Sivo

Sivo operates a debt capital and embedded finance platform that converts pending or future payment streams into immediate liquidity. Its stated model is "debt as a service": an API and risk protocol that allows fintechs, neobanks and gig platforms to lend to their own users at scale without independently raising debt facilities, a process the company describes as otherwise taking up to two years. The company positions itself as infrastructure rather than a traditional credit fund, with programmatic access to capital through APIs and flexible funding models.

The product line spans several offerings. Sivo Advance turns pending payouts into instant cash and provides advances against future payments for drivers, couriers, merchants, creators, real estate agents, card-accepting businesses and others with verifiable payout streams, including advances against Stripe and Google/YouTube payouts, subscriptions (up to a year of future recurring revenue), invoices and realtor commissions; the invoice product is described as launching first in Mexico for markets with government-mandated electronic invoicing (CFDI), and the realtor commission product as launching in the United States and Canada. Sivo's Debt-as-a-Service product provides interest-only revolving facilities with programmatic draws and repayments, with support for seven currencies and term sheets generated in minutes. Sivo Embed offers APIs for platforms — gig platforms, marketplaces and ecommerce platforms, point-of-sale systems, booking platforms and vertical SaaS providers — to embed liquidity into payment flows, supported by two financing structures: interest-only revolving capital and direct purchases of receivables. An accounts receivable product advances against approved invoices and is described as exclusive to Y Combinator companies. Sivo Debt Markets is described as an exchange for real-world receivables built with Nasdaq on Solana, offering collateral- or insurance-backed short-duration receivables with API and MCP integrations.

Onboarding is described as self-serve: applicants chat with an AI to apply for capital, verify their business by connecting apps and accounts, receive an instant funding decision with pricing and facility terms, and unlock larger debt facilities by hitting performance milestones, with an AI account manager available for questions and reporting.

Founding story

Co-founder Kate Hiscox, originally from the UK and based in Vancouver, describes Sivo as her sixth company after 15-plus years of company building, with prior exits including an IPO on the TSX-V at a nine-figure post-listing valuation. Co-founder Dani Conejo Rico, based in Vancouver and Mexico City, cites a focus on intuitive digital products and ending predatory lending. The founding team is described as having previous exits and decades of experience in risk, debt and enterprise software at companies including Goldman Sachs, Revolut, NASA, McKinsey and Citigroup.

Business model

Sivo supplies debt capital and credit infrastructure to fintechs, platforms and end users through two core financing structures: interest-only revolving debt facilities with programmatic draws and repayments, and direct purchases of receivables that provide liquidity against deterministic payment flows. Platforms embedding Sivo can price their own services on top of Sivo's capital or participate in revenue share on funded receivables, creating new revenue streams for the platform.

Revenue is tied to lending economics: interest on revolving debt facilities drawn by fintechs and platforms, and the purchase of receivables at a discount to face value, with partner platforms able to price on top of Sivo's capital or share in the economics of funded receivables.

Traction

Y Combinator's profile lists a team size of 15 and Active status. At the time of its YC profile write-up, the company said it had signed a $100 million debt capital partnership in March, planned an April API launch, and had more than 100 companies in its customer pipeline, including Uber. Named customers quoted on the company's site include RentFlow (USA), Cobre (Mexico) and Kintai (Spain).

Latest developments

Sivo's site describes Sivo Debt Markets, an exchange for real-world receivables built with Nasdaq on Solana, offering collateral- or insurance-backed short-duration receivables through APIs and MCP integrations. Additional products listed as coming soon include invoice advances launching first in Mexico for CFDI electronic invoicing, and realtor commission advances of up to 90 days launching in the United States and Canada. An invoice advance program is offered exclusively to Y Combinator companies.