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Top 15 Payments Startup Investors in Zambia (August 2026)

The most active venture capital funds and angel investors investing in Zambia Payments startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Zambia 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
Babs Ogundeyi
Angel
2 Nigeria, Zambia, Pakistan Seed, Pre-Seed FinTech, Financial Services, Finance $780k–$6M
Vibe VC
VC Fund
2 United States, India, Zambia Seed, Pre-Seed, Series A Financial Services, Finance, Software $250k–$33M
Ventures Platform
VC Fund
2 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $100k–$4.4M
Tiger Global Management
VC Fund
2 United States, India, China Series B, Series A, Series C Software, FinTech, Financial Services $9M–$284M
ACE & Company
VC Fund
2 United States, Switzerland, United Kingdom Seed, Series A Software, Financial Services, FinTech $1M–$24M
Runa Capital
VC Fund
2 United States, Germany, France Series A, Seed, Series B Software, SaaS, FinTech $1.1M–$20M
The Todd & Rahul Angel Fund
VC Fund
2 United States, Zambia, Nigeria Seed, Series A, Pre-Seed Information Technology, Software, Artificial Intelligence $500k–$30M
Earl Grey Capital
VC Fund
1 United States, India, Canada Seed, Pre-Seed, Series A Information Technology, SaaS, Software $1M–$14M
Zrosk Investment Management
VC Fund
1 Nigeria, United Kingdom, United States Seed, Pre-Seed, Series A FinTech, Financial Services, Finance $200k–$33M
54 Collective
VC Fund
1 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech $40k–$4M
True Capital Management
VC Fund
1 United States, Nigeria, Canada Seed, Series A, Pre-Seed FinTech, Financial Services, Software $125k–$555M
Goodwater Capital
VC Fund
1 United States, India, South Korea Seed, Series A, Pre-Seed FinTech, Financial Services, Software $125k–$31M
Not Boring Capital
VC Fund
1 United States, Canada, Zambia Seed, Series A, Pre-Seed Software, FinTech, Cryptocurrency $400k–$32M
Gbenga Ajayi
Angel
1 South Africa, United States, Egypt Seed, Series A, Series B Financial Services, FinTech, Payments $3M–$55M
Blockchain Founders Fund
VC Fund
1 United States, United Kingdom, Singapore Seed, Pre-Seed Blockchain, Cryptocurrency, FinTech $200k–$6M
Access all 25 investors in Zambia Payments startups.

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

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Investor list

Babs Ogundeyi
Angel · Yaba, Lagos, Nigeria · 2 investments in Zambia Payments startups

Cofounder and CEO of Kuda

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, Zambia, Pakistan

Investor stats

  • Total investments: 12
  • Round size: Seed $2M–$6M; Pre-Seed $780k–$4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Zazuu — Zazuu is a platform for sending money across the border.
  • Curacel — Curacel creates APIs & tools that enable businesses to embed insurance in digital channels and to administer claims cost-effectively.
  • Maplerad — Global payment infrastructure for businesses.
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Vibe VC
VC Fund · 2 investments in Zambia Payments startups

We were told no one would take us seriously as investors without a website, so here's our website.

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Investment focus

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

Investor stats

  • Total investments: 12
  • Round size: Seed $3M–$12M; Pre-Seed $250k–$4.5M; Series A $8M–$33M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Carry — Ocho is everything you need to build wealth as a business owner.
  • Qene Games — Qene Games is an award-winning software development firm operating from Addis Abeba, Ethiopia. Founded in 2017, the company has been focused on developing and publishing video games while providing game development outsourcing, game art outsourcing, and other software development services.
  • Hone Health — Hone Health is a telehealth clinic that helps people improve healthspan through advanced biomarker testing, clinician-guided care, and personalized protocols.
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Ventures Platform
VC Fund · Abuja, Federal Capital Territory, Nigeria · 2 investments in Zambia Payments startups

We back founders building the future of Africa. We invest in companies that solve for non-consumption, plug infrastructural gaps and democratise prosperity in Africa, by eliminating the barriers for access and reducing the costs of delivering goods and services.

