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Top 50 Payments VC Funds & Investors in South Africa (June 2026)

The most active venture capital funds 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
3 United States, Australia, India Pre-Seed, Seed, Series A Software, Health Care, FinTech $508k–$105M
Launch Africa
VC Fund
3 Nigeria, South Africa, United States Seed, Pre-Seed Financial Services, FinTech, Information Technology $200k–$4M
UW Ventures
VC Fund
3 South Africa Seed, Series A FinTech, Payments, Insurance $456k–$31M
Flourish Ventures
VC Fund
3 United States, India, Brazil Series A, Seed, Series B FinTech, Financial Services, Finance $2M–$65M
TLcom Capital Partners
VC Fund
3 Nigeria, United States, United Kingdom Series A, Seed Software, Mobile, Information Technology $1.9M–$13M
CRE Venture Capital
VC Fund
3 Nigeria, South Africa, United States Seed, Series A, Pre-Seed Financial Services, Software, FinTech $250k–$25M
Speedinvest
VC Fund
2 United Kingdom, Germany, Austria Seed, Series A, Pre-Seed Software, FinTech, Financial Services $549k–$38M
HAVAÍC
VC Fund
2 South Africa, United States, Kenya Seed, Series A Software, Health Care, FinTech $57k–$15M
Allan Gray
VC Fund
2 South Africa, United States Seed, Series A, Series C FinTech, Payments, Mobile Payments $456k–$100M
RaliCap
VC Fund
2 United States, Nigeria, Mexico Seed, Pre-Seed, Angel Financial Services, FinTech, Payments $313k–$8.3M
Newtown Partners
VC Fund
2 South Africa, Ghana, Kenya Seed, Series A Logistics, Health Care, Pharmaceutical $1M–$27M
Ayre Group
VC Fund
2 United States, United Kingdom, South Africa Seed, Series A Blockchain, Video Streaming, Information Technology $393k–$4.4M
FSD Africa
VC Fund
2 Kenya, South Africa, United States Grant, Seed Financial Services, Energy, FinTech $98k–$6M
Musha Ventures
VC Fund
2 United States, Nigeria, Kenya Seed, Pre-Seed, Series A Software, Financial Services, FinTech $125k–$10M
Goodwell Investments
VC Fund
2 Kenya, Nigeria, South Africa Series A, Series B FinTech, Financial Services, Software
Partech
VC Fund
2 United States, France, Germany Series A, Seed, Series B Software, E-Commerce, SaaS $1.1M–$55M
Kalon Venture Partners
VC Fund
2 South Africa, Luxembourg, United States Seed, Series A Apps, Internet, Software $570k–$7M
Enza Capital
VC Fund
2 Kenya, Nigeria, South Africa Seed, Series A Financial Services, Finance, E-Commerce $238k–$31M
4Di Capital
VC Fund
2 South Africa, United States, Kenya Seed, Series A, Pre-Seed Software, Financial Services, Mobile $441k–$47M
Norrsken22
VC Fund
2 South Africa, Egypt, Nigeria Seed, Series A, Series B Financial Services, Banking, Payments $2.4M–$55M
Quona Capital
VC Fund
2 India, Brazil, Indonesia Series A, Seed, Series B Financial Services, FinTech, Finance $2.4M–$87M
Two Culture Capital
VC Fund
1 United States, Mexico, India Seed, Series A, Pre-Seed FinTech, Financial Services, Information Technology $350k–$25M
Hlayisani Capital
VC Fund
1 South Africa, Mauritius Seed, Series A Software, Education, Information Technology
GalloProvincialis
VC Fund
1 South Africa, The Netherlands Seed Payments, Software, Logistics $1.5M–$1.9M
Boost VC
VC Fund
1 United States, Canada, United Kingdom Seed, Pre-Seed Software, Artificial Intelligence, Blockchain $100k–$6.6M
Fireball Capital
VC Fund
1 South Africa, United Kingdom Series A, Private Equity Email, Energy, Internet $5.7M–$40M
Skywell Capital Partners
VC Fund
1 Israel, United States, Canada Seed, Series A Artificial Intelligence, Software, Machine Learning $250k–$35M
Technology Innovation Agency
VC Fund
1 South Africa Grant, Seed, Pre-Seed Information Technology, Software, Health Care $22k–$1M
Velocity Capital Fintech Ventures
VC Fund
1 The Netherlands, United States, United Kingdom Series A, Series B, Seed FinTech, Financial Services, Payments $1.1M–$25M
Crossfin Technology
VC Fund
1 South Africa, Singapore, United States Seed, Series A Payments, Financial Services, FinTech
Crucis Venture Capital
VC Fund
1 South Africa Seed Payments, Financial Services
Circle
VC Fund
1 United States, United Kingdom, Singapore Seed, Grant Blockchain, Cryptocurrency, Financial Services $1.3M–$16M
Realm Digital
VC Fund
1 South Africa Seed Payments, Crowdfunding, Financial Services
Development Partners International
VC Fund
1 Egypt, Morocco, South Africa Private Equity, Series A Financial Services, Manufacturing, Retail $16M–$190M
Imvelo Ventures
VC Fund
1 South Africa Seed FinTech, Software, Financial Services $570k–$2M
TotalEnergies Ventures
VC Fund
1 United States, France, United Kingdom Series B, Series C Energy, Renewable Energy, Transportation $9.3M–$175M
Montegray Capital
VC Fund
1 South Africa Seed Bitcoin, FinTech, Ethereum
54 Collective
VC Fund
1 Kenya, Nigeria, South Africa Seed, Pre-Seed Health Care, Information Technology, FinTech $40k–$4M
Sequoia Capital
VC Fund
1 United States, China, India Series A, Series B, Series C Software, Information Technology, Artificial Intelligence $5.5M–$190M
Grindstone Ventures
VC Fund
1 South Africa Seed Payments, Software, Analytics
Bittrex Global
VC Fund
1 South Africa Series A Bitcoin, FinTech, Ethereum
NuState Capital
VC Fund
1 South Africa Seed, Series A Education, Software, SaaS
LeapFrog Investments
VC Fund
1 India, Nigeria, United Kingdom Private Equity, Series D Financial Services, Finance, Insurance $4.3M–$175M
10x Group
VC Fund
1 United States, Germany, Spain Seed, Series A, Series B Software, SaaS, Information Technology $849k–$42M
Investment One
VC Fund
1 South Africa Series A FinTech, Payments, Mobile Apps
Alameda Research
VC Fund
1 United States, Singapore, Switzerland Seed, Series A Blockchain, Cryptocurrency, Financial Services
Apis Partners
VC Fund
1 India, Singapore, South Africa Private Equity, Series B Financial Services, Payments, FinTech
EchoVC Partners
VC Fund
1 United States, Nigeria, Kenya Seed, Series A, Pre-Seed Information Technology, Software, E-Commerce
Zip
VC Fund
1 India, South Africa, Czech Republic Series C, Corporate Round FinTech, Payments, Mobile Payments
Kara Ventures
VC Fund
1 Kenya, South Africa Seed, Pre-Seed Payments, Software, Compliance
Access all 105 VC funds 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 · 3 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: 320
  • Round size: Seed $1.5M–$7.2M; Pre-Seed $508k–$2.6M; Series A $7.3M–$105M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Presta — Presta provides digital lending infrastructure for the banking industry. The company was founded in 2022 and is headquartered in Cleveland, Ohio.
  • Suma Wealth — SUMA is a revolutionary financial wellness company with the mission to engage, educate, and empower the Latinx community via a holistic approach of Digital Media, Experiences, and FinTech. By creating culturally relevant content, virtual experiences, and providing financial tools that demystify and reimagine financial wellness throughentertainment, we aim to become the trusted source to help Latinos own their economic power, overcome financial challenges, and better prepare for a more prosperous future.
  • Journey Live — Journey is shifting the way modern companies prioritize mental health. Our proactive, inclusive tools engage every employee, every day.
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 3 investments in South Africa Payments startups

