Startups
Payhippo provides loans to small businesses in Africa in under 3 hours. We made $42k in revenue in Nigeria in July 2021, growing 25% m/m with a 97% repayment rate.
Overview
Location
Nigeria, Lagos
Investors 1
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Mentions in press and media 3
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| Aug 31, 2021 | This YC Summer batch features the largest group of African startups yet | Y Combinator’s summer batch of 2021 features 377 startups from 47 countries. It’s the 33rd Demo Day of the well-known accelerator and holds the largest cohort yet. YC S20 had 198 startups, so that’s a 90% increase from last year. About half... |
| Jul 2, 2021 | PayHippo raises $1 million pre-seed to improve access to funding for SMEs in Africa | Despite its significance, the small business sector in Africa remains largely underserved by commercial banks. In Nigeria, a large percentage of the population operates small to medium-sized enterprises (SMEs) in what is referred to as the ... |
Reviews 0
FAQ about Payhippo
What has the press written about Payhippo?
Parsers VC has collected 3 articles mentioning Payhippo, among them “This YC Summer batch features the largest group of African startups yet” (Aug 31, 2021) and “PayHippo raises $1 million pre-seed to improve access to funding for SMEs in Africa” (Jul 2, 2021).
Is Payhippo still active?
Yes, Payhippo is active; its latest activity on Parsers VC dates from Sep 1, 2021.