Pivo logo — Empowering Africa's small and medium businesses with compreh...

Pivo

Empowering Africa's small and medium businesses with comprehensive financial services in one convenient platform.

Founded 2021 11-50 employees Seed Total: $2.30M Finance, Financial Services +1

General Information

Company Name Pivo
Founded Year 2021
Employees 11-50
Industries Finance, Financial Services, Wealth Management
Funding Stage Seed
Social

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About Pivo

Pivo is a startup founded in 2021 with a mission to empower Africa's small and medium businesses by providing comprehensive financial services through a convenient platform. The company's slogan ("Empowering Africa's small and medium businesses with comprehensive financial services in one convenient platform") reflects its commitment to addressing the financial needs of businesses in the region. Pivo serves the Financial Services and Wealth Management industries, aiming to streamline access to essential financial tools for businesses across Africa. In its latest funding round in 21 November 2022, Pivo secured $2.00M in a Seed Round investment. The investment came from a diverse group of investors, including Precursor Ventures, Y Combinator, Berrywood Capital, FoundersX Ventures, Sprint Vc, Umami Capital, Blackaion Capital, Team Ignite Ventures, Dare Okoudjou, and Mumba Mumba. Pivo's approach to consolidating financial services for small and medium businesses in Africa has garnered the attention and support of notable investors, indicating confidence in its potential to make a significant impact in the region's financial landscape. With a strong value proposition and a solid investor backing, Pivo is positioned to continue its growth trajectory and fulfill its mission of driving financial inclusion and empowerment for businesses across Africa.

Taxonomy: small businesses, medium businesses, Africa, financial hub, comprehensive services, convenient platform

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $2.00M 10
Precursor Ventures, Y Combinator +8
21 Nov 2022
Non Equity Assistance $100.00K -
17 May 2022
Seed Round $100.00K -
22 Mar 2022
Seed Round Undisclosed -
19 Jan 2022
Pre Seed Round $100.00K -
01 Sep 2021

Pivo Alternatives & Competitors

Pivo vs
Pezesha
Pezesha Kenya

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Pivo vs

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FAQ About Pivo

Empowering Africa's small and medium businesses with comprehensive financial services in one convenient platform.
Pivo was founded in 2021.
Pivo operates in Finance, Financial Services and Wealth Management. Its work centres on small businesses, medium businesses, Africa and financial hub.
Pivo has approximately 11-50 employees.
Pivo has completed 5 funding rounds, raising a total of $2.30M. The latest funding stage is Seed.
Top alternatives and competitors to Pivo include Pezesha, Crediation Ltd, Ngân hàng TMCP Đông Nam Á - SEABANK, NANTONG ZHONGHE FINANCING OUARANTEE GROUP CO., LTD, Round Table Financial. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Pivo and Pezesha 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.

Source: BounceWatch company record for Pivo, https://bouncewatch.com/company/pivo, updated 1 December 2024. When citing, please name BounceWatch and link this page.

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