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Rivy
Rivy is an asset manager; the Altss profile covers its classification, headquarters, registration, AUM band, and key contacts for private-markets fundraising...
Rivy
Access flexible financing for solar energy projects with Rivy. Power homes, businesses, and communities with clean, affordable energy.
General information
Firm type
Asset Manager
Location
Region
Africa
Country
Nigeria
Principals
Dami Olawoye
Chief Executive Officer
Chioma Okotcha-Faloughi
Chief Operating Officer
Sector focus
Frequently asked questions
What is Rivy's geographic and customer exposure?
All observable activity is concentrated in Nigeria, with customer testimonials referencing users in Aba, Calabar, Kaduna, Benin City, and Owerri. The firm serves solar vendors and installers, small-business owners, micro-grid contractors, and homeowners. There is no public evidence of operations outside Nigeria.
Does Rivy securitize or sell down its solar-loan receivables?
Rivy's public materials do not reference off-balance-sheet structures, forward-flow agreements, or asset-backed securitizations. The firm presents itself as a direct lender holding its own credit exposure, but this warrants confirmation during due diligence.
How does Rivy generate revenue beyond loan interest?
Rivy's website identifies three additional revenue channels: inventory finance for equipment vendors, a hardware marketplace called EnergyStack, and energy certificates that monetize avoided carbon emissions. This triple-stack model differentiates it from single-product solar financiers.
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