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Top 50 FinTech Startup Investors in South Africa (June 2026)

The most active venture capital funds and angel investors investing in South Africa FinTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in South Africa 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
CRE Venture Capital
VC Fund
8 South Africa, Nigeria, United States Seed, Series A, Pre-Seed Financial Services, FinTech, Software $250k–$25M
UW Ventures
VC Fund
7 South Africa Seed, Series A FinTech, Payments, Insurance $456k–$31M
4Di Capital
VC Fund
7 South Africa, United States, Kenya Seed, Series A, Pre-Seed Software, Financial Services, Mobile $441k–$47M
Naspers Foundry
VC Fund
6 South Africa, United Kingdom Seed, Series A, Series B Financial Services, Farming, Software $854k–$15M
Allan Gray
VC Fund
6 South Africa, United States Seed, Series A, Series C FinTech, Payments, Mobile Payments $456k–$100M
Launch Africa
VC Fund
6 Nigeria, South Africa, United States Seed, Pre-Seed Financial Services, FinTech, Information Technology $200k–$4M
Quona Capital
VC Fund
5 India, Brazil, Indonesia Series A, Seed, Series B Financial Services, FinTech, Finance $2.4M–$87M
Raba Partnership
VC Fund
5 United States, South Africa, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Finance $635k–$32M
Maven 11 Capital
VC Fund
5 United States, United Kingdom, Germany Seed, Series A Blockchain, Cryptocurrency, Financial Services $1.7M–$43M
Goodwell Investments
VC Fund
4 Nigeria, South Africa, Kenya Series A, Series B FinTech, Financial Services, Banking $1.6M–$26M
1kx
VC Fund
4 United States, Germany, Switzerland Seed, Series A Blockchain, Cryptocurrency, Software $1.8M–$28M
Everywhere Ventures
VC Fund
4 United States, Australia, India Pre-Seed, Seed, Series A Software, Health Care, FinTech $550k–$105M
Merrill Lynch
VC Fund
4 United States, India, United Kingdom Series B, Series C Software, Information Technology, Internet $10M–$85M
Ragnar Sass
Angel
4 Estonia, United States, Ukraine Seed, Pre-Seed Information Technology, Software, SaaS $110k–$6M
Martin Villig
Angel
4 Estonia, Spain, South Africa Seed, Angel, Pre-Seed Software, FinTech, Education $111k–$6M
Future Africa
VC Fund
4 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$20M
Change Ventures
VC Fund
4 Estonia, Latvia, Lithuania Seed, Pre-Seed, Series A Software, Information Technology, Apps $273k–$33M
Firstminute Capital
VC Fund
3 United Kingdom, United States, Germany Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $650k–$30M
Oui Capital
VC Fund
3 Kenya, Nigeria, United States Seed, Pre-Seed Transportation, Financial Services, Information Technology $40k–$4.9M
RaliCap
VC Fund
3 United States, Nigeria, Mexico Seed, Pre-Seed, Angel Financial Services, FinTech, Payments $313k–$8.3M
54 Collective
VC Fund
3 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech $40k–$4M
Markus Villig
Angel
3 Estonia, United States, United Kingdom Seed, Pre-Seed, Angel Software, Information Technology, FinTech $230k–$3.5M
Flourish Ventures
VC Fund
3 United States, India, Brazil Series A, Seed, Series B FinTech, Financial Services, Finance $2M–$65M
Lireas Holdings
VC Fund
3 South Africa, United States Seed, Series A, Series B FinTech, InsurTech, Security $4.6M–$47M
Musha Ventures
VC Fund
3 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Software, Financial Services, FinTech $125k–$10M
Sound Ventures
VC Fund
3 United States, Canada, Israel Series A, Seed, Series B Software, FinTech, Financial Services $2M–$105M
Imvelo Ventures
VC Fund
3 South Africa Seed FinTech, Software, Financial Services $570k–$2M
Scalar Capital
VC Fund
3 United States, Canada, Israel Seed, Series A Blockchain, Software, Cryptocurrency $1.3M–$30M
Kalon Venture Partners
VC Fund
3 South Africa, Luxembourg, United States Seed, Series A Apps, Internet, Software $570k–$7M
Kleiner Perkins
VC Fund
3 United States, China, United Kingdom Series B, Series A, Series C Software, Information Technology, Health Care $5M–$100M
4DX Ventures
VC Fund
3 Egypt, United States, South Africa Seed, Pre-Seed, Series A FinTech, Financial Services, Logistics $50k–$40M
TLcom Capital Partners
VC Fund
3 Nigeria, United States, United Kingdom Series A, Seed Software, Mobile, Information Technology $494k–$13M
Yossi Hasson
Angel
3 South Africa, United States, Ghana Seed, Pre-Seed, Series A Financial Services, Blockchain, Payments $120k–$551k
Phillip Sebole Masango
Angel
3 South Africa Seed, Series A, Private Equity Information Technology, Software Engineering, Artificial Intelligence $1.6M–$14M
HAVAÍC
VC Fund
3 South Africa, United States, Kenya Seed, Series A Software, Health Care, FinTech $57k–$15M
Crossfin Technology
VC Fund
2 South Africa, United States, Russian Federation Series A, Private Equity Payments, Financial Services, Information Technology
Accion Ventures
VC Fund
2 India, United States, Mexico Seed, Series A Financial Services, FinTech, Finance
Boost VC
VC Fund
2 United States, Canada, United Kingdom Seed, Pre-Seed Software, Blockchain, Virtual Reality
PayPal Ventures
VC Fund
2 United States, United Kingdom, India Series B, Series A, Series C Financial Services, FinTech, Software
Century Oak Capital
VC Fund
2 Nigeria, United States, Kenya Seed, Pre-Seed, Series A FinTech, Retail, Software
Newid capital
VC Fund
2 India, Kenya, Turkey Series A, Seed, Series B Financial Services, FinTech, Credit
Yellowwood
VC Fund
2 Nigeria, South Africa Pre-Seed, Series A, Series B Financial Services, Payments, Insurance
DCG Expeditions
VC Fund
2 United States, India, Nigeria Seed, Pre-Seed, Series A Financial Services, FinTech, Blockchain
Speedinvest
VC Fund
2 United Kingdom, Germany, Austria Seed, Series A, Pre-Seed Software, FinTech, Financial Services
Wintermute
VC Fund
2 United States, Singapore, United Kingdom Seed, Series A Blockchain, Cryptocurrency, Financial Services
FSD Africa
VC Fund
2 South Africa, United States, Kenya Seed, Series B Financial Services, FinTech, Payments
First circle capital
VC Fund
2 Nigeria, Egypt, United States Pre-Seed, Seed Financial Services, FinTech, Finance
Hollard Insurance
VC Fund
2 Australia, South Africa, Spain Series B, Series A Financial Services, FinTech, Information Technology
AlphaCode Club
VC Fund
2 South Africa, United Kingdom Grant, Debt Financing Financial Services, FinTech, Automotive
Norrsken VC
VC Fund
2 Sweden, Germany, United Kingdom Seed, Series A Software, Health Care, Food and Beverage $1.1M–$27M
Access all 223 investors in South Africa FinTech startups.

