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Top 50 Payments Startup Investors in South Africa (September 2026)

The most active venture capital funds and angel investors investing in South Africa Payments startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in South Africa Payments startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Everywhere Ventures
VC Fund
10 United States, Australia, India Pre-Seed, Seed, Series A Software, Health Care, FinTech $250k–$20M
CRE Venture Capital
VC Fund
7 Nigeria, South Africa, United States Seed, Series A, Pre-Seed Financial Services, Software, FinTech $250k–$21M
TLcom Capital Partners
VC Fund
7 Nigeria, United States, United Kingdom Series A, Seed Software, Mobile, Information Technology $1.9M–$20M
Launch Africa
VC Fund
5 Nigeria, South Africa, United States Seed, Pre-Seed, Venture - Series Unknown Financial Services, FinTech, Information Technology $200k–$4M
Raba Partnership
VC Fund
4 United States, South Africa, Egypt Seed, Pre-Seed, Series A Financial Services, FinTech, Finance $600k–$32M
FSD Africa
VC Fund
3 Kenya, Ethiopia, United States Grant, Venture - Series Unknown, Seed Financial Services, Energy, Finance $10k–$10M
UW Ventures
VC Fund
3 South Africa Seed, Series A FinTech, Payments, Mobile Payments $563k–$31M
Musha Ventures
VC Fund
3 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Software, Financial Services, FinTech $100k–$10M
Speedinvest
VC Fund
3 United Kingdom, Germany, Austria Seed, Series A, Pre-Seed Software, FinTech, Financial Services $411k–$33M
Firstminute Capital
VC Fund
3 United Kingdom, United States, Germany Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $650k–$30M
Allan Gray
VC Fund
3 South Africa, United States Seed, Series A, Series C FinTech, Payments, Health Care $563k–$100M
Kalon Venture Partners
VC Fund
3 South Africa, Luxembourg, United States Seed, Series A Artificial Intelligence, Apps, Internet $715k–$11M
Flourish Ventures
VC Fund
3 United States, India, Brazil Series A, Seed, Series B FinTech, Financial Services, Finance $1.3M–$65M
Village Global
VC Fund
3 United States, United Kingdom, India Seed, Pre-Seed, Series A Software, Artificial Intelligence, Financial Services $250k–$22M
Imvelo Ventures
VC Fund
3 South Africa Seed, Venture - Series Unknown, Series B Financial Services, FinTech, Software $302k–$5M
Crossfin Technology
VC Fund
3 South Africa, Singapore, United States Seed, Series A Payments, FinTech, Financial Services
Alameda Research
VC Fund
3 United States, Singapore, United Kingdom Seed, Venture - Series Unknown, Series A Blockchain, Cryptocurrency, Financial Services $250k–$40M
Wes Schwalje
Angel
3 India, United States, Mexico Seed, Pre-Seed, Series A FinTech, Financial Services, Information Technology $150k–$7.5M
Future Africa
VC Fund
2 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $100k–$40M
Technology Innovation Agency
VC Fund
2 South Africa Grant, Seed, Pre-Seed Information Technology, Software, Electronics $25k–$1.3M
Ayre Group
VC Fund
2 United States, United Kingdom, Switzerland Seed, Series A Blockchain, Bitcoin, Video Streaming $363k–$8.7M
Quona Capital
VC Fund
2 India, Brazil, Indonesia Series A, Seed, Series B Financial Services, FinTech, Finance $3M–$87M
4Di Capital
VC Fund
2 South Africa, United States, Kenya Seed, Series A, Pre-Seed Software, Financial Services, Mobile $677k–$47M
Bittrex Global
VC Fund
2 South Africa Seed, Series A, Series B Bitcoin, FinTech, Ethereum
Zip
VC Fund
2 India, South Africa, Czech Republic Series C, Seed FinTech, Payments, E-Commerce $22M–$50M
Two Culture Capital
VC Fund
2 United States, Mexico, India Seed, Pre-Seed, Series A FinTech, Financial Services, Artificial Intelligence $350k–$25M
Robby Hilkowitz
Angel
2 Hong Kong, Israel, Singapore Series A, Seed FinTech, Financial Services, Payments $1M–$4M
Apis Partners
VC Fund
2 India, Singapore, South Africa Private Equity, Series B Financial Services, FinTech, Payments $10M–$120M
PayPal Ventures
VC Fund
2 United States, United Kingdom, India Series B, Series A, Series C Financial Services, FinTech, Software $11M–$260M
Rou Capital
VC Fund
2 South Africa Pre-Seed FinTech, Blockchain, Cryptocurrency $50k–$460k
Invictus Capital
VC Fund
2 Italy, South Africa Seed, Series A, Series B SaaS, Internet, Software
HAVAÍC
VC Fund
2 South Africa, United States, Kenya Seed, Venture - Series Unknown, Series A Software, Health Care, FinTech $83k–$15M
Norrsken VC
VC Fund
2 Sweden, United Kingdom, Germany Seed, Series A, Venture - Series Unknown Software, Food and Beverage, Artificial Intelligence $893k–$156M
Enza Capital
VC Fund
2 Kenya, Nigeria, South Africa Seed, Series A, Venture - Series Unknown Financial Services, E-Commerce, FinTech $1M–$31M
Partech
VC Fund
2 United States, France, Germany Series A, Seed, Series B Software, E-Commerce, SaaS $1.1M–$56M
Nedbank
VC Fund
2 South Africa, Australia, United States Debt Financing, Post-IPO Debt, Series A Software, Information Technology, Mining $2M–$700M
EchoVC Partners
VC Fund
2 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Financial Services, Information Technology, FinTech $200k–$22M
FMO
VC Fund
2 India, Kenya, The Netherlands Debt Financing, Post-IPO Debt, Series B Financial Services, Finance, Renewable Energy $5M–$420M
Norrsken22
VC Fund
2 South Africa, Egypt, Nigeria Seed, Series A, Series B Financial Services, Banking, Payments $2.4M–$55M
Newtown Partners
VC Fund
2 South Africa, United States, Ghana Seed, Series A, Venture - Series Unknown Logistics, Software, Health Care $600k–$30M
500 Fintech
VC Fund
2 United States, Vietnam, South Africa Seed, Series A, Pre-Seed FinTech, Financial Services, Payments $500k–$11M
RaliCap
VC Fund
2 United States, Mexico, Nigeria Seed, Pre-Seed, Angel FinTech, Financial Services, Payments $300k–$5.5M
Integrity Seed Ventures
VC Fund
2 South Africa Seed FinTech, Blockchain, Cryptocurrency
Goodwell Investments
VC Fund
2 Nigeria, South Africa, Kenya Series A, Series B, Venture - Series Unknown FinTech, Financial Services, Banking $140k–$26M
Fireball Capital
VC Fund
1 South Africa Series A Email, Internet, Payments
LeapFrog Investments
VC Fund
1 India, Nigeria, United Kingdom Private Equity, Series C Financial Services, Finance, Insurance $9.3M–$110M
Development Partners International
VC Fund
1 Egypt, Morocco, South Africa Private Equity, Series A Financial Services, Manufacturing, Retail
Samsung Electronics
VC Fund
1 United States, South Korea, Brazil Grant, Series B Software, Manufacturing, Artificial Intelligence
R-Ventures
VC Fund
1 Senegal, South Africa Seed Banking, FinTech, Finance
Blockchain Founders Fund
VC Fund
1 United States, United Kingdom, Singapore Seed, Pre-Seed Blockchain, Cryptocurrency, FinTech
Access all 178 investors in South Africa Payments startups.