Launch Africa is a leading Pan-African VC fund solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Fixit45 — Fixit45 also provides fleet management, auto parts sourcing and delivery, auto care, refurbishment and upgrades, repair financing, and mechanic workshop software as well as pre-purchase inspections, underlying these with moderation for compliance and accountability.
  • Gigmile — Gigmile provides financial services. They provide gig workers with core services and an affordable lease on productive assets that is tailored to their earnings to enable them to succeed in the mobility industry as entrepreneurs.
  • HomecomingEx — Homecoming Revolution is a pan-African recruitment firm for global African professionals. We specialise in headhunting & placing global African talent.
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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, Insurance
  • Stage:Seed, Series A
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • Pargo — Pargo is a convenient logistics solution that lets you collect and return parcels at Pargo parcel points throughout the country when it suits you best.
  • Synatic — Synatic is a unified platform that enables your business to integrate and automate systems and services without sacrificing enterprise features and security.
  • Peach Payments — Get Peach as your Payment Gateway and Grow your ecommerce. Process online payments with Visa, Mastercard, Debit Orders, EFT payments, and subscriptions. Plugins for Wix, Shopify, WooCommerce.
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Flourish Ventures
VC Fund · Redwood City, California, United States · 3 investments in South Africa Payments startups

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

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Investment focus

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

Investor stats

  • Total investments: 187
  • Round size: Seed $2M–$8.5M; Series A $5.2M–$35M; Series B $8.3M–$65M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

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

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

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Investment focus

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

Investor stats

  • Total investments: 59
  • Round size: Seed $1.9M–$8.5M; Series A $3.8M–$13M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely still investing — raised $150M in 2022

Portfolio highlights

  • Hub2.Io — Welcome to HUB2, the leading FINTECH startup in interoperability and payment infrastructure in Francophone Africa. We are proud to work with all financial industry players in Africa who need stable and high-performing infrastructure, and contribute to their success.
  • Talstack — Talstack is an all-in-one platform for employee growth and development
  • 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.
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CRE Venture Capital
VC Fund · New York, New York, United States · 3 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: 58
  • Round size: Seed $1.1M–$4M; Pre-Seed $250k–$3.3M; Series A $1.1M–$25M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Sabi Am — Sabi is Africa's largest B2B company, & we are digitising informal trade via our platform. We access markets hard to reach and ensure ease of distribution, & are the No 1 FCMG supplier in Africa.
  • Flood — Flood is a marketplace platforms that provides merchant solution, self services and big data solution.
  • Asoko Insight — The most comprehensive database of African private companies for due diligence and business development
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Speedinvest
VC Fund · Vienna, Wien, Austria · 2 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: 528
  • Round size: Seed $823k–$8M; Pre-Seed $549k–$3.8M; Series A $3.7M–$38M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $384M 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!
  • MinersAI — Unlock valuable insights from intricate geological data with Miners AI. Our AI-driven platform empowers exploration teams to make informed decisions and optimize mining operations.
  • Primer — Primer is the first open automation platform for payments, enabling you to build end-to-end payment flows with no code, and a checkout developers love.
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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, Series A
  • Geography: South Africa, United States, Kenya