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Investment focus

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

Investor stats

  • Total investments: 158
  • Round size: Seed $120k–$4.4M; Pre-Seed $100k–$2M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Brass — Get started with a modern current account
  • Traction Apps — Traction apps provide businesses end to end tools they need to run and grow their businesses.
  • MarketForce — MarketForce is a US, Kenya and Nigeria-based technology company that is building the SuperApp for Africa's 100 million merchants. MarketForce provides an all-inclusive B2B Commerce and Fintech platform (dubbed “RejaReja” – Swahili for ‘retail’) that empowers merchants in Africa to source, order and pay for inventory digitally and conveniently,access financing, collect digital payments and make extra money by reselling digital financial services such as airtime, electricity tokens and bill payments. Launched in 2018, MarketForce is a fast-growing YC backed company running an asset-light business model and is currently operational in 5 markets in Sub-Saharan Africa, with over 200,000 merchants and 50 consumer brands trading on the platform.
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Tiger Global Management
VC Fund · New York, New York, United States · 2 investments in Zambia Payments startups

Founded in 2001, Tiger Global Management, LLC (“Tiger Global”) is a New York-based investment firm pursuing a long-term approach to investing in leading, global public and private companies that leverage technological innovation. Tiger Global’s public equity business includes fundamentally oriented long/short, long-focused and crossoverstrategies, targeting investments in high-quality, public growth companies. The private equity business invests in early through late stage companies that pursue innovative approaches to new and existing industries, building on over 20 years of experience investing in hundreds of businesses in more than 30 countries with more than 90 portfolio company IPOs. With a strong track record investing across sectors and stages, Tiger Global aims to be a thought partner to companies and their management teams across their lifecycle in public and private markets. The Firm’s mission is to generate world-class returns for its investors and to do so in a way that makes its employees, partners and portfolio companies proud.

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Investment focus

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

Investor stats

  • Total investments: 1228
  • Round size: Series A $9M–$54M; Series B $20M–$130M; Series C $30M–$284M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — raised $2.2B in 2024

Portfolio highlights

  • Kavak — KAVAK is an innovative company in the automotive industry that helps people acquire their own car, offering a wide range of guaranteed and certified cars.
  • StrongDM — Manage access to any server, database, or Kubernetes instance in minutes. Fully auditable, replayable, secure, and drag-and-drop easy.
  • OfBusiness — Get latest raw materials prices, news and instant quotes for 500+ Categories across Steel, Aluminium, Agri and more
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ACE & Company
VC Fund · Geneva, Geneve, Switzerland · 2 investments in Zambia Payments startups

ACE & Company is a Geneva-based private equity and venture capital firm with more than $2.0 billion in assets under management and over 20 years of experience.

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Investment focus

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

Investor stats

  • Total investments: 186
  • Round size: Seed $1M–$6.4M; Series A $3.4M–$24M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Roofr — The complete sales toolbox for roofers. From roof measurement reports to project-winning proposals.
  • Vennre — Build wealth through vetted private market opportunities from $5k. GCC-first, globally accessible. Regulated, Sharia-compliant, digital-first.
  • DiPonio Contracting — DiPonio Contracting is an infrastructure maintenance and construction company. It offers new and replacement upgrades for aged and existing water, wastewater, and storm sewer systems.
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Runa Capital
VC Fund · Palo Alto, California, United States · 2 investments in Zambia Payments startups

Runa Capital is a global venture capital firm built by serial entrepreneurs that invests in early-stage software startups around the world...