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

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Investor list

Everywhere Ventures
VC Fund · New York, New York, United States · 10 investments in South Africa Payments 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: 1303
  • Round size: Seed $1M–$6.5M; Pre-Seed $250k–$2.5M; Series A $6M–$20M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: Likely actively investing — fresh fund, raised $4.4M in 2026

Portfolio highlights

  • Donna — Meet Donna, the AI assistant built for field sales teams. Save time, cut admin, and close more deals with less effort.
  • Keebler Health — AI-Enabled Coding for Medical Billing Teams
  • Neurometric AI — Making Intelligence Free | https://t.co/ZxWxeMBJt2 | https://t.co/W8nlLqYwQi
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CRE Venture Capital
VC Fund · New York, New York, United States · 7 investments in South Africa Payments 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, Software, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 64
  • Round size: Seed $250k–$5M; Pre-Seed $250k–$3.3M; Series A $1.1M–$21M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Flood — Flood is a marketplace platforms that provides merchant solution, self services and big data solution.
  • Letly — Letly is developing an AI‑driven platform for the rental property market that automates tasks related to managing rental listings and tenant interactions. It aims to use intelligent agents to handle tasks such as scheduling viewings, responding to inquiries, and optimizing property management workflows. The platform is currently in a waitlistphase, signaling ongoing development and private access only.
  • 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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TLcom Capital Partners
VC Fund · London, England, United Kingdom · 7 investments in South Africa Payments startups

TLCOM finds and funds exceptional founders building technology companies across Africa. Seed to Series C. Lagos, Nairobi, London.

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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: 76
  • Round size: Seed $1.9M–$8.5M; Series A $3.8M–$20M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely still investing — raised $150M in 2022

Portfolio highlights

  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • Myka.Insure — Myka is a insurance sales platform that enables individuals to sell insurance policies to their family, friends, colleagues, and community while earning income . It operates as a micro-entrepreneurship program where anyone (students, gadget sellers, car dealers, parents, retirees) can start their own insurance business with zero investment,flexible hours, and free training . The company is licensed by the National Insurance Commission of Nigeria and provides instant payouts to its partners .
  • LittleFish — Full stack enterprise platform that extends your infrastructure, instead of replacing it.
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 5 investments in South Africa Payments startups, 7 in the past 12 months

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, Venture - Series Unknown
  • Geography: Nigeria, South Africa, United States

Investor stats

  • Total investments: 218
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$1.8M; Venture - Series Unknown $200k–$500k
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Zazu — Zazu is an all-in-one financial platform for African SMEs, helping businesses manage payments, automate cash flow, and access real-time financial insights from one simple dashboard.
  • Fincart — Fincart is a leading shipping platform in Egypt, connecting your business with top courier services, automating operations, and helping you scale your eCommerce logistics.
  • Udu Technologies — Udu Technologies is an AI infrastructure company that offers GPU systems, AI platform integration, and technical support services.
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Raba Partnership
VC Fund · Cape Town, NA - South Africa, South Africa · 4 investments in South Africa Payments 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: 59
  • Round size: Seed $600k–$6M; Pre-Seed $635k–$6.5M; Series A $10M–$32M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: Likely still investing — raised $60M in 2021

Portfolio highlights

  • Thndr — Thndr is a financial services company that operates an app-based investment platform.It comes with 0% commission, no account minimum, access to market data, easy account setup, and funding processes. Users can also get access to the latest news, market data, and other educational tools. Seif Amr established the company in 2020 in Cairo, AlQahirah, Egypt.
  • Ezeebit — Ezeebit is a payment solutions provider that enables African merchants to accept cryptocurrency payments both in-store and online. The platform processes transactions quickly and automatically converts the cryptocurrency into stablecoins to eliminate volatility risk. Funds are then settled into the merchant's local currency account, typicallySouth African Rand (ZAR), on the next business day. The company offers multi-currency support for popular cryptocurrencies like Bitcoin and Ethereum and maintains compliance with financial regulatory bodies.
  • Letly — Letly is developing an AI‑driven platform for the rental property market that automates tasks related to managing rental listings and tenant interactions. It aims to use intelligent agents to handle tasks such as scheduling viewings, responding to inquiries, and optimizing property management workflows. The platform is currently in a waitlistphase, signaling ongoing development and private access only.
Show all investments...

FSD Africa
VC Fund · Nairobi, Nairobi Area, Kenya · 3 investments in South Africa Payments 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, Finance
  • Stage:Grant, Venture - Series Unknown, Seed
  • Geography: Kenya, Ethiopia, United States

Investor stats

  • Total investments: 23
  • Round size: Seed $4M–$6M; Grant $10k–$134k; Venture - Series Unknown $4.5M–$10M
  • Lead/follow: 78% lead, 22% 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 — Dhamana provides guarantees that unlock local currency financing, mobilise domestic capital and support sustainable growth across East Africa.
  • Africa Renewables Katalyst — ARK (Africa Renewables Katalyst Ltd) a Kenyan based company focused on helping Africa realize its full renewable energy potential through I-RECs
Show all investments...