Investor stats

  • Total investments: 44
  • Round size: Seed $57k–$4M; Series A $1.9M–$15M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • MPost — MPost means Mobile Post office.It enables any mobile phone user to have his or her phone act like a mobile post office. It allows you to make your mobile number be a formal postal address. With it, you get access to Postal Services through your mobile phone.
  • RecoMed — Find the best doctors and dentists. Search by location or by speciality, and find the right doctor for you.
  • AURA — A South African cloud-based security and safety startup .
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Allan Gray
VC Fund · Alfred, New York, United States · 2 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, Mobile Payments
  • Stage:Seed, Series A, Series C
  • Geography: South Africa, United States

Investor stats

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

Portfolio highlights

  • Mobiz — Supercharge your SMS marketing with dynamic, high-converting landing pages sent directly into the hands of your customers.
  • onafriq — MFS Africa is the largest mobile money inter-operability hub in Africa, which connects mobile network operators across the continent through a single API. In addition to mobile remittance services, the MFS Africa API enables merchant payment, bulk payment, bank-to-wallet transfers, and an array of other cross border digital payments services.
  • Sendmarc — Manage your organization's DMARC, SPF, and DKIM with world-class implementation services and support. All in one easy-to-use platform.
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RaliCap
VC Fund · San Francisco, California, United States · 2 investments in South Africa Payments startups

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

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Investment focus

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

Investor stats

  • Total investments: 57
  • Round size: Seed $1.4M–$8.3M; Pre-Seed $313k–$3.7M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Moffin — Moffin is an integration platform of KYC data providers that enables customers to collect and evaluate data. It can be used via API or no code.
  • Radar Treasury — Radar helps companies in Latin America to perform their bank transfers without human intervention. Radar created the first payouts to bank accounts API in Chile.
  • Revio — Subscription billing and payments made easy.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
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, Health Care, Pharmaceutical
  • Stage:Seed, Series A
  • Geography: South Africa, Ghana, Kenya

Investor stats

  • Total investments: 25
  • Round size: Seed $1M–$5.5M; Series A $3.6M–$27M
  • Lead/follow: 36% lead, 64% 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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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, Video Streaming, Information Technology
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, South Africa

Investor stats

  • Total investments: 14
  • Round size: Seed $393k–$4.4M
  • Lead/follow: 93% lead, 7% follow

Portfolio highlights

  • Libraro — Libraro operates on blockchain technology to modernise the book publishing sector.
  • Vaionex — Next Generation Blockchain Applications. We are building the infrastructure and services that will power the new internet and economic system.
  • Gate2Chain
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FSD Africa
VC Fund · Nairobi, Nairobi Area, Kenya · 2 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, FinTech
  • Stage:Grant, Seed
  • Geography: Kenya, South Africa, United States

Investor stats

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

Portfolio highlights

  • Miarakap — Miarakap is the first impact investment company dedicated to financing and supporting Small and Medium Enterprises with high potential in Madagascar.
  • Dhamana Guarantee — An East African focused credit guarantee company whose principal business is to guarantee local currency debt obligations in Kenya, Tanzania, Uganda and Rwanda.
  • Africa Renewables Katalyst — Africa Renewables Katalyst is an environmental firm that supports renewable energy projects.
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Musha Ventures
VC Fund · New York, New York, United States · 2 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: 140
  • Round size: Seed $125k–$4.9M; Pre-Seed $300k–$3.2M; Series A $2.5M–$10M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • nGrow.ai — Boost revenue and engagement
  • 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.
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
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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, Software
  • Stage:Series A, Series B
  • Geography: Kenya, Nigeria, South Africa

Investor stats

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

Portfolio highlights

  • MFS Africa — 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.
  • SOUK Farms — SOUK Farms is a fresh horticulture supply grower and exporter that pioneers innovation to improve agricultural sustainability and stimulate economic and social development.
  • Complete Farmer — We are providing cutting-edge technological farming protocols and innovations with a unique business model and logistics that are revolutionizing...
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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: 525
  • Round size: Seed $1.1M–$9M; Series A $4.2M–$30M; Series B $9M–$55M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Yampa — Discover yampa's autonomous AI agents and revolutionize your customer experience. Elevate your service with the most advanced AI technology.
  • Privitar — Informatica is an Enterprise Cloud Data Management leader that brings data to life by empowering businesses to realize the transformative power of their most critical assets.
  • Jaspersoft — Enterprise reporting platform for delivering pixel perfect reports. Build custom reports and dashboards in minutes.
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Kalon Venture Partners
VC Fund · Johannesburg, NA - South Africa, South Africa · 2 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: Apps, Internet, Software
  • Stage:Seed, Series A
  • Geography: South Africa, Luxembourg, United States