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Investment focus

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

Investor stats

  • Total investments: 152
  • Round size: Seed $1.1M–$10M; Series A $1.5M–$15M; Series B $2.5M–$20M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — raised $69M in 2020

Portfolio highlights

  • Spectrm — charles is the Conversational Marketing AI and CRM platform for brands to attract, convert, and retain customers via AI agents and marketing automations.
  • Axiom Trust — Axiom Trust is an AI-powered trust startup that modernises professional trust administration during the "Great Wealth Transfer" of over $100 trillion in assets.
  • Lace Lithography — Lace is building the patterning technology that will power the next 100 years of semiconductor manufacturing.
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The Todd & Rahul Angel Fund
VC Fund · San Francisco, California, United States · 2 investments in Zambia Payments startups

Backed by 110+ world-class founders and operators. We help you find product/market fit faster, supercharge your distribution, and raise from the best investors.

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Investment focus

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

Investor stats

  • Total investments: 19
  • Round size: Seed $3M–$30M; Pre-Seed $500k–$3.8M; Series A $6M–$21M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — raised $24M in 2021

Portfolio highlights

  • Vulture Labs — Transforming your existing CCTV into your Most Powerful Operational Tool.
  • TRIC Robotics — TRIC Robotics develops an autonomous, non-chemical pesticide alternative for strawberry farms. The company was founded in 2017 and is headquartered in Newark, DE.
  • Pilot Protocol — Network OS for AI Agents
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Earl Grey Capital
VC Fund · 1 investments in Zambia Payments startups

Earl Grey Capital is a investment firm.

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Investment focus

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

Investor stats

  • Total investments: 20
  • Round size: Seed $2.2M–$13M; Pre-Seed $1M–$5M; Series A $12M–$14M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • CrewAI — A cutting-edge framework for orchestrating role-playing, autonomous AI agents that work together seamlessly to tackle complex tasks.
  • Dreambase — AI-Native Analytics for @Supabase
  • The Clearing Company — A new kind of prediction market.
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Zrosk Investment Management
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Zambia Payments startups

Alternative investment solutions: private credit, discretionary portfolios, and the Magna Specialized Fund.

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Investment focus

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

Investor stats

  • Total investments: 30
  • Round size: Seed $1.4M–$5M; Pre-Seed $200k–$2.5M; Series A $7M–$33M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • PaidHR — PaidHR works with organizations to streamline how they manage their staff. Our precisely created solutions enable them to create the ideal place to work.
  • Lingawa — Speak your native language with pride! Learn Yoruba and Igbo with fun, immersive online lessons for adults and kids (ages 5+).
  • Definely — Definely creates legal tech solutions to free lawyers from frustration, saving them time when understanding, drafting and reviewing legal documents.
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54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in Zambia Payments startups

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

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Investment focus

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

Investor stats

  • Total investments: 111
  • Round size: Seed $40k–$4M; Pre-Seed $40k–$1.3M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • LipaLater — LipaLater is a lending marketplace that provides postpaid payments at e-commerce stores. They are making technology affordable for you. Get the electronic of your choice today and pay for it in comfortable monthly installments.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
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Access 48,091 investors

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

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True Capital Management
VC Fund · San Francisco, California, United States · 1 investments in Zambia Payments startups

Achieve your financial goals & build generational wealth with our entertainer & athlete wealth management services. Offering comprehensive financial planning.

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Investment focus

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

Investor stats

  • Total investments: 151
  • Round size: Seed $949k–$4.4M; Pre-Seed $125k–$725k; Series A $9.1M–$555M
  • Lead/follow: 1% lead, 99% follow
  • Last fund: May invest from a new fund soon — raised $18M in 2012

Portfolio highlights

  • StackAI — Stack AI supercharges businesses. Deploy AI-powered applications in minutes, automate processes, and skyrocket productivity by connecting LLMs to data sources using Stack AI's no-code platform. Export your work with user-centric interfaces (chatbots and forms) and developer-friendly APIs.
  • Milano Vice — Milano Vice is building a new virtual food brand by working with professional kitchens to prepare and deliver delicious pizzas to home.
  • Kapital — Kapital empowers SMBs with a tech-banking platform giving visibility and control of their treasury, and their employees
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Goodwater Capital
VC Fund · Burlingame, California, United States · 1 investments in Zambia Payments startups

Consumer Tech Investors - We empower exceptional entrepreneurs everywhere to change the world for good.

