# Africa Venture Labs

> Africa Venture Labs is a VC fund backing Financial Services and FinTech. See 16 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Douala, Cameroon
- Total investments: 16
- Last investment: Jul 2025
- Lead investor: 56%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/africa-venture-lab
- Website: https://africaventurelabs.com
- Facebook: https://www.facebook.com/africaventurelab/

Africa Venture Labs is a VC fund in Douala focused on Financial Services and FinTech. AfricaVentureLabs partners with visionary entrepreneurs building the next generation of fintech and healthtech solutions across Africa, driving financial inclusion and healthcare accessibility.

## Contacts

5 contacts available for Africa Venture Labs. Shizune tracks 3 team members at Africa Venture Labs. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/africa-venture-labs?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $500k–$3M |
| Pre-Seed | $200k–$2.5M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 7 | 44% |
| FinTech | 5 | 31% |
| Mobile Payments | 5 | 31% |
| Payments | 4 | 25% |
| Health Care | 4 | 25% |

27 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 10 | 63% |
| Pre-Seed | 5 | 31% |
| Series A | 1 | 6% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Cameroon | 9 | 56% |
| Nigeria | 2 | 13% |
| United States | 2 | 13% |
| Canada | 1 | 6% |
| Germany | 1 | 6% |

6 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Diane Ntoko | Buisiness Development Manager | 0 | https://shizune.co/investors/profile/diane-ntoko |
| Olivier Weladji | Data Analyst | 0 | https://shizune.co/investors/profile/olivier-weladji |
| Yannick Rostand Kounga Taptue | CEO | 0 | https://shizune.co/investors/profile/yannick-rostand-kounga-taptue |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Monetbil | Monetbil is an IT company that provides secure solutions to optimize e-commerce payment processes for users. | $500K | Pre-Seed | Jul 01, 2025 |  |
| Smobilpay | Smobilpay is a payment solutions platform connected to a network of third-party collector companies such as banks. | $500K | Pre-Seed | Jun 03, 2025 |  |
| DOHONE SA | DOHONE est le carrefour des portemonnaies électroniques qui donne une vie à votre argent, et qui vous accompagne partout. | $1M | Seed | May 06, 2025 |  |
| CamPay | We help online businesses in Cameroon to accept payments online. Starting with Mobile Money (MTN and Orange) | $500K | Seed | Mar 04, 2025 |  |
| Noupia | Create and Recharge your virtual Debit card Instantly from Mobile Money. Pay for your NETFLIX movies, Facebook/Instagram Ads, Shop online, Connect to your PayPal, Apple Pay, Google Pay and more. | $500K | Seed | Feb 03, 2025 |  |
| Afrikpay | Afrikpay is a payment platform that offers PayPal top-up, bills, subscription, and tax payment services. | $1M | Seed | Jan 06, 2025 |  |
| Koree | Launched in September 2022, the app has completed nearly 20,000 orders, has over 40 partner brands on board and accumulated over 5000 users till date. Koree lets merchants return consumers' spare change in their wallet directly at the till, to tackle the spare change issue. Cashback is an easy way for consumers to earn cash. They shop asusual and earn a certain percentage of the amount they have spent. What customers save in their Koree wallet is hard cash that can be utilized as per their own discretion in the stores they have collected it from. Koree is the only app that lets customers earn cashback on top of any payment method: cash, mobile money or bank cards! | $200K | Pre-Seed | Dec 25, 2023 |  |
| Waspito | Waspito is a healthcare platform and app that offers services like online consultation, medicine delivery, specialist doctors, and others. | $2.5M | Seed | Nov 22, 2023 |  |
| Ubenwa Health | Ubenwa is a Montreal-based startup building the future of automated sound-based medical diagnostics by leveraging cutting-edge AI research. We have developed the first technology for rapid detection of neurological and respiratory conditions in infants using only their cry sounds. We are a team of award-winning scientists, engineers and medicalprofessionals. Our technology is based on years of scientific research in close collaboration with Mila - the Québec AI Institute and the McGill University Health Center. Ubenwa’s technology has applications in primary health care, clinical trials, and in guiding neurodevelopmental care. | $2.5M | Pre-Seed | Jul 25, 2022 |  |
| Healthtracka | Healthtracka is a digital health platform that allows consumer direct access to lab tests bookings, at-home sample collection and digital results in 1-3days | $1.5M | Seed | Jun 21, 2022 |  |

10 of 16 investments shown.

## Co-investors
- [AAIC Investment](https://shizune.co/investors/profile/asia-africa-investment-consulting) — VC Fund, 2 deals together
- [4DX Ventures](https://shizune.co/investors/profile/4dx-ventures) — VC Fund, 1 deal together
- [AIX Ventures](https://shizune.co/investors/profile/aix-ventures) — VC Fund, 1 deal together
- [Axion Ventures Inc.](https://shizune.co/investors/profile/axion-pacific-capital) — VC Fund, 1 deal together
- [Flutterwave](https://shizune.co/investors/profile/flutterwave) — VC Fund, 1 deal together
- [Health54](https://shizune.co/investors/profile/health54) — VC Fund, 1 deal together

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## FAQ

### What does Africa Venture Labs invest in?

Africa Venture Labs invests primarily in Financial Services, FinTech and Mobile Payments startups, most often at Seed and Pre-Seed stage. Most of the 16 investments tracked by Shizune back companies in Cameroon. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Africa Venture Labs's check size?

Africa Venture Labs typically joins rounds of $500k–$3M at Seed and $200k–$2.5M at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Africa Venture Labs participates in.

### How do I contact Africa Venture Labs?

Public channels for Africa Venture Labs include LinkedIn, the website linked on this profile and Facebook. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Africa Venture Labs?

The team at Africa Venture Labs includes Diane Ntoko (Buisiness Development Manager), Olivier Weladji (Data Analyst) and Yannick Rostand Kounga Taptue (CEO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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