CardinalStone Capital Advisers
VC Fund
Lagos, Nigeria
CardinalStone Capital Advisers is a VC fund in Lagos focused on Retail and Banking. CardinalStone Partners Limited is a boutique investment banking firm that offers financial advisory services. The firm provides mergers, acquisitions and divestitures, leveraged buyout arrangements, balance sheet optimization, capital restructuring, and competitor strategies advisory services. Additionally, it offers private placements, equitycapital markets and debt financing, and information services.
- Total investments:
- 10
- Last investment:
- Lead investor:
- 80%
- Fund size:
- $64M
- Last fund:
Last updated:
For AI agents: llms.txt
Industries CardinalStone Capital Advisers invests in
Stages CardinalStone Capital Advisers invests in
Countries CardinalStone Capital Advisers invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Round size
- Series A
- $6M–$10M
- Debt Financing
- $3M–$357M
Investment Focus
Industry
- Retail 2 (20%)
- Banking 2 (20%)
- Payments 2 (20%)
- Health Care 2 (20%)
- Energy 1 (10%)
Stage
- Private Equity 3 (30%)
- Series A 2 (20%)
- Debt Financing 2 (20%)
- Seed 1 (10%)
- Series B 1 (10%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Yomi Jemibewon
Co-Founder & Managing Director
|
Co-Founder & Managing Director | Total investments: 2 | Find email | |
Femi Ogunjimi
Partner
|
Partner | Total investments: 2 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| Nomba is a design manufacturer and distributor of a variety of payment, inventory management, invoice, and banking electronic devices. | $3M / Debt Financing / Sep 03, 2026 | ||
| NBET is a government body that manages electricity trading by purchasing from generators and supplying distribution companies. | $357M / Debt Financing / Jan 28, 2026 | ||
| ARNERGY's mission is to deliver energy solutions for productive use by deploying products, services and systems that power business operations and improve economic outcomes for our clients. Vision: Providing sustainable solutions to energy reliability issues across emerging markets. | $15M / Series B / Apr 14, 2025 | ||
| AfyA Care invests in healthcare assets with a vision to make healthcare accessible and affordable. | $6M / Series A / Nov 02, 2022 | ||
| With a team of over 170 professionals and clients in seven countries, Appzone is Africa’s leading FinTech disruptor and provider of home-grown software solutions for the continent’s Financial Services industry. Founded in 2008, we process over $2 billion in transactions annually serving 18 commercial banks and over 450 microfinance institutionsacross the continent. Our platforms issue 1.5 million cards and disburse over $300 million in loans monthly, while also managing $200 million in deposits, 10 million accounts and 100,000 transactions daily. We are audacious builders with a mission to completely automate financial services in Africa. Our offerings automate Banking operations, interconnect financial institutions, and provide end-users with access to a broad range of banking and payment services. We are working with the most talented individuals on the continent to create the de facto operating system for digital financial services in Africa. AppZone started off primarily developing custom software for leading commercial Banks in Nigeria. More than a decade later, we have accumulated a remarkable asset-base of intellectual property and built out significant Fintech infrastructure. We are licensed by the Central Bank of Nigeria as a Payment Solution Service Provider (PSSP) and have built the first and only EMV compliant card management system in sub-Saharan Africa, while also launching the continent’s first self-service platform for instant debit card issuance. Appzone’s other feats include building and launching a number of global firsts from Africa such as: Cloud-based core banking and digital channel software Global mandate platform for direct debit Decentralised Interbank transaction processing on blockchain We are regarded as Africa’s number 1 FinTech infrastructure provider and have won several awards including: PCI DSS, CEBIH Award, MWOT Innovators Award, Frost and Sullivan Award and the NAMB Award. | $10M / Series A / Apr 12, 2021 | ||
| i-Fitness Centre is a 360-health and wellness company and the leading and fastest-growing fitness chain. | Private Equity / Mar 23, 2021 | ||
| Kobo360 is a tech-enabled digital logistics platform that aggregates end-to-end haulage operations to help cargo owners, truck owners, and drivers, and cargo recipients to achieve an efficient supply chain framework. Through an all-in-one robust logistics ecosystem, Kobo uses big data and technology to reduce logistics frictions, empowering ruralfarmers to earn more by reducing farm wastages and helping manufacturers of all sizes to find new markets. Kobo enables unprecedented efficiency and cost reduction in the supply chain, providing 360-visibility while delivering products of all sizes safely, on time and in full. The Kobo mission is to build the Global Logistics Operating System that will power trade and commerce across Africa and Emerging Markets. The company is also preparing to enter the agro-trading space by creating a marketplace that links farmers with buyers all over the world. The marketplace will effectively eliminate the high cost of middlemen for smallholder farmers and significantly improve profits.Ife Oyedele ll and Obi Ozor founded it in 2017 and is headquartered in Lagos, Nigeria. | $6M / Seed / Dec 07, 2018 | ||
| Crest Agro was founded out of a strong belief in the transformative power of agriculture in Nigeria. We believe that commercial farming and industrial processing have the potential to be key drivers of the Nigerian economy.Crest Agro Products Farms is a producer of food grade cassava starch for industrial users in Nigeria and the broader WestAfrica sub-region. Crest Agro Products Limited (CAP) was incorporated in 2013 to produce high quality cassava starch for the food processing, pharmaceutical and textile industries. CAP is establishing an integrated cassava farm and starch processing facility on 13,000 hectares of land located in Kogi State. | Private Equity / Mar 13, 2017 | ||
| DataGuard is a document management company established to provide secure, efficient and cost-effective solutions. | Private Equity / Jan 01, 2015 | ||
| See all 10 investments → | |||
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FAQ
What does CardinalStone Capital Advisers invest in?
CardinalStone Capital Advisers invests primarily in Retail, Banking and Payments startups, most often at Private Equity and Series A stage. Most of the 10 investments tracked by Shizune back companies in Nigeria. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What is CardinalStone Capital Advisers's check size?
CardinalStone Capital Advisers typically joins rounds of $6M–$10M at Series A and $3M–$357M at Debt Financing. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds CardinalStone Capital Advisers participates in.
How do I contact CardinalStone Capital Advisers?
Public channels for CardinalStone Capital Advisers include 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 CardinalStone Capital Advisers?
The team at CardinalStone Capital Advisers includes Yomi Jemibewon (Co-Founder & Managing Director) and Femi Ogunjimi (Partner). 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 Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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