UW Ventures
VC Fund · Johannesburg, NA - South Africa, South Africa · 3 investments in South Africa Payments 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, Mobile Payments
  • Stage:Seed, Series A
  • Geography: South Africa

Investor stats

  • Total investments: 20
  • Round size: Seed $563k–$2.5M; Series A $1.3M–$31M
  • Lead/follow: 35% lead, 65% 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.
  • Rather.chat — Rather.chat offers a platform that facilitates meaningful connections between businesses and their customers through WhatsApp. This service is designed to make customer interactions more personal and efficient, allowing for real-time communication. By leveraging the widespread use of WhatsApp, Rather.chat aims to enhance the customer serviceexperience, making it easier for businesses to address inquiries, resolve issues, and maintain engagement with their audience. The focus is on creating a seamless bridge for dialogue that respects the convenience and preferences of the modern consumer, who increasingly favors instant messaging over traditional forms of communication.
  • Manholes 4 Africa — m4a (Pty) Ltd specializes in the manufacturing of composite and plastics products designed for the utilities networks industry. As an Original Equipment Manufacturer (OEM), the company offers a comprehensive range of products including access chambers, microducts, bundled microducts (multiducts), sub ducts, corrugated pipes, axsCHAMBERS™,cnktCLOSURES™, fibreDUCT™, and fibreCABLE™. These products cater to the telecommunications sector, providing end-to-end solutions for infrastructure needs. m4a (Pty) Ltd is recognized for its innovative approach in developing polymer and composite civil infrastructure solutions. The company holds ISO9001 certification, ensuring high standards in quality management systems.
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Musha Ventures
VC Fund · New York, New York, United States · 3 investments in South Africa Payments 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: 213
  • Round size: Seed $120k–$7.5M; Pre-Seed $100k–$3M; Series A $2.5M–$10M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • HoneyCoin — HoneyCoin is a web3/web2 ecosystem of products built in a way that abstracts complexity and brings all the value of web3 and web2 to the forefront.
  • Zeno — Zeno is a climate conscious motor company that offers eco-friendly motorcycles.
  • Lori Systems — Lori Systems is revolutionizing African logistics through innovative technology solutions. We connect shippers, transporters, and drivers to create efficient, reliable, and transparent supply chains across Africa.
Show all investments...

Speedinvest
VC Fund · Vienna, Wien, Austria · 3 investments in South Africa Payments startups

Speedinvest is a globally active European venture capital firm built on a simple belief: many move more. From six offices across EMEA, our sector-focused investment teams back relentless founders from pre–Seed to Growth with long-term conviction, providing day-one access to our global network of corporate customers, experts, industry leaders, andtop-tier follow-on investors to scale smarter and faster. Building lasting companies like Bitpanda (Austria), Moove (Nigeria), Gigs (U.S.), Tide (UK), ARX Robotics (Germany), Wayflyer (Ireland), GoStudent (Austria), Seqera Labs (Spain), and Cylib (Germany) — together. Big ideas may start with one. But scaling and winning take The Power of More.

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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: 662
  • Round size: Seed $798k–$7.9M; Pre-Seed $411k–$3.8M; Series A $4.1M–$33M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $372M in 2022

Portfolio highlights

  • Findery — Find and leave notes anywhere in the world, discover local knowledge, hidden secrets, and exciting stories. Share your travel knowledge, geoblog, or local news!
  • GAMINSIDE — GAMINSIDE revolutionizes your relationship with your customers. As European full service provider, we deliver the complete package with solutions, services and software for gamified loyalty that is tailor-made and unique to your products, brands and customers. Integrate the best ideas from gamification and customer loyalty in your business areato exceed your commercial targets with GAMINSIDE.
  • Polaron — Material Design. Supercharged with AI.
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Firstminute Capital
VC Fund · London, England, United Kingdom · 3 investments in South Africa Payments startups, 10 in the past 12 months

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: 217
  • Round size: Seed $2.5M–$10M; Pre-Seed $650k–$5M; Series A $6M–$30M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: Likely still investing — raised $100M in 2023

Portfolio highlights

  • Intropy AI — Intropy increases distributor profitability by automating inventory and pricing decisions, at scale, across your distribution network.
  • Neno Technology — Neno is a financial technology company that helps entrepreneurs start, manage, and scale their businesses without the administrative burden. The platform automates Dutch BV (private limited company) registration, business banking, corporate card issuance, invoicing, bookkeeping, payroll, and tax filing combining them into a single, streamlinedworkflow. Rather than juggling separate providers for each of these functions, founders get one integrated system paired with dedicated, personal accounting support. Neno's goal is to eliminate the hours founders typically lose to financial paperwork and follow-ups each month, letting them focus on growing their business instead of managing back-office operations.
  • Reimagine Robotics — Show the robot what to do, correct it where it fails, and adapt it as the process changes.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Allan Gray
VC Fund · Alfred, New York, United States · 3 investments in South Africa Payments 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, Health Care
  • Stage:Seed, Series A, Series C
  • Geography: South Africa, United States

Investor stats

  • Total investments: 15
  • Round size: Seed $563k–$4M; Series A $1.3M–$31M; Series C $70M–$100M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • 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.
  • 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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Kalon Venture Partners
VC Fund · Johannesburg, NA - South Africa, South Africa · 3 investments in South Africa Payments 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: Artificial Intelligence, Apps, Internet
  • Stage:Seed, Series A
  • Geography: South Africa, Luxembourg, United States

Investor stats

  • Total investments: 21
  • Round size: Seed $715k–$3M; Series A $2.5M–$11M
  • Lead/follow: 62% lead, 38% follow

Portfolio highlights

  • GoMetro — Fleet management simplified with GoMetro. Integrate telematics, gain real-time visibility, and optimize operations with a secure, scalable platform,
  • Sendmarc — Manage your organization's DMARC, SPF, and DKIM with world-class implementation services and support. All in one easy-to-use platform.
  • visionAI — Discover how AI MES software enhances factory efficiency and reduces blindspots to minimize equipment downtime and boost productivity.
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Flourish Ventures
VC Fund · Redwood City, California, United States · 3 investments in South Africa Payments startups, 16 in the past 12 months

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: 242
  • Round size: Seed $1.3M–$8.5M; Series A $5.5M–$25M; Series B $10M–$65M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — raised $350M in 2023

Portfolio highlights

  • Cauridor — Cauridor is a Financial Services company.
  • Stream — Stream is a company that helps make payments simpler, faster, and reliable.
  • Jurisphere — Jurisphere.ai is an enterprise-grade AI platform tailored for law firms and in-house legal teams, integrating document review, legal research, drafting, and workflow automation into a unified workspace. The company's platform uses attorney verified AI workflows to surface relevant cases and insights from large volumes of legal documents,generate and refine contract drafts.
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Village Global
VC Fund · San Francisco, California, United States · 3 investments in South Africa Payments startups, 21 in the past 12 months

Early stage venture capital backed by some of the world's best entrepreneurs.