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

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Investor list

CRE Venture Capital
VC Fund · New York, New York, United States · 8 investments in South Africa FinTech startups

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

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

Investor stats

  • Total investments: 56
  • Round size: Seed $1.1M–$4M; Pre-Seed $250k–$3.3M; Series A $1.1M–$25M
  • Lead/follow: 32% lead, 68% follow

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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UW Ventures
VC Fund · Johannesburg, NA - South Africa, South Africa · 7 investments in South Africa FinTech startups

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

  • Industry: FinTech, Payments, Insurance
  • Stage:Seed, Series A
  • Geography: South Africa

Investor stats

  • Total investments: 13
  • Round size: Seed $456k–$2.5M; Series A $1.6M–$31M
  • Lead/follow: 54% lead, 46% follow

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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4Di Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 7 investments in South Africa FinTech startups

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

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

Investor stats

  • Total investments: 40
  • Round size: Seed $441k–$6M; Pre-Seed $3M–$4M; Series A $2M–$47M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Lumkani — AFFORDABLE ALARM SYSTEMS & INSURANCE FOR YOUR HOME OR BUSINESS Whether you are in a township, informal settlement, or suburb, we have the right protection for you. AFFORDABLE ALARM SYSTEMS & INSURANCE FOR YOUR HOME OR BUSINESS Whether you are in a township, informal settlement, or suburb ...
  • Investsure — InvestSure is a technology company that uses its software to enable partner investment platforms to sell its unique Investment Indemnity (insurance) product to their clients. InvestSure provides a full set of APIs that trading platform developers can use to integrate the Investure Investment Indemnity product seamlessly and easily into theirwebsites and mobile applications. Once InvestSure technology is added to a trading platform, it enables users to buy insurance on their shares with a single click. The full process from buying to insurance to settling claims is fully automated.The Investment Indemnity product itself is a unique innovation; it is designed to protect to protect shareholders against any losses in share value caused by actual or perceived fraud committed by management. This enables investors to secure their investments. The cost of the product is low enough to not significantly reduce returns of investors where no insurance event occurs, but to provide significant downside protection where an insured event does occur.
  • CompariSure — Custom, built-for-purpose service and sales chatbot solutions for financial services providers.
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Naspers Foundry
VC Fund · Cape Town, NA - South Africa, South Africa · 6 investments in South Africa FinTech startups

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

  • Industry: Financial Services, Farming, Software
  • Stage:Seed, Series A, Series B
  • Geography: South Africa, United Kingdom

Investor stats

  • Total investments: 14
  • Round size: Seed $854k–$6M; Series A $3M–$15M; Series B $940k–$11M
  • Lead/follow: 93% lead, 7% follow

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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Allan Gray
VC Fund · Alfred, New York, United States · 6 investments in South Africa FinTech startups

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

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Investment focus

  • Industry: FinTech, Payments, Mobile Payments
  • Stage:Seed, Series A, Series C
  • Geography: South Africa, United States

Investor stats

  • Total investments: 13
  • Round size: Seed $456k–$4M; Series A $1.6M–$7M; Series C $70M–$100M
  • Lead/follow: 15% lead, 85% follow

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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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 6 investments in South Africa FinTech startups

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

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 162
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$1.7M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $36M in 2022

Portfolio highlights

  • Fixit45 — Fixit45 also provides fleet management, auto parts sourcing and delivery, auto care, refurbishment and upgrades, repair financing, and mechanic workshop software as well as pre-purchase inspections, underlying these with moderation for compliance and accountability.
  • 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.
  • HomecomingEx — Homecoming Revolution is a pan-African recruitment firm for global African professionals. We specialise in headhunting & placing global African talent.
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Quona Capital
VC Fund · Washington, District of Columbia, United States · 5 investments in South Africa FinTech startups

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

  • Industry: Financial Services, FinTech, Finance
  • Stage:Series A, Seed, Series B
  • Geography: India, Brazil, Indonesia

Investor stats

  • Total investments: 182
  • Round size: Seed $2.4M–$10M; Series A $3.6M–$30M; Series B $8M–$87M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $332M in 2022

Portfolio highlights

  • Addi — Addi is a technology company that provides credit and banking solutions. Addi is headquartered in Bogota, Colombia.
  • Klar — Klar is a FinTech challenger bank that provides deposit and credit services for Mexican customers.Using the Klar card rewards users with cash of up to 4% cashback for each purchase, not points without confusing conversions or expiration dates. Clients can also send and receive payments and collections money instantly to Klar accounts and otherbanks. The Klar card is linked to an app where users can see all their movements in real-time.Stefan Moller, Daniel Autrique, Jeronimo Riefkohl, and Gianluigi Davassi established the company in Mexico City, Distrito Federal in 2018.
  • Konfio — Konfio provides digital banking, payments, and software tools designed to boost small and mid-size enterprise's growth and productivity. It offers working capital loans, a corporate credit card, a loyalty program, and business productivity software tools.The company was founded in 2013 by David Arana and Francisco Padilla and isheadquartered in Mexico City.
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Raba Partnership
VC Fund · Cape Town, NA - South Africa, South Africa · 5 investments in South Africa FinTech startups

The Raba Partnership, Raba Capital, Raba

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Investment focus

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

Investor stats

  • Total investments: 55
  • Round size: Seed $1.3M–$6M; Pre-Seed $635k–$6.5M; Series A $9.2M–$32M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $60M in 2021

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.
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Maven 11 Capital
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 5 investments in South Africa FinTech startups, 10 in the past 12 months

Maven 11 is a global blockchain and digital asset investment firm. The teams we partner with are on a rigorous quest to solve most exciting problems and make the necessary shift towards decentralised tomorrow.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, Germany

Investor stats

  • Total investments: 114
  • Round size: Seed $1.7M–$10M; Series A $5M–$43M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Utexo — Utexo develops payment infrastructure that enables stablecoin transactions to settle directly on the Bitcoin network. The platform provides an API and related tools that allow payment operators, exchanges, wallets, and financial platforms to process USDT transfers through Bitcoin-based rails. Its system integrates technologies such as the LightningNetwork and the RGB protocol to support instant settlement, encrypted transaction execution, and predictable transaction costs. Utexo also offers cloud infrastructure and developer tools that manage routing, liquidity, and node operations required for stablecoin payments on Bitcoin. These services allow organizations to integrate Bitcoin-based stablecoin settlement into existing applications without operating or maintaining underlying blockchain infrastructure.
  • Oh — Oh is the decentralized and uncensored AI products can offer a range of benefits, such as enhancing privacy, encouraging innovation, and promoting freedom of information.
  • Plural Energy — Plural Energy helps investors invest directly in renewable energy projects. The company utilizes blockchain-enabled smart contracts to provide constant yield and liquidity to investors.
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Goodwell Investments
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 4 investments in South Africa FinTech startups

