Ghana's Liquify Raises $1.5M to Digitize Trade Finance for African Exporters
Ghanaian fintech startup Liquify has secured —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.
Africa’s trade finance gap sits at an estimated $120 billion annually, disproportionately affecting small and medium-sized exporters.
Liquify’s AI-powered invoice financing platform is aiming to fill that gap by helping exporters turn unpaid invoices into same-day cash.
- Liquify claims to cut both time and cost to a fraction, making financing accessible for smaller players, especially in agriculture and commodities.
“This seed round, along with the exceptional people joining our team, validates our vision,” said Nadya Yaremenko, co-founder and CEO. “We’re building a digital rails system for African trade.”
Liquify plans to scale its operations across more African markets and deepen relationships with global institutional investors to fund even more trade deals.
Source: Lucidity Insights