Payhippo
YC S21Lagos, NG · Founded 2019 · Delaware corporation · 11 employees · 6 known investors
Payhippo offers fast lending to small businesses across Africa, with particular focus on Nigeria.
Founders & leadership· Y Combinator alumni (S21)
Payhippo was founded in 2019 by Zach Bijesse and Chioma Okotcha.
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Zach Bijessein𝕏FounderZach Bijesse worked as a weight loss specialist during undergraduate studies and developed a mobile health application. He subsequently taught in Manhattan and engaged in advocacy work.
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Chioma Okotchain𝕏FounderFounder of Payhippo, which provides fast lending to small businesses across Africa with focus on Nigeria.
Investors · 6
Century Oak VenturesDubai · $250K – $2.6Mvia Quoc Phong Dang · inferred
HoaQ$25K – $350K
Y CombinatorSan Francisco · $500K
All Onreported
EchoVCreportedPort Louis
Also in the syndicate · 1
EchoVC Eco
Funding
SEC filings, press & company announcements$5.3M disclosed across 4 rounds · 2020–2025
▶$1.2MraisedSep 2021 · 25 investors · Other TechnologyRule 506(b)
▶$1.2MraisedSep 2021 · 25 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Zach BijesseExecutive Officer, Director
- Offering amount
- $3M
- Amount sold
- $1.2M
- Minimum investment
- $10K
- First sale
- Aug 2021
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
▶$24KraisedApr 2021 · 5 investors · Other TechnologyRule 506(b)
▶$24KraisedApr 2021 · 5 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Zach BijesseExecutive Officer, Director
- Offering amount
- $600K
- Amount sold
- $24K
- Minimum investment
- $3K
- First sale
- Apr 2021
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
▶$27.1KraisedDec 2020 · 5 investors · Other Technology
▶$27.1KraisedDec 2020 · 5 investors · Other Technology
Officers, directors & promoters on the filing
- UCHECHUKWU NNADIExecutive Officer, Director
- CHIOMA RUKY OKOTCHAExecutive Officer, Director
- ZACHARY WILLIAM BIJESSEExecutive Officer, Director
- Offering amount
- $27.1K
- Amount sold
- $27.1K
- Minimum investment
- $500
- First sale
- Feb 2020
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 04
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does Payhippo do?
- Payhippo offers fast lending to small businesses across Africa, with particular focus on Nigeria.
- Who founded Payhippo?
- Payhippo was founded by Zach Bijesse, Chioma Okotcha in 2019.
- Who are Payhippo's investors?
- Payhippo's investors include Century Oak Ventures, HoaQ, Y Combinator, All On, EchoVC.
- How much funding has Payhippo raised?
- Payhippo has disclosed $5.3M raised across 4 rounds.
- Where is Payhippo headquartered?
- Payhippo is headquartered in Lagos, NG.