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Investment focus

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

Investor stats

  • Total investments: 514
  • Round size: Seed $1.5M–$10M; Pre-Seed $250k–$3.5M; Series A $7M–$22M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — raised $125M in 2021

Portfolio highlights

  • microagi — Accelerating embodied AGI
  • Legato Audio — Legato Hearing develops stylish glasses with built-in hearing technology, offering a discreet alternative to traditional hearing aids.
  • Cast Insights — Cast Insights is an AI-powered platform that turns global spoken content—TV, radio, podcasts, livestreams—into structured, searchable real-time intelligence for investors, policy teams, strategists, and newsrooms.
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Imvelo Ventures
VC Fund · Sandown, NA - South Africa, South Africa · 3 investments in South Africa Payments 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: Financial Services, FinTech, Software
  • Stage:Seed, Venture - Series Unknown, Series B
  • Geography: South Africa

Investor stats

  • Total investments: 19
  • Round size: Seed $659k–$2M; Venture - Series Unknown $302k–$5M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • Botlhale AI — Botlhale AI allows to build, train, test, and deploy multilingual conversational AI. Botlhale AI is a research and innovation start-up that specializes in conversational AI. Computer systems have become an integral part of everyday lives and as a result, natural spoken language is the desired form of human-computer interaction.
  • Acumen Software — Acumen Software develops configurable SaaS solutions for enterprise work management, asset management, field service, smart city engagement and AIoT solutions.
  • 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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Crossfin Technology
VC Fund · Cape Town, NA - South Africa, South Africa · 3 investments in South Africa Payments 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, FinTech, Financial Services
  • Stage:Seed, Series A
  • Geography: South Africa, Singapore, United States

Investor stats

  • Total investments: 23
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Ask Gogo — Ask Gogo develops data free application designed to facilitate buying, selling, renting, and job searching without using mobile data.
  • DigiSquad — DigiSquad is a team of entrepreneurs in the payments industry striving to expand the reach of digital payment platforms in underserved regions.
  • AKELO Group — AKELO Group provides a marketplace for embedded financial services and solutions for corporates, retailers and SME merchants.
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Alameda Research
VC Fund · Central and Western, Hong Kong Island, Hong Kong · 3 investments in South Africa Payments startups

Alameda Research is a quantitative cryptocurrency trading firm that provides liquidity in cryptocurrency and digital assets markets. It was founded in 2017 and is headquartered in Central and Western, Hong Kong.

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Investment focus

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

Investor stats

  • Total investments: 327
  • Round size: Seed $1M–$8M; Series A $2.7M–$35M; Venture - Series Unknown $250k–$40M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • 3Commas — 3Commas develops a crypto-asset management tool for tracking investments and exchanges in a unified platform. It provides access to a unified dashboard as the central hub for trading and portfolio management execution.
  • Fuel Labs — At Fuel, we are building the fastest execution layer for the modular blockchain stack.
  • Optim Finance — Optim Finance provides investment tools that optimize yield on digital assets. Their financial primitives enable users to rent ADA delegation rights to power novel use cases such as SPO loans, leverage into ISOs, and initial bonds.
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Wes Schwalje
Angel · 3 investments in South Africa Payments startups

Operator at nexus of policy, tech, and dev, investor, advised 8 unicorns on MENAP entry/scale-up, support Big Tech / startups to get along with govt

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Investment focus

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

Investor stats

  • Total investments: 46
  • Round size: Seed $150k–$2.5M; Pre-Seed $360k–$1M; Series A $5M–$7.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Finerio Connect — Finerio is an automated and free personal finance platform in Mexico. Finerio allows users to link debit and credit accounts of the most important banks in Mexico while providing them insights on how to financially plan and save money.
  • PowerCred — PowerCred is a one-stop API suite for clients to access alternate data from SMEs. Our integrated system provides real time connectivity which allows financial institutions to build better products to suit small business requirements. We have a network of data partners across categories which help us to build a robust and comprehensive intelligence system, allowing FIs to make more confident decisions, and empowering small businesses to focus on business growth.
  • Chhotastock — SAUDARATOTO adalah daftar situs toto slot dan bandar togel resmi 4D & 5D terpercaya yang menawarkan layanan aman, transaksi cepat, serta peluang menang besar setiap hari. Nikmati permainan lengkap dengan sistem stabil dan akses mudah kapan saja.
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Future Africa
VC Fund · San Francisco, California, United States · 2 investments in South Africa Payments 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: 92
  • Round size: Seed $500k–$4M; Pre-Seed $100k–$3.7M; Series A $7M–$40M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • STEM Cafe — STEMCafe by RVRB is a fun out of school learning centre for kids
  • Juicyway — The new shape of money? Fluid. Access global currencies with Juicyway. Buy, sell, hold, and pay globally using our fast APIs, web, or mobile apps. Download now.
  • Lori Systems — Lori Systems is revolutionizing African logistics through innovative technology solutions. We connect shippers, transporters, and drivers to create efficient, reliable, and transparent supply chains across Africa.
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Technology Innovation Agency
VC Fund · Pretoria, NA - South Africa, South Africa · 2 investments in South Africa Payments startups

WELCOME TO TIA Innovating Tomorrow Together Welcome to our agency - where ideas are nurtured, innovation is enabled , and impact is realised Through our funding, support programmes, and partnerships, we help innovators move from concept to impact. Whether you are an innovator or a partner, you are welcome here Funding Solutions SUPPORT PROGRAMMES

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Investment focus

  • Industry: Information Technology, Software, Electronics
  • Stage:Grant, Seed, Pre-Seed
  • Geography: South Africa

Investor stats

  • Total investments: 19
  • Round size: Seed $46k–$1.3M; Grant $25k–$1M; Pre-Seed $50k–$188k
  • Lead/follow: 79% lead, 21% follow

Portfolio highlights

  • Ann-Connect — Ann-Connect is an EdTech SaaS for learning, teaching, exams and assessments rolled into an all-in-one education platform.Founded in 2021 by Bonginkosi Mabaso, Nexa was born from a real problem: students missing exams and learning opportunities because of unreliable internet. Our mission is simple: make online education accessible to everystudent, regardless of connectivity or background. Today, Nexa is trusted by universities, training institutions, and professional bodies across South Africa, with partnerships that give access to more than 450,000 learners. One workspace. All your education tools: - Nexa ExamCore: Offline exam tool where students can access, write, and submit online exams even without internet. - Nexa Invigilator: Invigilation tool designed to monitor for online exams. - Nexa Invigilator Venue-based – Proctoring for physical/venue-based exams for schools, corporates & teams. - Nexa Room – Low-bandwidth video conferencing just like MS Teams but designed for teaching and learning, with AI-driven student engagement tracking. - Integrations – Seamless connection with Learning Management Systems (LMS), plagiarism checkers, and other education tools — all in one place. Recognised with awards from TIA, ABSA, and the Royal Academy of Engineering (UK), Nexa is shaping the future of global education by making it inclusive, resilient, and accessible everywhere. Ready to experience THE platform for inclusive learning? Visit ann-connect.com and join us in building education without limits.
  • Aviro Health — We believe that empowering and supporting people to manage their own health benefits everybody.We built the Aviro Pocket Clinic to support self-care and provide access to services. We give people what they need to perform important health checks like regular HIV self-testing and connect them to experts and services who can offer hands-on and supported care when needed.
  • All Weather Roads Engineering — All Weather Roads Engineering is a building material manufacturing firm also offering supply of construction material.
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Ayre Group
VC Fund · St. John's, Newfoundland, Canada · 2 investments in South Africa Payments startups

Ayre Group is a venture capital firm that has been disrupting industries and creating iconic brands for decades, from technology, real estate, and Bitcoin, to media & publishing.

