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Top 50 Financial Services VC (Venture Capital) Funds in Africa in May 2026

A list of 50 VC (Venture Capital) funds that invest in Financial services startups based in Africa. We rank investors based on the number of investments they made in Financial services companies from Africa. We update this investor list every month.

Top 50 Financial Services VC (Venture Capital) Funds in Africa in May 2026

Investor Financial Services Africa investments
Launch Africa 30
Ventures Platform 28
Microtraction 27
Ingressive Capital 26
Future Africa 23
Musha Ventures 22
54 Collective 22
GreenHouse Capital 19
Kepple Africa Ventures 18
LoftyInc Capital 18
P1 Ventures 15
Mercy Corps Ventures 12
Flourish Ventures 12
4Di Capital 11
First circle capital 11
Accion Ventures 11
Digital Currency Group 11
CRE Venture Capital 10
Raba Partnership 10
Partech 10
UNCOVERED FUND 9
Voltron Capital 9
True Capital Management 9
Golden Palm Investments 9
Savannah Fund 9
Enza Capital 9
Ground Squirrel Ventures 8
Entrée Capital 8
Lateral Frontiers 8
Acumen 8
AfricInvest 8
Sherpa Africa Partners 8
Mercy Corps Ventures 7
BYLD 7
HAVAÍC 7
UW Ventures 7
Beta.Ventures 7
Soma Capital 7
Consonance Investment Managers 7
Target Global 7
Tencent 7
Hustle Fund 6
Allan Gray 6
Speedinvest 6
Future Perfect Ventures 6
Greycroft 6
Naspers Foundry 6
Zephyr Acorn 6
Quona Capital 6
VentureSouq 6

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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius

Launch Africa is a leading Pan-African VC fund solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa

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Investment focus

  • Financial Services, FinTech, Information Technology
  • Seed, Funding Round, Pre-Seed
  • Nigeria, South Africa, Kenya

Portfolio highlights

  • Zazuu — Zazuu is a platform for sending money across the border.
  • Gigmile — Gigmile provides financial services. They provide gig workers with core services and an affordable lease on productive assets that is tailored to their earnings to enable them to succeed in the mobility industry as entrepreneurs.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
Show all investments...

Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria

We back founders building the future of Africa. We invest in companies that solve for non-consumption, plug infrastructural gaps and democratise prosperity in Africa, by eliminating the barriers for access and reducing the costs of delivering goods and services.

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Investment focus

  • Financial Services, FinTech, Internet
  • Seed, Pre-Seed, Funding Round
  • Nigeria, United States, Kenya

Portfolio highlights

  • Raenest — Access Virtual Accounts, Invoicing, Multi-Currency Payouts, Auto Payroll, Accounting Integrations, and Virtual & Physical cards within minutes.
  • SEND — SEND manages the entire process of moving freight by air, ocean and road to and from Africa - including customs processes, trucking and warehousing. Our application provides instant quotes & bookings, document management, cost transparency, notifications and tracking for your cargo.
  • Remedial Health — We improve business to business access to medicines by providing such medicines from manufactures/registered distributors direct to large and small healthcare retail businesses (large pharmacies and remote chemist/PPMVs (Patent and Proprietary Medicine Vendors)) using technology to deliver just-in-time stock and provide financing and awide selection of inventory to such retail business.
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Microtraction
VC Fund · Lagos, Lagos, Nigeria

We invest in Africa's most remarkable teams with technical founders at the earliest stage of their venture

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Investment focus

  • Financial Services, FinTech, Software
  • Pre-Seed, Seed, Angel
  • Nigeria, United States, Ghana

Portfolio highlights

  • Paycrest — Paycrest decentralized payment routing protocol enabling secure conversion and settlement between stablecoins and fiat.
  • Accounteer — Accounteer is a cloud accounting platform for small businesses. Business owner can create invoices, track expenses and follow up on their finances with ease. Accounteer integrates with external services like banks, e-invoicing platforms and e-commerce. Future proof your business today by subscribing for a free Accounteer trial account.
  • LemFi — Send money to India, China, Pakistan, Nigeria, Ghana, Kenya and 30 other countries. Receive and manage your money without stress
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Ingressive Capital
VC Fund · Lagos, Lagos, Nigeria

Ingressive Capital is a renowned $50M Pan-African Venture Capital Fund that invests in indigenous founders and startups across Africa, with focus on Egypt, Ghana, Kenya, Morocco, and Nigeria. Specializing in early-stage investments, particularly Pre-Seed and Seed stages, it targets technology companies led by top-tier talent driving transformativegrowth in Africa's GDP. The firm's thesis focuses on B2C solutions that cater to the explosive growth within the tech-enabled, decentralized-learning youth demographic, as well as B2B solutions that increase Africa’s value chain ownership from resource extraction to end-product sale. Its goal is to become becoming a highly valuable VC partner on the founders' cap tables, and being at the forefront of supporting and enabling entrepreneurial success across Africa.

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Investment focus

  • Financial Services, FinTech, Information Technology
  • Pre-Seed, Seed, Series A
  • Nigeria, United States, Egypt

Portfolio highlights

  • Nowlun — Search for cheap & fast freight prices from all shipping lines.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Complete Farmer — Complete Farmer connects growers, buyers, and vendors with technology, support, and market access across Ghana and beyond.
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Future Africa
VC Fund · San Francisco, California, United States

Future Africa is a collective of mission-driven founders and funders building unicorns to solve Africa’s biggest challenges. They are build a future where purpose and prosperity are within everyone’s reach.

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Investment focus

  • Financial Services, FinTech, Information Technology
  • Seed, Pre-Seed, Series A
  • Nigeria, United States, Kenya

Portfolio highlights

  • Edves — Edves automates the brick and mortal School operations from Student enrollment, Fee Collection, Lesson Note up to Transcript Generation.
  • Finclusion Group — Enhancing financial inclusion in Sub-Saharan Africa through data driven lending.
  • Nexford University — Transform your career with affordable, flexible degrees and job skills designed for today's workforce. Skip debt and learn at your own pace with Nexford.
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Musha Ventures
VC Fund · New York, New York, United States

Seed capital for technology startups globally.

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Investment focus

  • Software, Financial Services, FinTech
  • Seed, Pre-Seed, Series A
  • United States, Nigeria, Kenya

Portfolio highlights

  • Regfyl — Powered by AI, Regfyl is the all-in-one fraud and compliance platform for financial institutions and fintechs. Regfyl allows these businesses to reduce costs and focus on higher value activities.
  • Flowcart — Sukhiba is a decentralized community-based commerce platform.
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
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54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa

Building and scaling African tech startups with catalytic capital, value-add support and our global network.

