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