Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs - Business (2)

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Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs - Business (2) - Nairaland

Nairaland Forum / Nairaland / General / Business / Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs (16110 Views)

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Re: Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs by FisifunKododada: 5:08pm On Nov 03, 2021

Re: Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs by preacherz: 5:08pm On Nov 03, 2021

I’ve said it
Change every Government office holder from counselor to President to white people and watch Europeans que to come to Nigeria.

1 Like

Re: Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs by teegrams(m): 5:10pm On Nov 03, 2021

seed funding are funds given to startups by other successful business owners, investors etc in return for an equity stake in the startup

remi1444:
I'm curious about this seed funding thing. Is it like a grant or a loan to " assist" the new start up?

Re: Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs by techWriter3: 5:10pm On Nov 03, 2021

Na loan wey I no fit pay, I wan dey collect now.. Erm, need help with your assignment, project, thesis, or dissertation?

Re: Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs by remi1444: 5:15pm On Nov 03, 2021

teegrams:
seed funding are funds given to startups by other successful business owners, investors etc in return for an equity stake in the startup

Thank you.

Re: Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs by Akharmony: 5:42pm On Nov 03, 2021

i stand to b corrected. i have notice that most of this brilliant guru in the Tech industry are just naturally simple i notice most of them have less worries on things many pple are so obsessed about like good clothings, fancy this fancy that, with this amount of weatlh they control they still live a very simply life..... obi and Cuba should just pipe low jare

3 Likes

Re: Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs by Nobody: 5:57pm On Nov 03, 2021

preacherz:
I’ve said it
Change every Government office holder from counselor to President to white people and watch Europeans que to come to Nigeria.

I even want them to come and take over the leadership of this country. This are getting worse by the day in Nigeria

1 Like

Re: Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs by obinoral1179(m): 6:09pm On Nov 03, 2021

Annie001:
Nothing makes a loan nice to me
You will always be hooked into it, like collecting to another to pay back

you are wrong, if you are a business person you need a loan to stay afloat unless if you arr using it for frivolities which is bad

1 Like

Re: Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs by obinoral1179(m): 6:12pm On Nov 03, 2021

FalseProphet1:
I see Nairaland chronic debtors rushing to Google play store to search for payhippo so that they can download the app and collect loans from them without paying back, I see the company folding up by next year as a result of having so many chronic debtors.

This I have seen.

Re: Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs by IbileIfe: 6:22pm On Nov 03, 2021

Another mobile loan app.
Nothing new.
No tech innovation.

Re: Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs by Donpaper: 6:25pm On Nov 03, 2021

Akharmony:
i stand to b corrected. i have notice that most of this brilliant guru in the Tech industry are just naturally simple i notice mostnof them have less worries on things many pple are obsessed about like good clothings, fancy this fancy that, with this amountnof weatlh they control they still live a very simply life..... obi and Cuba should just pipe low jare

True. You must understand the difference between the rich and the wealthy. The rich like some certain parts of this country, once they are in billions of naira or there about, they show off, buy cars and are flamboyant, and there is nothing wrong with it. While we have the innovators, they derive joy in solving a major world's problem, their initial idea was not to become wealthy but to solve a very big problem, so in solving that very big problem, they become very wealthy and they continue looking for more big problems to solve. For example, the money of Adenuga alone is a combination of many hundreds of billionaires in this country. While one is making noise because he has 50 billion naira, the other one needs a trillion naira to solve a major problem. So, the former has the time to show off because his initial idea is to be rich, while the latter ( who is wealthy), initial idea is to solve a big problem. As a result, you can't expect the latter to have time for show off.

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Re: Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs by Lxc1: 6:32pm On Nov 03, 2021

Re: Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs by Willie2015: 6:47pm On Nov 03, 2021

obinoral1179:
you are wrong, if you are a business person you need a loan to stay afloat unless if you arr using it for frivolities which is bad

As a business person, you may need loan to stay afloat..
But not a loan with outrageous interest rate...
At the end of the day, the business will collapse
Thats the is the sad story of most SMEs in Nigeria...

Re: Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs by Nobody: 6:54pm On Nov 03, 2021

Who else noticed that lcredit has been removed from Google play store?

Re: Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs by obinoral1179(m): 7:56pm On Nov 03, 2021

Willie2015:

As a business person, you may need loan to stay afloat..
But not a loan with outrageous interest rate...
At the end of the day, the business will collapse
Thats the is the sad story of most SMEs in Nigeria...

that is why you have to be calculative in getting the loanand align it with your goods or services.

Re: Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs by streetsoldier1(m): 11:02pm On Nov 03, 2021

Flier:
They are useless thieves,most of them give you loan with 35% interest,some of them 40%
Government need to close some of these apps if they can’t be regulated

This poster is right, this is an unregulated sector,some charge as much as 54% for 7 days tenor.... really pathetic.

Someone who needs loan is already in trouble, now add more trouble for 7 days, and from day 4, this people will start defending their clients

2 Likes

Re: Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs by Smartikc(m): 11:27am On Nov 04, 2021

Abeg how much una dey give ,make use am fill gas take cook joor wink

so una still remain self cheesy

Re: Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs by Smartikc(m): 11:31am On Nov 04, 2021

streetsoldier1:

This poster is right, this is an unregulated sector,some charge as much as 54% for 7 days tenor.... really pathetic.

Someone who needs loan is already in trouble, now add more trouble for 7 days, and from day 4, this people will start defending their clients

hope say u collect this money,abeg if u no collect am come make we share am by collecting it

Re: Payhippo Raises $3 Million In Seed Funding To Extend Quick Loans To SMEs by streetsoldier1(m): 2:09pm On Nov 04, 2021

Smartikc:
hope say u collect this money,abeg if u no collect am come make we share am by collecting it

God forbid, how person go collect that kain thing

1 Like

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