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Top 15 FinTech Startup Investors in Rwanda (October 2026)

The most active venture capital funds and angel investors investing in Rwanda FinTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Rwanda FinTech startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Bathurst Capital
VC Fund
1 Rwanda Pre-Seed Wellness, Insurance, Health Care
Eight Capital
VC Fund
1 United States, Canada, United Kingdom Pre-Seed, Seed, Post-IPO Equity Artificial Intelligence, Software, Information Technology $500k–$85M
Norrsken Foundation
VC Fund
1 Nigeria, United States, Rwanda Pre-Seed, Seed, Grant Financial Services, FinTech, Health Care $100k–$4M
Right Side Capital Management
VC Fund
1 United States, Canada, United Kingdom Pre-Seed, Convertible Note, Seed Software, Artificial Intelligence, SaaS $50k–$1.7M
Development Bank of Rwanda
VC Fund
1 Rwanda Seed Finance, Software, Financial Services
Ground Squirrel Ventures
VC Fund
1 United States, Kenya, Zambia Seed, Venture - Series Unknown, Series A Financial Services, FinTech, Finance $125k–$48M
Team Ignite Ventures
VC Fund
1 United States, Canada, India Seed, Pre-Seed, Series A Artificial Intelligence, Software, SaaS $300k–$25M
International Finance Corporation
VC Fund
1 India, Brazil, United States Debt Financing, Post-IPO Debt, Venture - Series Unknown Financial Services, Finance, Banking $5M–$420M
DeveloPPP Ventures
VC Fund
1 Ghana, Rwanda Seed, Grant Finance, Medical, Software
DOB Equity
VC Fund
1 Kenya, Uganda, Tanzania Private Equity, Seed Food and Beverage, Farming, Agriculture $1M–$3.8M
LuxDev
VC Fund
1 Rwanda, Albania Seed CRM, Finance, Software $125k–$1.2M
Burrow Capital
VC Fund
1 Rwanda Seed Finance, Software, Financial Services
Acacia Venture Capital Partners
VC Fund
1 United States, Mexico, Colombia Seed, Pre-Seed, Series B Software, FinTech, E-Commerce $125k–$8.2M
NISK Capital
VC Fund
1 Rwanda Seed Financial Services
Luxembourg Export Credit Agency
VC Fund
1 Rwanda Seed Finance, Software, Financial Services
Access all 32 investors in Rwanda FinTech startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Bathurst Capital
VC Fund · Kicukiro, Kigali, Rwanda · 1 investments in Rwanda FinTech startups

Bathurst Capital is an investment firm.

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Investment focus

  • Industry: Wellness, Insurance, Health Care
  • Stage:Pre-Seed
  • Geography: Rwanda

Investor stats

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

Portfolio highlights

  • Eden Care Medical — Eden Care Medical is a mobile application that provides medical and health insurance as well as financial services.
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Eight Capital
VC Fund · Mumbai, Maharashtra, India · 1 investments in Rwanda FinTech startups

At Eight Capital, we leverage Y Combinator heritage to support tech startups through innovative funding strategies, deep market insights, and a global network, propelling them to success

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Pre-Seed, Seed, Post-IPO Equity
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 130
  • Round size: Seed $500k–$5M; Pre-Seed $500k–$1.2M; Post-IPO Equity $5.5M–$85M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Lemma — Surface silent failures, pull context across traces, improve your agent before users churn.
  • TesterArmy — TesterArmy provides an AI-powered QA testing platform for websites and mobile applications. The product uses agent-based testing to launch real browsers, navigate interfaces like a user, and evaluate results based on test instructions written in plain language. It supports web, mobile web, iOS, and Android builds, handling authentication flows such as stored credentials, OAuth, and one-time passwords. Teams can connect GitHub and other CI pipelines to run checks on pull requests, schedule production monitoring, or trigger tests via webhooks. Each run produces screenshots, recordings, and structured bug reports that are accessible in a dashboard, via CLI, or directly on pull requests. The platform also offers integrations with tools like Slack, Discord, Vercel, and Expo and provides APIs and documentation for development workflows.
  • Crimson — Crimson understands the whole case and helps litigators analyze case files, build chronologies, draft briefs, and stay on top of correspondence and deadlines.
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Norrsken Foundation
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Rwanda FinTech startups

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

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Investment focus

  • Industry: Financial Services, FinTech, Health Care
  • Stage:Pre-Seed, Seed, Grant
  • Geography: Nigeria, United States, Rwanda

Investor stats

  • Total investments: 19
  • Round size: Seed $100k–$4M; Pre-Seed $125k–$1.1M
  • Lead/follow: 21% lead, 79% follow

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.
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Right Side Capital Management
VC Fund · San Francisco, California, United States · 1 investments in Rwanda FinTech startups

Systematic Pre-Seed Startup Capital

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Pre-Seed, Convertible Note, Seed
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 2082
  • Round size: Seed $50k–$1.7M; Pre-Seed $50k–$450k; Convertible Note $50k–$400k
  • Lead/follow: 3% lead, 97% follow
  • Last fund: Likely actively investing — fresh fund, raised $55M in 2025