Goodwell Investments is a pioneering investment firm focused on financial inclusion, fintech and inclusive growth in sectors providing

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Investment focus

  • Industry: FinTech, Financial Services, Banking
  • Stage:Series A, Series B
  • Geography: Nigeria, South Africa, Kenya

Investor stats

  • Total investments: 47
  • Round size: Series A $1.6M–$12M; Series B $2M–$26M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • OmniRetail — OmniRetail is a consumer goods distribution platform that solves the inefficiencies of traditional trade by digitizing key stakeholders through its products.
  • Hinckley Recycling — Hinckley Recycling is dedicated to the responsibility of being a good steward of the environment and will in all circumstances aspire to constantly emphasize awareness of the natural environment, whilst maintaining a level of proficiency which demonstrates bona fide leadership in all spheres of the environment.
  • Agent Banking Company — Agent Banking Company provides digital technology solutions that enable access to banking services through bank-approved agents.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
1kx
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 4 investments in South Africa FinTech startups

1kx is an early-stage investment firm focused on ecosystem growth.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Software
  • Stage:Seed, Series A
  • Geography: United States, Germany, Switzerland

Investor stats

  • Total investments: 154
  • Round size: Seed $1.8M–$11M; Series A $6M–$28M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • VOYA Games
  • Impossible Cloud — Experience Impossible Cloud Storage: Secure, scalable, performant. Decentralized architecture, S3 API compatibility, 100% durability. Start free trial now.
  • Open Game Protocol — Open Game System is a project that helps web games work better on phones, allowing the games to use tools that phones already have.
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Everywhere Ventures
VC Fund · New York, New York, United States · 4 investments in South Africa FinTech startups

Everywhere Ventures is a global pre-seed venture capital fund for founders, by founders. Click to read Everywhere VC, by Everywhere Ventures, a Substack publication with tens of thousands of subscribers.

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Investment focus

  • Industry: Software, Health Care, FinTech
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, Australia, India

Investor stats

  • Total investments: 262
  • Round size: Seed $1.5M–$7M; Pre-Seed $550k–$2.5M; Series A $7.3M–$105M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • VAMA — VAMA is a one-stop virtual platform that provides easy access to e-pujas, e-darshans, and astrology services, to devotees from across India and the world.
  • Presta — Presta provides digital lending infrastructure for the banking industry. The company was founded in 2022 and is headquartered in Cleveland, Ohio.
  • Journey Live — Journey is shifting the way modern companies prioritize mental health. Our proactive, inclusive tools engage every employee, every day.
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Merrill Lynch
VC Fund · New York, New York, United States · 4 investments in South Africa FinTech startups

Merrill Lynch Wealth Management has the financial advisors and expertise to help you achieve your goals at any stage of your life or career.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Series B, Series C
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 88
  • Round size: Series B $10M–$80M; Series C $10M–$85M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • ITM Power — ITM manufacture PEM electrolysers. A pioneering technology that generates green hydrogen enabling customers to decarbonise.
  • Pharmacierge — Pharmacierge is the digital e-prescribing service chosen by private clinicians to deliver medication to their patients throughout the UK and worldwide. Clinicians create and transfer e-prescriptions to our pharmacy near London's Harley Street, for free delivery to their patients either the same day or next weekday
  • The Boeing Company — Welcome to the official corporate site for the world's largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. Learn about our passion for innovation, our products, careers and more.
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Ragnar Sass
Angel · 4 investments in South Africa FinTech startups

Ragnar Sass is the Co-Founder of Darkstar Camp. He previously worked at LIFT99 as a Founder and CEO. Ragnar Sass attended Estonian Business School.

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Investment focus

  • Industry: Information Technology, Software, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Estonia, United States, Ukraine

Investor stats

  • Total investments: 31
  • Round size: Seed $800k–$6M; Pre-Seed $110k–$2.2M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Alvin — Highly accurate, automated column-level lineage, powering your data workflows.
  • BeTRITON — 100% electric recreational vehicle - revolution in sustainable travel. BeTRITON (formerly known as Z-Triton) offers extraordinary experience and freedom to travel both over land and water.
  • Around — The largest network of workspaces on flexible terms. We are a savvy team from Latin America providing fast-growing companies with on-demand access to flexible office space. Everywhere.We believe work at its best is always creative and collaborative, expressed with freedom, autonomy, and purpose; and the space surrounding us should help us achieveit, anywhere & everywhere.We are shaping the future of work today by improving workspaces and the rules around them, and helping innovative teams find their ideal space to make their best work every day — our first step on a journey to change the way we work and think about work.Our best work. Anywhere. Everywhere. We are Around.
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Martin Villig
Angel · Tallinn, Harjumaa, Estonia · 4 investments in South Africa FinTech startups

Martin is co-founder of Bolt.eu, Estonian Founders Society, Garage48.org, Good Deed Education Foundation and kood/Jõhvi coding school. Read more from http://martinvillig.com

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Investment focus

  • Industry: Software, FinTech, Education
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Estonia, Spain, South Africa

Investor stats

  • Total investments: 20
  • Round size: Seed $500k–$6M; Angel $111k–$637k; Pre-Seed $276k–$2.2M
  • Lead/follow: 0% lead, 100% follow

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.
  • Mentornaut — Mentornaut is a new online tutoring platform is aiming to increase inclusion in personalized education and counts Super angel, United Angels VC, and a list of EdTech advocates like Bolt co-founder Martin Villig, and Clanbeat co-founder Kadri Tuisk among its investors.
  • StudentFinance — Catapult your career with leading re-skilling and up-skilling bootcamps. Study now and pay us back once you land a job & start earning!
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Future Africa
VC Fund · San Francisco, California, United States · 4 investments in South Africa FinTech startups

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

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

Investor stats

  • Total investments: 87
  • Round size: Seed $500k–$4M; Pre-Seed $100k–$3.7M; Series A $7M–$20M
  • Lead/follow: 14% lead, 86% follow

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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Change Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 4 investments in South Africa FinTech startups

We are a seed stage venture capital fund based in the Baltic states, backing ambitious Baltic founders anywhere in the world.

