Ghanaian startup, Liquify, successfully secures an oversubscribed $1.5 million seed funding round for its invoice financing service.
In a bid to address the $120 billion trade finance gap in Africa, Ghanaian startup Liquify has launched an innovative digital, AI-powered invoice financing platform for African SME exporters. This groundbreaking initiative aims to provide a solution to the long payment cycles common in African trade, which often hinder SMEs' cash flow and growth.
Liquify's platform allows exporters to convert their unpaid export invoices into immediate working capital. The process is streamlined, with the system automating onboarding, Know Your Customer (KYC), anti-money laundering (AML), credit checks, and settlement using AI-driven risk engines. This approach ensures that exporters receive their payments within hours or the same day, rather than waiting for manual, lengthy bank processes.
The startup's recent seed equity funding round, led by Future Africa, raised US$1.5 million. This funding will be used to support platform growth, with Liquify planning to hire across product, technology, and customer-success teams. The extended debt facility from Emerald Africa further bolsters Liquify's liquidity and flexibility.
By digitizing and accelerating invoice financing, Liquify not only provides predictable and affordable liquidity to SMEs but also opens new investment opportunities for global investors. The fintech connects African SMEs with global capital markets, enabling investors to access short-term, low-correlation financial assets by buying trade receivables that Liquify transforms into a diversified, financeable asset class.
Since launching its beta in late 2024, Liquify has facilitated over 150 transactions worth more than US$4 million. The startup, which initially focuses on Ghana and Kenya, plans to expand into other African markets such as Nigeria.
Liquify's co-founder and CEO, Nadya Yaremenko, emphasizes that the fintech is "unlocking cash trapped in unpaid invoices" and aims to help SMEs not just survive but thrive by providing fast, reliable access to working capital—bridging a major gap that traditional banks and financing methods have failed to close effectively in Africa.
With this latest funding, Liquify plans to scale its Ghanaian hub and accelerate product innovation, including AI-driven due-diligence, KYC/AML, and credit-scoring engines. This development promises to bring even more efficiency and accessibility to African SMEs, while providing global investors with a new untapped class of investment opportunities.
Angel investors could find attractive investment opportunities in Liquify, a Ghanaian fintech startup that specializes in technology-driven business solutions. By providing finance for African SME exporters through its AI-powered invoice financing platform, Liquify aims to address the trade finance gap in Africa and bridge the cash flow problems faced by SMEs.
