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Top 5 Financial Services Startup Investors in Ethiopia (June 2026)

The most active venture capital funds and angel investors investing in Ethiopia Financial Services startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Ethiopia Financial Services startup companies. Find investors to raise a Pre-Seed, Series A or Debt Financing round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Finnfund
VC Fund
1 Kenya, India, South Africa Debt Financing, Series B Financial Services, Energy, FinTech $2.7M–$135M
KFW DEG
VC Fund
1 India, Kenya, United States Debt Financing, Grant Financial Services, Energy, FinTech $100k–$350M
European Investment Bank
VC Fund
1 France, Germany, The Netherlands Debt Financing, Post-IPO Debt Biotechnology, Health Care, Energy $11M–$603M
Nigerian Exchange Group
VC Fund
1 Ethiopia Series A Financial Services
Faisal Alabdelsalam
Angel
1 Egypt, Saudi Arabia, Ethiopia Seed, Pre-Seed, Series A E-Commerce, Information Technology, Mobile Apps $150k–$2M
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Finnfund
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Ethiopia Financial Services startups

Finnfund is a Finnish development finance company that provides long-term risk capital for private projects in developing countries. Apart from co-investing with Finnish companies they can finance ventures that use Finnish technology, cooperate with Finnish partners on a long-term basis or generate major environmental or social benefits.

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Investment focus

  • Industry: Financial Services, Energy, FinTech
  • Stage:Debt Financing, Series B
  • Geography: Kenya, India, South Africa

Investor stats

  • Total investments: 66
  • Round size: Series B $5M–$41M; Debt Financing $2.7M–$135M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Igloo — As a top insurtech company, Igloo makes insurance easy across Southeast Asia by working with reputable insurers and distribution partners.
  • Mobisol — We transform lives through solar energy access. Our solar home systems and mini-grids benefit millions of people in Sub-Saharan Africa.
  • Cassava Technologies — Cassava Technologies is an innovative technology company encompassing fiber networks, data centers, renewable energy, cloud & cybersecurity.
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KFW DEG
VC Fund · Cologne, Nordrhein-Westfalen, Germany · 1 investments in Ethiopia Financial Services startups

KFW DEG offers financing, advice and support to private sector enterprises operating in developing and emerging-market countries. Their customers can rely on their expertise: They can benefit from their market knowledge, their 21 locations worldwide, and their international network. For entrepreneurial success and development.

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Investment focus

  • Industry: Financial Services, Energy, FinTech
  • Stage:Debt Financing, Grant
  • Geography: India, Kenya, United States

Investor stats

  • Total investments: 107
  • Round size: Grant $100k–$1.1M; Debt Financing $10M–$350M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Oze — OZÉ brings African small businesses into the digital era. It is an app that makes it easy for businesses to track sales, expenses, and customer information. The data is analyzed to provide tailored recommendations, reports, and business education. If the entrepreneur needs a little extra support, an OZÉ Coach is just a click away. As they are usingOZÉ to manage their business and learn how to run it better, we are learning about them. Using this data and machine learning, we can predict their credit risk and provide them with affordable capital from our banking partners. With over 20,000 registered users, OZÉ is the largest online community of SMEs in Ghana. The most exciting thing is that OZÉ works; 97% of businesses that have used OZE for at least 9 months are growing or profitable or both!
  • Atome Energy — Atome Energy is the green hydrogen and ammonia project development company to create a greener, cleaner environment.
  • IPT PowerTech — IPT PowerTech coverage, coupled with our extensive expertise in supply chain management, field implementation, and power systems, has made us one of the most capable companies in handling the most complicated and versatile projects in the MEA region and its neighboring countries.
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European Investment Bank
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Ethiopia Financial Services startups

The European Investment Bank (EIB) offers lending, borrowing, and treasury services primarily within the European Union. It provides project loans for public and private sectors, loans to banks and intermediaries, structured finance products, guarantees, and securitization instruments for debts. Additionally, EIB offers equity and fund investmentproducts, including infrastructure and environmental funds, as well as venture capital funds. EIB also supports microfinance and risk-sharing finance for research and innovation, and provides technical expertise for sustainable energy projects. Its services include infrastructure advisory, urban development support, guarantees for transport infrastructure, and funding for public-private partnerships and small- to medium-sized enterprises. The bank serves various sectors, including transportation, energy, health, education, and agriculture.

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Investment focus

  • Industry: Biotechnology, Health Care, Energy
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: France, Germany, The Netherlands

Investor stats

  • Total investments: 324
  • Round size: Post-IPO Debt $11M–$603M; Debt Financing $15M–$384M
  • Lead/follow: 79% lead, 21% follow

Portfolio highlights

  • Affibody — Affibody is a Swedish biotech company focused on developing next generation products for therapy, diagnostic imaging, and other applications based on its unique proprietary technology platforms: Affibody® molecules and Albumod™.Affibody® molecules, which are small, robust and easily produced, can be designed to bind specifically to a largenumber of target proteins. They have a broad range of applications including protein purification, enzyme inhibition, research reagents for protein capture and detection, diagnostics, including molecular imaging, and targeted therapeutics.
  • Icosagen Group — Icosagen is an end-to-end Contract Research, Development & Manufacturing Organization. A science-driven partner for antibody, protein & biologics solutions.
  • IPT PowerTech — IPT PowerTech coverage, coupled with our extensive expertise in supply chain management, field implementation, and power systems, has made us one of the most capable companies in handling the most complicated and versatile projects in the MEA region and its neighboring countries.
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Nigerian Exchange Group
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Ethiopia Financial Services startups

Nigerian Exchange Group focuses on listing and trading securities, licensing, market data solutions, and ancillary technology services.

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Investment focus

  • Industry: Financial Services
  • Stage:Series A
  • Geography: Ethiopia

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Ethiopian Securities Exchange — Ethiopia's first organized securities exchange.
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Faisal Alabdelsalam
Angel · Riyadh, Ar Riyad, Saudi Arabia · 1 investments in Ethiopia Financial Services startups

Faisal Alabdelsalam is the Founder and CEO of Zetta Technologies. He previously worked at STC as a Database Manager. Faisal Alabdelsalam attended King Saud University.

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Investment focus

  • Industry: E-Commerce, Information Technology, Mobile Apps
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Egypt, Saudi Arabia, Ethiopia

Investor stats

  • Total investments: 13
  • Round size: Seed $150k–$2M; Pre-Seed $300k–$1M
  • Lead/follow: 62% lead, 38% follow

Portfolio highlights

  • VOO — VOO helps SMEs to increase their delivery success rate by providing one platform to manage deliveries , one API integration which connect businesses to a large network of national and international shipping providers , we are "Your E-Commerce Growth Partner"
  • SIDEUP — SIDEUP provides you with all the necessary tools to grow your business through a hassle-free experience from local and global logistics support, storage services, and innovative and real-time dashboards.
  • T7D Gaming
Show all investments...

Financial Services Investor funding in Ethiopia at a glance

Stats across 4 deals from 5 investors.

5
investors
in Ethiopia Financial Services startups
4
deals
in Ethiopia Financial Services startups
$4M
median round
in Ethiopia Financial Services startups
60%
lead investors
lead at least one round
25%
Seed
most common funding stage
100/0
VC / Angel
share of investor count

Access all 5 investors in Ethiopia Financial Services startups.

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