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Top 45 FinTech Startup Investors in Uganda (June 2026)

The most active venture capital funds and angel investors investing in Uganda FinTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Uganda 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
Renew Capital
VC Fund
4 Uganda, Kenya, Ethiopia Pre-Seed, Seed Mobile Apps, Financial Services, Finance
MFS Africa
VC Fund
2 France, Uganda, Germany Seed, Series A FinTech, Insurance, Mobile $3M–$7.3M
The Draper Richards Kaplan Foundation
VC Fund
2 United States, Ghana, Uganda Seed, Grant Financial Services, Charity, FinTech $100k–$5M
Segal Family Foundation
VC Fund
2 Uganda, United States Seed, Series A, Series B Financial Services, Apps, Water
Nordic Impact Funds
VC Fund
2 Uganda Pre-Seed, Seed Software, Finance, Personal Finance
4Di Capital
VC Fund
2 South Africa, United States, Kenya Seed, Series A, Pre-Seed Software, Financial Services, Mobile $441k–$47M
Yabx Technologies
VC Fund
2 Uganda Venture - Series Unknown SaaS, FinTech, Financial Services $10M–$10M
PG Impact Investments
VC Fund
1 United States, India, France Seed, Series B Logistics, SMS, PaaS $1.2M–$1.7M
Zephyr Acorn
VC Fund
1 Kenya, India, Uganda Seed, Series A, Pre-Seed Financial Services, Banking, FinTech $1M–$3M
Peggy Grigus Mangot
Angel
1 United States, Uganda Pre-Seed, Seed, Series A FinTech, Financial Services, Information Technology $350k–$875k
Symbiotics Group
VC Fund
1 India, Kenya, Senegal Debt Financing, Post-IPO Debt Financial Services, FinTech, Finance
Active Capital
VC Fund
1 United States, Canada, Mexico Seed, Pre-Seed, Series A Software, SaaS, Information Technology $300k–$72M
Nordic Microfinance Initiative
VC Fund
1 India, Uganda, Myanmar Series B, Series C Financial Services, Finance, Banking
Equilibria Capital
VC Fund
1 Uganda Seed Apps, Mobile, FinTech
Sufishent
VC Fund
1 Uganda Pre-Seed FinTech, E-Commerce
First circle capital
VC Fund
1 Nigeria, Egypt, United States Pre-Seed, Seed Financial Services, FinTech, Finance $100k–$4M
Launch Africa
VC Fund
1 Nigeria, South Africa, United States Seed, Pre-Seed Financial Services, FinTech, Information Technology $200k–$4M
Savannah Fund
VC Fund
1 Kenya, United States, South Africa Seed, Series A, Pre-Seed E-Commerce, FinTech, Software $25k–$8M
GIZ - Gesellschaft für Internationale Zusammenarbeit
VC Fund
1 Egypt, Iraq, Ghana Grant, Pre-Seed, Seed Health Care, Information Technology, Coffee $25k–$350k
Plesion Capital
VC Fund
1 Kenya, Uganda, Nigeria Seed, Pre-Seed B2B, AgTech, Billing $250k–$2M
Future Africa
VC Fund
1 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$20M
BREEGA
VC Fund
1 France, United Kingdom, United States Seed, Series A Software, FinTech, Financial Services $1.1M–$25M
Serena Ventures
VC Fund
1 United States, Canada, Spain Seed, Series A E-Commerce, Health Care, Women's $1.6M–$20M
Consonance Investment Managers
VC Fund
1 Nigeria, United States, Kenya Seed, Series A, Pre-Seed Software, Information Technology, FinTech $50k–$10M
Soma Capital
VC Fund
1 United States, India, Mexico Seed, Pre-Seed, Series A Software, Artificial Intelligence, FinTech $350k–$40M
Beyond Capital
VC Fund
1 India, United States, Egypt Seed, Pre-Seed, Series B Health Care, Medical Device, Financial Services $357k–$44M
Ed Levinson
Angel
1 Canada, Uganda Seed FinTech, Financial Services, Finance
FSD Africa
VC Fund
1 Kenya, South Africa, United States Grant, Seed Financial Services, Energy, FinTech $98k–$6M
SC Ventures
VC Fund
1 United States, United Kingdom, India Series A, Seed Financial Services, FinTech, Blockchain $6.2M–$38M
African Development Bank
VC Fund
1 Nigeria, Kenya, South Africa Debt Financing, Grant, Post-IPO Debt Financial Services, Banking, Energy $200k–$1B
Kepple Africa Ventures
VC Fund
1 Nigeria, Kenya, Egypt Seed, Pre-Seed Financial Services, FinTech, Software $300k–$4.5M
Beyond Capital Ventures
VC Fund
1 Kenya, India, Ghana Seed, Series A, Series B E-Commerce, Retail, Health Care $2M–$12M
Mobility 54
VC Fund
1 Kenya, Nigeria, Côte d'Ivoire Seed, Series A Financial Services, Transportation, Payments $3M–$24M
Tidjane Deme
Angel
1 Nigeria, Egypt, Uganda Series A, Series B, Seed Financial Services, FinTech, Insurance $3.6M–$200M
Marcus Boström
Angel
1 Sweden, Uganda Pre-Seed, Seed, Angel Email, Software, Analytics
LTNT Investments
VC Fund
1 Uganda Pre-Seed Finance, Payments, Software
African Renaissance Partners
VC Fund
1 Uganda Seed Agriculture, Financial Services
FCA Investments
VC Fund
1 Uganda FinTech, Software, Financial Services
Global Partnerships/Eleos Social Venture Fund
VC Fund
1 Uganda, Zambia Series A, Series B Logistics, Agriculture, Car Sharing $2.1M–$10M
Eric Osiakwan
Angel
1 Uganda Pre-Seed Finance, Payments, Software
Enza Capital
VC Fund
1 Kenya, Nigeria, South Africa Seed, Series A Financial Services, Finance, E-Commerce $238k–$31M
DOB Equity
VC Fund
1 Kenya, Rwanda, Uganda Private Equity, Seed Food and Beverage, Farming, Agriculture $1M–$4M
Norrsken Foundation
VC Fund
1 Nigeria, United States, Rwanda Pre-Seed, Seed Financial Services, Health Care, FinTech $125k–$4M
The Fintech Fund
VC Fund
1 United States, United Kingdom, India Seed, Pre-Seed, Series A Financial Services, FinTech, Software $30k–$40M
Pearl Capital Partners
VC Fund
1 Uganda, Kenya, Malawi Private Equity, Debt Financing, Seed Agriculture, Farming, Food Processing
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Renew Capital
VC Fund · Addis Ababa, Adis Abeba, Ethiopia · 4 investments in Uganda FinTech startups, 11 in the past 12 months

