Liquify, a Ghanaian female-led startup, raises $1.5 million seed to close Africa’s trade finance gap
- Liquify closed a $1.5 million seed funding round led by Future Africa.
- The funding round included participation from Launch Africa Ventures, 54 Collective, Digital Africa, and Equitable Ventures.
- Liquify aims to expand its operations across Ghana, Nigeria, Kenya, and Côte d’Ivoire.
Liquify's innovative approach to trade finance, particularly its focus on AI and ESG integration, positions it well to address the significant financing gap faced by African SMEs. The backing from reputable investors and the founders' strong backgrounds in finance further enhance its credibility and potential for success. However, the company must navigate the challenges of scaling operations in diverse markets while maintaining its commitment to sustainable practices.
