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Top 5 Financial Services VC (Venture Capital) Funds in Rwanda in May 2025

Last updated: May 2025 A list of 5 VC (Venture Capital) funds that invest in Financial services startups based in Rwanda. We rank investors based on the number of investments they made in Financial services companies from Rwanda. We update this investor list every month.

Top 5 Financial Services VC (Venture Capital) Funds in Rwanda in May 2025

Investor	Financial Services Rwanda investments
NISK Capital	1
Norrsken Foundation	1
Ground Squirrel Ventures	1
Bathurst Capital	1
DOB Equity	1

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Investor list

NISK Capital is a boutique investment banking and advisory firm providing end-to-end services to Small and Medium sized Enterprises (SMEs) across the East African Community (EAC). The company is committed to supporting progress in the East African region. NISK Capital recognizes that the increasing convergence of global markets, local people andregional economies is the fundamental driver of global security and social improvement.

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Investment focus

Financial Services
Seed
Rwanda

Portfolio highlights

BeneFactors — BeneFactors Ltd. is a Rwandan factoring company, providing tailored working capital solutions to firms. Factoring is a financial service, where future payments from your buyers are sold to a third party, the factor for cash. They can work with pending invoices or purchase orders for delivery. This means that you can continue working even if yourbuyers take a long time to pay or take on more clients at the same time - allowing you peace of mind as you grow your business.

Norrsken Foundation is non-profit organization solving problems such as poverty, famine, environmental issues and mental health.

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Investment focus

Financial Services, Health Care, FinTech
Pre-Seed, Seed, Funding Round
United States, Nigeria, Rwanda

Portfolio highlights

RYE — RYE is a members-only, low-cost green energy supplier built for businesses with no time to deal with energy suppliers. Always accurate energy or it's free
Eden Care Medical — Eden Care Medical is a mobile application that provides medical and health insurance as well as financial services.
ORDA — Process orders, accept payments, connect to logistic providers, engage with your customers + more. We equip you with everything you need to grow your business.

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.

Bathurst Capital is an investment firm.

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Investment focus

Wellness, Insurance, Health Care
Pre-Seed
Rwanda

Portfolio highlights

Eden Care Medical — Eden Care Medical is a mobile application that provides medical and health insurance as well as financial services.

DOB Equity is a private equity firm specializing in growth capital and buy-and-build strategies in small and medium companies.

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Investment focus

Food and Beverage, Health Care, Farming
Private Equity, Funding Round, Seed
Kenya, Rwanda, Uganda

Portfolio highlights

Zydii — For the African workforce, Zydii is the premier localized digital training solution which is engaging and accessible, leading to transformative growth for businesses. Zydii is providing localized (African) digital courses via our proprietary online and offline (USSD & SMS) platform.
Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
Spouts of Water — SPOUTS mission is to manufacture and distribute ceramic water filters to provide everyone in Uganda with safe water.

Investors by industry

Artificial intelligence

Venture Capital

Financial Services

Food and Beverage

Enterprise Software

Mobile Advertising

Wine And Spirits

Renewable Energy

Machine Learning

Agriculture (agtech)

Media (entertainment)

Investors by country

Russian Federation

Dominican Republic

United Arab Emirates

Marshall Islands

VC (Venture Capital) Funds in Rwanda by industry

Financial Services