Renew Capital is an Africa-focused investment firm that addresses critical gaps for Africa’s growing businesses and connects them to a global network of impact investors.

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Investment focus

  • Industry: Mobile Apps, Financial Services, Finance
  • Stage:Pre-Seed, Seed
  • Geography: Uganda, Kenya, Ethiopia

Investor stats

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

Portfolio highlights

  • Bosso — Bosso projects and realizes automation and robotic solutions for the growth of your business.
  • Chpter — Chpter is a software development company that offers fast billing and checkout to help start, run, and grow a business.
  • Level Africa — Digital Investment Marketplace for Africa
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MFS Africa
VC Fund · Johannesburg, NA - South Africa, South Africa · 2 investments in Uganda FinTech startups

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.

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Investment focus

  • Industry: FinTech, Insurance, Mobile
  • Stage:Seed, Series A
  • Geography: France, Uganda, Germany

Investor stats

  • Total investments: 9
  • Round size: Seed $3M–$7.3M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Julaya — Julaya is a fintech providing African businesses with a digital account to make payments : disbursing mobile money transactions to their employees, suppliers, and owning their own virtual and physical prepaid cards.
  • maviance — Maviance is a German-based consulting (business and IT) and software development company that develops industry-specific for web and mobile applications for businesses and governments. It creates sustainable and customized solutions to meet the requirements of customers by combining its industry experience with solution-oriented skills of businessre-design, concept, project management, programming, and testing.Our commitment to excellence and sustainability is evident in suite of innovative and scalable smart mobile enterprise applications in industries like Microfinance, Metering, Insurance and Sales Automation. Each of our applications consists of a web-based back office server, mobile clients and APIs for SMS, mobile billing, mobile payment and integration into existing systems. Maviance serves clients in the financial services, telecommunications and public sectors, increasing productivity, reducing costs and improving their management capabilities. Founded in 2008, maviance GmbH is headquartered in Leipzig, Germany.
  • Numida — Growing African small businesses with affordable, convenient, and fair credit.
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The Draper Richards Kaplan Foundation
VC Fund · Menlo Park, California, United States · 2 investments in Uganda FinTech startups

William H. Draper, III and Robin Richards Donohoe began investing together in the venture industry in 1994 concentrating on building companies in India. Since 1994, they have invested in over one hundred early stage information technology investments both in India and the United States. In 2010, the Foundation joined forces with Robert S. Kaplan,formerly vice-chairman of Goldman Sachs and currently professor of leadership at Harvard Business School. Together the team raised their second fund inviting fourteen innovative philanthropists to join the fund.

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Investment focus

  • Industry: Financial Services, Charity, FinTech
  • Stage:Seed, Grant
  • Geography: United States, Ghana, Uganda

Investor stats

  • Total investments: 15
  • Round size: Seed $100k–$2.4M; Grant $550k–$5M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: May invest from a new fund soon — raised $65M in 2016

Portfolio highlights

  • Emata — Emata brings digital and affordable financial products to farmers in East Africa.
  • Ignite Reading — Ignite Reading delivers early literacy intervention based in the Science of Reading to help school districts achieve predictable, scalable gains in foundational reading skills. Our mission is simple: to ensure every child learns to read proficiently, ideally by the end of 1st grade when early intervention has the greatest long-term impact.
  • American Journalism Project — The American Journalism Project is a new venture philanthropy organization dedicated to local news. By providing course-altering investments and venture support to civic news organizations, we are building a new public service media that is governed by, sustained by and looks like the public it serves.
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Segal Family Foundation
VC Fund · Watchung, New Jersey, United States · 2 investments in Uganda FinTech startups

The Segal Family Foundation partners with outstanding individuals and organizations that improve the well-being of communities.

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Investment focus

  • Industry: Financial Services, Apps, Water
  • Stage:Seed, Series A, Series B
  • Geography: Uganda, United States

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
  • Dios Dental Clinic — Dios dental is a network of dental clinics which aims to bring affordable quality dental care. Their transparent pricing policy allows its clients to know their budget, with standard treatment and sterilization protocol. It was founded on March 1, 2016, and is headquartered in Rubaga, Uganda.
  • Numida — Growing African small businesses with affordable, convenient, and fair credit.
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Nordic Impact Funds
VC Fund · Copenhagen, Hovedstaden, Denmark · 2 investments in Uganda FinTech startups

Local network Sharing experience to make opportunities for jobs and income. Private Equity that will create positive impact in East Africa

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Investment focus

  • Industry: Software, Finance, Personal Finance
  • Stage:Pre-Seed, Seed
  • Geography: Uganda

Investor stats

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

Portfolio highlights

  • REXIAL — REXIAL is automating direct debit by enabling merchants to collect recurring payments from their customers securely via ACH payments at a fraction of fees on credit or debit cards.
  • ChapChap Africa — ChapChap Africa develops software that aims to help improve service delivery to under-served communities. ChapChap is a smartphone powered platform that’s helping small businesses stay afloat and thrive by introducing them to the digital age of doing business.
  • XENO — XENO is an investment management platform that helps people to plan, save, and invest in financial goals. XENO was founded in 2016 and was headquartered in Kampala, Uganda.
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4Di Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in Uganda 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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Yabx Technologies
VC Fund · The Hague, Zuid-Holland, The Netherlands · 2 investments in Uganda FinTech startups

