EchoVC Partners

Rivy is making it easier to finance small and medium sized businesses in Africa. There is a need for financing of $158 bn for SMEs in Nigeria alone. To start, Rivy o helps SMEs access and spend lender capital effectively. During their first full operational year in 2020, the Rivy o co--founders leveraged their domain expertise and founding experience to beat their 2020 goal by 50%.

Founded in 2018, MarketForce is a technology company based in the US, Kenya, and Nigeria. It operates an asset-light business model, providing a comprehensive B2B commerce and fintech platform, 'RejaReja', empowering African merchants to digitize their inventory sourcing, ordering, payments, and access financing. The platform also enables merchants to resell digital financial services like airtime and bill payments. MarketForce is operational in five Sub-Saharan African markets, serving over 200,000 merchants and 50 consumer brands.

Hotels.ng is an online travel agency based in Lagos, Nigeria, specializing in hotel bookings throughout the country. Founded in 2012, the platform enables clients to book hotel rooms online with ease. It offers comprehensive support and assistance, along with hotel recommendations and reviews, ensuring that customers have access to quality accommodations. By focusing on user experience, Hotels.ng aims to facilitate a smooth booking process, helping travelers find good, clean, and safe hotels across Nigeria.

Frontier Car Group is a Berlin-based startup focused on developing and operating used automotive marketplaces in emerging markets, including Nigeria, Mexico, Argentina, Colombia, Chile, Pakistan, and Indonesia. The company aims to simplify the process of buying and selling used cars through its online platform, which features a digital quote engine that provides instant pricing for vehicles. This technology not only enhances the efficiency of transactions but also facilitates quick vehicle inspections at designated locations. By leveraging innovative business models and infrastructure, Frontier Car Group is able to create value for all stakeholders involved in the used car market. Additionally, the company is engaged in joint ventures with OLX in India and Poland, further expanding its reach and impact in the automotive sector.

MyPadi is a leading real estate platform in Nigeria that specializes in connecting students with off-campus hostels and potential roommates. The platform provides a comprehensive array of resources, including photographs, video tours, pricing details, and roommate profiles, all sourced from verified landlords. By offering this information, MyPadi enables students to make informed decisions about their housing options near their educational institutions, streamlining the search process for suitable accommodation.

Frontier Car Group is a Berlin-based startup focused on developing and operating used automotive marketplaces in emerging markets, including Nigeria, Mexico, Argentina, Colombia, Chile, Pakistan, and Indonesia. The company aims to simplify the process of buying and selling used cars through its online platform, which features a digital quote engine that provides instant pricing for vehicles. This technology not only enhances the efficiency of transactions but also facilitates quick vehicle inspections at designated locations. By leveraging innovative business models and infrastructure, Frontier Car Group is able to create value for all stakeholders involved in the used car market. Additionally, the company is engaged in joint ventures with OLX in India and Poland, further expanding its reach and impact in the automotive sector.

Riby is a fintech company based in Lagos, Nigeria. It offers a digital platform that enables cooperatives, associations, micro businesses, and individuals to create, manage bank or mobile money accounts, and access financial services.

Hotels.ng is an online travel agency based in Lagos, Nigeria, specializing in hotel bookings throughout the country. Founded in 2012, the platform enables clients to book hotel rooms online with ease. It offers comprehensive support and assistance, along with hotel recommendations and reviews, ensuring that customers have access to quality accommodations. By focusing on user experience, Hotels.ng aims to facilitate a smooth booking process, helping travelers find good, clean, and safe hotels across Nigeria.