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Investment focus

  • Industry: Blockchain, Bitcoin, Video Streaming
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, Switzerland

Investor stats

  • Total investments: 28
  • Round size: Seed $363k–$8.7M
  • Lead/follow: 61% lead, 39% follow

Portfolio highlights

  • Libraro — Libraro operates on blockchain technology to modernise the book publishing sector.
  • Gate2Chain — Research lab phase in data integrity and tokenization completed.
  • Rad — Stream thousands of shows free, publish your own videos and earn with memberships and tips, and play your own files on mobile, TV, console and VR.
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Quona Capital
VC Fund · Washington, District of Columbia, United States · 2 investments in South Africa Payments startups, 10 in the past 12 months

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: 217
  • Round size: Seed $3M–$10M; Series A $3.1M–$25M; Series B $8M–$87M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $332M in 2022

Portfolio highlights

  • Jusfy — Jusfy offers legal services and consulting for individuals and business organizations.
  • Jem — We give employers the ability to send company-wide communications, deliver payslips, manage leave & give employees access to their earnings, via WhatsApp.
  • Cordant — A single operational picture across every system money moves through. Your team acts on what's happening, not what already happened.
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4Di Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Payments 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: 41
  • Round size: Seed $677k–$7.5M; Pre-Seed $1.8M–$4M; Series A $2M–$47M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $24M in 2022

Portfolio highlights

  • BFree — BFree focuses its collection processes on sustainably leading customers out of debt by giving them back control over their finances.
  • FireID — FireID is a venture builder that helps makers, with unique skills and passion, build businesses to solve meaningful problems.
  • Kuunda — Kuunda provides consulting, liquidity management, data insight tools enabling users to fulfill financial needs through a digital platform.
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Bittrex Global
VC Fund · Vaduz, Vaduz, Liechtenstein · 2 investments in South Africa Payments startups

Bittrex operates as a digital asset trading platform. Bittrex is the premier U.S.-based digital asset trading platform, providing lightning-fast trade execution, dependable digital wallets and industry-leading security practices.

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Investment focus

  • Industry: Bitcoin, FinTech, Ethereum
  • Stage:Seed, Series A, Series B
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • VALR — Buy and sell bitcoin, ethereum & more | Pay anyone for free with VALR Pay
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Zip
VC Fund · Sydney, New South Wales, Australia · 2 investments in South Africa Payments startups

Zip is a leading digital financial services company providing fair and seamless solutions that simplify how people pay.

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Investment focus

  • Industry: FinTech, Payments, E-Commerce
  • Stage:Series C, Seed
  • Geography: India, South Africa, Czech Republic

Investor stats

  • Total investments: 6
  • Round size: Series C $22M–$50M
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • Payflex — Shop smarter with Payflex's buy now pay later services - enjoy interest-free payments using Pay in 2, 3 or 4 options. Apply now and shop online or in-store.
  • ZestMoney — ZestMoney is a growing consumer lending FinTech company that uses digital EMI, without the need for a credit card or a credit score. The company believes that being able to pay in EMI should be available to everyone and not only those who hold a credit card or have a credit score. With the use of mobile tech, digital banking, and AI, ZestMoney wasmade accessible to millions of Indian consumers.Founded in 2016 by digital finance and technology professionals, Priya Sharma, Lizzie Chapman, and Ashish Anantharaman, the company is backed by leading global digital financial services investors like PayU, Ribbit Capital, Omidiyar Networks among other.
  • Twisto — Twisto is on a mission to challenge the status quo of everyday finances via exceptional customer experience by being at the forefront in delivering cutting edge technology. Pay simply, fast and securely.
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Two Culture Capital
VC Fund · Dublin, Dublin, Ireland · 2 investments in South Africa Payments startups

The art and science of entrepreneurship

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Investment focus

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

Investor stats

  • Total investments: 88
  • Round size: Seed $1.1M–$11M; Pre-Seed $350k–$8.3M; Series A $7M–$25M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Captur — Captur helps companies make smarter decisions, at the speed of capturing a photo. We use expert triaging and visual AI to identify and action tasks instantly for companies managing in-field operations.
  • AscendArc — Discover innovative, cost-effective small geostationary satellites that enhance bandwidth and deployment speed, revolutionizing satellite communications.
  • LGND — We make Earth data accessible and useful for people and AI.
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Robby Hilkowitz
Angel · 2 investments in South Africa Payments startups

Robby Hilkowitz is an angel investor.

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Investment focus

  • Industry: FinTech, Financial Services, Payments
  • Stage:Series A, Seed
  • Geography: Hong Kong, Israel, Singapore

Investor stats

  • Total investments: 8
  • Round size: Series A $1M–$4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Neat — Built for entrepreneurs, by entrepreneursAs entrepreneurs our businesses are always in motion: starting from an idea, to making a first sale, to expanding globally. We need a financial experience that evolves with us – an experience that’s still stable and secure, but adaptive too. Banks were built for a different era of business, not for thenew economy – where borders are disappearing and it’s easier than ever to start a global business. Neat believes in making international business a reality for entrepreneurs around the world. Today, Neat is a modern alternative to a bank, designed to support you wherever you go. Tomorrow, we’re a platform for doing business: building a dynamic and frictionless economy.
  • Bambu — Bambu is a leading global digital wealth technology provider for financial institutions. We enable companies to make saving and investing simple and intelligent for their clients. The cloud-based platform is powered by our proprietary algorithms and machine learning tools. The company serves over 20 financial institutions globally. Founded in 2016,Bambu is headquartered in Singapore with a subsidiary in the United Kingdom and the United States and EMEA representatives.
  • MyPermissions — MyPermissions is an easy, powerful way to scan, control and clean up applications across Web and mobile that have permission to access personal data. MyPermissions offers two freemium products: MyPermissions Cleaner, an extension for Web browsers, and Permissions, a mobile app for iOS and Android, which protect users from unknowingly sharingphotos, documents, locations, contacts, emails, work history, political and religious affiliations ever again.
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Apis Partners
VC Fund · London, England, United Kingdom · 2 investments in South Africa Payments startups, 11 in the past 12 months

Apis Partners LLP backs growth financial services innovators who create transformative impact in their communities.