Provider of cloud banking platform intended to help financial service providers (FSPs) to acquire and manage a profitable loan portfolio. The company's platform uses proprietary artificial intelligence/machine learning algorithms on alternate data sources, together with loan origination and loan lifecycle management software, to offer neoage digital credit products.Product array includes micro-loans, BNPL, savings, overdrafts, loans for retail customers as well as small and medium-sized enterprises ("SME"), etc., tailored to the needs of the existing thin file as well as new to credit (NTC) segment. Yabx enables financial institutions and networks (Telecom Operators, Mobile Money Operators, e-Commerce Players, merchant aggregators, payment gateways) to acquire and successfully manage profitable digital loan portfolios.

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Investment focus

  • Industry: SaaS, FinTech, Financial Services
  • Stage:Venture - Series Unknown
  • Geography: Uganda

Investor stats

  • Total investments: 2
  • Round size: Venture - Series Unknown $10M–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Furaha — Welcome to Furaha Financial, purpose driven financing. We are a financial technology business which acts as a software-based intermediary platform.
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PG Impact Investments
VC Fund · Little Switzerland, North Carolina, United States · 1 investments in Uganda FinTech startups

They are a global impact investment firm backed by Partners Group, one of the world's leading private market investment managers.

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Investment focus

  • Industry: Logistics, SMS, PaaS
  • Stage:Seed, Series B
  • Geography: United States, India, France

Investor stats

  • Total investments: 8
  • Round size: Seed $1.2M–$1.7M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: May invest from a new fund soon — raised $246M in 2019

Portfolio highlights

  • Koolboks — Koolboks: solar-powered, financially accessible fridges with an integrated pay-as-you-go platform dedicated to making cooling accessible to all of Sub-Saharan Africa. Get a Koolboks refrigerator for as little as 25k Naira down payment today!
  • 80 Acres Farms — FRESHER FOOD AWAITS! VIEW ALL PRODUCTS CHANGING FOOD FOR THE FRESHER Zero Pesticides Locally Grown Fresher Longer Sustainably Grown OUR STORY WHERE TO BUY Find In Store
  • Oorja Development Solutions — Oorja is a project developer of solar PV systems to power livelihoods in emerging markets.
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Zephyr Acorn
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Uganda FinTech startups

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

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Investment focus

  • Industry: Financial Services, Banking, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, India, Uganda

Investor stats

  • Total investments: 9
  • Round size: Seed $1M–$3M; Series A $2M–$2.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Emata — Emata brings digital and affordable financial products to farmers in East Africa.
  • Turaco — Turaco develops simplified insurance and credit solutions through mobile technology to solve the healthcare financing needs. Turaco has simplified insurance products and also provides on-demand health loans, allowing customers to get healthcare at affordable monthly premiums.
  • Power — Putting individuals on the path towards financial health
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Peggy Grigus Mangot
Angel · San Francisco, California, United States · 1 investments in Uganda FinTech startups

Peggy Grigus Mangot is the MD Fintech Partnerships, Commercial Banking of JPMorgan Chase & Co. She previously worked at PayPal as an Operating Partner, PayPal Ventures. Peggy Grigus Mangot attended Indiana University.

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Investment focus

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

Investor stats

  • Total investments: 5
  • Round size: Pre-Seed $350k–$875k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • TaxGPT — Looking for instant tax help? Meet TaxGPT, your AI-powered tax assistant. We simplify tax processes and maximize deductions. Try TaxGPT today!
  • clinicpesa — Your Instant Secure Medical Mobile Bank In Your Palm.
  • Firstbase — Equip remote and hybrid workers for success across the entire employee journey with the Firstbase platform. Firstbase powers a complete equipment lifecycle, fusing SaaS automation with world-class physical operations. Simplify onboarding, streamline offboarding, centralize and simplify asset management and warehousing, and build IT sustainability. Optimize HR experiences, flex your workplace services, and maximize every asset with Firstbase.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Symbiotics Group
VC Fund · Geneva, Geneve, Switzerland · 1 investments in Uganda FinTech startups

Symbiotics is the leading market access platform for impact investing. Symbiotics offers investment, asset management and capacity building services.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: India, Kenya, Senegal

Investor stats

  • Total investments: 27
  • Lead/follow: no public data

Portfolio highlights

  • Varthana — With the availability of education & school loans, financing education has become easier. Apply for instant education loan with Varthana today.
  • Khan Bank — Khan Bank is a universal bank and a customer of FMO.
  • AMK Microfinance Institution — AMK’s commitment to social performance has been absolute. AMK has developed a comprehensive social performance management framework, which ensures that the organization stays focusing on its mission to assist large numbers of poor people. As of December 2016, over 2,300 staffs serve almost 600,000 clients in nearly 13,000 villages across Cambodia.This outreach represents 89% of all villages.
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Active Capital
VC Fund · San Antonio, Texas, United States · 1 investments in Uganda FinTech startups

Founder led capital for founder led companies. Pre-Seed Investing in AI-Native Business Software. We back technical founders building the future.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, Mexico

Investor stats

  • Total investments: 75
  • Round size: Seed $535k–$5.4M; Pre-Seed $300k–$2.5M; Series A $5M–$72M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: May invest from a new fund soon — raised $27M in 2020

