Pivo, Nigerian Fintech Startup Shuts Down after Raising $2m

Pivo raised funds in a seed round from Y Combinator, Ventures Platform, Mercy Corp Ventures, and over 15 other investors and provided banking services to small haulage and logistics companies operating in Nigeria’s supply chain

The company was founded in July 2021 by Nkiru Amadi-Emina, the CEO, and Ijeoma Akwiwu, the COO. It provided banking services to small haulage and logistics companies operating in Nigeria’s supply chain.