How much funding has Rivy raised?

Rivy has raised $8.0M in total funding, most recently a Extension Round.

Who are Rivy's investors?

Rivy's investors include Ventures Platform, DFS Lab, Mercy Corps Ventures, Alexia Ventures.

Where is Rivy headquartered?

Rivy is headquartered in Lagos, Nigeria.

What industry is Rivy in?

Rivy operates in Climate Tech, Fintech.

Rivy

A World Where Energy Flows For All

Lagos, Nigeria · Founded 2019 · $8.0M raised

Climate Tech

Fintech

Headquarters: Lagos
Employees: 11–50
Founded: 2019
Business Model: B2C

Website: rivy.co
Total Funding: $8.0M
Last Round: $4.0M Extension RoundMar 2026
Rounds: 3

About

Rivy (formerly Payhippo) is a Nigerian climate finance company building fast, fair, and flexible financial infrastructure to power easy access to clean energy across Nigeria and beyond. The company offers solar finance, EV finance, energy certificates (carbon finance), and an online store for clean energy equipment. Rivy has disbursed over ₦45 billion in loans, approved 39,000+ loans, serves 6,000 platform users, and has avoided 3,000 tons of CO2 emissions. Investors include Y Combinator, Echo VC, Mercy Corps Ventures, and Allon. The company rebranded from Payhippo and pivoted to clean energy financing after securing $4 million in funding in March 2025.

Summary

Rivy is a Climate Tech company based in Lagos, Nigeria, founded in 2019. It has raised $8.0M in total across 3 rounds, most recently a $4.0M Extension Round round in Mar 2026. Investors include Ventures Platform, DFS Lab and Mercy Corps Ventures.