# Sivo

> Sivo is a debt-as-a-service platform that lets fintechs, neobanks and platforms lend money to their users at scale without raising their own debt capital. Founded by serial operator Kate Hiscox and part of Y Combinator's Winter 2021 batch, Sivo pitches itself as a 'Stripe for debt' - turning a debt facility that traditionally takes months to close into an API call. It has since expanded into instant payouts, embedded capital, and tokenized real-world receivables.

- **Founded:** 2020
- **Headquarters:** San Francisco, United States
- **Founders:** Kate Hiscox (Co-Founder & CEO), Dani Conejo Rico (Co-Founder)
- **Team size:** ~15-39 employees
- **Products:** Debt as a Service (DaaS), Sivo Advance, Sivo Embed, Sivo DeFi, Sivo Exchange
- **Notable:** First Y Combinator company building debt-as-a-service (per founder)., ~$4 billion in demand and $1.5 billion in signed term sheets within roughly three months of launch., Raised a $5M seed at a $100M post-money valuation.

## Products & services

- **Debt as a Service (DaaS)** — APIs that let fintechs, neobanks and platforms access programmable debt capital and lend at scale, with interest-only revolving lines and leverage that expands as KPIs are met.
- **Sivo Advance** — Instant payouts for gig workers, merchants, creators and others with verifiable income - access money you've already earned without waiting.
- **Sivo Embed** — Embedded capital APIs that let platforms unlock cash flow for their users directly inside their own product.
- **Sivo DeFi** — Tokenized receivables offering collateral-backed yields for institutions and individuals.
- **Sivo Exchange** — An exchange built with Nasdaq and Solana for trading tokenized real-world receivables.

## Achievements

- First Y Combinator company building debt-as-a-service (per founder).
- ~$4 billion in demand and $1.5 billion in signed term sheets within roughly three months of launch.
- Raised a $5M seed at a $100M post-money valuation.
- 600+ originators reported in onboarding pipeline in its first year.
- Expanded into instant payouts, embedded capital, and a tokenized-receivables exchange built with Nasdaq and Solana.

## Latest updates

- **2025** — Launched Sivo Exchange, an exchange for trading tokenized real-world receivables, built with Nasdaq and Solana.
- **2024** — Broadened product line to instant payouts (Sivo Advance), embedded capital (Sivo Embed) and tokenized yield (Sivo DeFi).
- **2022** — Announced embedded lending partnership with loan-servicing platform Canopy.

## Links

- Website: https://sivo.com
- LinkedIn: https://www.linkedin.com/company/headlessfinance
- Twitter/X: https://twitter.com/headlessfinance
- Facebook: https://www.facebook.com/headlessfinance

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Profile page: https://yespress.io/sivo-yc-w21
Published by YesPress — https://yespress.io
Last updated: 2026-07-30