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Investment focus

  • Health Care, Information Technology, FinTech
  • Seed, Pre-Seed, Funding Round
  • Kenya, Nigeria, South Africa

Portfolio highlights

  • Billboxx — Manage payables, receivables, financing and banking in one platform.
  • mTek — mTek is a digital online insurance platform that provides an entirely paperless ecosystem for the insurance industry.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
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GreenHouse Capital
VC Fund · Ikeja, Lagos, Nigeria

GreenHouse Capital’s Founding Partners took their own fintech company Venture Garden Group (VGG) from a 7 employee, ₦30 million revenue startup to a 200 employees, ₦2 billion power house in just 4 years and raised an attention grabbing Series A round from Convergence Partners of South Africa. The uniqueness of their position was not lost on thefounders who then cultivated Garden Institute of Business Entrepreneurs (GIBE) to identify, incubate, and invest in young and innovative tech startups solving global challenges in Emerging Markets. GIBE was created to build a world class talent management hub for young and passionate entrepreneurs while creating a pool of technology inclined businesses and innovation oriented leaders.

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Investment focus

  • Financial Services, FinTech, Payments
  • Seed, Pre-Seed, Funding Round
  • Nigeria, Kenya, United States

Portfolio highlights

  • Credpal — Buy now, pay later. Split in 6.
  • Encore Pay — Encore Pay is a UAE-based FinTech and Payment solutions provider.
  • MarketForce — MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.
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Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan

We back exceptional founders in and from Africa who are addressing deep gaps between the status quo and the ideal.

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Investment focus

  • Financial Services, FinTech, Software
  • Seed, Pre-Seed, Funding Round
  • Nigeria, Kenya, Egypt

Portfolio highlights

  • Paps — Paps is a transport and logistics company that offers innovative distribution and delivery solutions to companies and merchants.The company's e-commerce platform helps companies and traders with scheduling and tracking deliveries on a real-time basis. It offers the distribution of documents and parcels, storage of goods in a secure warehousethat meets standards, and delivery of insured parcels in relay point or last mile. It also provides professional services such as management and repayment of cash on delivery, provision of couriers, management of returns, collection, and periodic reporting.The Dakar, Dakar, Senegal-based company was founded in 2016
  • Mvxchange — MVX makes freight shipping easier and more coordinated for companies of any size by bringing the whole booking and deployment process online. We simplify Africa’s end-to-end import and export trade transactions by aggregating and organizing 7+ services through 1 digital channel.
  • Intmax — INTMAX has developed significant innovations in ZK implementation making it a unique Layer2 rollup network that offers low cost, security, tunable privacy, and above all, scalability.
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LoftyInc Capital
VC Fund · Carmel, California, United States

LoftyInc Capital Management empowers Afropreneurs to build a prosperous and equitable future in Africa. We deliver value to both founders and investors.........

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Investment focus

  • Financial Services, FinTech, Software
  • Seed, Pre-Seed, Series A
  • United States, Nigeria, Egypt

Portfolio highlights

  • Aku — Aku is a financial technology to drive financial inclusion on one mobile device. They provide payments and bring financial services to the doorstep. They support the new business owner in need of the right tools. They offer low-cost, accessible financial services that serve their customers. They radically democratized access to banking and digitalpayment channels.
  • AlumUnite — AlumUnite is a purpose-built platform to connect all educated Africans to develop Africa's human capital through alumni groups. We crowd-resource education.
  • TechAdvance — Get the Bet9ja app today! Download and install to place bets, play casino games, and enjoy seamless, secure betting on mobile.
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P1 Ventures
VC Fund · San Francisco, California, United States

P1 Ventures works as a venture capital firm. They specialize in early-stage industrial technology firms in Africa.

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Investment focus

  • Financial Services, Software, Payments
  • Seed, Pre-Seed, Series B
  • Egypt, Kenya, United States

Portfolio highlights

  • Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
  • Paymee — Paymee offers a solution to facilitate payments.
  • Reliance Health — Reliance Health Global. Improve the lives of your staff with innovative company healthcare benefits fit for any business. You can rely on us.
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Mercy Corps Ventures
VC Fund · Portland, Oregon, United States

Mercy Corps Ventures invests in and catalyzes venture-led solutions to increase the resilience of underserved individuals and communities. Founded in 2015 as the impact investing arm of global development agency, Mercy Corps, supports over 57 early-stage ventures to scale and raise over $515 million in follow-on capital. Their portfolio centersaround resilience-building solutions in adaptive agriculture and food systems, inclusive climate fintech, and climate-smart technologies so that those living in frontier markets can withstand disruption and plan for the future. Through capital and support, piloting new approaches, action-oriented insights, and rigorously managing impact, they catalyze the ecosystem toward smarter, more impactful investments.

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Investment focus

  • Financial Services, FinTech, Agriculture
  • Seed, Pre-Seed, Series A
  • Kenya, United States, Colombia

Portfolio highlights

  • TAPPI — TAPPI is the leading association for the worldwide pulp, paper, packaging, and converting industries and publisher of Paper360º.
  • Blooms — Blooms provides trade finance and global payments solutions for LatAm produce exporters.
  • Ábaco — We're reinventing financial services with capital, payments & platform solutions so every growing company can reach their full potential.
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Flourish Ventures
VC Fund · Redwood City, California, United States

We are an early-stage global venture capital firm investing in fintech founders.

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Investment focus

  • FinTech, Financial Services, Finance
  • Series A, Series B, Seed
  • United States, India, Brazil

Portfolio highlights

  • CurbWaste — A software by haulers, for haulers
  • Reserv — We are a premier claims platform, born from state-of-the-art data intelligence and talent management technology.
  • CipherOwl Inc — CipherOwl delivers AI-powered digital asset intelligence and automation tools for institutions, helping banks, exchanges, and crypto teams manage risk, ensure compliance, and operate with confidence.
Show all investments...

4Di Capital
VC Fund · Cape Town, NA - South Africa, South Africa

4Di Capital is an independent seed- and early-stage technology venture capital firm based in Cape Town, South Africa.Nurture capital is the term that best describes 4Di Capitalâ€:tm:s purpose and philosophy.We understand that in the early days of any business, support, mentoring and access to networks is just as important as seed capital.Using tried and tested international venture capital best practices, adapted for local use, we believe in entrepreneur-friendly finance without frills, and in working as a team with our investments to achieve their true potential.4Di Capital Early-Stage Technology Fund 1 targets startup investment opportunities with high growth potential at the seed- and early-stages in the mobile, enterprise software and web sectors.We look for founder teams with hungry passion, commitment, domain expertise and deep insights into the large market problems they wish to solve with their technology solutions.