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Investment focus

  • Industry: Software, Information Technology, Apps
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, Latvia, Lithuania

Investor stats

  • Total investments: 63
  • Round size: Seed $500k–$4.5M; Pre-Seed $273k–$2.2M; Series A $1M–$33M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Eurora — Eurora develops an e-commerce suite of customs compliance tools.
  • FanSifter — FanSifter is a fan data management platform that leverages machine learning to help rights holders in music, entertainment, and sports increase tickets, music, merch, experiences, and sponsorships sales.
  • RecruitLab — Teamdash's built-in recruitment, applicant tracking, and marketing features give you the focus you need to achieve the impossible. Here's how.
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Firstminute Capital
VC Fund · London, England, United Kingdom · 3 investments in South Africa FinTech startups

firstminute is a seed fund backed by over 130 unicorn founders and a world-class community.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 186
  • Round size: Seed $2.4M–$10M; Pre-Seed $650k–$5.5M; Series A $6.8M–$30M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Klu.ai — Klu.ai is a generative AI platform that simplifies the process of designing, deploying, and optimizing AI applications.The company integrates major large language models (LLMs) such as Anthropic Claude, Azure OpenAI, GPT-4, and over 15 other models, enabling rapid prompt/model experimentation, data gathering, and user feedback. The platformoffers features like Klu Actions for content generation, business operations workflows, content analysis, and summarization, as well as optimization techniques for A/B testing and fine-tuning support for models like OpenAI's GPT-3.5 Turbo and GPT-4. Klu.ai is committed to data privacy and security, providing data obfuscation and redaction features to protect sensitive information.Klu.ai is founded by Stephen M. Walker II in 2022 and is located in San Francisco, California.
  • Quench.ai — Quench is a tech infrastructure for video creators to deliver exclusive content, engage and reward their true fans.
  • Stitch — One API integration for enterprise online payments across South Africa. Accept Pay by bank, debit + credit card, cash, manual EFT, debit order and crypto.
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Oui Capital
VC Fund · Belmont, Massachusetts, United States · 3 investments in South Africa FinTech startups

Oui Capital is an Africa-focused VC firm backing tech-enabled businesses at the pre-seed & seed stage.

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Investment focus

  • Industry: Transportation, Financial Services, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Nigeria, United States

Investor stats

  • Total investments: 26
  • Round size: Seed $200k–$4.9M; Pre-Seed $40k–$1.3M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Duplo — We enable businesses across Africa to simplify their payment flows.
  • Cauridor — Cauridor is a Financial Services company.
  • Herconomy (Ex AGS Tribe) — Herconomy is a platform that allows women build their finances, capacity, collaborate and access opportunities.
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RaliCap
VC Fund · San Francisco, California, United States · 3 investments in South Africa FinTech startups

Rally Cap is a global community of tech folks investing in an exclusive portfolio of top-tier early stage venture funds in Latin America and sub-Saharan Africa.

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Investment focus

  • Industry: Financial Services, FinTech, Payments
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United States, Nigeria, Mexico

Investor stats

  • Total investments: 54
  • Round size: Seed $1.4M–$8.3M; Pre-Seed $313k–$3.7M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Frain technologies — We're passionate about the product delivery value chain.
  • Moffin — Moffin is an integration platform of KYC data providers that enables customers to collect and evaluate data. It can be used via API or no code.
  • Revio — Subscription billing and payments made easy.
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54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa · 3 investments in South Africa FinTech startups

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

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Investment focus

  • Industry: Health Care, Information Technology, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 107
  • Round size: Seed $40k–$4M; Pre-Seed $40k–$1.3M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • 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.
  • Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
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Markus Villig
Angel · Tallinn, Harjumaa, Estonia · 3 investments in South Africa FinTech startups

Markus Villig is founder and CEO of Taxify. He attended University of Tartu.

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Investment focus

  • Industry: Software, Information Technology, FinTech
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Estonia, United States, United Kingdom

Investor stats

  • Total investments: 26
  • Round size: Seed $1.1M–$3.5M; Pre-Seed $230k–$3.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • GScan — Cosmic-ray based solutions for 3D imaging. GScan redefines the boundaries of 3D scanning with Muon Flux Technology (MFT) detectors. Unparalleled quality, safety, ease-of-use. Scan anything. Detect everything.
  • Sera — Sera's AI streamlines prospecting with tailored lists and enriched profiles, including accurate emails and metrics.
  • ScamGuardian.AI — Providing Actionable Intelligence to Stop Scams
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Flourish Ventures
VC Fund · Redwood City, California, United States · 3 investments in South Africa FinTech startups

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

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Series A, Seed, Series B
  • Geography: United States, India, Brazil

Investor stats

  • Total investments: 180
  • Round size: Seed $2M–$8.5M; Series A $5.5M–$35M; Series B $8.3M–$65M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Spade — Providing AI merchant extraction, brand logos, merchant locations, and categorization as a service to fin-techs.
  • Spry — Simplify your physical therapy practice with SPRY. Our all-in-one software streamlines billing, EMR, documentation, and insurance verification. Experience the SPRY difference today.
  • Hummingbird — Hummingbird is a platform for managing anti-money laundering (AML) operations. Compliance professionals use Hummingbird to collect case information, conduct investigations, and report on unusual or suspicious behaviors. The platform dramatically reduces paperwork and improves efficiency, enabling AML investigators to refocus on fighting financialcrime.Hummingbird’s founding team brings together product and regulatory experience from organizations like Square, IDEO, the Department of the Treasury, and the OCC. Hummingbird is using data and design to modernize regulatory compliance in finance.
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Lireas Holdings
VC Fund · Johannesburg, NA - South Africa, South Africa · 3 investments in South Africa FinTech startups

Lireas is a leading investment company with a specific focus on insurance and insurance technology investments. We have a track record of over 35 years investing in start-ups and existing businesses requiring growth funding or new partners. We invest in people and not just elaborate business plans a

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Investment focus

  • Industry: FinTech, InsurTech, Security
  • Stage:Seed, Series A, Series B
  • Geography: South Africa, United States

Investor stats

  • Total investments: 6
  • Round size: Series A $4.6M–$47M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • LifeQ — We empower everyone to delay aging, optimize your health, harness more energy, reduce the probability of disease, and understand why and how your body is changing, right now! It is in your power to be your biologically younger self.
  • Pineapple — In short, Pineapple see the traditional insurance model, user journey and products as lacking and set out to remedy these by doing the following: 1) Changing the business model to align incentives, show people how premiums are used and award members leftover premium back 2) Making insuring as easy as snapping a picture where AI does the rest andcover is issued in under 60 seconds 3) Allowing per-item insurance and new product innovation to address cover not currently offered or accessible to manyPineapple launched in South Africa in 2018 with their "My Stuff" per-item insurance and have since launched their auto offering "My Ride". They have also partnered with Travelers in the US and have white-labeled their platform in the US.
  • Investsure — InvestSure is a technology company that uses its software to enable partner investment platforms to sell its unique Investment Indemnity (insurance) product to their clients. InvestSure provides a full set of APIs that trading platform developers can use to integrate the Investure Investment Indemnity product seamlessly and easily into theirwebsites and mobile applications. Once InvestSure technology is added to a trading platform, it enables users to buy insurance on their shares with a single click. The full process from buying to insurance to settling claims is fully automated.The Investment Indemnity product itself is a unique innovation; it is designed to protect to protect shareholders against any losses in share value caused by actual or perceived fraud committed by management. This enables investors to secure their investments. The cost of the product is low enough to not significantly reduce returns of investors where no insurance event occurs, but to provide significant downside protection where an insured event does occur.
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Musha Ventures
VC Fund · New York, New York, United States · 3 investments in South Africa FinTech startups

