Rivy, the Nigerian fintech-turned-clean-energy champion, has officially launched EnergyStack, an online storefront designed to simplify access to high-quality, authentic solar equipment across Nigeria. The platform offers solar panels, batteries, inverters, and more—all vetted and sourced from trusted manufacturers and suppliers. Customers can purchase directly or opt for flexible financing plans.
This move marks a significant expansion of Rivy’s mission—from its origins enabling clean energy finance through a vendor marketplace to now also supplying the equipment itself. EnergyStack tackles a long-standing challenge in Nigeria’s solar market—widespread counterfeit and low-quality products—by ensuring only verified, original gear reaches customers.
Rivy began its journey in 2019 as Payhippo, founded by three tech-savvy entrepreneurs:
- Zach Bijesse (CEO)
- Chioma Okotcha-Faloughi (COO)
- Uche Nnadi (CTO)
The trio swiftly gained recognition, joining Y Combinator’s Summer 2021 cohort—a major milestone for their early-stage fintech venture.
Their rebrand to Rivy in 2025 signaled a strategic pivot toward clean energy financing, accompanied by a successful raised $4 million pre-Series A round (split equally between debt and equity), backed by EchoVC Eco and Shell’s All On.
Dami Olawoye transitioned from CFO to CEO, leading Rivy’s expansion into clean energy solutions while Chioma Okotcha, with a solid background in public policy and social impact, continues to drive operations and strategy as COO.
Numeris Media is official Media Partner to GITEX Nigeria x AI Everything Nigeria
[03 – 04 September, 2025 – Lagos]