Tech Company Financing Transactions
Pivo Funding Round
Pivo, based in Middletown, raised $2 million in funding from FoundersX Ventures, Precursor Ventures and VestedWorld.
Transaction Overview
Company Name
Announced On
11/24/2022
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Proceeds Purpose
It intends to use the financing to upgrade existing products, build new ones, hire talent and expand outside of Lagos, its first market and other African countries, particularly in East Africa.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
651 N Broad St 206
Middletown, 19709
DE
Middletown, 19709
DE
Phone
Website
Email Address
Overview
We are building the financial services platform to power Supply Chains across africa. Our working capital loans gives you the opportunity to deliver service to your customers without having to break the bank. Pivo provides financing based on your existing customer contract and transaction data, without any collateral. Businesses use Pivo to setup a corporate account, access credit for business loans and manage their finances all in one simple application. No set up fees, minimum balance maintenance or ridiculous requirements.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nkiru Emina
Co-Founder
Ijeoma Akwiwu
Browse more venture capital transactions:
Prev: 11/24/2022: Atoa Payments venture capital transaction
Next: 11/25/2022: Matrixport Technologies venture capital transaction
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Where The Data Comes From
We do our best to document all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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