Portfolio highlights

  • tbh — tbh is a developer of a mobile application designed to provide anonymous feedback to friends. The company's mobile application facilitates asking or answering questions, open text fields and invite abuse when combined with anonymity, enabling users to say things without repercussions and feel better about themselves from the positive feedbackon social networks.
  • Athel AI — Athel AI provides an AI-powered clinical intake platform for physicians and healthcare teams. Its tools conduct patient interviews through voice, chat, and video, capture clinical histories, and generate structured summaries for physicians. The platform also supports AI-assisted reception, dictation, multilingual interviews, and automated clinical workflows. Athel AI provides clinical decision support while keeping diagnosis and treatment decisions under the physician's authority.
  • Vidrovr — Vidrovr develops multimodal computer vision and machine learning systems to index, tag, and understand video. It processes videos with specific domain constraints, such as in sports, government, and media verticals. Its technology enables its users to search an indexed video corpus and retrieve content inside videos and link it to other media likephotos and text.The company Integrates social media to enable direct interactions between multimedia content. Vidrovr was founded in 2016 and is headquartered in New York.
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Development Bank of Rwanda
VC Fund · Kigali, Butare, Rwanda · 1 investments in Rwanda FinTech startups

Development Bank of Rwanda is a trade & development industry that provides financial services to agriculture, education, housing & exports.

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Investment focus

  • Industry: Finance, Software, Financial Services
  • Stage:Seed
  • Geography: Rwanda

Investor stats

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

Portfolio highlights

  • Kayko — Powering Growth for African Businesses
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Ground Squirrel Ventures
VC Fund · Boston, Massachusetts, United States · 1 investments in Rwanda FinTech startups

Seed round investment in frontier markets and clean energy

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: United States, Kenya, Zambia

Investor stats

  • Total investments: 71
  • Round size: Seed $400k–$3M; Series A $1.8M–$5M; Venture - Series Unknown $125k–$48M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Grapevine — Grapevine makes it possible for groups to invite members, collect and distribute donations, establish a community and connect with nonprofits.
  • Untapped Global — Untapped connects global investors, and foreign capital to opportunities in emerging markets. Delivering competitive returns, and measurable impact for global investors.
  • Necessary Ventures — We invest in what the world needs.
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Team Ignite Ventures
VC Fund · California City, California, United States · 1 investments in Rwanda FinTech startups, 19 in the past 12 months

We're experienced operators helping to ignite and scale startups

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Investment focus

  • Industry: Artificial Intelligence, Software, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, India

Investor stats

  • Total investments: 297
  • Round size: Seed $1M–$6.3M; Pre-Seed $300k–$1.5M; Series A $17M–$25M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: Likely still investing — raised $760k in 2024

Portfolio highlights

  • JustAI — An AI-first modern enterprise marketing stack that sets you in an always-on, set-and-forget motion. Increase your experimentation velocity and keep your team lean! Say goodbye to manual campaign management.
  • Resolv — AI for the trades that follows through: one number for customer calls and texts, connected to organized jobs, proposals, rebates, permits, and warranties.
  • Herd Security — Herd trains your people on the attacks actually reaching them, coaches the ones who need it, and reports how their risk level moved across the quarter. It runs inside Slack and Teams, built from your own policies.
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International Finance Corporation
VC Fund · Washington, District of Columbia, United States · 1 investments in Rwanda FinTech startups

A strong and engaged private sector is indispensible to ending extreme poverty and boosting shared prosperity. That's where IFC comes in - we have more than 60 years experience in unlocking private investment, creating markets and opportunities where they are needed most.

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Investment focus

  • Industry: Financial Services, Finance, Banking
  • Stage:Debt Financing, Post-IPO Debt, Venture - Series Unknown
  • Geography: India, Brazil, United States

Investor stats

  • Total investments: 761
  • Round size: Post-IPO Debt $50M–$420M; Debt Financing $20M–$356M; Venture - Series Unknown $5M–$67M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • Kuku FM — Discover the most popular audiobooks & podcasts on Kuku FM. Listen to trending shows, most-played content, and viral audio series everyone is loving.
  • Altobridge — AltoBridge.com is a bold and dynamic domain name that exudes sophistication and innovation. This sleek and memorable name evokes a sense of elevation and connection, making it perfect for a wide range of industries looking to establish a st
  • Lagos Free Zone — Lagos Free Zone is a leading industrial and commercial hub in Nigeria, offering businesses world-class infrastructure, tax incentives, and strategic access to global markets.
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DeveloPPP Ventures
VC Fund · Eschborn, Hessen, Germany · 1 investments in Rwanda FinTech startups

DeveloPPP Ventures provides financial services to young companies, whose business model improves living conditions in a developing country.