Seed capital for technology startups globally.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 138
  • Round size: Seed $125k–$4.2M; Pre-Seed $300k–$3.2M; Series A $2.5M–$10M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • nGrow.ai — Boost revenue and engagement
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
  • SkillMagic — SkillMagic's AI finds the best technical content, delivers it directly to junior engineers, and helps you track progress.
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Sound Ventures
VC Fund · Beverly Hills, California, United States · 3 investments in South Africa FinTech startups

Sound Ventures is a venture capital firm. The company seeks to invest in the technology sector.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 191
  • Round size: Seed $2M–$10M; Series A $8M–$35M; Series B $15M–$105M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: Likely still investing — raised $243M in 2023

Portfolio highlights

  • Anomaly — Anomaly harnesses the power of AI to bring you Smart Response Predict and Smart Response Trends to level up your coding and billing and reduction of denials. We brought together millions of claims data from the industries largest players to develop an AI tool for hospitals and providers to reduce denials.
  • Diadia Health, Inc — An AI medical reasoning platform that helps clinicians analyze the root causes of symptoms and create personalized protocols that drive better outcomes.
  • Arcade — Arcade is a B2C platform that transforms the jewelry market through its prompt-to-product solution, allowing users to create unique designs using AI. The marketplace supports various user roles, enabling customers, designers, and influencers to engage and collaborate.
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Imvelo Ventures
VC Fund · Sandown, NA - South Africa, South Africa · 3 investments in South Africa FinTech startups

Imvelo Ventures is a venture capital and growth equity firm in South Africa managed by Capitec Bank.

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Investment focus

  • Industry: FinTech, Software, Financial Services
  • Stage:Seed
  • Geography: South Africa

Investor stats

  • Total investments: 4
  • Round size: Seed $570k–$2M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • BancX — bancX is a modular, as-a-service platform for banks, fintechs, lenders, and retailers to build or extend their offering to meet market demand.
  • Lipa Payments — Lipa Payments is a payment software solution that allows businesses to perform transactions using NFC. We remove the need for additional payment hardware.
  • The Cape Town Stock Exchange — The Cape Town Stock Exchange is a south Africa’s stock exchange for small- and medium-sized businesses.
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Scalar Capital
VC Fund · San Francisco, California, United States · 3 investments in South Africa FinTech startups

Crypto investment firm. Austin, TX.

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Investment focus

  • Industry: Blockchain, Software, Cryptocurrency
  • Stage:Seed, Series A
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 37
  • Round size: Seed $1.3M–$12M; Series A $7.5M–$30M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Sound — Sound is a suite of music and economic tools powering the next generation of artists and their communities, starting with listening parties for new releases
  • Stack — Recognize and reward the relationships that matter
  • Stackr Labs — Micro-rollups to scale web3 applications
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Kalon Venture Partners
VC Fund · Johannesburg, NA - South Africa, South Africa · 3 investments in South Africa FinTech startups

A growing number of South Africans are investing in venture capital companies that operate under Section 12J of the Income Tax Act. Contact us now.

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Investment focus

  • Industry: Apps, Internet, Software
  • Stage:Seed, Series A
  • Geography: South Africa, Luxembourg, United States

Investor stats

  • Total investments: 17
  • Round size: Seed $570k–$3M; Series A $2M–$7M
  • Lead/follow: 71% lead, 29% follow

Portfolio highlights

  • 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.
  • Sendmarc — Manage your organization's DMARC, SPF, and DKIM with world-class implementation services and support. All in one easy-to-use platform.
  • visionAI — Enhance factory efficiency with visionAI by using existing cameras to uncover inefficiencies and eliminate your production blindspots. Book a demo now!
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Kleiner Perkins
VC Fund · Menlo Park, California, United States · 3 investments in South Africa FinTech startups

Kleiner Perkins is an American venture capital firm headquartered on Sand Hill Road in Menlo Park in Silicon Valley.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Series B, Series A, Series C
  • Geography: United States, China, United Kingdom

Investor stats

  • Total investments: 1117
  • Round size: Series A $5M–$40M; Series B $10M–$71M; Series C $12M–$100M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • UiPath — Reinvent your workplace with the leading robotic process automation platform and learn how UiPath can help your company become a fully automated enterprise.
  • Mirage — Say hello to Captions, the only camera and editing app that automatically transcribes, captions and clips your talking videos for you.
  • Handshake — The largest expert network for learning, earning, and growing careers in the AI economy, giving everyone an accessible first step into an AI-powered career.
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4DX Ventures
VC Fund · Brooklyn, New York, United States · 3 investments in South Africa FinTech startups

4DX Ventures is a Pan-Africa Focused Venture Capital Firm. Our mission is to connect people, ideas, and capital to create a vibrant African community.

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Investment focus

  • Industry: FinTech, Financial Services, Logistics
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Egypt, United States, South Africa

Investor stats

  • Total investments: 76
  • Round size: Seed $500k–$8M; Pre-Seed $50k–$6.5M; Series A $6.6M–$40M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — raised $60M in 2021

Portfolio highlights

  • Suplyd — Suplyd is a comprehensive digital solution that bridges the gap between restaurant operators and their suppliers in order to disrupt an untouched market with extreme fragmentation and resolve the problem end-to-end.
  • Aether Bio — Aether uses its state of the art platform to rapidly engineer enzymes, enabling our customers to manufacture complex and novel products at fractional cost.
  • Franc — Franc is the easiest way to save & invest. Our app doesn’t require any investment knowledge & our friendly risk quiz helps us understand how much investment risk is right for you. Users can start investing in less than 2 minutes. There is no minimum requirement & no paperwork. It is a seamless digital experience end-to-end. A usersimply chooses a goal, selects an investment strategy, verifies their identity & makes a deposit. Each user is recommended a personalised investment strategy for each investment goal, combining money market & index tracking ETFs. Our helpful calculators assist clients with their budgeting, retirement & targeted savings needs. We also provide free access to our online academy & fun financial literacy quizzes.We know saving is hard & investing can be scary, which is why we create savings groups & challenges so that users can encourage one another. We also run weekly competitions where users can stand a chance to win a cash prize that will boost their investments.
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TLcom Capital Partners
VC Fund · London, England, United Kingdom · 3 investments in South Africa FinTech startups

TLcom Capital, is an Africa focused tech VC, with offices in Lagos, Nairobi and London. TLcom had been investing since 1999 in Tech, Media, Mobil and Internet companies across Europe, US and Africa, which is the exclusive focus of its most recent TLcom TIDE Africa funds. TLcom manages total commitments of approximately 300 million USD in thesesectors via a series of dedicated investment vehicles. Our investment strategy is to identify, back and assist world class entrepreneurs and management teams with disruptive technologies and business models, compelling intellectual property and deep market knowledge. We primarily target companies focused on Africa as a prime market, in the following investment themes: Access to Data Service; Financial Services; eCommerce; B2C applications (including but not limited to: health, education, energy, media and entertainment); and Software solutions to corporates and SMEs.