Investor stats

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

Portfolio highlights

  • Talk360 — Talk360 is an easy-to-use calling app that helps people make affordable international calls to any mobile and landline number. They believe that reliable communication and digital services must be affordable and accessible to everyone, regardless of someone's background. Especially people in emerging countries in Africa, who often need theseservices the most, do not always have the necessary banking possibilities. To bridge this distance, Talk360 will launch the world's first single checkout platform for Africa. This platform will combine all locally available payment methods and currencies across Africa, together with over 1.25 million cash points of sales, and will eventually be available to other companies as well. This means that 500 million Africans will be able to purchase digital services they never had access to before.
  • Sendmarc — Manage your organization's DMARC, SPF, and DKIM with world-class implementation services and support. All in one easy-to-use platform.
  • visionAI — Enhance factory efficiency with visionAI by using existing cameras to uncover inefficiencies and eliminate your production blindspots. Book a demo now!
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Enza Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 2 investments in South Africa Payments startups

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

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Investment focus

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

Investor stats

  • Total investments: 52
  • Round size: Seed $238k–$8M; Series A $3.6M–$31M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
  • Jumba — Jumba is the trusted digital partner for hardware stores. Through tech, we support hardware stores to grow. Get cement at unbeatable prices. Access cement LPOs even at midnight. Get inventory on credit through Jengwa.
  • Quro Medical — Quro Medical is an innovative digital health company pioneering premium hospital-at-home services.
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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 $441k–$7.3M; Pre-Seed $3M–$4M; Series A $2M–$47M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Lumkani — AFFORDABLE ALARM SYSTEMS & INSURANCE FOR YOUR HOME OR BUSINESS Whether you are in a township, informal settlement, or suburb, we have the right protection for you. AFFORDABLE ALARM SYSTEMS & INSURANCE FOR YOUR HOME OR BUSINESS Whether you are in a township, informal settlement, or suburb ...
  • Investsure — InvestSure is a technology company that uses its software to enable partner investment platforms to sell its unique Investment Indemnity (insurance) product to their clients. InvestSure provides a full set of APIs that trading platform developers can use to integrate the Investure Investment Indemnity product seamlessly and easily into theirwebsites and mobile applications. Once InvestSure technology is added to a trading platform, it enables users to buy insurance on their shares with a single click. The full process from buying to insurance to settling claims is fully automated.The Investment Indemnity product itself is a unique innovation; it is designed to protect to protect shareholders against any losses in share value caused by actual or perceived fraud committed by management. This enables investors to secure their investments. The cost of the product is low enough to not significantly reduce returns of investors where no insurance event occurs, but to provide significant downside protection where an insured event does occur.
  • CompariSure — Custom, built-for-purpose service and sales chatbot solutions for financial services providers.
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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: 19
  • Round size: Seed $2.4M–$5.8M; Series A $5M–$40M; Series B $6.8M–$55M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely still investing — raised $110M in 2022

Portfolio highlights

  • Nala — A new kind of mobile money transfer for Africans worldwide! Make safe, affordable, and reliable international payments to Kenya, Tanzania, and Uganda.
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
  • Smile ID — Smile ID provides the best onboarding, identity verification, and user authentication service for fast growing businesses and startups in Africa.
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Quona Capital
VC Fund · Washington, District of Columbia, United States · 2 investments in South Africa Payments startups

Quona Capital invests in fintech innovators that are advancing financial inclusion around the globe. Through our investments, Quona aims to deliver outstanding financial returns while making a lasting and positive impact on the world.

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Investment focus

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

Investor stats

  • Total investments: 183
  • Round size: Seed $2.4M–$10M; Series A $3.6M–$30M; Series B $8M–$87M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $332M in 2022

Portfolio highlights

  • Addi — Addi is a technology company that provides credit and banking solutions. Addi is headquartered in Bogota, Colombia.
  • Klar — Klar is a FinTech challenger bank that provides deposit and credit services for Mexican customers.Using the Klar card rewards users with cash of up to 4% cashback for each purchase, not points without confusing conversions or expiration dates. Clients can also send and receive payments and collections money instantly to Klar accounts and otherbanks. The Klar card is linked to an app where users can see all their movements in real-time.Stefan Moller, Daniel Autrique, Jeronimo Riefkohl, and Gianluigi Davassi established the company in Mexico City, Distrito Federal in 2018.
  • Tiaxa — TIAXA provides innovative financial services to people across the globe, with a particular focus on financial inclusion through mobile technology. Each day, Tiaxa provides more than 2 million Nano-Credits through users'​ mobile Operators in 14 countries including Argentina, Bangladesh, Cambodia, China, Colombia, Ecuador, Mexico, Peru, and thePhilippines.Tiaxa also provides the mobile telecommunications market with infrastructure, clearinghouse and revenue enhancement services, improving the efficiency with which the current prepaid user base is managed, and increasing revenues for Operators around the world, including China Telecom, Telefónica Movistar, America Móvil and Smart Communications.
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Two Culture Capital
VC Fund · Dublin, Dublin, Ireland · 1 investments in South Africa Payments startups

The art and science of entrepreneurship

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Investment focus

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

Investor stats

  • Total investments: 78
  • Round size: Seed $1.1M–$10M; Pre-Seed $350k–$7.9M; Series A $7M–$25M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • OnePipe — OnePipe aggregates APIs from banks and fintechs into a standardized gateway that is easy to integrate and makes partnerships seamless.
  • LGND — LGND is a technology business that specialises in AI-powered spatial data solutions.
  • Relativity Space — Building Humanity's Multi-Planetary Future
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Hlayisani Capital
VC Fund · Fourways, NA - South Africa, South Africa · 1 investments in South Africa Payments startups

Hlayisani Growth Fund is focussed on mid-market, high growth private equity investments focussed on South Africa with an allowance for Sub-Saharan Africa and East African countries.

