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Top 10 Payments VC Funds & Investors in Zambia (July 2026)

The most active venture capital funds 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 $250k–$33M
Ventures Platform
VC Fund
2 Nigeria, United States, Kenya Seed, Pre-Seed Financial Services, FinTech, Internet $100k–$4.4M
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
The Todd & Rahul Angel Fund
VC Fund
2 United States, Zambia, Nigeria Seed, Series A, Pre-Seed Information Technology, Software, E-Commerce $500k–$30M
Earl Grey Capital
VC Fund
1 United States, India, Canada Seed, Pre-Seed, Series A Information Technology, SaaS, Software $1.5M–$15M
Not Boring Capital
VC Fund
1 United States, Canada, Zambia Seed, Pre-Seed, Series A Software, FinTech, Cryptocurrency $400k–$32M
Tiger Global Management
VC Fund
1 United States, India, China Series B, Series A, Series C Software, FinTech, Financial Services $6.5M–$260M
Zrosk Investment Management
VC Fund
1 Nigeria, United Kingdom, Canada Series A, Pre-Seed, Seed FinTech, Financial Services, Payments
Blockchain Founders Fund
VC Fund
1 United States, United Kingdom, Singapore Seed, Pre-Seed Blockchain, Cryptocurrency, FinTech $460k–$6M
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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: 11
  • Round size: Seed $3M–$12M; Pre-Seed $250k–$4.5M; Series A $20M–$33M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Carry — Ocho is everything you need to build wealth as a business owner.
  • Qene Games — Qene Games is an award-winning software development firm operating from Addis Abeba, Ethiopia. Founded in 2017, the company has been focused on developing and publishing video games while providing game development outsourcing, game art outsourcing, and other software development services.
  • Hone Health — Hone Health provides telehealth services that support hormone health and longevity, including testosterone replacement therapy (TRT)
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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: 148
  • Round size: Seed $325k–$4.4M; Pre-Seed $100k–$3M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Brass — Get started with a modern current account
  • MarketForce — MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.
  • ThankUCash — ThankUCash is a technology company powering rewards and loyalty for African banks and businesses. ThankUCash helps merchants grow revenue by connecting them to customers within and outside of their locations while retaining acquired customers using a data analytics-powered reward system where customers earn cash rewards for every transaction madeboth offline and online.
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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: 150
  • Round size: Seed $1M–$10M; Series A $1.5M–$15M; Series B $2.5M–$20M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: May invest from a new fund soon — raised $69M in 2020

Portfolio highlights

  • Spectrm — charles is the Conversational Marketing AI and CRM platform for brands to attract, convert, and retain customers via AI agents and marketing automations.
  • Qu & Co — Enabled by Nobel Prize-winning technology and a full-stack approach, Pasqal delivers cutting-edge quantum solutions worldwide
  • Lace Lithography — Lace is building the patterning technology that will power the next 100 years of semiconductor manufacturing.
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The Todd & Rahul Angel Fund
VC Fund · San Francisco, California, United States · 2 investments in Zambia Payments startups

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

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Investment focus

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

Investor stats

  • Total investments: 18
  • Round size: Seed $3M–$30M; Pre-Seed $500k–$3.8M; Series A $6M–$21M
  • Lead/follow: 6% lead, 94% follow
  • Last fund: May invest from a new fund soon — raised $24M in 2021

Portfolio highlights

  • Loyal — Loyal is a clinical-stage veterinary medicine company working on giving dogs longer, healthier lives.
  • Vulture Labs — Vulture Labs, Inc. is a deep-tech company founded in July 2025 to close the critical data gap between digital "systems of record" and the physical "system of work." The company's flagship platform, Vulture Vision, is a Spatial Operations Intelligence system that transforms a client's existing CCTV infrastructure into aproactive, queryable asset. Through a single, on-premise edge appliance that processes all video locally, the platform creates a real-time, 3D understanding of an environment, enabling users to perform natural language searches, receive predictive alerts, and generate reports on operational trends. This approach eliminates the need for new cameras or sensors while guaranteeing absolute data sovereignty, a critical requirement for its target enterprise verticals in manufacturing, logistics, and retail. Vulture Labs is a Delaware C-Corporation headquartered in San Francisco.
  • TRIC Robotics — TRIC Robotics develops an autonomous, non-chemical pesticide alternative for strawberry farms. The company was founded in 2017 and is headquartered in Newark, DE.
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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: Information Technology, SaaS, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Canada

Investor stats

  • Total investments: 18
  • Round size: Seed $2.2M–$15M; Pre-Seed $1.5M–$5M; Series A $12M–$12M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • 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.
  • The Clearing Company — The Clearing Company is an on-chain prediction market that aims to build an on-chain, permissionless prediction market that is compliant with regulatory standards and friendly to retail users.
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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: 38
  • 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

  • Daylight — Anode Labs is leveraging web3 infrastructure to build the world's largest virtual power plant.
  • Somos Internet — Somos Internet is a network and telecommunications startup that provides latest generation internet with a fast, secure, stable connection. The company was founded in 2018 and is headquartered in Medellín, Antioquia, Colombia.
  • 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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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: 903
  • Round size: Series A $6.5M–$50M; Series B $17M–$130M; Series C $26M–$260M
  • Lead/follow: 56% lead, 44% 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.
  • MoonPay — MoonPay offers a fast and simple way to buy and sell cryptocurrencies. Buy crypto with credit card, bank transfers or Apple Pay today.
  • 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.
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Zrosk Investment Management
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Zambia Payments startups

Zrosk Investment Management is an investment firm that invests in early-stage startups. We invest across the pre-seed to series A spectrum. We typically target at least 10% ownership in businesses we invest in and tend to maintain that position until series A providing much-needed early follow-on capital for our portfolio companies. Our commitmentis to provide more than just capital and to be one of the most prominent value-added investors on a company's cap table.

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Investment focus

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

Investor stats

  • Total investments: 10
  • Lead/follow: no public data

Portfolio highlights

  • Pade HCM — Hire, manage and pay your global team Hire anyone in Africa and automate onboarding, team management, payroll, compliance and much more.
  • trac — We empower independent artists with the tools needed to launch & grow their career.
  • Kunda Kids — Kunda Kids is helping kids around the world fall in love with reading through our storybooks and activity books. Browse our range of storybooks for kids. Perfect for kids ages 3 to 8 years
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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: 246
  • Round size: Seed $550k–$6M; Pre-Seed $460k–$2.5M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: Likely still investing — raised $75M in 2022

Portfolio highlights

  • Coverio — Coverio is a software company that offers enterprise-wide payroll and hiring management software for web4 companies.
  • 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.
  • Uniblock — Uniblock helps connect developers with Web3 using our APIs and services. Our developers use Uniblock because of how easy it is to integrate into exciting applications. Try it for free today!
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Payments VC funding in Zambia at a glance

Stats across 9 deals from 18 investors.

18
investors
in Zambia Payments startups
9
deals
in Zambia Payments startups
$1.7M
median round
in Zambia Payments startups
28%
lead investors
lead at least one round
44%
Seed
most common funding stage

Access all 18 VC funds in Zambia Payments startups.

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