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Investment focus

  • Industry: Software, Mobile, Information Technology
  • Stage:Series A, Seed
  • Geography: Nigeria, United States, United Kingdom

Investor stats

  • Total investments: 57
  • Round size: Seed $494k–$13M; Series A $3.8M–$13M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely still investing — raised $150M in 2022

Portfolio highlights

  • 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.
  • Talstack — Talstack is an all-in-one platform for employee growth and development
  • LittleFish — Full stack enterprise platform that extends your infrastructure, instead of replacing it.
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Yossi Hasson
Angel · Cape Town, NA - South Africa, South Africa · 3 investments in South Africa FinTech startups

Yossi Hasson is the Co-Founder and CEO of Metaversal and a Venture Partner at 2048 Ventures. He is also a Non-Executive Director of WeThinkCode_. Prior to that, he was the Managing Director of Techstars. He attended Stanford University Graduate School of Business and the University of Pretoria/Universiteit van Pretoria.

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Investment focus

  • Industry: Financial Services, Blockchain, Payments
  • Stage:Seed, Pre-Seed, Series A
  • Geography: South Africa, United States, Ghana

Investor stats

  • Total investments: 29
  • Round size: Seed $120k–$551k; Pre-Seed $120k–$230k
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Howler — Howler, is the powerful event technology platform designed at the uppermost benchmarks of service and technology to help consumers and event organisers to make moments that matter.
  • WizzPass — WizzPass, a rapidly growing leader in the visitor management system and workplace management market is now FMS:Engage powered by FM:Systems.
  • The Sun Exchange — We finance, install, and maintain the solar system. You simply pay for the power it generates and save from day one.
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Phillip Sebole Masango
Angel · Cape Town, NA - South Africa, South Africa · 3 investments in South Africa FinTech startups

Phillip Sebole Masango, is a South African C-Siute Executive and Venture Capitalist, a visionary who seamlessly navigates the intersections of Technology, Artificial Intelligence (AI), Business Development, Business Intelligence (BI), Design, Web, Blockchain, Cloud Computing, Cybersecurity, IoT, Digital Strategy, Creativity, and Innovation. With aproven track record of assuming CEO, CTO, and other top executive roles, he brings a rare fusion of technical expertise, business acumen, and strategic foresight to every venture he leads. Phillip doesn’t just build companies—he drives innovation, scales businesses, and redefines industries.A Mission Rooted in Empowerment and Progress: With extensive experience in the Startup Ecosystem, Technology Industry, Creative Industry, Digital Innovation, Management Consulting, and Venture Capital, Phillip thrives in environments where innovation flourishes. His mission is to empower individuals, startups, businesses, and organizations by delivering cutting-edge technology and digital solutions that drive exponential growth. However, his work extends beyond personal ambition—it is a devotion to serving humanity. Phillip is committed to creating a world where technology democratizes and decentralizes industries, enabling individuals and businesses to innovate, lead, and thrive. He envisions a future where technology not only liberates but also elevates and inspires—enabling companies to reach new heights and igniting a wave of global prosperity.A Legacy of Meaningful Success: For Phillip, success is not defined by accolades or financial gain—it is measured by the profound impact he creates. He refuses to chase success in pursuits that lack meaning, believing that true success comes from doing what one loves—better than anyone else—driven by passion, joy, and self-mastery. His approach to business and innovation is holistic, tackling challenges from multiple angles to fuel transformative change. He thrives in collaborative environments where boundaries are pushed, industries are reshaped, and new possibilities emerge.Yet beyond business, Phillip understands that life is a journey of emotions and meaning. He embraces every experience—both triumphs and challenges—as stepping stones toward a greater purpose. With unwavering dedication and a heart set on impact, he continues to push forward, leaving a legacy that will resonate for generations to come.

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Investment focus

  • Industry: Information Technology, Software Engineering, Artificial Intelligence
  • Stage:Seed, Series A, Private Equity
  • Geography: South Africa

Investor stats

  • Total investments: 11
  • Round size: Seed $4.8M–$11M; Series A $1.6M–$14M
  • Lead/follow: 82% lead, 18% follow

Portfolio highlights

  • The AI Studio — The AI Studio is an advanced artificial intelligence research and innovation hub operating under Amani Creative Studios. It is designed to enhance and integrate AI capabilities into our existing services, spanning Web2, Web3, cybersecurity, branding, and software development. Every solution we offer at Amani Creative Studios and Web3 Studio willnow be AI-powered and AI-enhanced, unlocking new capabilities in automation, prediction, personalization, and efficiency.AI-Powered Web3 Solutions – AI-driven smart contracts, blockchain forensics, and decentralized automation., AI-Driven Branding & Marketing – Intelligent content creation, data-driven strategies, and hyper-personalization, AI-Powered SaaS & Software Development – Automated workflows, predictive analytics, and intelligent decision-making, AI-Optimized UI/UX & Product Design – AI-powered design systems, adaptive interfaces, and automated A/B testing.
  • Amani — Amani Creative Studios is a Dynamic B2B innovation and technology studio where creativity, strategy, and cutting-edge technology converge to empower businesses, startups, and organizations at every stage of growth. We craft transformative digital solutions that redefine industries—blending artistry, strategic insight, and technical excellence todrive meaningful impact. In today’s digital-first world, we provide end-to-end technology and digital solutions that fuel innovation, enhance efficiency, and accelerate growth. Whether you're a startup bringing a vision to life, an established business scaling new heights, a company seeking innovation, or an organization embracing transformation, we are your strategic partner in pushing the boundaries of what's possible. Amani Creative Studios understands the intricate relationship between business products and brand identity. That’s why we offer tailored solutions designed to meet your unique objectives. We’re here to help you navigate the complexities of today’s competitive landscape, providing the expertise and strategies necessary to bring your business products and brands to the forefront. Let’s collaborate to turn your vision into a reality, combining innovative marketing, cutting-edge design, strategic branding, and advanced software development to elevate your business to new heights.
  • Startup Venture Studio — Startup Venture Studio is a leading venture studio dedicated to supporting startups from inception through to post-IPO. We offer a comprehensive suite of services designed to help founders navigate the complexities of building and scaling successful businesses. Our approach combines strategic consulting, operational support, and growth accelerationto drive sustainable success and innovation.
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HAVAÍC
VC Fund · Cape Town, NA - South Africa, South Africa · 3 investments in South Africa FinTech startups

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

  • Industry: Software, Health Care, FinTech
  • Stage:Seed, Series A
  • Geography: South Africa, United States, Kenya

Investor stats

  • Total investments: 43
  • Round size: Seed $57k–$4M; Series A $1.9M–$15M
  • Lead/follow: 60% lead, 40% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • MPost — MPost means Mobile Post office.It enables any mobile phone user to have his or her phone act like a mobile post office. It allows you to make your mobile number be a formal postal address. With it, you get access to Postal Services through your mobile phone.
  • RecoMed — Find the best doctors and dentists. Search by location or by speciality, and find the right doctor for you.
  • AURA — A South African cloud-based security and safety startup .
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Crossfin Technology
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa FinTech startups

Crossfin invests in FINTECH solutions to enable growth for economies in Africa and beyond. Crossfin invests in high growth and established cash generative businesses, offering investors a blended exposure to technology investments in Fintech.

