Woman-Owned Trade Financing Platform Secures $1.5M To Expand Across Africa
Liquify, a woman-owned trading finance platform, has secured $1.5 million in seed funding. Future Africa led the raise, with participation from Launch Africa Ventures, 54 Collective, Digital Africa, Equitable Ventures, and angel investors.
The Ghanaian company was founded by Nadya Yaremenko and Alberta Asafo-Asamoah in 2023 to connect small and medium-sized enterprises (SMEs) in Africa with global capital markets.
How does Liquify work?
The startup operates an invoice finance marketplace that connects African SME’s with global capital markets. Its platform exports allow exporters to turn unpaid invoices into same-day cash, and international investors can receive access to a new uncharted asset class, according to Condia.
On the supply side, the platform intentionally targets Institutional investors seeking market-leading returns on short-term, asset-backed investments, trade finance funds seeking entry into the African market with established local partners, development finance institutions focused on SME growth and financial inclusion, and corporate buyers aiming to strengthen their African supply chains through supplier financing.
The platform combines AI-powered credit scoring with environmental, social, and governance (ESG) integration, enabling African exporters to access working capital while demonstrating their commitment to sustainable practices.
The $1.5 million raise
The funding will enable the company to expand across Ghana, Nigeria, Kenya, and Côte d’Ivoire, while growing its Ghanaian operations team and enhancing its AI-driven platform capabilities.
“We built Liquify to unlock the $120 billion trade-finance gap holding back Africa’s most dynamic SMEs,” Yaremenko, Co-founder & CEO, said. This seed round, as well as the incredible people joining our team, validates our vision.”
Image: Techstars
