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Top 15 Payments Startup Investors in Zambia (June 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
Vibe VC
VC Fund
2 United States, India, Zambia Seed, Pre-Seed, Series A Financial Services, EdTech, Retail $525k–$33M
Ventures Platform
VC Fund
2 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $100k–$4.4M
The Todd & Rahul Angel Fund
VC Fund
2 United States, Zambia, Nigeria Seed, Series A, Series B Software, Information Technology, E-Commerce $3M–$45M
Babs Ogundeyi
Angel
2 Nigeria, Zambia, Pakistan Seed, Pre-Seed FinTech, Financial Services, Finance $780k–$5M
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, Financial Services $1M–$20M
True Capital Management
VC Fund
1 United States, Nigeria, Canada Seed, Series A, Pre-Seed FinTech, Financial Services, Software $125k–$59M
Earl Grey Capital
VC Fund
1 United States, India, Canada Seed, Pre-Seed, Series A SaaS, Information Technology, Software $1.5M–$12M
Blockchain Founders Fund
VC Fund
1 United States, United Kingdom, Singapore Seed, Pre-Seed Blockchain, Cryptocurrency, FinTech $200k–$7M
Zrosk Investment Management
VC Fund
1 Nigeria, United Kingdom, United States Seed, Pre-Seed, Series A Financial Services, FinTech, Finance $500k–$33M
Goodwater Capital
VC Fund
1 United States, India, South Korea Seed, Series A, Pre-Seed FinTech, Financial Services, Software $500k–$31M
Tiger Global Management
VC Fund
1 United States, India, China Series B, Series A, Series C Software, FinTech, Financial Services $8M–$298M
Not Boring Capital
VC Fund
1 United States, Canada, Zambia Seed, Pre-Seed, Series A Software, FinTech, Cryptocurrency $400k–$32M
Gbenga Ajayi
Angel
1 South Africa, Egypt, Kenya Seed, Series B, Series A Financial Services, Payments, Banking $3M–$55M
54 Collective
VC Fund
1 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech $40k–$4M
Access all 20 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

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, EdTech, Retail
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Zambia

Investor stats

  • Total investments: 9
  • Round size: Seed $3M–$12M; Pre-Seed $525k–$4.5M; Series A $20M–$33M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Carry — Ocho is everything you need to build wealth as a business owner.
  • Hone Health — Hone Health provides telehealth services that support hormone health and longevity, including testosterone replacement therapy (TRT)
  • Disco — Co-op commerce is a network of the world's best brands partnering together to grow.
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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: 141
  • Round size: Seed $325k–$4.4M; Pre-Seed $100k–$1.3M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • SEND — SEND manages the entire process of moving freight by air, ocean and road to and from Africa - including customs processes, trucking and warehousing. Our application provides instant quotes & bookings, document management, cost transparency, notifications and tracking for your cargo.
  • PressOne — Eliminate the guesswork in your customer service operations. Track every conversation. Coach your team with AI-driven insights.
  • Remedial Health — We improve business to business access to medicines by providing such medicines from manufactures/registered distributors direct to large and small healthcare retail businesses (large pharmacies and remote chemist/PPMVs (Patent and Proprietary Medicine Vendors)) using technology to deliver just-in-time stock and provide financing and awide selection of inventory to such retail business.
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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: Software, Information Technology, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: United States, Zambia, Nigeria

Investor stats

  • Total investments: 16
  • Round size: Seed $3M–$30M; Series A $6M–$21M; Series B $40M–$45M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: Likely still investing — raised $24M in 2021

Portfolio highlights

  • Loyal — Loyal is a clinical-stage veterinary medicine company working on giving dogs longer, healthier lives.
  • Merkle Manufactory — Merkle Manufactory is a software company contributing to the Farcaster protocol and working on clients.
  • Meez Culinary Solutions — Organize, Train, Cost, Iterate, Collaborate, and Share your recipes and process.
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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: 11
  • Round size: Seed $2M–$5M; 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.
  • 24SEVEN — 24seven.pk is using tech and data to digitize and disrupt the fresh food and FMCG verticals in one of the fastest-growing and rapidly evolving consumer markets in the world.
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ACE & Company
VC Fund · Geneva, Geneve, Switzerland · 2 investments in Zambia Payments startups

ACE offers three core investment strategies across the stages of private investment: Secondaries, Buyout, and Venture. Our portfolio construction guidelines ensure that our investors access the necessary customization to achieve their risk and return requirements.ACE aims to drive returns by managing risks and strategically adjusting investmentexposure to the stage of a company’s development. We strongly believe that diversification and sizing of investments according to the risk profile are the most effective approaches to investing private capital.ACE’s specialized investment teams provide the support to create long-term and sustainable investment results.

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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: 184
  • Round size: Seed $1M–$6.4M; Series A $3.4M–$24M
  • Lead/follow: 4% lead, 96% 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.
  • PatientPoint — Discover how PatientPoint delivers content that drives better health decisions and outcomes for healthcare providers, brands, and patients.
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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, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: United States, Germany, France

Investor stats

  • Total investments: 145
  • Round size: Seed $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

  • Akhetonics — Creating the first all-optical RISC Processor
  • 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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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: 132
  • Round size: Seed $500k–$5M; Pre-Seed $125k–$725k; Series A $9.1M–$59M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: May invest from a new fund soon — raised $18M in 2012

Portfolio highlights

  • MoonPay — MoonPay offers a fast and simple way to buy and sell cryptocurrencies. Buy crypto with credit card, bank transfers or Apple Pay today.
  • 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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Earl Grey Capital
VC Fund · 1 investments in Zambia Payments startups

Founders funding founders at the earliest stages of company building.

