Payhippo (Finance) — Funding, Investors & Signals 2026

Payhippo

Making it easier to access clean energy in Africa.

Founded 2019 67 employees Seed Total: $4.13M Finance, Financial Services +1

Payhippo is a fintech startup founded in 2019 with the goal of facilitating the clean energy transition in Nigeria. The company's slogan "Making it easier to access clean energy in Africa" encapsulates its core mission. Payhippo provides loans to make clean energy equipment more accessible, having already disbursed over 38,000 loans in Nigeria. Utilizing proprietary AI for credit scoring and loan underwriting, Payhippo is able to cater to segments often overlooked by traditional banks and lenders. The company recently secured a significant milestone with a $3.00M Seed Round investment on 03 November 2021. This funding round saw participation from notable investors including Goodwater Capital, TEN13, True Capital Fund, Dispatch Ventures, Prodigio Capital, Ground Squirrel Ventures, Beta.Ventures, Maijid Moujaled, XRM Media, and Bolaji Balogun. Overall, Payhippo's innovative approach to providing financial solutions for clean energy access, coupled with its recent substantial investment, positions the company as a noteworthy player in the fintech and clean energy sectors, particularly in the Nigerian market. For further information about Payhippo, visit their website.

Funding Stage	Amount	Investors	Lead Investors	Date
Seed Round	$3.00M	10	Goodwater Capital, True Capital Fund +8	03 Nov 2021
Pre Seed Round	$1.10M	-		01 Jul 2021
Debt Financing	$27.13K	-		16 Dec 2020

Funding Stage

Amount

Investors

Lead Investors

Date

Seed Round

$3.00M

Goodwater Capital, True Capital Fund +8

03 Nov 2021

Pre Seed Round

$1.10M

01 Jul 2021

Debt Financing

$27.13K

16 Dec 2020

FAQ About Payhippo

Making it easier to access clean energy in Africa.

Payhippo was founded in 2019.

Payhippo operates in Finance, Financial Services and Fintech. Its work centres on clean energy, Nigeria, loan disbursement and credit scoring.

Payhippo has approximately 67 employees.

Payhippo has completed 3 funding rounds, raising a total of $4.13M. The latest funding stage is Seed.

Top alternatives and competitors to Payhippo include Credit Mountain, JULO, Volt Finance, Lenk (YC W22), Avista Colombia. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Payhippo and Credit Mountain are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Payhippo

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Funding Rounds & Investors (3)

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