Company Overview
Rivy operates a marketplace model. It connects over 250 vetted solar vendors and installers with businesses seeking to transition to cleaner energy sources. Crucially, Rivy provides the necessary financing, allowing businesses to overcome the significant upfront costs associated with solar installations.
Company History
Rivy (Payhippo) was founded in 2019. Public founder information in the source set points to Dami Olawoye, Chioma Okotcha, Uche Nnadi. Its latest captured funding/news event in the source set was in 2025, recorded as Pre-Series A.
Key Facts
| Country | Nigeria |
| Founded | 2019 |
| Founders | Dami Olawoye, Chioma Okotcha, Uche Nnadi |
| Sector | Finance |
| Operational Status | Appears active |
| Latest Round | Pre-Series A, 2025, $4M |
| Total Disclosed Funding | $4M |
| Website | https://payhippo.ng/ |
Business Model
Rivy (Payhippo) appears to operate a product-led business model in the Finance sector. Based on public descriptions, it generates value through technology-enabled services, software, marketplace access, operations, or financial infrastructure.
Products and Services
- Credit and lending tools
- Financial data services
- Business payments
- Risk or KYC workflows
Funding and Market Position
Public deal records in the source set show 1 disclosed funding event(s), with about $4M captured in total. The most recent event is recorded as Pre-Series A, 2025, $4M.
Contact Information
The most reliable public contact channel in the source set is the official website: https://payhippo.ng/. Public phone numbers and public support emails were not consistently available at scale, so the website/contact form is the best public route.
Company Location
Operational Status
Latest public funding/news source in 2025 suggests the startup was operating at that time. Status recorded here is a best-effort assessment as of March 21, 2026.
Why This Startup Matters
As a Nigerian startup in the Finance space, Rivy (Payhippo) matters because it addresses local market problems with a scalable digital product or operational model.
Sources
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