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Investment focus

  • Industry: Financial Services, FinTech, Payments
  • Stage:Private Equity, Series B
  • Geography: India, Singapore, South Africa

Investor stats

  • Total investments: 78
  • Round size: Series B $10M–$110M; Private Equity $10M–$120M
  • Lead/follow: 68% lead, 32% follow
  • Last fund: Likely actively investing — fund raised in 2026

Portfolio highlights

  • BIPO — Streamline your global workforce with BIPO's award-winning HR solutions. HRMS, payroll outsourcing & EOR services across 170+ countries. Get a free demo today!
  • Moneybox — Moneybox is the simple way to save, invest, buy your first home, and combine your old pensions - all with one award-winning app. Download now.
  • Paymentology — In 2021, SaltPay acquired both Tutuka and Paymentology, resulting in a ‘payments and card processing powerhouse’ with CEO Rowan Brewer at the helm. The merger combined the ultra-advanced, multi-cloud platform of Paymentology with the global reach and experience of Tutuka to revolutionise cloud-based processing globally. Now, Paymentology is thefirst truly global issuer-processor, giving banks and fintechs the technology, team and experience to issue and process cards anywhere in the world, at scale. They currently have payments experts with deep, local market knowledge on the ground in 50 countries, across 14 time zones, guaranteeing 24/7 support. Their superior multi-cloud Platform, offering both shared and dedicated processing instances, vast global presence, and richer real-time data, set them apart as the leader in payments.
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PayPal Ventures
VC Fund · San Jose, California, United States · 2 investments in South Africa Payments startups, 10 in the past 12 months

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: 148
  • Round size: Series A $11M–$55M; Series B $14M–$100M; Series C $30M–$260M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Forage — Forage is a third-party payment processor (TPP) and a pin provider that authenticates and processes EBT recipients and transactions. Forage makes it easier for grocers to accept SNAP EBT payments online. Forage guides merchants through the USDA application process and tech integration for merchants, taking most of the burden off retailers.Foragedemocratizes access to government benefits and helps underserved Americans easily access their benefits online. Forage works with multiple grocers and platforms such as Shopify and Flashfood to accept SNAP EBT payments online.
  • Cart.com — Cart.com's end-to-end solution provides brands with the software, infrastructure, and expertise of the world's largest online retailers.
  • Carro — Unlock a new sales channel and let Carro uncover the perfect brand partners on Shopify. Carro enables top brands on Shopify to sell each others products through cross-store selling.
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Rou Capital
VC Fund · 2 investments in South Africa Payments startups

Fintech, AI, Blockchain

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Investment focus

  • Industry: FinTech, Blockchain, Cryptocurrency
  • Stage:Pre-Seed
  • Geography: South Africa

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $50k–$460k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Ivorypay — Ivorypay is a crypto payment gateway that enables businesses to get paid in stable cryptocurrency and leverage Defi and NFT for growth.Our goal is simply to create a blockchain based payment solution that powers seamless and cheap cross-border transactions in Africa without FX restrictions and also create better spend use cases for theexponentially growing base of crypto adopters on the continent.
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Invictus Capital
VC Fund · George Town, Midland, Cayman Islands · 2 investments in South Africa Payments startups

Invictus Capital leverages existing public blockchain rails and the hundreds of thousands of onramps and offramps that exist globally to democratize access to investment products in emerging and developed markets. We believe investing should be convenient, transparent and low-cost.

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Investment focus

  • Industry: SaaS, Internet, Software
  • Stage:Seed, Series A, Series B
  • Geography: Italy, South Africa

Investor stats

  • Total investments: 5
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Will Media — founder @will_ita Former @airbnb and @lime policy guy. Now fighting for the good cause of knowledge in democracy
  • Contents — Create, localize and govern content at scale with an enterprise AI platform and digital agency for copy, blogs, SEO, translations, images, video and campaigns.
  • Serenis Health — Serenis Health provides video-based psychotherapy, coaching, and psychological support courses. It believes that the internet is critical to increasing access to mental health care. It makes use of data and digital tools to improve the efficacy of therapies. But, unlike other platforms, it is also a medical center, which means it is responsible forcourse quality and must meet the same standards as any polyclinic.
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HAVAÍC
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Payments 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, Venture - Series Unknown, Series A
  • Geography: South Africa, United States, Kenya

Investor stats

  • Total investments: 49
  • Round size: Seed $83k–$4M; Series A $1.9M–$15M; Venture - Series Unknown $318k–$632k
  • Lead/follow: 65% lead, 35% follow
  • Last fund: Likely still investing — raised $50M in 2024

Portfolio highlights

  • NjiaPay — Payments-as-a-Service platform that will streamline your operations and elevate your online payments across the African continent.
  • SwiftVee — SwiftVEE is a livestock trading mobile app. They support live webcast livestock auctions and silent auctions. Their platform facilitates the discovery and viewing of livestock auctions.They provide webcast advertising, online auctions, and online livestock insurance services and data products for financial institutions.
  • Tanda — As a Tanda Agent, you can sell Kenya's favorite digital products, and grow your duka while you're at it
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Norrsken VC
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in South Africa Payments 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, Food and Beverage, Artificial Intelligence
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Sweden, United Kingdom, Germany

Investor stats

  • Total investments: 108
  • Round size: Seed $893k–$14M; Series A $4.4M–$56M; Venture - Series Unknown $1.1M–$156M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $346M in 2024

Portfolio highlights

  • Biorce — Meet the world's first AI clinical trials assistant! We bring innovative technologies to revolutionize healthcare and drug development faster & more efficiently
  • Verse — Define & achieve your financial and emissions reduction goals with Aria, a software platform that helps companies buy and manage clean power.
  • Endra — Endra is a purpose-built platform for modern MEP engineering. Generate 3D models and drawings, sync with Revit and enjoy coordinated design workflows.
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Enza Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in South Africa Payments startups, 6 in the past 12 months

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, E-Commerce, FinTech
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Kenya, Nigeria, South Africa

Investor stats

  • Total investments: 53
  • Round size: Seed $1M–$8M; Series A $3.6M–$31M; Venture - Series Unknown $2.6M–$17M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — raised $58M in 2023

Portfolio highlights

  • Yakeey — Yakeey is an end-to-end transactional marketplace that radically simplifies the experience of buying, selling and renting real estate.We leverage on data and technology to connect all real estate market players through a state of the art platform, create a chain of trust and powerful network effects and accelerate transactions.Yakeey is builton a community of real estate advisors, YakeeyPRO, to deliver a continuous professional and tailored service at every step of the transaction.
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
  • Aethex — End to end voice agents localized for your market.
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Partech
VC Fund · Paris, Ile-de-France, France · 2 investments in South Africa Payments startups

Partech is a global venture capital firm with offices in San Francisco, Paris, Berlin and Dakar. Partech invests in Internet and information technology startups at seed, venture and growth stages.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Series A, Seed, Series B
  • Geography: United States, France, Germany

Investor stats

  • Total investments: 654
  • Round size: Seed $1.1M–$9M; Series A $4.2M–$28M; Series B $9M–$56M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely actively investing — fresh fund, raised $345M in 2026

Portfolio highlights

  • Mercanis — Source services smarter and drive automation along your source-to-settle process. Discover how Mercanis enables you to collaborate with best-in-class suppliers across your departments.
  • Revibe — Buy refurbished & used electronics (Smartphones, Laptops) in UAE at Revibe. Free delivery & 12 months warranty. Certified tech by our experts. Order Now!
  • Jungo Software — Experience the future of driving with in-cabin sensing technology. Learn how this accident prevention system saves lives
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Nedbank
VC Fund · Sandown, NA - South Africa, South Africa · 2 investments in South Africa Payments startups

Nedbank is a one of the largest banks in South Africa.