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Investment focus

  • Software, Financial Services, Mobile
  • Seed, Series A, Pre-Seed
  • South Africa, United States, Kenya

Portfolio highlights

  • Aerobotics — Powerful insights for precision growing and crop insurance
  • CompariSure — Custom, built-for-purpose service and sales chatbot solutions for financial services providers.
  • Happy Pay — Happy Pay is a credit scoring system developing company. The company integrates an autonomous artificial intelligence technology system with the merchant's platform to increase their average basket size and customer conversion metrics, providing users with buy now, and pay later services.
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First circle capital
VC Fund · Casablanca, Grand Casablanca, Morocco

First Circle Capital is a venture capital firm seeding the next fintech generation in Africa.

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Investment focus

  • Financial Services, FinTech, Finance
  • Pre-Seed, Seed, Funding Round
  • Nigeria, Egypt, United States

Portfolio highlights

  • PayTic — PayTic enables payments issuers to manage their card programs by providing dedicated back-office solutions that streamline the end-to-end operations in customer support, chargebacks, fraud, AML, reporting, and reconciliation. Our proprietary solutions are unique in automating and centralizing the program management processes, regardless of thenumber of processors and the payment networks involved in the payments products. We impact payments providers by eliminating the defragmented and manual processes and replacing them with a SaaS platform that increases proactivity, mitigates risks, and delivers value. It reduces the burn rate to near 0 in operational costs and offers an unprecedented competitive advantage. PayTic is introducing the Zero Ops model in managing payments.
  • Pumpkn — Need reliable funding? We provide quick loans and capital tailored for Agriculture businesses in South Africa. Grow your business with Pumpkn. Apply now!
  • Scale — Scale accelerates market entry and revenue for fintechs with a people-first approach.
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Accion Ventures
VC Fund · Washington, District of Columbia, United States

Accion Ventures is an investment strategy that today pursues early-stage investments as part of Accion Impact Management.

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Investment focus

  • Financial Services, FinTech, Finance
  • Seed, Series A, Funding Round
  • India, United States, Mexico

Portfolio highlights

  • Lami — Lami is an end-to-end digital insurance platform and API that enables companies across sectors to offer insurance products. Its API allows underwriters to connect with consumer-facing companies that can provide embedded insurance as a value add for existing customers, many of whom are uninsured.
  • Agrim Wholesale — Leading B2B platform for agricultural input retailers and suppliers.
  • Cashinvoice — Cashinvoice connects supply chain stakeholders and digitises invoice-to-cash processes to unlock working capital trapped within supply chains and accelerate business growth
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Digital Currency Group
VC Fund · Stamford, Connecticut, United States

We are the capital engine supporting emerging talent & crypto technology. On its mission to accelerate the development of a better financial system.

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Investment focus

  • Blockchain, Cryptocurrency, FinTech
  • Seed, Series A, Funding Round
  • United States, United Kingdom, Singapore

Portfolio highlights

  • Zabo — Zabo is an API for connecting to any crypto exchange, wallet, protocol or account. Sign up for access to free API keys at Zabo.com
  • Ballet — Ballet Crypto is a companion mobile app, which enables sending of cryptocurrency, checking market value and activating additional currencies. The use of the mobile app is completely optional, as you do not need it to receive and store your cryptocurrency safely.
  • FLock.io — FLock.io aims to build a decentralised privacy-preserving solution for Artificial Intelligence.
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CRE Venture Capital
VC Fund · New York, New York, United States

Founded in 2015, CRE Venture Capital invests in early stage tech companies that are levered to Africa. CRE is headquartered in the New York metro area, with a regional office in Lagos, Nigeria.

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Investment focus

  • Financial Services, FinTech, Software
  • Seed, Series A, Pre-Seed
  • South Africa, Nigeria, United States

Portfolio highlights

  • Andela — Unlock the power of global tech talent with Andela. Hire experienced professionals quickly and cost-effectively. Build your team from our robust network of skilled specialists spanning 175 countries. Our AI-powered platform ensures a 96% talent match success rate. Get started now and hire with confidence.
  • Matta — Matta is a B2B platform offering a comprehensive, detailed marketplace for sourcing chemicals and materials efficiently and reliably
  • Cutstruct — Cutstruct is your one source for bulk construction materials purchase. Get the best prices for cement, steel, granite, sharp sand wood, and more.
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Raba Partnership
VC Fund · Cape Town, NA - South Africa, South Africa

The Raba Partnership, Raba Capital, Raba

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Investment focus

  • Financial Services, FinTech, Finance
  • Seed, Pre-Seed, Series A
  • United States, South Africa, Egypt

Portfolio highlights

  • Cloudline — Cloudline leverages lighter-than-air technology and the latest developments in unmanned aerial vehicles to deliver essential goods and services to the 1 billion people without direct access to roads and runways.
  • Cloudline — The all-in-one cloud platform helping leisure businesses sell more, reduce costs & personalize experiences.
  • Fuse Financial Technologies — Financial APIs for building products in the Middle East.
Show all investments...

Partech
VC Fund · Paris, Ile-de-France, France

Partech is a global venture capital firm with offices in San Francisco, Paris, Berlin and Dakar. Partech invests in Internet and information technology startups at seed, venture and growth stages.

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Investment focus

  • Software, E-Commerce, SaaS
  • Series A, Seed, Series B
  • United States, France, Germany

Portfolio highlights

  • Djamo — Djamo is a Provider of financial applications to allow customers to use their cards with zero fees in a wide range of services.
  • Yampa — Discover yampa's autonomous AI agents and revolutionize your customer experience. Elevate your service with the most advanced AI technology.
  • HostnFly — HostnFly develops algorithms to optimize the income from rented apartments on Airbnb. The company also offer Parisians to take care of their apartment rental by guaranteeing an income.
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UNCOVERED FUND
VC Fund · Tokyo, Tokyo, Japan

UNCOVERED FUND is a venture capital firm that leads the creation of industries in Africa and other emerging countries.

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Investment focus

  • FinTech, Financial Services, Software
  • Seed, Funding Round, Pre-Seed
  • Nigeria, Kenya, United States

Portfolio highlights

  • Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
  • Mecho — Mecho is an on-demand auto repair and maintenance platform for individuals and businesses in Africa.
  • Termii — Termii is an online platform that helps teams secure repeat customers by sending personalized emails and SMS through multiple.Termii helps African businesses communicate with customers across SMS, email, voice, and instant messaging channels. The company was founded in 2014 and is based in Lagos, Nigeria.
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Voltron Capital
VC Fund

On a mission to back the most extraordinary entrepreneurs out of Africa solving important problems in large markets.