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Investment focus

  • Industry: Software, Education, Information Technology
  • Stage:Seed, Series A
  • Geography: South Africa, Mauritius

Investor stats

  • Total investments: 13
  • Lead/follow: 62% lead, 38% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • GoMetro — Fleet management simplified with GoMetro. Integrate telematics, gain real-time visibility, and optimize operations with a secure, scalable platform,
  • Spatialedge — Empowering Businesses to Make the Right Data-driven Decisions. We specialise in building and operationalising cutting-edge analytical solutions that deliver business value through a suite of decision tools.
  • Tractor Outdoor — Specialising in connecting brands to consumers through its network of traditional OOH, digital advertising technology, transit networks and ambient platforms
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GalloProvincialis
VC Fund · 1 investments in South Africa Payments startups

GalloProvincialis

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Investment focus

  • Industry: Payments, Software, Logistics
  • Stage:Seed
  • Geography: South Africa, The Netherlands

Investor stats

  • Total investments: 3
  • Round size: Seed $1.5M–$1.9M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Maholla — Maholla is a consumer technology company focused on delivering value to millions of shoppers in Africa's emerging markets. Rewarding shoppers for any purchase from any store, Maholla is building a consumer rewards experience that is completely agnostic of any specific brand, retailer and payment mechanism.
  • Sticitt — Sticitt is a cashless payment platform. Sticitt services schools, lifestyle and golf estates, as well as events and is assisting one utility company to get clients to pay for water bills using its cashless payments system.
  • Tripplo — Tripplo is a platform to automate and optimise operations for transporters, cargo owners and cargo brokers.
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Boost VC
VC Fund · San Mateo, California, United States · 1 investments in South Africa Payments startups

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

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Investment focus

  • Industry: Software, Artificial Intelligence, Blockchain
  • Stage:Seed, Pre-Seed
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 243
  • Round size: Seed $406k–$6.6M; Pre-Seed $100k–$2.5M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely still investing — raised $100M in 2022

Portfolio highlights

  • Radiant — Clean. Portable. Safe. Energy
  • Rotostitch — Rotostitch is changing apparel manufacturing using proprietary technology and software. Its purpose is to enable on-demand, high-flexibility production that achieves sustainability goals while adapting at the speed of modern fashion.
  • Candlestick.io — Advanced crypto trading with smart money tracking and DeFi analytics
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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, Energy, Internet
  • Stage:Series A, Private Equity
  • Geography: South Africa, United Kingdom

Investor stats

  • Total investments: 7
  • Round size: Series A $5.7M–$40M
  • Lead/follow: 14% lead, 86% follow

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.
  • Contactable
  • Ukheshe Technologies — Ukheshe Technologies is a technology company with a single API to integrate our fully digital financial services, including wallets, payment innovations and card issuing.
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Skywell Capital Partners
VC Fund · Nicosia, Nicosia, Cyprus · 1 investments in South Africa Payments startups

Skywell Capital Partners is a multi-stage venture capital firm that invests in entrepreneurs with visionary ideas around the globe. We are looking for entrepreneurs who are building ground-breaking and sustainable businesses that are going to change the world.

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Investment focus

  • Industry: Artificial Intelligence, Software, Machine Learning
  • Stage:Seed, Series A
  • Geography: Israel, United States, Canada

Investor stats

  • Total investments: 10
  • Round size: Seed $250k–$35M; Series A $13M–$25M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Lendai — US mortgage financing designed for foreign investors. Simple, fast, and fully online US property loans for global investors.
  • Sedric — Sedric is a compliance excellence platform for next-gen fintech companies. With AI-based real-time monitoring, detection and analysis of all customer interactions, Sedric ensures customer protection, minimizes risks, and expedites business growth. Sedric empowers compliance teams to quickly apply new laws and regulations across their growingbusinesses and enables them to focus on the events with the highest dollar value across all channels: voice, chat, email, social, and more.
  • PicUP — PicUP is an AI-powered optimization and personalization platform for outbound sales and customer service calls
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Technology Innovation Agency
VC Fund · Pretoria, NA - South Africa, South Africa · 1 investments in South Africa Payments startups

WELCOME TO TIA Innovating Tomorrow Together TIA is a national public entity that serves as the key institutional intervention to bridge the innovation chasm between research and development from higher education institutions, science councils, public entities, and private sector, and commercialisation. Who we are TIA Invitation for Call for Expression to Join External Expert Database

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Investment focus

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

Investor stats

  • Total investments: 14
  • Round size: Seed $46k–$336k; Grant $22k–$1M; Pre-Seed $39k–$50k
  • Lead/follow: 93% lead, 7% 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.
  • Ownedby Technologies — Ownedby is an interactive asset management solution for business and household assets, focused on appliances and devices, giving these unique identity that is traceable online, yet linked to and controlled by owners.
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Velocity Capital Fintech Ventures
VC Fund · Driebergen, Utrecht, The Netherlands · 1 investments in South Africa Payments startups

We are a venture capital firm that invests in fintech companies with unstoppable founders. We provide early stage (no seed) capital funding.