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Investment focus

  • Industry: Software, Information Technology, Mining
  • Stage:Debt Financing, Post-IPO Debt, Series A
  • Geography: South Africa, Australia, United States

Investor stats

  • Total investments: 25
  • Round size: Series A $2M–$7.5M; Post-IPO Debt $150M–$700M; Debt Financing $2.2M–$509M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Kuunda — Kuunda provides consulting, liquidity management, data insight tools enabling users to fulfill financial needs through a digital platform.
  • Ivanhoe Mines — Things interesting about Ivanhoe Ltd. and Mr. Robert Friedland
  • PayInc — PayInc connects the South African payments system as the largest automated clearing house in Africa.
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EchoVC Partners
VC Fund · Lagos, Lagos, Nigeria · 2 investments in South Africa Payments startups

EchoVC Partners is a seed and early-stage venture capital firm focused on financing and cross-pollinating leading technologies, teams, business models, and knowledge across North America, Africa, and SE Asia. The average investment size ranges from $25,000 to several million dollars depending on the stage of opportunity and capital needs of thebusiness.

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Investment focus

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

Investor stats

  • Total investments: 73
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$2.2M; Series A $1.2M–$22M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely still investing — raised $2.5M in 2023

Portfolio highlights

  • Rivy — Access flexible financing for solar energy projects with Rivy. Power homes, businesses, and communities with clean, affordable energy.
  • Printivo — Design & print Business Cards, flyers, mugs and other print products online and we will deliver your doorstep. Get instant quotes.
  • Rana Energy — No. 1 Solar Community in Africa
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FMO
VC Fund · The Hague, Zuid-Holland, The Netherlands · 2 investments in South Africa Payments startups

FMO is a financial investment firm that specializes in financing businesses and projects FMO invests across the agribusiness value chain to enhance food security, support sustainability and promoting inclusive development.

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Investment focus

  • Industry: Financial Services, Finance, Renewable Energy
  • Stage:Debt Financing, Post-IPO Debt, Series B
  • Geography: India, Kenya, The Netherlands

Investor stats

  • Total investments: 201
  • Round size: Series B $5.3M–$46M; Post-IPO Debt $30M–$420M; Debt Financing $5M–$195M
  • Lead/follow: 55% lead, 45% follow

Portfolio highlights

  • Tagaddod — Tagaddod is a renewable Energy and Waste Management Egyptian company, started in February 2013 and operating in Cairo –Egypt. Currently focusing on clean fuels, Tagaddod is working on Biodiesel production from Vegetable Oils. Biodiesel is a fuel alternative that is produced from waste vegetable oils and used in conventional diesel engines, whichcan directly substitute for or extend supplies of traditional petroleum diesel.
  • SolarSaver — We provide customised rooftop solar PV solutions to corporate, industrial customers in Namibia & SA through its proprietary zero-capital financing model.
  • Coris Holding — Coris Holding is a financial institution that was established with the motive to provide support to SMEs and SMIs.
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Norrsken22
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Payments startups

Norrsken22 is a tech growth fund, backed by an international network of tech founders, partnering with exceptional African entrepreneurs in scaling disruptive businesses.

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Investment focus

  • Industry: Financial Services, Banking, Payments
  • Stage:Seed, Series A, Series B
  • Geography: South Africa, Egypt, Nigeria

Investor stats

  • Total investments: 23
  • Round size: Seed $2.4M–$13M; Series A $5M–$40M; Series B $6.8M–$55M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely still investing — raised $110M in 2022

Portfolio highlights

  • Lua — Build, deploy, and scale enterprise-grade AI agents. Ship your first agent without touching infrastructure.
  • Shiprazor — Shiprazor is an innovative shipping aggregator that revolutionizes the logistics industry by providing seamless solutions for businesses.
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
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Newtown Partners
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in South Africa Payments startups

Newtown Partners is a venture capital firm that actively invests in emerging, disruptive technology startups.

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Investment focus

  • Industry: Logistics, Software, Health Care
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: South Africa, United States, Ghana

Investor stats

  • Total investments: 31
  • Round size: Seed $600k–$5.5M; Series A $3.3M–$30M; Venture - Series Unknown $2M–$2.5M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • MDaaS Global — At MDaaS Global, we build and operate modern, tech-enabled diagnostic centres in clinically-underserved communities, starting in Nigeria. Our big goal is to create affordable healthcare solutions for Africa's next billion.
  • Chefaa — Chefaa is a GPS-enabled pharmacy benefits platform connecting patients & pharmacies nation-wide to help patients manage all their pharmacy needs. Chefaa uses big data, data ming & machine learning
  • Waspito — We are the platform that engages Africa into the conversation and action to drive affordable and accessible quality healthcare across the continent.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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500 Fintech
VC Fund · San Francisco, California, United States · 2 investments in South Africa Payments startups

500 Fintech

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Investment focus

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

Investor stats

  • Total investments: 10
  • Round size: Seed $500k–$7.7M; Series A $7M–$11M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Kilo — Kilo develops a retail platform that provides retailers access to price, assortment, and inventory management. The platform is designed specifically to serve small and medium-sized retailers. The Kilo network effect creates a virtuous growth cycle for both supply and demand.
  • 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.
  • finally — Software + a dedicated bookkeeper for one flat price. First close in 30 days. $399 / month.
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RaliCap
VC Fund · San Francisco, California, United States · 2 investments in South Africa Payments startups, 6 in the past 12 months

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

Investor stats

  • Total investments: 63
  • Round size: Seed $1.3M–$5.5M; Pre-Seed $300k–$3.7M
  • Lead/follow: 6% lead, 94% follow
  • Last fund: Likely still investing — raised $2.5M in 2024

Portfolio highlights

  • Cata — Launch your branded mobile app for ordering, CRM & loyalty. Increase order frequency & basket size. Learn how Cata can scale your business!
  • Pago ASAP — Asap optimizes every process with speed, security, and efficiency by facilitating cross-border payments targeted at resource banking. Pago ASAP's payment infrastructure enables banks, fintechs, digital wallets, remittance companies, and businesses to transmit and receive payments.
  • Gangkhar — Gangkhar provides AI-native embedded insurance infrastructure for digital platforms, insurers, MGAs, and brokers to launch, optimize, and scale embedded protection.
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Integrity Seed Ventures
VC Fund · 2 investments in South Africa Payments startups