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Investment focus

  • Financial Services, FinTech, Payments
  • Pre-Seed, Seed, Angel
  • Nigeria, United States, Kenya

Portfolio highlights

  • Lengo — Lengo is an AI based intelligence platform that offers a large database on consumer goods for companies in the FMCG sector.
  • Bujeti — Bujeti is the finance control centre for African businesses. Manage expenses, automate payments, and issue corporate cards for total control and visibility.
  • Maad — Maad is Francophone Africa's fastest-growing B2B marketplace, based in Dakar, Senegal. Our tech-driven solution allows retailers to order products from our one-stop shop and benefit from working capital loans
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True Capital Management
VC Fund · San Francisco, California, United States

Achieve your financial goals & build generational wealth with our entertainer & athlete wealth management services. Offering comprehensive financial planning.

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Investment focus

  • FinTech, Financial Services, Software
  • Seed, Series A, Pre-Seed
  • United States, Nigeria, Canada

Portfolio highlights

  • MoonPay — MoonPay offers a fast and simple way to buy and sell cryptocurrencies. Buy crypto with credit card, bank transfers or Apple Pay today.
  • StackAI — Stack AI supercharges businesses. Deploy AI-powered applications in minutes, automate processes, and skyrocket productivity by connecting LLMs to data sources using Stack AI's no-code platform. Export your work with user-centric interfaces (chatbots and forms) and developer-friendly APIs.
  • Kapital — Kapital empowers SMBs with a tech-banking platform giving visibility and control of their treasury, and their employees
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Golden Palm Investments
VC Fund · Accra, Greater Accra, Ghana

Golden Palm Investments is an investment holding and advisory company.

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Investment focus

  • Information Technology, FinTech, Payments
  • Seed, Series A, Pre-Seed
  • Nigeria, Egypt, Kenya

Portfolio highlights

  • ILLA — ILLA Trucking for Logistics Solutions & Distribution
  • Maplerad — Maplerad is a fast, safe and easy way to send and receive money with friends, family or others you trust. You can receive and send money directly into any Nigerian bank account in minutes using Bitcoin, US Dollars, and Naira.
  • Jetstream Africa — Jetstream monitors inventory and goods-in-transit for trade creditors and banks.
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Savannah Fund
VC Fund · Nairobi, Nairobi Area, Kenya

Savannah Fund is a seed capital fund specializing in US$25,000-US$500,000 investments in early stage high growth technology (web and mobile) startups in sub-Saharan Africa. Initially focused on East Africa, the fund aims to bridge the early stage/angel and venture capital investment gap that currently exists in Africa. The Fund expects toachieve this objective by combining capital with mentor networks both in the region and from Silicon Valley via an accelerator program and a follow-on independent seed fund.The fund is managed by an experienced and technology savvy team that have founded companies or are actively involved in angel investing or having run successful accelerator programs in past but also understand the unique Subsaharan African environment. They are backed and supported by both local, regional and international networks of angels,venture capitalists whose expertise we can draw on to help startups succeed and scale to fully fledged regional or global companies.They believe in the potential for Africa to become a global technology innovator by creating sustainable for profit companies that create jobs and make an impact.

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Investment focus

  • E-Commerce, FinTech, Software
  • Seed, Series A, Pre-Seed
  • Kenya, United States, South Africa

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!
  • Root — Launch digital and embedded insurance solutions with omni-channel distribution.
  • Afropolitan — Afropolitan is building a Network State to unleash the maximum potential of Africans around the world. Are you interested? Join us with your email.
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Enza Capital
VC Fund · Nairobi, Nairobi Area, Kenya

Venture investor in high-growth Founders and Teams using technology to solve large and meaningful problems across Africa

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Investment focus

  • Financial Services, Finance, E-Commerce
  • Seed, Funding Round, Series A
  • Kenya, Nigeria, South Africa

Portfolio highlights

  • Yakeey — Yakeey is an end-to-end transactional marketplace that radically simplifies the experience of buying, selling and renting real estate.We leverage on data and technology to connect all real estate market players through a state of the art platform, create a chain of trust and powerful network effects and accelerate transactions.Yakeey is builton a community of real estate advisors, YakeeyPRO, to deliver a continuous professional and tailored service at every step of the transaction.
  • Hub2.Io — Welcome to HUB2, the leading FINTECH startup in interoperability and payment infrastructure in Francophone Africa. We are proud to work with all financial industry players in Africa who need stable and high-performing infrastructure, and contribute to their success.
  • Affinity — Join over 125,000 who trust the Affinity mobile app to manage their banking needs, from savings to payments, as well as instant loans
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Ground Squirrel Ventures
VC Fund · Boston, Massachusetts, United States

Seed round investment in frontier markets and clean energy

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Investment focus

  • Financial Services, FinTech, Finance
  • Seed, Funding Round, Series A
  • United States, Kenya, Zambia

Portfolio highlights

  • Grapevine — Grapevine makes it possible for groups to invite members, collect and distribute donations, establish a community and connect with nonprofits.
  • MindMics — Discover MindMics. The world's most accurate personal heart health monitor and well-being platform. Look after your heart health to live longer and better.
  • Untapped Global — Untapped connects global investors, and foreign capital to opportunities in emerging markets. Delivering competitive returns, and measurable impact for global investors.
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Entrée Capital
VC Fund · London, England, United Kingdom

We are a team of former serial founders managing $1.5Bn across a number of funds, with offices in Tel Aviv, London, and New York. We back the next generation of category-defining companies with conviction of founders who have built companies themselves.We back founders with a partnership built on trust, fairness and real operating experience. Westand with founders through every challenge, and help them grow with clarity, resilience and purpose.

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Investment focus

  • Software, FinTech, Financial Services
  • Seed, Series A, Series B
  • United States, Israel, United Kingdom

Portfolio highlights

  • Swapp — Real estate developers, architects and engineers use Swapp to design buildings in a smart, flexible and efficient process.
  • Toka — Toka develops cutting-edge and lawful digital forensics, intelligence and force protection capabilities to empower government agencies strengthen homeland security.
  • Torii — Torii is the most advanced SaaS management platform on the market. Discover, optimize, and control your organization’s SaaS usage and cost.
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Lateral Frontiers
VC Fund · New York, New York, United States

Lateral Capital is a mission driven venture fund investing in early and growth stage opportunities in Africa. We back companies that provide foundational technologies for the continent. We make debt and equity investments technology-enabled businesses that profitably solve significant pain points across financial services, healthcare, education,energy, agriculture, housing, logistics, mobility and more.