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Investment focus

  • Industry: FinTech, Financial Services, Payments
  • Stage:Series A, Series B, Seed
  • Geography: The Netherlands, United States, United Kingdom

Investor stats

  • Total investments: 27
  • Round size: Seed $1.1M–$1.2M; Series A $3M–$16M; Series B $5.5M–$25M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: May invest from a new fund soon — raised $123M in 2019

Portfolio highlights

  • Yoco — Save time, money and guesswork. Yoco helps 200,000+ SA businesses run point of sale, take payments and access flexible business funding from one account.
  • Gotrade — Buy U.S. stocks with Gotrade! Investing is now easier, safer, and hassle-free. Access stocks like Google, Apple, Netflix, and more.
  • The Social Handshake — With Payroll Giving you make it easier and more financially attractive for your employees to give to charity. Directly from their salary.
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Crossfin Technology
VC Fund · Cape Town, NA - South Africa, South Africa · 1 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, Financial Services, FinTech
  • Stage:Seed, Series A
  • Geography: South Africa, Singapore, United States

Investor stats

  • Total investments: 18
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Atura — Automated support that helps financial services do better business
  • My-iMali — My-iMali is a mobile wallet solution used for safe and secure transactions. Pay any number of people for only R1.25, including Staff & Students.
  • Retail Capital — In January 2011, Retail Capital was established to provide businesses with an accessible, flexible and convenient alternative to traditional business loans. In a survey sent to over 20,000 businesses, access to working capital and cash flow was identified as the single biggest challenge that they faced. As small to medium sized business contributeover 65% of South Africa’s employment and 50% of the country’s GDP, this is a very significant problem for the South African economy, inhibiting job creation and growth.
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Crucis Venture Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in South Africa Payments startups

Crucis Venture Capital

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Investment focus

  • Industry: Payments, Financial Services
  • Stage:Seed
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • Sticitt — Sticitt is a cashless payment platform. Sticitt services schools, lifestyle and golf estates, as well as events and is assisting one utility company to get clients to pay for water bills using its cashless payments system.
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Circle
VC Fund · Boston, Massachusetts, United States · 1 investments in South Africa Payments startups

Circle helps businesses and developers harness the power of digital dollar stablecoins for payments and internet commerce worldwide. Learn more today!

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Investment focus

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

Investor stats

  • Total investments: 68
  • Round size: Seed $1.3M–$16M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • AIxCrypto — Qualigen is a biotechnology company focused on the development and commercialization of novel therapeutic products for the treatment of cancer and infectious diseases, as well as the expansion of its flagship FastPack® diagnostic platform.
  • Kado — Payments infrastructure for web3. Building solutions for simpler access to and utility for stablecoins.
  • Blockradar — Blockradar helps fintechs offer stablecoin wallets and payments through simple APIs without needing deep blockchain knowledge.
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Realm Digital
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in South Africa Payments startups

Realm Digital is a digital strategy and software development company in Cape Town. We specialise in digital solutions with a focus on custom development.

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Investment focus

  • Industry: Payments, Crowdfunding, Financial Services
  • Stage:Seed
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • Sticitt — Sticitt is a cashless payment platform. Sticitt services schools, lifestyle and golf estates, as well as events and is assisting one utility company to get clients to pay for water bills using its cashless payments system.
  • YueDiligence — YueDiligence - the all-in-one web-based solution empowering entrepreneurs and investors to make data-driven decisions for unparalleled success.
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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: 37
  • Round size: Series A $16M–$40M; Private Equity $30M–$190M
  • Lead/follow: 62% lead, 38% follow
  • Last fund: May invest from a new fund soon — raised $1.2B in 2018

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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Imvelo Ventures
VC Fund · Sandown, NA - South Africa, South Africa · 1 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: FinTech, Software, Financial Services
  • Stage:Seed
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • BancX — bancX is a modular, as-a-service platform for banks, fintechs, lenders, and retailers to build or extend their offering to meet market demand.
  • Lipa Payments — Lipa Payments is a payment software solution that allows businesses to perform transactions using NFC. We remove the need for additional payment hardware.
  • The Cape Town Stock Exchange — The Cape Town Stock Exchange is a south Africa’s stock exchange for small- and medium-sized businesses.
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TotalEnergies Ventures
VC Fund · La Défense, Ile-de-France, France · 1 investments in South Africa Payments startups

TotalEnergies Ventures is the venture capital arm of Total.As part of Total's commitment to a better energy future, TotalEnergies Ventures is focused on finding, funding and fostering high-potential start-ups which will contribute to creating a low carbon future.Current areas of interest include Renewables, Distributed Energy, NewMobility, Energy Access, Energy Storage, Bio-Plastics, Circular Economy, Carbon Capture and Hydrogen.

