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Payhippo Nigeria

Payhippo: Nigerian digital lender targeting small merchants. Short-term working capital loans delivered through WhatsApp and a simplified mobile application.

Key Information
Organisation
Payhippo
Status
Open
Type
Working Capital
Amount
NGN 50,000 – 10,000,000
Size
Small
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Description

Payhippo is a Nigerian digital lender that targets small merchants with short-term working capital loans delivered through WhatsApp and a simplified mobile application. The company is part of the new generation of Nigerian fintechs experimenting with messaging-channel-based loan origination and underwriting, addressing the friction of app-based onboarding for less tech-savvy merchants.

Focus Sectors

SME, Working Capital, Merchant Lending

Source: Payhippo