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Top 5 FinTech Startup Investors in Ethiopia (June 2026)

The most active venture capital funds and angel investors investing in Ethiopia FinTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Ethiopia FinTech 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
KFW DEG
VC Fund
1 India, Kenya, United States Debt Financing, Grant Financial Services, Energy, FinTech $100k–$570M
European Investment Bank
VC Fund
1 France, Germany, The Netherlands Debt Financing, Post-IPO Debt Biotechnology, Health Care, Energy $16M–$658M
Finnfund
VC Fund
1 Kenya, India, South Africa Debt Financing, Series B Financial Services, Energy, FinTech $2.7M–$135M
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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Investor list

KFW DEG
VC Fund · Cologne, Nordrhein-Westfalen, Germany · 1 investments in Ethiopia FinTech 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: 111
  • Round size: Grant $100k–$1.1M; Debt Financing $10M–$570M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Etana — PT Etana Biotechnologies Indonesia (Etana) is an emerging producer of high-quality, affordable and innovative biopharmaceuticals to treat a range of metabolic, autoimmune and other major life-threatening diseases, including cancer. Nathan Tirtana. Legend Capital. UOB Venture Management. Innovent Bio
  • 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.
  • Fourth Partner Energy — Top renewable energy company in India offering solar, wind, and hybrid solutions for commercial & industrial sectors.
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European Investment Bank
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Ethiopia FinTech 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: 360
  • Round size: Post-IPO Debt $18M–$658M; Debt Financing $16M–$384M
  • Lead/follow: 80% lead, 20% 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.
  • RE:OCEAN — OUR MISSION IS TO FARM SALMON FOR THE BENEFIT OF HEALTH AND THE PLANET. WE'LL DO THIS BY BUILDING A LARGE SCALE FISH FARM IN THE middle OF SWEDEN. - WE'RE MAKING THE IMPOSSIBLE POSSIBLE - AN OCEAN ON LAND. RE:OCEAN IN BRIEF One in five salmons in Sweden 2026 will come from RE:OCEAN Fresh
  • Metso Outotec
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Finnfund
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Ethiopia FinTech 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

  • 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.
  • Satya MicroCapital — Satya MicroCapital is an NBFC-MFI that offers collateral-free credit to micro enterprises on the basis of strong credit assessment and a centralised approval system.SATYA started its microfinance operations by adopting the “Joint Liability Group (JLG) Model” with adequate use of technology and new adaptations. JLGs of SATYA means implementationsof Joint Liability of group members which exists up to 10 instalments in Bi-Weekly collections. The Company believes in the ideology to bring social touch and high technology in the Indian microfinance industry.The JLG lending operation mainly focuses on a woman (in case of SATYA, her husband acts as co-borrower) through a credit product that allows her to start a new business or enhance her existing business as well. SATYA provides prompt, convenient and affordable collateral-free credit to people at the bottom of the pyramid through a strong credit assessment and centralized approval.The Company started its microfinance operation from Sikandrabad Branch, Bulandshar District of Uttar Pradesh and the first token disbursement was done in November 2016. SATYA utilized demonetization as an opportunity to rework on the business strategy through cashless transactions. SATYA is an institution build with a vision of change, transformation and will be a differentiator in financial inclusion space and its approach is well recognized by industry experts and professionals across different sectors. SATYA is committed to being a socially responsible organization with a focus on Health, Education, Financial Literacy, Nasha-Mukt Samaaj, Gender Equality, and Swachh Bharat. The Company is spreading social awareness messages in its area of operations.
  • Cassava Technologies — Cassava Technologies is an innovative technology company encompassing fiber networks, data centers, renewable energy, cloud & cybersecurity.
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Nigerian Exchange Group
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Ethiopia FinTech 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 FinTech 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
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FinTech Investor funding in Ethiopia at a glance

Stats across 7 deals from 7 investors.

7
investors
in Ethiopia FinTech startups
7
deals
in Ethiopia FinTech startups
$6.4M
median round
in Ethiopia FinTech startups
57%
lead investors
lead at least one round
29%
Grant
most common funding stage
86/14
VC / Angel
share of investor count

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