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Investment focus

  • Industry: Energy, Renewable Energy, Transportation
  • Stage:Series B, Series C
  • Geography: United States, France, United Kingdom

Investor stats

  • Total investments: 93
  • Round size: Series B $9.3M–$175M; Series C $12M–$65M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Autogrid — AutoGrid Systems organizes energy data and employs big data analytics to generate real-time predictions that create actionable data.The company’s suite of flexibility management applications allows utilities, electricity retailers, renewable energy project developers and energy service providers to deliver cheap, clean and reliable energy bymanaging networked distributed energy resources (DERs) in real time and at scale. AutoGrid applications utilize petabytes of smart meter, sensor and third-party data, along with powerful data science and high-performance computing algorithms, to monitor, predict, optimize and control the operations of millions of assets connected across global energy networks.Established at Stanford University in 2011, they have assembled a team of world-class software architects, electrical and computer engineers, data scientists and energy experts who apply cutting-edge analytics and in-depth energy data science to solve the world’s most critical energy problems.
  • 45-8 ENERGY — 45-8 ENERGY is exploring eco-friendly helium for uses in many industries.
  • Ampersand — Ampersand catalyzes and power mass-market electric mobility. By supplying the battery swap network and operating system the company makes sustainable mobility rapidly accessible and affordable for developing markets, to improve livelihoods and the environment. With over a million km already covered by e-motorcycles in Africa using our plug-and-playpowertrain and energy network.
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Montegray Capital
VC Fund · 1 investments in South Africa Payments startups

Investment focus

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

Investor stats

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

Portfolio highlights

  • VALR — Buy and sell bitcoin, ethereum & more | Pay anyone for free with VALR Pay
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54 Collective
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa 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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Sequoia Capital
VC Fund · Menlo Park, California, United States · 1 investments in South Africa Payments startups

We help the daring build We help the daring build legendary companies from idea to IPO and beyond. companies.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Series B, Series C
  • Geography: United States, China, India

Investor stats

  • Total investments: 1688
  • Round size: Series A $5.5M–$45M; Series B $10M–$100M; Series C $12M–$190M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $65M in 2018

Portfolio highlights

  • Skai — Skai is an AI-powered platform that offers consumer and market insights, strategic planning, omnichannel media activation, testing, and measurement services to brands and retailers.It is the go-to-market engine that enables smarter decisions and better outcomes with actionable intelligence in making customer connections. The platform includes asuite of data-driven products for market intelligence, omnichannel media activation, testing, and measurement, enabling brands and agencies to make predictions, improve strategic planning and drive growth on the most important customer channels. Skai’s machine-learning algorithms and proprietary NLP enable companies to listen, predict and keep pace with the consumer journey. The company is on a mission to empower businesses with data they can trust, insights they can use, and the impact they can measure.It was founded in Tel Aviv, Tel Aviv, Israel in 2006 by Yoav Izhar-Prato, Nir Cohen, Amos Talmor, and Alon Sheafer. Operating in 15 international locations and backed by Sequoia Capital, Arts Alliance, Tenaya Capital, and Bain Capital Ventures, Skai™ generates over $350 billion in annualized revenue for the world’s top brands.
  • Sourcepulse — Sourcepulse is the internal status page for software delivery, alerting teams before costly delays. We collect anonymous feedback from project members to identify exactly what to fix, just like how Sentry captures system details for production errors.
  • Observable — Observable provides a data visualization platform for developers, data scientists, journalists, and educators to explore, analyze, and visualize data on the web together. It enables users to create complex graphs, charts, and other visual representations of data. The platform empowers creators to further their learning through data visualizationand gain deep insights. The company is helping organizations make decisions with data, including teams at Stitch Fix and classes at MIT that are working in Observable every day.
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Grindstone Ventures
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa Payments startups

Grindstone is a structured entrepreneurship development programme that assists high-growth innovation-driven companies to get the fundamental building blocks in place to scale quickly and become sustainable and fundable.

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Investment focus

  • Industry: Payments, Software, Analytics
  • Stage:Seed
  • Geography: South Africa

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Locstat — Locstat is a unique and first of its kind Graph Analytics Platform, with customer driven industry and point solutions, incorporating Graph-based AI, Analytics and Event Processing, that enables organisations to rapidly scale next generation data intelligence solutions.
  • Sticitt — Sticitt is a cashless payment platform. Sticitt services schools, lifestyle and golf estates, as well as events and is assisting one utility company to get clients to pay for water bills using its cashless payments system.
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Bittrex Global
VC Fund · Vaduz, Vaduz, Liechtenstein · 1 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:Series A
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • VALR — Buy and sell bitcoin, ethereum & more | Pay anyone for free with VALR Pay
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NuState Capital
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investments in South Africa Payments startups

NuState Capital as private equity investor is to generate attractive returns through positive social transformation.

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Investment focus

  • Industry: Education, Software, SaaS
  • Stage:Seed, Series A
  • Geography: South Africa

Investor stats

  • Total investments: 5
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Sticitt — Sticitt is a cashless payment platform. Sticitt services schools, lifestyle and golf estates, as well as events and is assisting one utility company to get clients to pay for water bills using its cashless payments system.
  • d6 — SCHOOLS Schools Communication Platforms and School Management Software COMMUNITIES Community & Internal Business Communication Platforms MEDIA Let your brand be seen Advertise on
  • Principal Software(d6 education) — d6 is a school management software application that helps you manage your school's curriculum, administration, communication and finance.
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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 D
  • Geography: India, Nigeria, United Kingdom