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Investment focus

  • FinTech, Financial Services, Software
  • Seed, Series A, Pre-Seed
  • United States, Nigeria, Kenya

Portfolio highlights

  • CNote — CNote makes initial Cash Deposits easy for corporations, foundations, and individuals. Align your financial goals with your values and drive change in communities.
  • Rhaeos — Rhaeos, the world's first wearable shunt monitor, aims to improve the quality care for patients with hydrocephalus through a novel, thermal biosensor. Developed within Northwestern University with collaboration between Dr. John Rogers, McCormick School of Engineering, Feinberg School of Medicine and Kellogg School of Management, Rhaeosrepresents a unique multidisciplinary translational effort for an important clinical need.
  • Wattnow — Wattnow is a real-time monitoring solution that provides a breakdown of energy spending to identify wasteful trends.
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Acumen
VC Fund · New York, New York, United States · 7 investments in the past 12 months

Acumen is a nonprofit venture fund that invests in early-stage companies bringing critical services like agriculture, clean energy, education, financial inclusion, healthcare and workforce development to low-income communities in 14 countries across East and West Africa, South Asia, Latin America, and the United States. Since 2001, Acumeninvested $128 million in 128 companies that have transformed the lives of over 308 million low-income people.

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Investment focus

  • Health Care, Agriculture, Financial Services
  • Seed, Funding Round, Series A
  • United States, India, Kenya

Portfolio highlights

  • BioMassters — Biomassers aim to replace charcoal production and charcoal cooking by providing modern, affordable, and low-carbon pellet fuel production and cooking solutions based on locally produced fuel from waste materials.
  • Reema Health — Transforming the way people navigate the gaps between health care and social care. Reema combines a 24/7 AI-based confidant with in-person community guides to help people meet their social needs.
  • Raino Tech4Impact — Raino Tech4Impact is a social enterprise that leverages technology as an enabler to empower African communities. We have been deploying technology-driven solutions in agriculture and health, powered by renewable energy to achieve sustainability.
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AfricInvest
VC Fund · Tunis, Tunis, Tunisia

AfricInvest was founded in 1994 and is part of Integra Group, an investment and financial services company based in Tunisia.Uniquely positioned as one of the most experienced private equity investors on the continent, AfricInvest has dedicated investment teams focused on North Africa and Sub-Saharan Africa, and employs 66 professionals based inseven offices.AfricInvest manages USD1 billion across 16 funds and benefits from strong, long-term support from both local and international investors, including leading development finance institutions in the United States and Europe.Having co-founded the African Venture Capital Association (AVCA) as well as the Middle East North Africa Private Equity Association (MENAPEA) and the Euromed Capital Forum, the firm is an active promotor of the private equity industry in the region.Since 1994, AfricInvest has invested in 135 companies across 25 African countries in a variety of high growth sectors and maintains a broad network of high quality executives across Africa, offering extensive expertise in key growth industries, including financial services, agribusiness, consumer/retail, education and healthcare.

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Investment focus

  • Financial Services, Manufacturing, FinTech
  • Funding Round, Private Equity, Series A
  • Tunisia, Kenya, Morocco

Portfolio highlights

  • ArabyAds — ArabyAds offers a suite of enterprise-level B2B ecommerce automation platforms that deliver the most promising, responsive and performance-oriented digital advertising technologies.
  • Aerobotics — Powerful insights for precision growing and crop insurance
  • RAYNAL Assurances — RAYNAL Assurances operates as an insurance company. RAYNAL Assurances underwrites a large range of non-life insurance risks associated to automotive, health, accident, fire, transport, and other multi-risks, addressing a clientele composed of both corporate and retail customers.
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Sherpa Africa Partners
VC Fund · Nairobi, Nairobi Area, Kenya

A venture fund for pre-seed startups in Africa, led by Startup Operators, backed by Startup Operators.

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Investment focus

  • Financial Services, Finance, FinTech
  • Pre-Seed, Seed, Funding Round
  • Kenya, Nigeria, South Africa

Portfolio highlights

  • Novek — Novek builds IOT technology to completely eliminate single use plastic from FMCG Supply chains.
  • CashBackApp — An App that offers you Cash Discounts on a wide range of household essentials available at local supermarkets in Kenya.
  • Jackfruit Finance — Fast, flexible school financing in Kenya. Get working capital, projects, and asset loans designed around school fee cycles and growth needs.
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Mercy Corps Ventures
VC Fund · Portland, Oregon, United States

Our impact investing arm, Mercy Corps Ventures (MCV), invests in and fuels high-impact enterprises that increase the resilience of people and communities in frontier markets.

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Investment focus

  • Financial Services, FinTech, AgTech
  • Seed, Pre-Seed, Series A
  • Kenya, United States, Nigeria

Portfolio highlights

  • Kofa — Kofa is an automotive company that utilizes the latest electric battery and motor technology. The company aims to develop an affordable, sustainable and customer driven electric network in transformative energy, transport, and climate change around the globe. Kofa was founded in Ghana and is headquartered in Accra.
  • Pivo — Pivo is an all-in-one financial services platform for businesses in the supply chain. Set up accounts, access credit and manage your finances in one simple application.
  • Open Forest Protocol — With Open Forest Protocol (OFP), measure, report, verify and fund forestation projects with digital transparency
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BYLD
VC Fund · London, England, United Kingdom

Byld Ventures is a corporate venture capital firm focusing on early-stage technology investments.

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Investment focus

  • Financial Services, Finance, FinTech
  • Seed, Pre-Seed, Series A
  • United States, United Kingdom, Nigeria

Portfolio highlights

  • Waza — Waza is a web platform with APIs. It helps startups and emerging market businesses manage their cash flow issues, invoicing needs, and international payment requirements.
  • Munify — Fast, secure, and cost-efficient cross-border payments powered by stablecoins. Send and receive money globally without delays, high fees, or the complexity
  • Stream — Stream is a company that helps make payments simpler, faster, and reliable.
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HAVAÍC
VC Fund · Cape Town, NA - South Africa, South Africa

HAVAÍC is an investment and advisory firm that specialises in early-stage, high-growth African businesses with proven concepts and global prospects, offering investment opportunities to sophisticated investors and international venture capital companies with an interest in Africa. As a complementary offering, HAVAÍC provides corporate advisory andcapital raising services to emerging, internationally scalable businesses.

