Liquify Gets $1.5M to Offer Invoice Financing to African Exporters
TLDR
- Ghana-based fintech Liquify has raised a US$1.5 million seed round to scale its digital invoice finance platform aimed at African SME exporters
- The round was led by Future Africa, with participation from Launch Africa, 54 Collective, Digital Africa, Equitable Ventures, and strategic angels
- Since its beta launch in late 2024, the platform has processed over 150 transactions totaling $4 million in invoice volume
Ghana-based fintech Liquify has raised a S$1.5 million seed round to scale its digital invoice finance platform aimed at African SME exporters. The round was led by Future Africa, with participation from Launch Africa, 54 Collective, Digital Africa, Equitable Ventures, and strategic angels. Liquify also secured extended debt backing from Emerald Africa.
Founded in 2023 by Nadya Yaremenko and Alberta Asafo-Asamoah, Liquify operates an end-to-end platform that allows African SMEs to convert export invoices into working capital. The solution automates onboarding, KYC/AML, credit checks, and investor settlement, enabling exporters to receive payments within hours.
Since its beta launch in late 2024, the platform has processed over 150 transactions totaling $4 million in invoice volume. Liquify aims to close a portion of Africa’s $120 billion trade finance gap by connecting local exporters to global capital seeking low-correlation short-term assets.
The new funding will be used to expand Liquify’s operations across Sub-Saharan Africa, enhance its AI-powered due diligence and credit engines, and scale hiring across product and customer success teams.
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Key Takeaways
Liquidity constraints are one of the biggest barriers facing Africa’s SME exporters, many of whom wait up to 90 days for payment after shipping goods. Liquify’s platform offers an alternative by converting outstanding invoices into same-day capital. This is critical in a continent where traditional trade finance is limited, banks are risk-averse, and working capital is scarce. By targeting this gap, Liquify not only provides exporters with operational cash flow but also offers institutional investors a new low-risk asset class backed by real-world trade flows. With $4 million already financed in less than a year, and AI-driven due diligence to streamline investor confidence, the startup is positioning itself at the intersection of fintech, trade, and capital markets. The seed round validates the business model and gives Liquify runway to scale into other high-potential markets, including Francophone West Africa. Liquify could play a pivotal role in reducing Africa’s $120 billion trade finance shortfall.
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