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Investment focus

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

Investor stats

  • Total investments: 872
  • Round size: Seed $850k–$7.5M; Pre-Seed $125k–$2.1M; Series A $4.5M–$31M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Kaon — Chat with AI characters for free on FlowGPT! More than 1 million characters and bots to chat with, AI boyfriend, girlfriend, uncencored chat and AI tools.
  • RedotPay — Where Crypto Meets Real Life | Trusted by 8M+ | Accepted at 130M+ merchants | Pay with BTC, ETH, USDC, USDT & more
  • Pure — Pure Poker is a privately held fintech and software company that develops a legal, compliant, rake-free real-money online poker platform. Headquartered in San Francisco, California, the company replaces the traditional casino "house" model with a trusted, identity-verified social gaming network.
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Not Boring Capital
VC Fund · Seattle, Washington, United States · 1 investments in Zambia Payments startups

Behind-the-Scenes of Raising a Fund to Invest in Companies with Stories to Tell

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Investment focus

  • Industry: Software, FinTech, Cryptocurrency
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Canada, Zambia

Investor stats

  • Total investments: 39
  • Round size: Seed $3.3M–$25M; Pre-Seed $400k–$4.4M; Series A $7.5M–$32M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: Likely still investing — raised $30M in 2023

Portfolio highlights

  • Convoke — The AI-native operating system for drug development
  • Daylight — Anode Labs is leveraging web3 infrastructure to build the world's largest virtual power plant.
  • Somos Internet — Somos Internet is a network and telecommunications startup that provides latest generation internet with a fast, secure, stable connection. The company was founded in 2018 and is headquartered in Medellín, Antioquia, Colombia.
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Gbenga Ajayi
Angel · London, England, United Kingdom · 1 investments in Zambia Payments startups

Gbenga Ajayi is a Partner at QED Investors.

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Investment focus

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

Investor stats

  • Total investments: 14
  • Round size: Seed $3M–$34M; Series A $8M–$38M; Series B $33M–$55M
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • Union54 — Union54 is a debit card issuing API for fintech and corporates.Union54 allows any software company to issue debit cards to their customers without needing any bank or credit card processor. It provides BIN sponsorship., transaction processing, and settlement.
  • 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.
  • Velocity — Velocity provides a unified platform for efficiently moving and managing funds across both traditional banks and blockchains.
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Blockchain Founders Fund
VC Fund · Singapore, Central Region, Singapore · 1 investments in Zambia 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: 263
  • Round size: Seed $550k–$6M; Pre-Seed $200k–$2.5M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $75M in 2022

Portfolio highlights

  • Rilla — Demonstrating 90% reduction in cost-to-serve for live-streaming, Rilla is rewiring the content economy, directing the value generated back to creators and their communities.By leveraging audience bandwidth and rewarding them with ownership in the network, the savings are equivalent to a free month subscription every year for a moderate level ofviewership.Founded by the technical founders behind Altered State Machine, acquired for 214m. Together for 5+ ventures, collectively raising 130m+ and valued at 1b+.
  • Osmo — Osmo is a payment company that helps people to send and receive money immediately.
  • Uniblock — Uniblock helps connect developers with Web3 using our APIs and services. Our developers use Uniblock because of how easy it is to integrate into exciting applications. Try it for free today!
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Payments Investor funding in Zambia at a glance

Stats across 11 deals from 25 investors.

25
investors
in Zambia Payments startups
11
deals
in Zambia Payments startups
$1.7M
median round
in Zambia Payments startups
24%
lead investors
lead at least one round
36%
Seed
most common funding stage
88/12
VC / Angel
share of investor count

Access all 25 investors in Zambia Payments startups.

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