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Investment focus

  • Industry: Payments, Financial Services, Information Technology
  • Stage:Series A, Private Equity
  • Geography: South Africa, United States, Russian Federation

Investor stats

  • Total investments: 15
  • Lead/follow: no public data

Portfolio highlights

  • Adumo — We are your expert partner in payments, enabling you to seamlessly and securely accept payments in-store and online with our true omni-channel experience. Never miss a sale with South Africa's largest independent payments processor.
  • VantagePay — VantagePay provides white-label payment and technology solutions to the Banking, Telco, Financial Services, and Consumer Product Industries.
  • Momint — Momint is the Web3 investment platform of the future. The safest and easiest to use NFT marketplace in the world. Discover the real-world potential of NFTs.
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Accion Ventures
VC Fund · Washington, District of Columbia, United States · 2 investments in South Africa FinTech startups

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

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Seed, Series A
  • Geography: India, United States, Mexico

Investor stats

  • Total investments: 119
  • Lead/follow: no public data

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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Boost VC
VC Fund · San Mateo, California, United States · 2 investments in South Africa FinTech startups

Boost VC: The Pre-Seed Fund Making Sci-FI a Reality. Investing in crypto, virtual reality, augmented reality, AI, Ocean Tech, Space Tech, human augmentation, exoskeletons and more.

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Investment focus

  • Industry: Software, Blockchain, Virtual Reality
  • Stage:Seed, Pre-Seed
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 213
  • Lead/follow: no public data

Portfolio highlights

  • Make Sunsets — We create global cooling by launching reflective, biodegradable, high-altitude clouds. main side effect: more vivid sunsets;)
  • Polkadot — Polkadot is a dedicated community that envisions a web where users own their digital identities and data, restoring their authority.
  • TALPA Inspection — TALPA-Inspection: Corrosion assessment of infrastructure with robotic systems (e.g., drones)
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PayPal Ventures
VC Fund · San Jose, California, United States · 2 investments in South Africa FinTech startups

PayPal Ventures is PayPal's venture capital arm, investing in PayPal's strategic interest fields for return.Leveraging PayPal Venture's expertise and experience, PayPal – and the companies in which it invests – are helping to bring innovative solutions to market more quickly, scale them faster, and build a global financial systemthat is more transparent, personalized, inclusive, and customer-focused. PayPal Venture's investments reinforce its commitment to leading the financial technology industry and supporting entrepreneurship.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Series B, Series A, Series C
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 131
  • Lead/follow: no public data

Portfolio highlights

  • Pinch AI — Pinch is a no-code, AI-powered abuse mitigation platform that helps merchants gain control over their margins and customer acquisition costs by predicting post-purchase buyer behavior.
  • XFlow — Global payments made simple. We make your international money transfers as easy as the domestic ones - safe, simple, and speedy.
  • Prime Security — Shift security to the design stage and solve software vulnerabilities before development starts.
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Century Oak Capital
VC Fund · Vaduz, Vaduz, Liechtenstein · 2 investments in South Africa FinTech startups

Century Oak Capital GmbH is a venture capital firm specializing in early-stage investments in Europe and Emerging Markets.

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Investment focus

  • Industry: FinTech, Retail, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 26
  • Lead/follow: no public data

Portfolio highlights

  • Luna POS — Luna POS provides cloud-based cashier, inventory management, and accounting solutions for SMEs in Indonesia. The company offers a seamless mobile cloud-based Point of Sale (POS) and accounting system, helping the retail industry with managing business activities such as checking the stock of goods, making a bundle menu, calculating sales, and tosee financial statements of the business.
  • Unbox — Unbox is the branded commerce operating system for SMEs helping them to sell online and increase their sales. We provide a ready to sell platform that allows entrepreneurs to digitize their business in less than 5 minutes - fully integrated with social commerce channels and our payment and shipping solutions, helping SMEs to save costs andcentralizing sales into a single platform.
  • SnappRetail — SnappRetail aims to create the largest virtual retail franchise across Pakistan, through deployment of its POS hardware/software, focusing on:1. Traditional trade Analytics for brands and retailers 2. Order Aggregation for manufacturers and distributors 3. Payment Solution for customers 4. Fintech enablement for small merchantsTheSnappRetail POS application has been carefully curated keeping the retailer in mind, the application focuses on digitizing his shop operations and cash flow and creating a real-time tertiary sales data lake.
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Newid capital
VC Fund · Alexandria, Virginia, United States · 2 investments in South Africa FinTech startups

Newid Capital invests internationally in growth-oriented financial services companies serving the underbanked.

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Investment focus

  • Industry: Financial Services, FinTech, Credit
  • Stage:Series A, Seed, Series B
  • Geography: India, Kenya, Turkey

Investor stats

  • Total investments: 10
  • Lead/follow: no public data

Portfolio highlights

  • Lulalend — Meet Lula. Meet Opportunity. We provide SMEs with all-digital business funding and business banking accounts to make cash flow.
  • NOW Money — NOW Money is the UAE's first digital payroll and mobile bank service developed specifically for low income workers.
  • Apollo Agriculture — BRINGING COMMERCIAL FARMING TO EVERYONE Andrew, 3 acre maize farmer and Apollo customer
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Yellowwood
VC Fund · Johannesburg, NA - South Africa, South Africa · 2 investments in South Africa FinTech startups

We help build more purposeful businesses through marketing insights, marketing strategy and marketing planning.

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Investment focus

  • Industry: Financial Services, Payments, Insurance
  • Stage:Pre-Seed, Series A, Series B
  • Geography: Nigeria, South Africa

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • Klump — Use Klump to buy now and pay later in instalments for up to 12 months! Businesses accept payments, increase conversion rates, and boost revenue. The Easy Life! Try it now.
  • Naked Insurance — The new way to cover your stuff: savings & convenience through AI. Naked Insurance offers online insurance for car, home and contents. Get a quote in 90 seconds!
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DCG Expeditions
VC Fund · Hong Kong, Hong Kong Island, Hong Kong · 2 investments in South Africa FinTech startups

Luno Expeditions is a global early-stage investor supporting fintech & crypto founders on their journeys to build the next generation of financial services.