Portfolio highlights

  • Slang — Slang.ai is an AI answering service that's dead simple to set up. It's a better alternative to sending your customers to voicemail and losing business when you can't answer the phone.
  • Dreambase — Dreambase develops AI-powered analytics software that enables organizations to generate insights, dashboards, and reports directly from their database without requiring traditional data infrastructure. The platform connects to data sources such as Supabase or PostgreSQL and analyzes schema, relationships, and usage patterns to automatically producemetrics and visualizations. Its system uses AI agents to perform tasks typically handled by data teams, including querying databases, identifying trends, building pipelines, and delivering recommendations based on real-time data. The platform eliminates the need for external data warehouses or manual event tracking by treating the database as the primary source of truth and generating insights directly from it.
  • Schematic — Convert more users, expand accounts, and prevent churn with better monetization powered by Schematic.
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Nordic Microfinance Initiative
VC Fund · Oslo, Oslo, Norway · 1 investments in Uganda FinTech startups

The Norwegian Microfinance Initiative (NMI) is an innovative strategic partnership between the Norwegian public and private sectors that will invest in microfinance institutions (MFIs) in developing countries and provide professional assistance and technical support for these institutions. The mission of NMI is to contribute to the empowerment ofpoor people and to the creation of jobs, wealth, and economic and social sustainability in developing countries by investing in and supporting MFIs.

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Investment focus

  • Industry: Financial Services, Finance, Banking
  • Stage:Series B, Series C
  • Geography: India, Uganda, Myanmar

Investor stats

  • Total investments: 19
  • Lead/follow: no public data

Portfolio highlights

  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
  • Sitara — Sewa Grih Rin provides affordable housing finance to the under-served low income households in urban and peri-urban locations.Incorporated in 2011, SEWA Grih Rin Limited was envisaged as a means for the under-served households to access affordable and formal housing finance in urban & peri-urban locations. We learnt that low-income householdsheld two facets of their life very close to their heart: they treasured the education of their children; and aspired to self-own a property, a home of their own.SEWA Grih Rin Limited’s work is aimed at directly improving the quality of life of informally employed households, especially their women members, by creating a tangible financial asset in their name. We provide an affordable alternative to those households whose credit capacity falls behind the widening financing gap given the informal nature of their employment.
  • Light Microfinance — Light Microfinance is a non-banking finance company registered with the Reserve Bank of India. Headquartered at Ahmedabad, Gujarat, Light Microfinance provides micro and meso finance products and services with gender and poverty-focused programs, targeting rural and peri-urban areas, with a specific focus on poor women. The company operates inGujarat, Rajasthan and Madhya Pradesh and is one of the fastest growing microfinance companies in India today.
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Equilibria Capital
VC Fund · Hamilton, Hamilton, Bermuda · 1 investments in Uganda FinTech startups

Equilibria Capital is an asset management firm that manages investment funds and separate accounts for private and institutional clients.

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Investment focus

  • Industry: Apps, Mobile, FinTech
  • Stage:Seed
  • Geography: Uganda

Investor stats

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

Portfolio highlights

  • Numida — Growing African small businesses with affordable, convenient, and fair credit.
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Sufishent
VC Fund · 1 investments in Uganda FinTech startups

Sufishent is a venture capital investment firm.

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Investment focus

  • Industry: FinTech, E-Commerce
  • Stage:Pre-Seed
  • Geography: Uganda

Investor stats

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

Portfolio highlights

  • Solerchil — Solerchil Technologies produces solar-powered cold chain technology to help Ugandan farmers and vendors safely preserve unsold food.
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First circle capital
VC Fund · Casablanca, Grand Casablanca, Morocco · 1 investments in Uganda 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
  • Round size: Seed $455k–$4M; Pre-Seed $100k–$780k
  • Lead/follow: 11% lead, 89% follow

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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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 1 investments in Uganda 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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Savannah Fund
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Uganda FinTech startups

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

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Investment focus

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

Investor stats

  • Total investments: 38
  • Round size: Seed $25k–$3M; Pre-Seed $200k–$2.1M; Series A $750k–$8M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $25M in 2021

Portfolio highlights

  • Oze — OZÉ brings African small businesses into the digital era. It is an app that makes it easy for businesses to track sales, expenses, and customer information. The data is analyzed to provide tailored recommendations, reports, and business education. If the entrepreneur needs a little extra support, an OZÉ Coach is just a click away. As they are usingOZÉ to manage their business and learn how to run it better, we are learning about them. Using this data and machine learning, we can predict their credit risk and provide them with affordable capital from our banking partners. With over 20,000 registered users, OZÉ is the largest online community of SMEs in Ghana. The most exciting thing is that OZÉ works; 97% of businesses that have used OZE for at least 9 months are growing or profitable or both!
  • Root — Launch digital and embedded insurance solutions with omni-channel distribution.
  • Afropolitan — Afropolitan is building a Network State to unleash the maximum potential of Africans around the world. Are you interested? Join us with your email.
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GIZ - Gesellschaft für Internationale Zusammenarbeit
VC Fund · Bonn, Nordrhein-Westfalen, Germany · 1 investments in Uganda FinTech startups

GIZ works worldwide for sustainable development. Discover how we create solutions and support our partner countries.

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Investment focus

  • Industry: Health Care, Information Technology, Coffee
  • Stage:Grant, Pre-Seed, Seed
  • Geography: Egypt, Iraq, Ghana

Investor stats

  • Total investments: 7
  • Round size: Pre-Seed $25k–$350k
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Carble — We provide carbon insetting technology to tropical commodity buyers and cash incentives to farmers that protect the forest. Our satellite-powered platform monitors carbon emissions, allowing for deforestation-free farming to be rewarded at scale.
  • Orisdi — Orisdi provides customers with a wide range of products with a unique customer experience.
  • AppCyclers — AppCyclers is an innovative e-waste management startup that utilizes web technology, data analysis, and community sensitization programs to ensure the safe disposal and management of e-waste. Our flagship product is a web-based platform that digitizes the e-waste collection process by providing an integrated digital marketplace for sourcing andpurchasing recyclable electronic materials.Our mission is to promote a safer and greener environment in Africa. We aim to achieve this by formalizing the e-waste collection process, providing an integrated digital marketplace for sourcing and purchasing recyclable electronic materials, educating local populations, and collaborating with key stakeholders to drive responsible e-waste management.We are currently in the seed round of fundraising. Please feel free to reach out to us at hello@appcyclers.com
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Plesion Capital
VC Fund · Vienna, Virginia, United States · 1 investments in Uganda FinTech startups

Plesion Capital is a venture capital firm.

