# AXIAN

> AXIAN is a VC fund in Antananarivo backing Financial Services and FinTech. See 12 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Antananarivo, Madagascar
- Total investments: 12
- Last investment: Jun 2026
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/axian-group/
- X (Twitter): https://twitter.com/AxianGroup
- Website: https://www.axian-group.com/
- Facebook: https://www.facebook.com/axiangroup

AXIAN is a pan-African group that specializes in real estate, telecom, financial services, energy, and innovation.

## Contacts

5 contacts available for AXIAN. Shizune tracks 1 team members at AXIAN. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/axian-fb5f?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1M–$12M |
| Series A | $5M–$14M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 5 | 42% |
| FinTech | 2 | 17% |
| Payments | 2 | 17% |
| Health Care | 2 | 17% |
| SaaS | 1 | 8% |

21 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 6 | 50% |
| Series A | 4 | 33% |
| Venture - Series Unknown | 2 | 17% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Egypt | 2 | 17% |
| Kenya | 2 | 17% |
| Mauritius | 2 | 17% |
| Mali | 1 | 8% |
| Canada | 1 | 8% |

8 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Hassanein Hiridjee | CEO | 2 | https://shizune.co/investors/profile/hassanein-hiridjee |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| WeLight | WeLight deploys sustainable and accessible solutions to accelerate energy inclusion in rural areas of Africa. | $30.6M | Venture - Series Unknown | Jun 24, 2026 |  |
| PayTic | PayTic enables payments issuers to manage their card programs by providing dedicated back-office solutions that streamline the end-to-end operations in customer support, chargebacks, fraud, AML, reporting, and reconciliation. Our proprietary solutions are unique in automating and centralizing the program management processes, regardless of thenumber of processors and the payment networks involved in the payments products. We impact payments providers by eliminating the defragmented and manual processes and replacing them with a SaaS platform that increases proactivity, mitigates risks, and delivers value. It reduces the burn rate to near 0 in operational costs and offers an unprecedented competitive advantage. PayTic is introducing the Zero Ops model in managing payments. | $4M | Seed | Apr 08, 2025 |  |
| Hub2.Io | B2B solution for e-merchant in WEST AFRICA, that allows payment trough Mobile Banking, Credit Card. | $8.5M | Series A | Dec 02, 2024 |  |
| Workpay | Workpay is a Payroll, Benefits, Compliance software company with embedded finance for local and remote teams in Africa. We empower teams to hire local and remote teams across Africa while staying compliant and without the hustle of having local entities. | $5M | Series A | Aug 22, 2024 |  |
| i'SUPPLY | Isupply engages in the field of pharma distribution and healthcare. | $1M | Seed | Jun 11, 2024 |  |
| Bosta | Bosta provides an on-demand courier app with a B2C focus, allowing users to send parcels to their customers. The platform connects its users to couriers and allows them to monitor the status of the delivery of the package. Bosta was founded in 2017 and is headquartered in Cairo, Al Qahirah, Egypt. |  | Venture - Series Unknown | Jan 15, 2024 |  |
| Dawa Mkononi | We are a pharmaceutical company dedicated to improving access to medicine in East & Central Africa. We mainly focus on data-driven healthcare solutions that increase access and quality of information as well as facilitate safe, effective, and sustainable pharmaceutical supply chains across the industry. Our mission is to increase access tohigh-quality medicines, services, and information via technology solutions that improve affordability, health outcomes, and ease of use. |  | Seed | Jan 12, 2024 |  |
| Workpay | Workpay is a Payroll, Benefits, Compliance software company with embedded finance for local and remote teams in Africa. We empower teams to hire local and remote teams across Africa while staying compliant and without the hustle of having local entities. | $2.7M | Seed | Feb 21, 2023 |  |
| Djamo | Djamo is a Provider of financial applications to allow customers to use their cards with zero fees in a wide range of services. | $14M | Series A | Nov 23, 2022 |  |
| Zazuu | Zazuu is a platform for sending money across the border. | $2M | Seed | Jul 13, 2022 |  |

10 of 12 investments shown.

## Co-investors
- [Launch Africa](https://shizune.co/investors/profile/launch-africa) — VC Fund, 4 deals together
- [P1 Ventures](https://shizune.co/investors/profile/p1-ventures) — VC Fund, 3 deals together
- [TLcom Capital Partners](https://shizune.co/investors/profile/tlcom-capital-partners) — VC Fund, 3 deals together
- [Acadian Ventures](https://shizune.co/investors/profile/acadian-ventures) — VC Fund, 2 deals together
- [Enza Capital](https://shizune.co/investors/profile/enza-capital) — VC Fund, 2 deals together
- [ODBA](https://shizune.co/investors/profile/odba-co-ventures) — VC Fund, 2 deals together

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
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### Similar stage
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### Similar country
- [Launch Africa](https://shizune.co/investors/profile/launch-africa) — VC Fund
- [Partech](https://shizune.co/investors/profile/partech) — VC Fund
- [Enza Capital](https://shizune.co/investors/profile/enza-capital) — VC Fund

## Featured in investor lists
- [Financial Services VC Funds in Kenya](https://shizune.co/investors/financial-services-vc-funds-kenya)
- [FinTech Investors in Kenya](https://shizune.co/investors/fintech-investors-kenya)
- [Payments Investors in Kenya](https://shizune.co/investors/payments-investors-kenya)
- [Software VC Funds in Kenya](https://shizune.co/investors/software-vc-funds-kenya)
- [Financial Services Investors in Mauritius](https://shizune.co/investors/financial-services-investors-mauritius)
- [Financial Services VC Funds in Mauritius](https://shizune.co/investors/financial-services-vc-funds-mauritius)

## FAQ

### What does AXIAN invest in?

AXIAN invests primarily in Financial Services, FinTech and Payments startups, most often at Seed and Series A stage. Most of the 12 investments tracked by Shizune back companies in Egypt. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is AXIAN's check size?

AXIAN typically joins rounds of $1M–$12M at Seed and $5M–$14M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds AXIAN participates in.

### How do I contact AXIAN?

Public channels for AXIAN include LinkedIn, X (Twitter) and the website linked on this profile. 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 AXIAN?

The team at AXIAN includes Hassanein Hiridjee (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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