2019. Initially focused on providing collateral-free loans and financial services to small and medium-sized enterprises (SMEs), the company has since pivoted. As of 2023, Rivy now operates as an AI-powered lender focused on accelerating Africa's transition to clean energy. It runs a marketplace connecting solar vendors to businesses and offers financing for solar systems and other clean energy assets. The company aims to address the challenge of unreliable electricity for businesses by making clean energy more accessible and affordable.
Sector
Energy & Sustainability
Verticals
Lending & Credit, Renewable Energy
Business Model
B2B
Customer Profile
Payment Processing Fee, Marketplace Commission, Revenue Share
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Rivy Comps
Public and private peers based on sector, stage, and business model.
Rivy Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Mar 26, 2025 | ||||
| Seed | Nov 3, 2021 | ||||
| Accelerator | Aug 1, 2021 | ||||
| Pre Seed | Jul 2, 2021 |
Rivy Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Future Africa | Pre Seed |
| Fleur Capital | Series A |
| Sherpa Ventures | Pre Seed |
| Tale Venture Partners | Pre Seed |
| Mercy Corps Ventures | Pre Seed |
| Y Combinator | Seed, Accelerator |
| VentureSouq | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 23, 2026
Monthly visitors increased 2040% MoM, reaching 7.4K.
- Jan 1, 2026
Launched online storefront named 'EnergyStack' for lending portfolio.
Rivy Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Rivy's valuation, stock price, and market status.