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Investment focus

  • Industry: B2B, AgTech, Billing
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, Uganda, Nigeria

Investor stats

  • Total investments: 4
  • Round size: Seed $250k–$2M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Chpter — Chpter is a software development company that offers fast billing and checkout to help start, run, and grow a business.
  • Releaf Earth — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • Jackfruit Finance — Fast, flexible school financing in Kenya. Get working capital, projects, and asset loans designed around school fee cycles and growth needs.
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Future Africa
VC Fund · San Francisco, California, United States · 1 investments in Uganda 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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BREEGA
VC Fund · London, England, United Kingdom · 1 investments in Uganda FinTech startups

VCs use all sorts of tricks to attract the best companies. We do too. But as founders, we know that the main reason you choose an investor to be a part of your journey is because you like them. You trust them. Their values align with yours.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Series A
  • Geography: France, United Kingdom, United States

Investor stats

  • Total investments: 138
  • Round size: Seed $1.1M–$8M; Series A $4.2M–$25M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: Likely still investing — raised $165M in 2023

Portfolio highlights

  • Kwara — Kwara turns analog credit unions into modern digital banks.
  • Dattak — Dattak offers cyber insurance solutions based on cybersecurity technologies. Their cybersecurity tools allow us to assess a company's level of cybersecurity without complex questionnaires. They provide their policyholders with a variety of cybersecurity tools to help them prevent and defend against cyberattacks.
  • Entalpic — Entalpic is an AI-driven discovery platform for sustainable industries aiming to optimize carbon-intensive sectors.
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Serena Ventures
VC Fund · San Francisco, California, United States · 1 investments in Uganda FinTech startups

Serena Ventures focuses on early-stage companies and giving them the opportunity to be heard. Serena Ventures extends relationships, encourages collaboration among portfolio companies, and expands partnership opportunities across my vast network.

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Investment focus

  • Industry: E-Commerce, Health Care, Women's
  • Stage:Seed, Series A
  • Geography: United States, Canada, Spain

Investor stats

  • Total investments: 77
  • Round size: Seed $1.6M–$7.3M; Series A $4M–$20M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: Likely still investing — raised $111M in 2022

Portfolio highlights

  • Stears — Stears Business has a simple mission: deliver original, analytical, well-written stories that make sense of the Nigerian economy
  • Juno Medical — Juno Care is a whole-family healthcare platform that provides modern open-access care for the entire family’s day-to-day needs including pediatrics, women’s health, adult primary care, and same-day services.
  • SoLo Funds — SoLo is a community that allows members to easily access and supply short-term funds for immediate needs. Our community works together to create mutually beneficial outcomes where members can both improve their financial health.
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Consonance Investment Managers
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Uganda FinTech startups

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

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Investment focus

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

Investor stats

  • Total investments: 31
  • Round size: Seed $550k–$3.3M; Pre-Seed $450k–$1M; Series A $50k–$10M
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • Releaf Earth — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • Tripesa — Tripesa offers payment solutions for Africa's travel and tourism industry.
  • Plural — Smarter, Faster, Future-Ready Policy Strategy. Plural transforms how enterprises and organizations anticipate and act on legislation. Our AI-powered platform delivers accurate bill analysis, policy insights, and stakeholder intelligence so you can stay ahead of risk, seize opportunity, and shape outcomes. See How It Works Book A Demo Trusted By Deepen Your State & Federal Legislative
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Soma Capital
VC Fund · San Francisco, California, United States · 1 investments in Uganda FinTech startups

Welcome to Soma Capital

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Investment focus

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

Investor stats

  • Total investments: 491
  • Round size: Seed $1.4M–$8M; Pre-Seed $350k–$4M; Series A $7.5M–$40M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Starcloud — Starcloud is building a network of megawatt-scale data centers in space, scaleable to gigawatt capacity. Falling launch costs allow Starcloud to take advantage of the abundant energy, passive cooling, and high-speed connectivity in space.
  • TicketRev — TicketRev helps fans find cheaper tickets to their favorite games and concerts. Fans name their price for their preferred seating location, enabling resellers and teams to sell their inventory faster.
  • Inventive AI — Inventive is an AI-powered RFP & Questionnaire Response Management platform that drives 70%+ efficiency in sales response workflows.
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Beyond Capital
VC Fund · New York, New York, United States · 1 investments in Uganda FinTech startups

Beyond Capital Fund is an evergreen impact investment fund that invests in for-profit, early-stage companies in East Africa and India. The fund invests in companies that aim to improve access to health care, sanitation, clean energy, agriculture and food security, and financial inclusion, all of which can help consumers at the bottom of theeconomic pyramid live better lives. Despite the fact that the fund seeks market-rate financial returns, Beyond Capital is structured as a nonprofit, allowing the organization to emphasize fidelity to its social mission alongside its financial mandate.Beyond Capital, headquartered in New York, was established in 2009.