Investor stats

  • Total investments: 70
  • Round size: Series D $4.3M–$175M; Private Equity $9.3M–$110M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • ReNew — ReNew(NASDAQ: RNW),a global renewable company offering clean & green energy with a portfolio of 13.7 GW including Wind, Solar, Hybrid & Hydro Power.
  • Neogrowth — Best loan offer for your small business. Apply for Collateral Free Business Loan online & get instant loan disbursal. For more details call us at 18004195565.
  • Battery Smart — Battery Smart provides advanced Li-ion batteries to e-rickshaws. Battery Smart develops a retrofittable 48V Li-ion twin battery system that is compatible with all major electric rickshaw (e3w) models.
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10x Group
VC Fund · Munich, Bayern, Germany · 1 investments in South Africa Payments startups

10x Group is a group of serial entrepreneurs and founders investing in founders of digital start-ups in Europe and Silicon Valley.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, Germany, Spain

Investor stats

  • Total investments: 96
  • Round size: Seed $849k–$5.7M; Series A $2.8M–$25M; Series B $3.3M–$42M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • LÜK Network — LÜK is a talent marketplace for the fashion and entertainment industries (models, photographers, stylists, hair and makeup artists, etc.). LÜK has assembled the top talent agencies into one location for clients to easily book talent for photo/video shoots. Think Expedia, but for professional talent. Now, LÜK is becoming the payments platformfor the entire industry. Currently, it takes talent agencies 60-150 days to get paid. LÜK is factoring the receivables of the 150 talent agencies in their network to get them paid out same day.
  • enmacc — enmacc, the OTC energy trading platform, offers innovative solutions for efficient trading of energy commodities in today's dynamic market.
  • Customs4trade (C4T) — Customs4trade simplifies Global Customs Management and Trade Compliance with a user-friendly software solution, CAS, which offers end-to-end automation.
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Investment One
VC Fund · Lagos, Lagos, Nigeria · 1 investments in South Africa Payments startups

Investment One is a financial firm that provides fund management, stockbroking, venture capital, pension and consulting services.

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Investment focus

  • Industry: FinTech, Payments, Mobile Apps
  • Stage:Series A
  • Geography: South Africa

Investor stats

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

Portfolio highlights

  • PayCode Inc — Paycode - Financial Inclusion. We are a B2B technology provider with a unique digital payments platform, providing Last Mile solutions to the unbanked and undeserved.
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Alameda Research
VC Fund · Central and Western, Hong Kong Island, Hong Kong · 1 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, Series A
  • Geography: United States, Singapore, Switzerland

Investor stats

  • Total investments: 208
  • Lead/follow: no public data

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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Apis Partners
VC Fund · London, England, United Kingdom · 1 investments in South Africa Payments startups, 6 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, Payments, FinTech
  • Stage:Private Equity, Series B
  • Geography: India, Singapore, South Africa

Investor stats

  • Total investments: 49
  • Lead/follow: no public data

Portfolio highlights

  • Xoxoday — Loyalty program is crucial for big companies. We can help you engage and reward your customers online, discover our loyalty programs
  • Thunes — bn Mobile and Stablecoin Wallets, Bank Accounts and Cards 0 Countries 0 Fiat and Stablecoin Currencies 0 Payment Methods 0 + Licences Unlock superior cross-border payments. Connect to our network and enable your customers to send instant payments to 120 mobile wallet brands and 3 billion mobile wallet accounts worldwide. Pay-to-Banks Enable reliable real-time payments
  • RenewBuy — Simplest way to renew your car insurance. Get quote and insure your car in couple of minutes - no pesky calls/ salesmen...And avail best deals too..
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EchoVC Partners
VC Fund · Lagos, Lagos, Nigeria · 1 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: Information Technology, Software, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 49
  • Lead/follow: no public data

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.
  • Snowstorm — Official site of the Snowstorm Network
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Zip
VC Fund · Sydney, New South Wales, Australia · 1 investments in South Africa Payments startups

Zip is an online payments technology provider that offers consumers credit options for online shopping. The company was founded in 2013 by Larry Diamond, Niamh Mc Enaney, and Peter Gray and is headquartered in Sydney, New South Wales, Australia.

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Investment focus

  • Industry: FinTech, Payments, Mobile Payments
  • Stage:Series C, Corporate Round
  • Geography: India, South Africa, Czech Republic

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • Payflex — Payflex is an online payment product that enables shoppers to shop now and pay in 4 equal installments.
  • ZestMoney — Enjoy the convenience of shopping for electronic gadgets, fashion, travel, education on EMI without credit card. No debit card or credit score required!
  • 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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Kara Ventures
VC Fund · Paris, Ile-de-France, France · 1 investments in South Africa Payments startups

Kara Ventures is a passionate tech angels who decided to embark on a learning expedition.

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Investment focus

  • Industry: Payments, Software, Compliance
  • Stage:Seed, Pre-Seed
  • Geography: Kenya, South Africa

Investor stats

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

Portfolio highlights

  • Workpay — Looking for the best payroll software in Kenya? Workpay provides the best payroll software and hr software for your business in Kenya, Nigeria and for Africa
  • Orca Fraud — Orca empowers fraud fighters with effective tools to combat fraud
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Payments VC funding in South Africa at a glance

Stats across 81 deals from 105 investors.

105
investors
in South Africa Payments startups
81
deals
in South Africa Payments startups
$2.8M
median round
in South Africa Payments startups
47%
lead investors
lead at least one round
15%
Seed
most common funding stage

Access all 105 VC funds in South Africa Payments startups.

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