BUSINESS TECHNOLOGY MEDIA FOR AFRICA

Ghana’s Liquify raises $1.5m to bridge SME trade finance gap

By Phathisani Moyo, Senior contributor
Johannesburg, 03 Jul 2025
The Liquify team is confident that the close of a $1.5m oversubscribed seed round will supercharge the growth of its invoice financing platform across Africa.
The Liquify team is confident that the close of a $1.5m oversubscribed seed round will supercharge the growth of its invoice financing platform across Africa.

Ghana-based fintech start-up Liquify has raised $1.5 million in an oversubscribed seed round to accelerate its mission of unlocking trade finance for Africa’s underserved Small and Medium Enterprises (SMEs).

The round led by Future Africa, with participation from Launch Africa Ventures, 54 Collective, Digital Africa, and Equitable Ventures, marks a pivotal moment for Liquify as it positions itself at the intersection of fintech, trade, and AI innovation.

Co-founded in 2023 by Nadya Yaremenko and Alberta Asafo-Asamoah, the Ghanaian fintech startup provides an AI-powered digital invoice financing platform that enables exporters to convert unpaid invoices into working capital, often within 24 hours.

Yaremenko, co-founder and CEO, revealed that since launching its beta in late 2024, the Techstars-backed startup has financed over $4 million through over 150 transactions.

“We built Liquify to unlock the $120 billion trade finance gap holding back Africa’s most dynamic SMEs. This round validates our vision and brings in not just capital, but talent and strategic support to help us scale smarter and faster,” she said.

Liquify’s platform automates credit scoring, KYC/AML checks, and onboarding, allowing SMEs to access same-day liquidity and helping global investors tap into a low-correlation asset class. 

“Our AI due diligence engine is reducing approval times from weeks to just 1–2 days,” added Yaremenko.

The fresh capital will power Liquify’s expansion across Anglophone and Francophone Africa, with plans to grow its product, engineering, and customer success teams. The company is also doubling down on enhancing its AI-driven risk models to support faster, more inclusive financing.

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