Nigerian fintech Payhippo rebrands as Rivy, raises $4 million for clean energy financing

Payhippo, a Nigerian fintech that formerly provided SME loans, has rebranded as Rivy and raised $4 million in a pre-Series A round to focus on its clean energy financing business. The funding—split evenly between $2 million in debt and $2 million in equity—will help the company expand beyond Nigeria with its clean energy financing solutions for businesses.

EchoVC, a Nigerian venture…