Sivo

Sivo operates as a debt-as-a-service provider, offering an API and risk protocol that empowers fintech companies, neobanks, and gig economy platforms to extend credit to their users at scale. This innovative solution eliminates the need for these businesses to independently raise debt capital, a process that can typically take up to two years. Sivo effectively functions as a "Stripe for Debt," streamlining access to lending capabilities. Founded six months prior to the provided information, Sivo had already secured a $100 million debt capital partnership and was preparing to launch its API. The company reported a robust customer pipeline exceeding 100 businesses, including prominent names like Uber. Sivo's rapid progress is attributed to its experienced team, which possesses a track record of successful exits and extensive expertise in risk management, debt financing, and enterprise software development, garnered from leading organizations such as Goldman Sachs, Revolut, NASA, McKinsey, and Citigroup.