Ghana’s Liquify Raises $1.5M to Digitize Trade Finance for African Exporters
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3 Articles
Liquify’s $1.5M Raise Targets Faster Invoice Payments for African Exporters
Ghana-based fintech startup Liquify has secured $1.5 million in seed funding to support its mission of easing cash flow challenges for African SME exporters. The funding round, which was oversubscribed, aims to help close Africa’s estimated $120 billion trade finance gap.“The average bank process takes over 10 days and costs more than USD 10 K to serve a single SME,” said co-founder and CEO Nadya Yaremenko. “We bring that down to a fraction of t…
Ghana’s Liquify Bags USD 1.5 M Seed To Turn Slow Trade Into Fast Money
In much of Africa, trade isn’t held back by a lack of goods or buyers but stalled by cash flow. Exporters ship products, then wait 30, 60, sometimes 90 days to get paid. Banks, when they show up at all, take weeks to process financing and charge fees that make it unworkable for small firms. Ghanaian startup Liquify is betting that this friction can be abstracted, standardised, and sold as a scalable asset class. The company just raised USD 1.5 M…
Ghana’s Liquify Raises $1.5M to Digitize Trade Finance for African Exporters
Ghanaian fintech startup Liquify has secured $1.5 million in seed equity funding—plus additional debt financing—to modernize trade finance for African SMEs. The round was led by Future Africa and included Launch Africa, 54 Collective, Digital Africa, Equitable Ventures, and angel investors. Impact lender Emerald Africa also provided a debt facility to boost liquidity. Why it […] The post Ghana’s Liquify Raises $1.5M to Digitize Trade Finance for…
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