Hyves
Industry: Banking / Financial Services We are a SaaS ERP platform powering Cooperatives as alternative financing for SMEs in Nigeria. Cooperatives serve as the alternative vehicle for 40million SME businesses in Nigeria that do not have access to finance from the banks. With Cooperatives, SME financing is 300%-400% cheaper than the banks. The challenge has always been that the Cooperative (as a body) are manually operated with poor documentation, making them risky to access (cheaper) finance. With Hyves, we automate all the unique Cooperative processes and structure all documentations (for regulatory purposes, financial reporting, data analysis, KYC, investment and financing) ensuring efficiency and a platform for scaling the Cooperative.
Check your readiness & prepare with AI
Sign in to draft your materials for this opportunity →