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Investment focus

  • Industry: Financial Services, FinTech, Blockchain
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Nigeria

Investor stats

  • Total investments: 23
  • Lead/follow: no public data

Portfolio highlights

  • Onmeta — Onmeta
  • Anchor — Anchor is building the infrastructure needed for businesses to build, launch, and scale banking and payment solutions.
  • Sealance Corp. — Sealance provides financial services, cryptography and other services.
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Speedinvest
VC Fund · Vienna, Wien, Austria · 2 investments in South Africa FinTech startups

Speedinvest is one of Europe’s most active early-stage venture capital funds, with more than €1.2bn in AuM and offices in Berlin, London, Munich, Paris, and Vienna. Our dedicated sector-focused teams (Climate Tech & Industrial Tech, Deep Tech, Fintech, Health & Bio, Marketplaces & Consumer Tech, SaaS & Infra) are the first to fundEMEA's most innovative pre-Seed and Seed tech startups. Our in-house operational experts and global network of industry leaders support our portfolio companies with growth, people (HR), market expansion, and more throughout every stage of their journeys. Bitpanda, GoStudent, Wayflyer, Open, CoachHub, Schüttflix, TourRadar, Adverity, and TWAICE are among our portfolio of 400+ companies.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, Germany, Austria

Investor stats

  • Total investments: 492
  • Lead/follow: no public data

Portfolio highlights

  • Vocca — Vocca manages your patient calls, bookings, and reminders 24/7 so your team spends less time on admin and more time on care. Tailored to all specialties. Trusted by thousands.
  • Finary — Finary is a platform that allows everybody to better track and manage their wealth.
  • Runware — Runware provides lightning-fast text-to-image and image-to-image generation speeds—0.3 seconds for SD 1.5 and 0.9 seconds for SDXL, all through one powerful API.
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Wintermute
VC Fund · London, England, United Kingdom · 2 investments in South Africa FinTech startups

A leading algorithmic trading firm focused on building liquid and efficient markets in digital assets.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 87
  • Lead/follow: no public data

Portfolio highlights

  • GTE — GTE is a decentralized trading platform that offers end-to-end trading services.
  • Codex — Codex is a peer-to-peer version of electronic cash allow online payments to be sent directly from one party to another without going through a financial institution.
  • Silicon Data — Silicon Data is a data product that brings essential intelligence and efficiency to markets.
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FSD Africa
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in South Africa FinTech startups

Created in 2012, FSD Africa is a £30 million financial sector development programme or ‘FSD’ based in Nairobi. It is funded by UK aid from the UK Government. FSD Africa aims to reduce poverty across sub-Saharan Africa by building financial markets that are efficient, robust and inclusive.FSD Africa is a market facilitator or catalyst. It appliesa combination of resources, expertise and research to address financial market failures and deliver a lasting impact. FSD Africa has a mandate to work across sub-Saharan Africa on issues that relate to both ‘financial inclusion’ and ‘finance for growth.’FSD Africa is also a regional platform. It fosters collaboration, best practice transfer, economies of scale and coherence between development agencies, donors, financial institutions, practitioners and government entities with a role in financial market development in sub-Saharan Africa. In particular, FSD Africa provides strategic and operational support to the FSD Network.

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Investment focus

  • Industry: Financial Services, FinTech, Payments
  • Stage:Seed, Series B
  • Geography: South Africa, United States, Kenya

Investor stats

  • Total investments: 13
  • Lead/follow: no public data

Portfolio highlights

  • Cavex — Cavex uses digital finance and innovative technologies to drive environmental and socio-economic benefits for the people and communities most in need.
  • WIC Capital — Capital investissement - Gender investing - Gender initiative - Impact investing - Early stage - PME - SME - Equity - Fund manager - Empower women
  • Dhamana Guarantee — An East African focused credit guarantee company whose principal business is to guarantee local currency debt obligations in Kenya, Tanzania, Uganda and Rwanda.
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First circle capital
VC Fund · Casablanca, Grand Casablanca, Morocco · 2 investments in South Africa FinTech startups

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

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Pre-Seed, Seed
  • Geography: Nigeria, Egypt, United States

Investor stats

  • Total investments: 35
  • Lead/follow: no public data

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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Hollard Insurance
VC Fund · Johannesburg, NA - South Africa, South Africa · 2 investments in South Africa FinTech startups

Love your life without worrying about the risk.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Series B, Series A
  • Geography: Australia, South Africa, Spain

Investor stats

  • Total investments: 13
  • Lead/follow: no public data

Portfolio highlights

  • Bdeo — Bdeo provides a visual intelligence solution designed to change the way customers connect with insurance companies. Its platform enhances the customer journey beginning with underwriting and all the way through the time the claim is processed, also recognizing risks, damage, and providing assessments in real-time, allowing insurance companies todetect fraud or pay customers in the event a claim is approved.The company was founded in 2017 and is headquartered in Madrid, Spain.
  • Naked Insurance — The new way to cover your stuff: savings & convenience through AI. Naked Insurance offers online insurance for car, home and contents. Get a quote in 90 seconds!
  • Simply — Life, Disability and Funeral Insurance
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AlphaCode Club
VC Fund · Gauteng, NA - South Africa, South Africa · 2 investments in South Africa FinTech startups

We are an African venture capital fund, for world-class African entrepreneurs run by seasoned African investors.

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Investment focus

  • Industry: Financial Services, FinTech, Automotive
  • Stage:Grant, Debt Financing
  • Geography: South Africa, United Kingdom

Investor stats

  • Total investments: 26
  • Lead/follow: no public data

Portfolio highlights

  • BriefCo — BriefCo is South Africa's first and only legal cost consultancy leveraging technology. We utilize our own secure online platform to allow for the digital delivery and storage of all documents, thereby reducing the significant costs associated with printing, delivery, and file preparation. ​
  • Vocalysd.ai — Vocalysd is a customer-centric, AI-powered insights tool. Vocalysd unlocks usable, easy-to-digest insights from your conversational data. These insights are key to optimising client interactions and enhancing your customers' experience.
  • Sizanani — Collaboration is at the centre of everything we do. We partner with like-minded organisations to help our users find the best financial products in the market. We are the first WhatsApp-first stokvel solution because we believe that technology is fundamentally meant to create value, not apps.
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Norrsken VC
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in South Africa FinTech startups

We are a venture capital fund investigating in Start-Ups solving the worlds biggest problems while building massive businesses.

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Investment focus

  • Industry: Software, Health Care, Food and Beverage
  • Stage:Seed, Series A
  • Geography: Sweden, Germany, United Kingdom

Investor stats

  • Total investments: 94
  • Round size: Seed $1.1M–$11M; Series A $4.2M–$27M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $340M in 2024

Portfolio highlights

  • Sunsave — Save money on your bills and gain energy independence with Sunsave solar panel and battery solutions. Get a free quote today.
  • Ankar AI — Your AI Operating System for Patents
  • Sava Technology — SAVA is reinventing health monitoring with a novel biosensing platform enabling real-time, affordable, and painless molecular monitoring.
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FinTech Investor funding in South Africa at a glance

Stats across 149 deals from 223 investors.

223
investors
in South Africa FinTech startups
149
deals
in South Africa FinTech startups
$2M
median round
in South Africa FinTech startups
41%
lead investors
lead at least one round
23%
Seed
most common funding stage
85/15
VC / Angel
share of investor count

Access all 223 investors in South Africa FinTech startups.

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