Payhippo: Announced that it raised $3 million in seed funding
- Payhippo, a lending startup that is widening credit access for small businesses in Nigeria, announced that it raised $3 million in seed funding
- The round was led by influential African fintech founders and financial leaders Ham Serunjogi and Maijid Moujaled
- Other angel investors include management from Paystack, Brex, and Tala and several LPs from preseed investors
- A Y Combinator Summer 2021 cohort,It was founded in August 2019 by three co-founders, Zach Bijesse
- Provides small businesses with access to credit in less than three hours; with instant financing
- Small businesses play a significant role in most economies and contribute to job creation and global economic development