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Investment focus

  • Industry: Finance, Medical, Software
  • Stage:Seed, Grant
  • Geography: Ghana, Rwanda

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Kayko — Powering Growth for African Businesses
  • Dawa Mkononi — Dawa Mkononi (DM) is a registered company that mainly focuses on innovations to improve pharmaceutical supply chain. The app is run by DM Pharmacy located at Kariakoo in Dar es Salaam. The app currently serves for wholesale business only to pharmacies, ADDOs, and health facilities such as Hospitals and Clinics.
  • Revna Biosciences — Revna Biosciences is a company that focuses on precision medicine research and diagnostics. The company is involved in the field of biomedical research and clinical services, with a particular emphasis on advancing precision medicine in Africa. Revna Biosciences is also known for its work in the area of cancer research. The company offers a rangeof products and services related to medical research and applied life sciences. It has received approval from the Food and Drug Administration for its work, highlighting its commitment to adhering to regulatory standards and guidelines.
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DOB Equity
VC Fund · Veessen, Gelderland, The Netherlands · 1 investments in Rwanda FinTech startups

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

  • Industry: Food and Beverage, Farming, Agriculture
  • Stage:Private Equity, Seed
  • Geography: Kenya, Uganda, Tanzania

Investor stats

  • Total investments: 59
  • Round size: Seed $1M–$3.8M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • MazaoHub — AI-first SaaS connecting soil, farmers, inputs, agronomy care, field operations, traceability and markets through real last-mile intelligence.
  • FarmWorks — FarmWorks is an agricultural technology company that gives farmers access to farm inputs as well as a market for the produce .FarmWork is to unlock agricultural potential by building clusters of mid-sized farms while working with thousands of small-holder farmers and establishing direct linkage to local and global markets.
  • Irrisol Engineering — Irrisol Engineering is an impact-driven social enterprise dedicated to providing affordable, socially inclusive, and environmentally sustainable water supply and irrigation systems for underserved rural communities.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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LuxDev
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Rwanda FinTech startups

Luxembourg Development Cooperation Agency

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Investment focus

  • Industry: CRM, Finance, Software
  • Stage:Seed
  • Geography: Rwanda, Albania

Investor stats

  • Total investments: 2
  • Round size: Seed $125k–$1.2M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Kayko — Powering Growth for African Businesses
  • Data4X — Data4X powered by TMS LLC is the go-to market intelligence platform for Western Balkan countries providing in-depth Macroeconomic Overview, Industry & Sectorial Insights, tailored studies for the business landscape.Data4X stands as a leading and singular platform in Kosovo, curated from an in-depth understanding of the intrinsic needs fordata and market intelligence across businesses. We are dedicated to converting complex datasets into clear insights, empowering strategic decision-making.
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Burrow Capital
VC Fund · 1 investments in Rwanda FinTech startups

Burrow Capital is a family office founded by Shaun & Mike Burrow. Investing in both public and private technology and SaaS (Software as a Service) companies.

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Investment focus

  • Industry: Finance, Software, Financial Services
  • Stage:Seed
  • Geography: Rwanda

Investor stats

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

Portfolio highlights

  • Kayko — Powering Growth for African Businesses
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Acacia Venture Capital Partners
VC Fund · Shanghai, Shanghai, China · 1 investments in Rwanda FinTech startups

Acacia is a cross border investment manager, specialising in private market investments. The team is composed of a diverse and international group that is primarily based in Shanghai.

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Investment focus

  • Industry: Software, FinTech, E-Commerce
  • Stage:Seed, Pre-Seed, Series B
  • Geography: United States, Mexico, Colombia

Investor stats

  • Total investments: 26
  • Round size: Seed $1.5M–$8.2M; Pre-Seed $125k–$500k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Menza — We'll share the full story soon. Thank you to every customer, investor, and friend who built this with us.
  • Modelence — Modelence runs your app in production for you: managed database, auth, backups, scaling and AI-monitored infrastructure from the first deploy. Start free.
  • Karumi — Karumi is an AI agent that joins a live video call with your prospects to deliver personalized product demos, 24/7, in any language.
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NISK Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Rwanda FinTech startups

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

  • Industry: Financial Services
  • Stage:Seed
  • Geography: Rwanda

Investor stats

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

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.
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Luxembourg Export Credit Agency
VC Fund · 1 investments in Rwanda FinTech startups

ODL is a public institution established in 1961 and governed by the law of the 04th of December 2019, that offers two different tools to accompany companies in their international development:1. support through a partial contribution to international promotion costs; 2. insurance against the risks associated with international transactions andforeign investments.

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Investment focus

  • Industry: Finance, Software, Financial Services
  • Stage:Seed
  • Geography: Rwanda

Investor stats

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

Portfolio highlights

  • Kayko — Powering Growth for African Businesses
Show all investments...

FinTech Investor funding in Rwanda at a glance

Stats across 29 deals from 32 investors.

32
investors
in Rwanda FinTech startups
29
deals
in Rwanda FinTech startups
$43k
median round
in Rwanda FinTech startups
34%
lead investors
lead at least one round
28%
Grant
most common funding stage
100/0
VC / Angel
share of investor count

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