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Investment focus

  • Software, Health Care, FinTech
  • Seed, Funding Round, Series A
  • South Africa, United States, Kenya

Portfolio highlights

  • NjiaPay — Payments-as-a-Service platform that will streamline your operations and elevate your online payments across the African continent.
  • Talk360 — Talk360 is an easy-to-use calling app that helps people make affordable international calls to any mobile and landline number. They believe that reliable communication and digital services must be affordable and accessible to everyone, regardless of someone's background. Especially people in emerging countries in Africa, who often need theseservices the most, do not always have the necessary banking possibilities. To bridge this distance, Talk360 will launch the world's first single checkout platform for Africa. This platform will combine all locally available payment methods and currencies across Africa, together with over 1.25 million cash points of sales, and will eventually be available to other companies as well. This means that 500 million Africans will be able to purchase digital services they never had access to before.
  • Right Now Response — The future of repairs starts soon. Counting down to smarter tracking in 2025! There are perks to working 24/7, 365 days a year... Like launching the future of repairs ahead of schedule!
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UW Ventures
VC Fund · Johannesburg, NA - South Africa, South Africa

UW is a multi-stage investor that provides growth and replacement capital across the equity-cycle. Its activities span from high-growth venture to mid-market private equity opportunities.

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Investment focus

  • FinTech, Payments, Insurance
  • Seed, Series A, Funding Round
  • South Africa

Portfolio highlights

  • Pargo — Pargo is a convenient logistics solution that lets you collect and return parcels at Pargo parcel points throughout the country when it suits you best.
  • Synatic — Synatic is a unified platform that enables your business to integrate and automate systems and services without sacrificing enterprise features and security.
  • Peach Payments — Get Peach as your Payment Gateway and Grow your ecommerce. Process online payments with Visa, Mastercard, Debit Orders, EFT payments, and subscriptions. Plugins for Wix, Shopify, WooCommerce.
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Beta.Ventures
VC Fund · Lagos, Lagos, Nigeria

Beta.Ventures supports Africa's leading tech entrepreneurs.We are a New York and Lagos based venture capital firm helping ambitious entrepreneurs build innovative products and services, with a focus on rapid revenue and profit growth. We are unique in our ability to help companies grow organically in Africa, while also scaling globally.Wework closely with talented founders and teams from product idea to product launch through to the next stage of company development with a goal to maximize success and minimize risk.Our partners, affiliates and mentors lead top technology companies locally and internationally and we encourage you to partner with us to take advantage of our experience building great products/services, negotiating partnerships and deals, leading teams, and raising money. With us, you will avoid mistakes we, and others, have made.

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Investment focus

  • Financial Services, FinTech, B2B
  • Seed, Pre-Seed, Series A
  • Nigeria, United States, United Kingdom

Portfolio highlights

  • Rayda — Infrastructure to acquire, manage, insure and dispose fixed assets for businesses globally.
  • Voyance — Voyance is a big data company helping businesses predict the future using machine learning combined with their data. Our platform can be used to answer questions like what does my revenue look like in the next two months, is this transaction fraudulent, will this customer churn and much more. We are currently piloting with organisations like banks,ecommerce and fintechs companies across Africa and United Arab Emirates.
  • Stacs — Stacs allows you to quickly pay for what you need without breaking the bank by dividing your largest bills into tiny bits.
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Soma Capital
VC Fund · San Francisco, California, United States

Welcome to Soma Capital

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Investment focus

  • Software, FinTech, Artificial Intelligence
  • Seed, Pre-Seed, Series A
  • United States, India, Mexico

Portfolio highlights

  • Fasset — Fasset is an all-in-one financial super app that allows people and businesses to receive money, invest, earn, and make payments from anywhere in the world.
  • Kontigo — We help underbanked gig workers in Latam build credit and access group financing where small groups of family or friends lend and save money together. Users can validate their income from multiple sources such as gig apps, catalog sales, and open finance (Uber, Rappi, Didi, Indriver, Avon, and all major banks). After verifying the income wedirectly offer them group savings and group loans, without leaving WhatsApp, their primary messaging app.
  • Inventive AI — Inventive is an AI-powered RFP & Questionnaire Response Management platform that drives 70%+ efficiency in sales response workflows.
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Consonance Investment Managers
VC Fund · Lagos, Lagos, Nigeria

We are an investment company focused on helping early and growth-stage entrepreneurs build successful companies in Africa.

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Investment focus

  • Software, Information Technology, FinTech
  • Seed, Series A, Pre-Seed
  • Nigeria, United States, Kenya

Portfolio highlights

  • Releaf Earth — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • Tripesa — Tripesa offers payment solutions for Africa's travel and tourism industry.
  • Plural — Smarter, Faster, Future-Ready Policy Strategy. Plural transforms how enterprises and organizations anticipate and act on legislation. Our AI-powered platform delivers accurate bill analysis, policy insights, and stakeholder intelligence so you can stay ahead of risk, seize opportunity, and shape outcomes. See How It Works Book A Demo Trusted By Deepen Your State & Federal Legislative
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Target Global
VC Fund · Berlin, Berlin, Germany