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Investment focus

  • Industry: Health Care, Medical Device, Financial Services
  • Stage:Seed, Pre-Seed, Series B
  • Geography: India, United States, Egypt

Investor stats

  • Total investments: 27
  • Round size: Seed $357k–$4M; Pre-Seed $800k–$1.5M; Series B $20M–$44M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Wellth — Improve quality scores, reduce high cost utilization, address health equity, and improve member satisfaction by using the right incentive at the right time to create life-changing healthy habits through Wellth.
  • Floworks AI — Deploy AI agents that prospect, personalise emails, handle replies and book meetings 24/7. Floworks AI replaces repetitive SDR work so your team closes more deals.
  • Haqdarshak — Made with Framer
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Ed Levinson
Angel · Vancouver, Alberta, Canada · 1 investments in Uganda FinTech startups

Ed Levinson - Director @ Ensibuuko

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Seed
  • Geography: Canada, Uganda

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Ensibuuko — Digital banking software for savings groups, SACCOs, and microfinance institutions. Join 21K+ organizations using Ensibuuko across Africa.
  • WealthBar — CI Direct Investing makes it easy to access financial advice. CI Direct Trading is the best online investment platform for self-directed trading.
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FSD Africa
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Uganda 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, Energy, FinTech
  • Stage:Grant, Seed
  • Geography: Kenya, South Africa, United States

Investor stats

  • Total investments: 15
  • Round size: Seed $3.9M–$6M; Grant $98k–$134k
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Miarakap — Miarakap is the first impact investment company dedicated to financing and supporting Small and Medium Enterprises with high potential in Madagascar.
  • 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.
  • Africa Renewables Katalyst — Africa Renewables Katalyst is an environmental firm that supports renewable energy projects.
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SC Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Uganda FinTech startups

SC Ventures is Standard Chartered Bank’s innovation, fintech investment, and venture unit. Focused on "rewiring the DNA in banking", SC Ventures aims to develop an innovation culture and mindset, deepen capabilities, and experiment with new business models through an open platform and network of people and partnerships. It runs aneXellerator innovation lab network across Singapore, Shanghai, Hong Kong, London, Nairobi, and San Francisco.

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Investment focus

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

Investor stats

  • Total investments: 33
  • Round size: Series A $6.2M–$38M
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • Chekk — Chekk helps businesses by providing seamless on-boarding solutions, accurate verification services, and on-going interaction capabilities.Chekk is your one stop shop to manage your Digital Identity, AML (Anti Money Laundering) and KYC (Know Your Customer) journeys.Their corporate clients receive validated and up-to-date Digital Identity and KYCinformation in a fully automated fashion, providing the right means to be fully compliant with internal policies and regulatory requirements. It is also a great tool for businesses to improve their customer experience for on boarding and data exchanges. Chekk integrates social networks, bank systems, data verification and web services through its web portal and mobile app.
  • HERE — OpenFin unified workspace for enterprise productivity powers desktops with the same app distribution, security and interoperability capabilities as iOS and Android.
  • Hivenet a — Hive is a decentralized cloud platform based on the peer-to-peer exchange of the available capacities of users' computers.
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African Development Bank
VC Fund · Belvédère, Tunis, Tunisia · 1 investments in Uganda FinTech startups, 7 in the past 12 months

African Development Bank operates as a multilateral development finance institution in Africa. It finances development projects and programs in collaboration with national and international development institutions. The bank provides technical assistance for project selection, study, and preparation. It facilitates investments from the public andprivate sectors in initiatives aimed at economic and social progress. The African Development Bank serves the development finance and economic growth sectors.

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Investment focus

  • Industry: Financial Services, Banking, Energy
  • Stage:Debt Financing, Grant, Post-IPO Debt
  • Geography: Nigeria, Kenya, South Africa

Investor stats

  • Total investments: 69
  • Round size: Grant $200k–$17M; Post-IPO Debt $6.2M–$744M; Debt Financing $15M–$1B
  • Lead/follow: 86% lead, 14% follow
  • Last fund: May invest from a new fund soon — raised $58M in 2018

Portfolio highlights

  • IITA — IITA is a non-profit organization that provides innovations and research services to improve agriculture business for African communities.
  • Ethiopian Airlines — Fly to 125+ destinations worldwide with Ethiopian Airlines. Discover our award-winning services, comfortable cabins, and affordable fares. Book now!
  • Electricity Generation Company (Malawi) — Electricity generation company (Malawi) limited (EGENCO) is a company that generates electricity in Malawi. The Company also operates thermal and solar power plants.
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Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Uganda FinTech startups

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

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, Kenya, Egypt

Investor stats

  • Total investments: 77
  • Round size: Seed $500k–$4.5M; Pre-Seed $300k–$3.4M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

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

Beyond Capital Ventures is a venture capital firm, offering a diversified portfolio of companies in "need-to-have" sectors, led by conscious leaders.

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Investment focus

  • Industry: E-Commerce, Retail, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: Kenya, India, Ghana

Investor stats

  • Total investments: 11
  • Round size: Seed $2M–$12M
  • Lead/follow: 55% lead, 45% follow

Portfolio highlights

  • Fasal — Fasal offers smart irrigation automation and fertigation automation system, soil moisture & temperature sensors, weather stations for precision irrigation
  • Ampersand — Ampersand catalyzes and power mass-market electric mobility. By supplying the battery swap network and operating system the company makes sustainable mobility rapidly accessible and affordable for developing markets, to improve livelihoods and the environment. With over a million km already covered by e-motorcycles in Africa using our plug-and-playpowertrain and energy network.
  • Lapaire — Get the best affordable eyeglasses in Africa with Lapaire. Book your free vision test today at our locations across Benin, Ivory Coast, Togo, Burkina Faso, Mali, Kenya & Uganda. Quality glasses, professional optometrists, unbeatable prices.
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Mobility 54
VC Fund · 1 investments in Uganda FinTech startups

Mobility 54 is a joint venture among Toyota Tsusho Corporation and CFAO.