Venture Capital Fund

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Investment focus

  • Industry: FinTech, Blockchain, Cryptocurrency
  • Stage:Seed
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • Ivorypay — Ivorypay is a crypto payment gateway that enables businesses to get paid in stable cryptocurrency and leverage Defi and NFT for growth.Our goal is simply to create a blockchain based payment solution that powers seamless and cheap cross-border transactions in Africa without FX restrictions and also create better spend use cases for theexponentially growing base of crypto adopters on the continent.
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Goodwell Investments
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 2 investments in South Africa Payments 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, Venture - Series Unknown
  • Geography: Nigeria, South Africa, Kenya

Investor stats

  • Total investments: 51
  • Round size: Series A $1.5M–$12M; Series B $2M–$26M; Venture - Series Unknown $140k–$1.8M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely actively investing — fresh fund, raised $59M in 2026

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.
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Fireball Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in South Africa Payments startups

Fireball Capital operates as a venture capital firm.

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Investment focus

  • Industry: Email, Internet, Payments
  • Stage:Series A
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • Plentify — Plentify connects home appliances with cheaper cleaner energy. It does this with an intelligent residential load management platform which matches demand with clean energy supply for 75% cheaper than batteries. Plentify combines advanced hardware, AI, and user-centric design to create smart home products that delight customers while alsostrengthening electricity systems.
  • Sendmarc — Manage your organization's DMARC, SPF, and DKIM with world-class implementation services and support. All in one easy-to-use platform.
  • Insight Terra — Insight Terra supports data driven risk management in critical situations where business operations, people and the environment all come together.
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LeapFrog Investments
VC Fund · Port Louis Town, Port Louis, Mauritius · 1 investments in South Africa Payments startups

Scaling purpose-driven businesses to achieve leaps of growth, profitability and impact.

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Investment focus

  • Industry: Financial Services, Finance, Insurance
  • Stage:Private Equity, Series C
  • Geography: India, Nigeria, United Kingdom

Investor stats

  • Total investments: 74
  • Round size: Series C $20M–$90M; Private Equity $9.3M–$110M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Fidelity Bank Ghana — Fidelity Bank Limited provides banking products and services. The company offers current and savings accounts.
  • Global Care Medical Center — Global Care Medical Center is a network of hospitals and clinics that provides multi specialty inpatient and outpatient healthcare services.
  • ARM Pension Managers PFA — ARM Pension Managers PFA Limited (“ARM Pensions”), a subsidiary of ARM. ARM Pensions is Nigeria’s largest independent pension fund manager.
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Development Partners International
VC Fund · London, England, United Kingdom · 1 investments in South Africa Payments startups

Development Partners International (“DPI”) is a leading Pan-African private equity firm, with strong local knowledge and an established track record of investing in Africa.DPI was established in 2007 by co-founders Miles Morland and Runa Alam, both pioneers of African investment, with a vision to build a leading pan-African private equity firm.Today, DPI manages over US$1.1bn of assets across two private equity funds.Through its world class team with over 100 years of aggregate African investment experience, DPI has invested in 19 portfolio companies operating across 27 countries.The investment team is 100% African and over 40% of the DPI team is made up of women. They possess the local network, knowledge and language skills to source and invest in transactions throughout the continent.

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Investment focus

  • Industry: Financial Services, Manufacturing, Retail
  • Stage:Private Equity, Series A
  • Geography: Egypt, Morocco, South Africa

Investor stats

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

Portfolio highlights

  • Sylndr — Sylndr is an automotive focused e-commerce marketplace bringing innovation to the used-cars market, where customers can reliably and transparently sell and buy used cars. The company is aiming to build trust in the used-car market by becoming the go-to place for customers seeking to sell and buy their cars, through an extensive range ofhigh-quality used vehicles accessible across a diverse set of financing solutions.
  • Moniepoint — Moniepoint provides an all-in-one payments, banking and operations platform for businesses and their customers.
  • Alameda Health Care — Alameda Healthcare: Your ideal choice for the best medical care in Egypt. Our group includes leading hospitals that offer various specialties and health services to meet the needs of you and your family.
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Samsung Electronics
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 1 investments in South Africa Payments startups

Discover the latest in electronic & smart appliance technology with Samsung. Find the next big thing from smartphones & tablets to laptops & tvs & more.

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Investment focus

  • Industry: Software, Manufacturing, Artificial Intelligence
  • Stage:Grant, Series B
  • Geography: United States, South Korea, Brazil

Investor stats

  • Total investments: 65
  • Lead/follow: no public data

Portfolio highlights

  • Coframe — Transform your website with AI-driven optimization and personalization that boosts engagement and conversions. Coframe automates growth 24/7.
  • Notch — Building AI-powered tools to make marketing predictable and delightful again.
  • Spline — Spline is a free 3D design software with real-time collaboration to create web interactive experiences in the browser. Easy 3d modeling, animation, textures, and more.
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R-Ventures
VC Fund · 1 investments in South Africa Payments startups

R-Ventures is a global investor in high-impact tech startups driving change and economic growth through emerging market investments.

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Investment focus

  • Industry: Banking, FinTech, Finance
  • Stage:Seed
  • Geography: Senegal, South Africa

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Bettr — Bettr is a digital banking app for creator. Download the app to get your zero monthly fee digital bank account and virtual card. Join our community of creators, gamers, influencers, freelancers, tiktokkers, streamers, YouTubers and digital gig workers.
  • Yobante Express — Yobante Express offers a web & mobile platform that connects retailers, businesses & individuals with carriers for point-to-point delivery.
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Blockchain Founders Fund
VC Fund · Singapore, Central Region, Singapore · 1 investments in South Africa Payments startups

We Focus Exclusively On Adding Value To Blockchain & Emerging Technology Projects With Real World Applications.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 200
  • Lead/follow: no public data

Portfolio highlights

  • KINO — KINO is a film production company that brings fans behind the scenes of their favorite hollywood films.
  • Renaissance — Renaissance allows artists to amplify their streaming traction and tap into a community of their super fans.
  • Virtualtech Frontier — Virtualtech Frontier develops business processes through virtual reality technology. It operates virtual event platforms, metaverse services, and virtual reality solutions. Virtualtech Frontier was founded in 2021 and is based in Selangor, Malaysia.
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Payments Investor funding in South Africa at a glance

Stats across 116 deals from 178 investors.

178
investors
in South Africa Payments startups
116
deals
in South Africa Payments startups
$2.4M
median round
in South Africa Payments startups
39%
lead investors
lead at least one round
23%
Seed
most common funding stage
83/17
VC / Angel
share of investor count

Access all 178 investors in South Africa Payments startups.

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