Target Global is a prominent European technology investment firm with a significant presence in the venture capital landscape, boasting over €3 billion in assets under management. The firm operates out of key tech hubs including London, Berlin, Tel Aviv, and Abu Dhabi, and has a rich portfolio featuring some of Europe's most successful techcompanies such as Revolut, Auto1, Copper, Delivery Hero, Docplanner, and Rapyd.Founding and GrowthTarget Global was established in 2015 by Shmuel Chafets and Yaron Valler, who brought a wealth of experience from their tenure at Hasso Plattner Ventures. Their professional partnership dates back 15 years to their time at Giza Venture Capital, a trailblazer in Israel's investment ecosystem, where they honed their investment acumen and industry foresight.Investment Philosophy and ImpactTarget Global stands out in the European tech industry for its diverse team and its ability to identify and capitalize on unique opportunities. The firm's knack for recognizing potential in the early stages of Germany's tech economy led to the emergence of several unicorns in the 2010s. As the European tech industry evolves, Target Global remains at the forefront, seeking out innovative companies like Robovision, Saleor, and Finom. These recent investments reflect the firm's commitment to supporting cutting-edge technology and business models.Fundraising SuccessesTarget Global's fundraising prowess is evident in its six investment funds, which have collectively raised significant capital. The funds range from Early Stage Funds, focusing on nascent startups, to Growth Funds that support more mature companies scaling their operations. The firm's co-investment strategy has led to over €1 billion in capital deployment across a diverse array of partnerships.Backing and AchievementsWith the backing of investors such as FERI, UBS, Allianz X, Mubadala, and Hermes GPE, Target Global has cemented its reputation as a trusted and successful investment firm. Its portfolio spans over 140 companies at various development stages, with a focus on those targeting trillion-dollar markets.Just a few of the many notable companies in the firm’s portfolio include:- Tarabut, MENA’s leading open banking platform, which was recently featured in Forbes Middle East’s list of Top 50 Fintech Companies.- Flo Health, an AI-driven women’s health product, which is the world’s top health and fitness app by downloads.- Robovision, an easy-to-use AI-driven computer vision platform for users to develop their own deep-learning-based solutions.- Enter, a German company that helps homeowners and businesses reduce their carbon footprint.Target Global's track record includes support for 15 unicorn companies, over 20 exits, and 7 IPOs, showcasing its ability to drive growth and success in the European tech ecosystem. The team, comprised of individuals with founder and operator backgrounds, continues to pursue exceptional opportunities to expand the firm's portfolio and influence.Target Global's journey from its inception to its current status as a key player in European venture capital is marked by strategic investments, a commitment to diversity, and a deep understanding of the tech industry's dynamics. With a clear vision for the future, Target Global is poised to continue its role in shaping the next wave of European tech giants.

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Investment focus

  • FinTech, Financial Services, Software
  • Series A, Seed, Series B
  • Germany, Israel, United Kingdom

Portfolio highlights

  • Osome — Osome helps foreign and Singaporean entrepreneurs to manage their businesses. Register and get your new company operational with our certified agents backed by modern technology
  • Xpand (formerly 1MRobotics) — Last mile delivery challenge, solved!
  • Finom — Finom is an online payment solution for entrepreneurs that makes it easy to open a business account and securely manage their finances.
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Tencent
VC Fund · Shenzhen, Guangdong, China

Tencent is an internet service portal offering value-added internet, mobile, telecom, and online advertising services. Its communications and social platforms Weixin and QQ connect users with each other, with digital content and daily life services in just a few clicks. Tencent has maintained steady growth under its user-oriented operatingstrategies. It provides value-added internet, mobile, and telecom services, as well as online advertising under the strategic goal of providing users with "one-stop online lifestyle services." Tencent’s Internet platforms in China – QQ (QQ Instant Messenger), WeChat, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai, and Tenpay – aim to address the various needs of internet users, including communication, information, entertainment, e-commerce, and others.In September 2013, Tencent's market valuation rose to $101 billion, and as of November 21, 2013, QQ had 2 billion active users and WeChat had 650 million monthly active users. The numbers of active users for QQ mail, Qzone, Tencent Weibo, and QQ news were 274 million, 626 million, 220 million, and 150 million, respectively.Tencent was founded in November of 1998. In April 2000, the IDG and PCCW invested a total of $2.2 million dollars in the company. Tencent was listed on the Hong Kong Stock Exchange (SEHK) on June 16, 2004. Baidu, Alibaba, and Netease are Tencent's major competitors.

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Investment focus

  • Software, Financial Services, E-Commerce
  • Series B, Series A, Series C
  • China, United States, United Kingdom

Portfolio highlights

  • Udaan — Udaan is a B2B trade platform that brings manufacturers, traders, retailers, and wholesalers into a single platform. The platform is about making business easy in India, about making B2B commerce convenient and efficient. They believe B2B is the new B2C in India. It connects retailers with wholesalers and traders who sell more than 15 lakh productsranging across categories from electronics and apparel to grocery and fresh produce.Udaan chat feature allows users to have a personal and secure conversation in real-time, in a language of your choice. It enables a direct connection between buyers and sellers which allows one-on-one discussions to negotiate terms of trade between transacting parties. India has 50m+ SMBs, who form the core of the Indian economy and society. They are the entrepreneurial pulse of India. They believe the internet is a great equalizing platform. They want to bring their energies together in bringing the power of the Internet to these millions of entrepreneurs.Udaan was founded in 2016 and is headquartered in Bangalore, Karnataka, India.
  • Z.ai — Z.ai develops artificial intelligence models and services built upon large-scale pretrained architectures. The company offers ChatGLM, a dialogue-focused language model series designed for smooth conversation and easy integration. It also provides Ying, a text-to-video model capable of generating short video clips from text or images, and AutoGLM,a voice-driven AI agent that performs smartphone tasks based on complex user instructions. Z.ai supports integration through an API platform and offers migration assistance for developers moving from other AI ecosystems. The company’s technology stems from research at Tsinghua University’s KEG lab and emphasizes general-purpose cognitive intelligence models.
  • Full Truck Alliance — Full Truck Alliance is a platform that connects shippers with truckers to facilitate shipments across distance ranges and cargo weights. its revenues principally from shippers' and truckers' use of its platforms in connection with freight matching services.
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Hustle Fund
VC Fund · San Carlos, California, United States

Hustle Fund is a seed fund that invests in early-stage startups operating in software, business-to-business, fintech, and digital health sectors.

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Investment focus

  • Software, FinTech, Financial Services
  • Seed, Pre-Seed, Series A
  • United States, Singapore, Canada

Portfolio highlights

  • EquityList — Equity management with online cap table management and employee stock option programs (ESOP) administration. Available free for Indian startups
  • CompScience — Kinetic Eye's ground-breaking technology allows for detection of risk within hours rather than days. Protecting your bottom-line and more importantly, your employees.
  • FutureMoney — Introducing FutureMoney: the only investing app designed for parents. FutureMoney helps you give your kids more by growing your money, effortlessly. Start investing in your kids today with unlimited accounts, contributions and deposits, tax optimization, and fully-managed custom portfolios.
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Allan Gray
VC Fund · Alfred, New York, United States

Allan Gray is privately owned investment management company focused on generating long-term wealth for investors.