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Investment focus

  • Industry: Financial Services, Transportation, Payments
  • Stage:Seed, Series A
  • Geography: Kenya, Nigeria, Côte d'Ivoire

Investor stats

  • Total investments: 15
  • Round size: Seed $3.3M–$13M; Series A $3M–$24M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • BasiGo — BasiGo is an early-stage e-mobility start-up looking to revolutionize the public transportation sector by providing matatu owners with a cost-effective electric alternative to diesel buses.
  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
  • ETAP — ETAP is a digital insurance application that allows you to set up your car insurance in just 90 seconds.
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Tidjane Deme
Angel · 1 investments in Uganda FinTech startups

Tidjane DEME is a General Partner at Partech, co-leading Partech Africa Fund, Partech’s multi-stages tech fund exclusively dedicated to Africa digital markets. He joined in May 2016.Prior to joining Partech, Tidjane has worked for 15+ years in the tech industry in Africa, as an entrepreneur, a consultant as well as a senior business manager. Heworked for 7 years as a senior manager at Google, leading activities in Africa. He started the Google Francophone Africa office in Dakar in 2009, led ecosystem efforts to support developer communities and tech startups across 15+ countries, led Google’s Africa Content Strategy, launching and growing YouTube in 6 markets. He also led business development for Google’s Infrastructure investments in Africa. Prior to Google, Tidjane was a tech entrepreneur who founded and led CommonSys, a consulting and integration company deploying e-gov platforms and enterprise solutions in west Africa. He also cofounded 2 startups, an e-reputation platform in Europe and a SaaS platform for African SMEs. Tidjane started his career working with Cap Gemini in France before joining Cosine Communications, a Silicon Valley startup building network virtualization technology for carriers.Tidjane grew up in Senegal until age 18, then moved to France to attend Ecole Polytechnique (Msc Physics), did an exchange program at Imperial College London, and attended Ensta-Paritech (Telecom and IT Engineering).

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Investment focus

  • Industry: Financial Services, FinTech, Insurance
  • Stage:Series A, Series B, Seed
  • Geography: Nigeria, Egypt, Uganda

Investor stats

  • Total investments: 14
  • Round size: Series A $3.6M–$200M; Series B $10M–$40M
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Djamo — Djamo is a Provider of financial applications to allow customers to use their cards with zero fees in a wide range of services.
  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
  • Wave Mobile Money — Wave Mobile Money provides an app-based financial solution to save, transfer, and borrow money. Wave Mobile Money is on a mission to make Africa the first cashless continent. On a continent where less than 10% of the population has a bank account, Wave is building the first modern financial network — no account fees, instantly available, andaccepted everywhere! It is building life-changing financial infrastructure. When mobile money succeeded in Kenya, it lifted about a million people out of poverty. And yet, over 10 years later, most Africans still lack access to affordable ways to save, transfer or borrow the money they need to build businesses or provide for their families. Wave is solving this problem by using technology to build a radically inclusive and extremely affordable financial network.
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Marcus Boström
Angel · 1 investments in Uganda FinTech startups

Marcus Boström

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Investment focus

  • Industry: Email, Software, Analytics
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Sweden, Uganda

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Emata — Emata brings digital and affordable financial products to farmers in East Africa.
  • Causiq — Causiq combines data science with the principles of marketing mix modeling while unifying teams with a single source of truth, across online and offline.
  • Hypertype — Smartest email experience ever made.
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LTNT Investments
VC Fund · 1 investments in Uganda FinTech startups

LTNT Investments

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Investment focus

  • Industry: Finance, Payments, Software
  • Stage:Pre-Seed
  • Geography: Uganda

Investor stats

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

Portfolio highlights

  • Tripesa — Tripesa offers payment solutions for Africa's travel and tourism industry.
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African Renaissance Partners
VC Fund · Washington, District of Columbia, United States · 1 investments in Uganda FinTech startups

African Renaissance Partners backs entrepreneurs and innovators that lead the region's economic transformation. The company focuses on renewable energy, payments/fintech, logistics, ag-tech, and health/education.

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Investment focus

  • Industry: Agriculture, Financial Services
  • Stage:Seed
  • Geography: Uganda

Investor stats

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

Portfolio highlights

  • Emata — Emata brings digital and affordable financial products to farmers in East Africa.
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FCA Investments
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Uganda FinTech startups

FCA Investments is an impact investor specializing in developing countries and fragile states.

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Investment focus

  • Industry: FinTech, Software, Financial Services
  • Geography: Uganda

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • Amfri Farms — Amfri farms produce frozen products and herbs and spices that include frozen apple banana puree, frozen mango pulp and dice, chilli, vanilla, coffee, lemon balm, dill,  and turmeric. They also export jackfruit, avocados, Irish potatoes, pumpkins, and sweet potatoes.
  • Laboremus Uganda — Laboremus Uganda delivers digital onboarding and KYC solutions for banks and fintechs in Africa.
  • Sausage King 3000 Uganda — Sausage King 3000 Uganda offers fresh and processed beef products to all income groups in Uganda. The company aims to produce quality meat products on the African Continent and to educate consumers about the value of sausages as a nutritious food option. In addition to serving local markets, Sausage King 3000 Uganda also serves international hotelsand supermarkets.
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Global Partnerships/Eleos Social Venture Fund
VC Fund · Seattle, Washington, United States · 1 investments in Uganda FinTech startups

Global Partnerships' Social Venture Fund bridges the pioneer gap in sub-Saharan Africa by providing impact-led funding to early-stage social enterprises.