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Investment focus

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

Investor stats

  • Total investments: 16
  • Round size: Seed $2.2M–$12M; Pre-Seed $1.5M–$5M; Series A $12M–$12M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rubie — Rubie is a software solutions company that helps businesses with complex products streamline and accelerate customer onboarding.
  • CrewAI — CrewAI is a multi-agent automation platform for enterprises to automate complex tasks. With its automation platform, organizations can deploy and manage AI agents to automate complex tasks and to value across a wide range of use cases, from research and analysis to coding and reporting.The company also offers a range of advanced new featuresincluding self-iteration, performance evaluation, persistent memory, and a range of new agent collaboration structures.
  • Dreambase — Dreambase develops AI-powered analytics software that enables organizations to generate insights, dashboards, and reports directly from their database without requiring traditional data infrastructure. The platform connects to data sources such as Supabase or PostgreSQL and analyzes schema, relationships, and usage patterns to automatically producemetrics and visualizations. Its system uses AI agents to perform tasks typically handled by data teams, including querying databases, identifying trends, building pipelines, and delivering recommendations based on real-time data. The platform eliminates the need for external data warehouses or manual event tracking by treating the database as the primary source of truth and generating insights directly from it.
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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: 204
  • Round size: Seed $550k–$7M; Pre-Seed $200k–$2M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely still investing — raised $75M in 2022

Portfolio highlights

  • Hivello — Hivello is a Decentralized Physical Infrastructure Network aggregator. Contribute resources, connect with Web3 protocols, and effortlessly generate passive income.
  • ZOTH — Unified platform for yield, payments, cards & compliance, serving retail & institutional users.
  • MonkeyLeague — MonkeyLeague is a video game company. They develop PC and console-based NFT games. The company offers a turn-based, play-and-earn multi-player soccer game that provides monkey NFTs of genetic composition formulated from 32 traits.
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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: Financial Services, FinTech, Finance
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United Kingdom, United States

Investor stats

  • Total investments: 29
  • Round size: Seed $1.4M–$5M; Pre-Seed $500k–$2.5M; Series A $7M–$33M
  • Lead/follow: 24% lead, 76% 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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822 industries, 177 countries. Updated daily. Emails and phones included.

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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: 473
  • Round size: Seed $1M–$8M; Pre-Seed $500k–$3M; Series A $4.5M–$31M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • IRL — Groups, Chats, Events - Tap to see details
  • Jerry — Jerry simplifies the expensive, frustrating, and time-consuming aspects of car ownership.
  • Class101 — Class101 is an online platform where people can make and enjoy hobbies.
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Tiger Global Management
VC Fund · New York, New York, United States · 1 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: 861
  • Round size: Series A $8M–$50M; Series B $17M–$130M; Series C $25M–$298M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — raised $2.2B in 2024

Portfolio highlights

  • Chaayos — Your one stop shop for all your Chai Cravings. Easy way to buy out Masala Tea, Instant Tea, Green Teas and Tea Gifts.
  • Progcap — Progcap is revolutionising the way financial access is delivered to underserved segments of the Indian retail economy, through specialized financing and technology products that empower small and medium businesses (SMBs) to progress without obstacles.
  • G.O.A.T Brand Labs — Purpose G.O.A.T is mono-maniacally focussed on the audacious goal of Making Indian D2C brands world...
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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, Pre-Seed, Series A
  • Geography: United States, Canada, Zambia

Investor stats

  • Total investments: 37
  • 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

  • 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.
  • Jia — Small businesses drive the economy. They deserve to own a piece of it. Jia gives entrepreneurs anywhere in the world power to control their financial destiny. We provide blockchain-based financing to businesses in emerging markets and reward them with ownership, enabling them to create wealth and prosperity for themselves and their communities.
  • Ceramic Network — Ceramic Network is a provider of protocols for decentralized and composable data applications. The network decentralizes application databases, making data universally composable and reusable across applications. It consists of three core parts: a highly-scalable, decentralized infrastructure for data availability and consensus, a marketplace ofcommunity-created data models, and a suite of standard APIs for storing, updating, and retrieving data from those models.
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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, Payments, Banking
  • Stage:Seed, Series B, Series A
  • Geography: South Africa, Egypt, Kenya

Investor stats

  • Total investments: 13
  • Round size: Seed $3M–$34M; Series A $8M–$11M; Series B $33M–$55M
  • Lead/follow: 69% lead, 31% 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.
  • Moniepoint — Moniepoint provides an all-in-one payments, banking and operations platform for businesses and their customers.
  • Revio — Subscription billing and payments made easy.
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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: 107
  • Round size: Seed $40k–$4M; Pre-Seed $40k–$1.3M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • mTek — mTek is a digital online insurance platform that provides an entirely paperless ecosystem for the insurance industry.
  • REasy — Top up locally, pay suppliers globally, and manage international shipments with REasy. Fast, secure, and designed for African businesses expanding worldwide.
  • Konnect — Konnect provides a cross borders payment solution intended to simplify complex financial flows allowing companies of any scale and size to send and receive payments in a practical, secure, and low-cost way.
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Payments Investor funding in Zambia at a glance

Stats across 9 deals from 20 investors.

20
investors
in Zambia Payments startups
9
deals
in Zambia Payments startups
$1.7M
median round
in Zambia Payments startups
25%
lead investors
lead at least one round
44%
Seed
most common funding stage
90/10
VC / Angel
share of investor count

Access all 20 investors in Zambia Payments startups.

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