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Investment focus

  • FinTech, Financial Services, Payments
  • Seed, Series A, Series C
  • South Africa, United States

Portfolio highlights

  • Mobiz — Supercharge your SMS marketing with dynamic, high-converting landing pages sent directly into the hands of your customers.
  • onafriq — MFS Africa is the largest mobile money inter-operability hub in Africa, which connects mobile network operators across the continent through a single API. In addition to mobile remittance services, the MFS Africa API enables merchant payment, bulk payment, bank-to-wallet transfers, and an array of other cross border digital payments services.
  • Sendmarc — Manage your organization's DMARC, SPF, and DKIM with world-class implementation services and support. All in one easy-to-use platform.
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Speedinvest
VC Fund · Vienna, Wien, Austria

Speedinvest is a globally active European venture capital firm built on a simple belief: many move more. From six offices across EMEA, our sector-focused investment teams back relentless founders from pre–Seed to Growth with long-term conviction, providing day-one access to our global network of corporate customers, experts, industry leaders, andtop-tier follow-on investors to scale smarter and faster. Building lasting companies like Bitpanda (Austria), Moove (Nigeria), Gigs (U.S.), Tide (UK), ARX Robotics (Germany), Wayflyer (Ireland), GoStudent (Austria), Seqera Labs (Spain), and Cylib (Germany) — together. Big ideas may start with one. But scaling and winning take The Power of More.

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Investment focus

  • Software, FinTech, Financial Services
  • Seed, Series A, Pre-Seed
  • United Kingdom, Germany, Austria

Portfolio highlights

  • Factris — We finance your open invoices so that you have the cash flow you need to grow your business. Your invoices, our financing! No more stress!
  • Findery — Find and leave notes anywhere in the world, discover local knowledge, hidden secrets, and exciting stories. Share your travel knowledge, geoblog, or local news!
  • Toqio — Toqio is a development and orchestration platform where you can build, configure, and launch corporate embedded finance solutions for merchant networks.
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Future Perfect Ventures
VC Fund · New York, New York, United States

Future\Perfect Ventures is an early stage venture capital firm 2014 to invest globally in blockchain technology and crypto assets. FPV was founded by Jalak Jobanputra.

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Investment focus

  • Blockchain, Financial Services, FinTech
  • Seed, Series A, Pre-Seed
  • United States, Kenya, United Kingdom

Portfolio highlights

  • Mojito — Mojito is an NFT studio and tech platform company that designs, powers, and operates NFT marketplaces for industry leading brands and IP holders.
  • AZA Finance — Supporting Businesses In 115 Countries, Aza Finance Makes It Easier To Do Business In Africa. Contact AZA Finance Now.
  • Token — Tokenize develops Token, a biometric-based wearable ring that can make payments, power up a computer, and part doors. The ring is integrated with MasterCard, Microsoft, Visa, HID, FitPay and the FIDO Alliance.Token uses a combination of fingerprinting (there’s a fingerprint sensor at the base of the ring) and an optical proximity sensor toensure that a user’s credentials can’t be accessed by a third party. Using an app (available for iOS and Android), Tokenites can pair the ring and their biometric information with anything from their credit cards to their car keys.
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Greycroft
VC Fund · New York, New York, United States

Venture capital and technology investments

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Investment focus

  • Software, Artificial Intelligence, E-Commerce
  • Series A, Seed, Series B
  • United States, United Kingdom, Germany

Portfolio highlights

  • Pacaso — Pacaso offers luxury vacation homes for co-ownership. It's the modern way to buy and own a vacation home.
  • Bamboo — Bamboo is a digital investment platform that provides real-time access to buy, hold, or sell stocks. The investment platform is accessible on both computers and mobile phones.
  • Elevate — Elevate is a modern platform that makes benefits better for employees and easier for employers.
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Naspers Foundry
VC Fund · Cape Town, NA - South Africa, South Africa

Naspers Foundry is a global internet group and invests in technology-based companies. The company believes in the power of local backed by global scale and they look for opportunities to address big societal needs in markets where they see the greatest growth potential.

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Investment focus

  • Financial Services, Farming, Software
  • Seed, Series A, Series B
  • South Africa, United Kingdom

Portfolio highlights

  • Planet42 — Having your own car has never been easier. Planet42 is a vehicle rental company offering rent-to-buy car service for private clients.
  • LifeCheq — LifeCheq partners with insurers and advisory firms to deliver AI-enabled distribution, boost adviser productivity, and transform how financial advice is delivered.
  • SweepSouth — Book a home cleaning online from your mobile, tablet or computer. SweepSouth connects you with a cleaner in minutes. Cleaners are experienced, reliable, efficient and insured.
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Zephyr Acorn
VC Fund · Nairobi, Nairobi Area, Kenya

Zephyr Management is a global emerging markets investment manager, specializing in the creation and management of highly focused private equity and venture capital funds.

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Investment focus

  • Financial Services, Banking, FinTech
  • Seed, Series A, Pre-Seed
  • Kenya, India, Uganda

Portfolio highlights

  • Emata — Emata brings digital and affordable financial products to farmers in East Africa.
  • Turaco — Turaco develops simplified insurance and credit solutions through mobile technology to solve the healthcare financing needs. Turaco has simplified insurance products and also provides on-demand health loans, allowing customers to get healthcare at affordable monthly premiums.
  • Power — Putting individuals on the path towards financial health
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Quona Capital
VC Fund · Washington, District of Columbia, United States

Quona Capital invests in fintech innovators that are advancing financial inclusion around the globe. Through our investments, Quona aims to deliver outstanding financial returns while making a lasting and positive impact on the world.

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Investment focus

  • Financial Services, FinTech, Finance
  • Series A, Seed, Series B
  • India, Brazil, Indonesia

Portfolio highlights

  • Bureau — Bureau is trust network that facilitates end-to-end identity verification, compliance, and fraud prevention for new-age businesses.
  • Kamino — Kamino Finance is a Solana DeFi protocol for capital-efficient lending, borrowing, and yield generation.
  • GKN - GloboKasNet — GloboKasNet is a multibank payment network based in Peru. The company offers transaction, processing, and settlement services to low income urban and rural clients of banks, microfinance institutions and commercial wholesalers. GloboKasNet was launched in 2007.
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VentureSouq
VC Fund · Dubai, Dubai, United Arab Emirates

VentureSouq (VSQ) is a MENA-based venture capital fund manager with a global portfolio. VSQ manages thematic funds, with a current focus on FinTech and ClimateTech.

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Investment focus

  • FinTech, Financial Services, Software
  • Seed, Series A, Series B
  • United States, United Arab Emirates, Saudi Arabia

Portfolio highlights

  • Inovat — Travellers have to stand hours in the queues and get charged hidden fees to receive Tax refund that they are entitled to. They change that. With Inovat, get the best Tax Free experience that you deserve.
  • Tradoor — Tradoor protects traders, LPs, and the protocol against unforeseen market fluctuations by using clever math and safety measures to enable traders to trade with confidence.
  • Orbii AI — Our AI enriches & analyses borrower data, helping you make credit decisions in minutes. Accelerate your business loan Underwriting decisons.
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