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Investment focus

  • Industry: Logistics, Agriculture, Car Sharing
  • Stage:Series A, Series B
  • Geography: Uganda, Zambia

Investor stats

  • Total investments: 4
  • Round size: Series A $2.1M–$6.3M; Series B $8.5M–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
  • Good Nature Agro — Their priority is to generate lasting income with small-scale farmers. They build local community leaders into qualified Private Extension Agents (PEAs) who oversee and train farmers throughout the growing season. They support PEAs to provide frequent trainings and personalized recommendations on how their growers can make their field healthier andmore productive. PEAs promote improved farm practices and deliver a farmer-friendly loan of seeds and additional inputs. At harvest, Good Nature is a guaranteed market for the certified legume seed that their growers produce. Choosing to produce these high-value crops over traditional cash crops - maize and cotton - more than doubles their income.
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Eric Osiakwan
Angel · Accra, Greater Accra, Ghana · 1 investments in Uganda FinTech startups

Eric Osiakwan, Managing Partner of Chanzo Capital is an Entrepreneur and Investor with 15 years of ICT industry leadership across Africa and the world. He has worked in 32 African countries setting up ISPs, ISPAs, IXPs and high-tech startups. He Co-Founded Angel Africa List,Angel Fair Africa and currently serves on the board of Farmerline, SMS GH,Forhey, Teranga Solutions, SeeSayDo, Oasis Websoft, Siqueries, Amp.it, SameLogic, Bisa app, Wanjo Foods,Ghana Cyber City and WABco – some of which are his investments. He was part of the team that built the TEAMS submarine cable in East Africa and an ICT Consultant for the WorldBank, Soros Foundations, UNDP, USAID, USDoJ, USDoS as well as African governments and private firms.He authored “The KINGS of Africa’s Digital Economy”, co-authored the “Open Access Model”, adopted globally by the telecommunications industry, “Negotiating the Net” – the politics of Internet Diffusion in Africa and “The Internet in Ghana” with the Mosaic Group. He was invited to contribute ideas to Prime Minister Tony Blair’s Commission for Africa. Eric is a TED, Stanford, MIT and Harvard fellow.

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Investment focus

  • Industry: Finance, Payments, Software
  • Stage:Pre-Seed
  • Geography: Uganda

Investor stats

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

Portfolio highlights

  • Tripesa — Tripesa offers payment solutions for Africa's travel and tourism industry.
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Enza Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Uganda FinTech startups

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

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Investment focus

  • Industry: Financial Services, Finance, E-Commerce
  • Stage:Seed, Series A
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 48
  • Round size: Seed $238k–$12M; Series A $3.6M–$31M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Craydel — Craydel is transforming the way students and working professionals in Africa discover, compare and apply to higher education. Our online platform has thousands of quality undergraduate, postgraduate and vocational programs offering degrees, diplomas and degrees, certificates from leading universities and colleges in 15 countries around the world.Many of these programs are even available online from the comfort of your home.Craydel makes it easy for you to compare and select the programs and institutions that best fit your career goals, personality, grades and budget.
  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
  • Quro Medical — Quro Medical is an innovative digital health company pioneering premium hospital-at-home services.
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DOB Equity
VC Fund · Veessen, Gelderland, The Netherlands · 1 investments in Uganda 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, Rwanda, Uganda

Investor stats

  • Total investments: 49
  • Round size: Seed $1M–$4M
  • Lead/follow: 59% lead, 41% follow

Portfolio highlights

  • 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.
  • Ilara Health — Ilara Health helps primary care clinics across Africa deliver better care.
  • Spouts of Water — SPOUTS mission is to manufacture and distribute ceramic water filters to provide everyone in Uganda with safe water.
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Norrsken Foundation
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Uganda 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, Health Care, FinTech
  • Stage:Pre-Seed, Seed
  • Geography: Nigeria, United States, Rwanda

Investor stats

  • Total investments: 18
  • Round size: Seed $125k–$4M; Pre-Seed $125k–$1.1M
  • Lead/follow: 22% lead, 78% 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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The Fintech Fund
VC Fund · 1 investments in Uganda FinTech startups

We support the best teams in fintech and defi today.

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Investment focus

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

Investor stats

  • Total investments: 55
  • Round size: Seed $150k–$20M; Pre-Seed $30k–$6.5M; Series A $10M–$40M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Brale — Combining the best of CeFi & DeFi.
  • Radar Treasury — Radar helps companies in Latin America to perform their bank transfers without human intervention. Radar created the first payouts to bank accounts API in Chile.
  • Ceramic Network — Ceramic Network is a provider of protocols for decentralized and composable data applications. The network decentralizes application databases, making data universally composable and reusable across applications. It consists of three core parts: a highly-scalable, decentralized infrastructure for data availability and consensus, a marketplace ofcommunity-created data models, and a suite of standard APIs for storing, updating, and retrieving data from those models.
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Pearl Capital Partners
VC Fund · Kampala, Kampala, Uganda · 1 investments in Uganda FinTech startups

Pearl Capital Partners is a specialist agriculture investment firm that has been investing in small and medium sized East African agribusinesses since 2005. Pearl Capital Partners investments generate financial returns for our investors while creating significant social impact. Pearl Capital Partners success is derived from working with ambitiousmanagement teams, providing supportive investment structures and specialist expertise that create high-growth agribusinesses.

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Investment focus

  • Industry: Agriculture, Farming, Food Processing
  • Stage:Private Equity, Debt Financing, Seed
  • Geography: Uganda, Kenya, Malawi

Investor stats

  • Total investments: 36
  • Lead/follow: no public data

Portfolio highlights

  • Enimiro — Enimiro is creating an online farming platform in form of a mobile App to connect Ugandan smallholder farmers with local investors to increase harvest while enabling urban people to invest into farming and earn proceeds at just a click of a button.
  • Kamp Feed — Kamp Feed is a food producer of nutritional animal feeds that specializes in pelleted animal feeds.
  • Newman Foods — Newman Foods is an agro-processing company that manufactures, exports, and supplies a comprehensive range of fresh agricultural products. Newman Foods Ltd is a Kampala-based agro-processing company whose primary business is producing and marketing branded consumer foods sold through retail stores in the local and the regional market, as well asaggregation and export of fresh fruits and vegetables (FFV) to the European market.
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FinTech Investor funding in Uganda at a glance

Stats across 27 deals from 36 investors.

36
investors
in Uganda FinTech startups
27
deals
in Uganda FinTech startups
$333k
median round
in Uganda FinTech startups
44%
lead investors
lead at least one round
33%
Seed
most common funding stage
94/6
VC / Angel
share of investor count

Access all 36 investors in Uganda FinTech startups.

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