# Stephen Deng

> Stephen Deng is a seed investor at DFS Lab backing FinTech and Travel. See 4 investments, check sizes, portfolio and contact details. Updated Oct 2026.

- Type: Angel Investor
- Fund: [DFS Lab](https://shizune.co/investors/profile/dfs-lab)
- Location: Seattle, United States
- Total investments: 4
- Last investment: Jul 2024
- Lead investor: 50%
- Last updated: Oct 2026
- LinkedIn: https://www.linkedin.com/in/mrstephendeng
- X (Twitter): https://twitter.com/mrstephendeng
- Website: https://www.dfslab.net

Stephen Deng is a seed investor at DFS Lab in Seattle focused on FinTech and Travel. Stephen Deng

## Contacts

5 contacts available for Stephen Deng: work email, personal email, work phone, personal phone and socials. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-email/stephen-deng?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 2 | 50% |
| Travel | 1 | 25% |
| Finance | 1 | 25% |
| Software | 1 | 25% |
| Procurement | 1 | 25% |

8 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 50% |
| Pre-Seed | 1 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Nigeria | 1 | 25% |
| Tanzania | 1 | 25% |
| South Africa | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| TurnStay | TurnStay helps travel industry to radically reduce payment costs and improve conversion. | $296.5K | Seed | Jul 15, 2024 | https://turnstay.com/ |
| Cutstruct | We build apps for building projects. Our apps are helping builders extend the value of every dollar and increasing the confidence of ordinary people to build. | $600K | Pre-Seed | Nov 10, 2022 | https://www.cutstruct.com |
| Nala | Nala is a FinTech company developing a mobile payments application to simplify money transfers and transactions without data connectivity. Their services include financial inclusion, digital financial services, mobile money, and fintech. | $10M | Seed | Jan 27, 2022 | https://iwantnala.com/ |
| Nala | Nala is a FinTech company developing a mobile payments application to simplify money transfers and transactions without data connectivity. Their services include financial inclusion, digital financial services, mobile money, and fintech. | $150K | Seed | Mar 18, 2019 | https://iwantnala.com/ |

4 of 4 investments shown.

## Co-investors
- [Digital Currency Group](https://shizune.co/investors/profile/digital-currency-group) — VC Fund, 2 deals together
- [VentureSouq](https://shizune.co/investors/profile/venturesouq) — VC Fund, 2 deals together
- [9Yards Capital](https://shizune.co/investors/profile/9yards-capital) — VC Fund, 1 deal together
- [Amplo](https://shizune.co/investors/profile/amplo) — VC Fund, 1 deal together
- [Bessemer Venture Partners](https://shizune.co/investors/profile/bessemer-venture-partners) — VC Fund, 1 deal together
- [DCG Expeditions](https://shizune.co/investors/profile/dcg-expeditions) — VC Fund, 1 deal together

## About DFS Lab

VC Fund · Seattle, United States

Digital Financial Services Innovation Lab (DFS Lab) is an early-stage incubator that supports high potential entrepreneurs refine, grow and launch fintech businesses in developing countries. Focused on empowering communities in sub-Saharan Africa and South East Asia, DFS Lab delivers mentorship and strategic counsel to early-stage start-upspioneering transformative business models that empower the poorest, profitably, and at scale. We give the highest quality entrepreneurs access to extensive networks and relevant, world-class advice on how to build successful ventures that change the way low-income consumers interact with digital financial services.

4 contacts available at DFS Lab.

| Name | Title | Profile |
| --- | --- | --- |
| Bob Aman | Advisor | https://shizune.co/investors/profile/bob-aman |
| Ben Lyon | Entrepreneur in Residence | https://shizune.co/investors/profile/ben-lyon |
| Jake Kendall | Founder and Director | https://shizune.co/investors/profile/jake-kendall |
| Stephen Deng | Partner | https://shizune.co/investors/profile/stephen-deng |

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund

## FAQ

### What does Stephen Deng invest in?

Stephen Deng invests primarily in FinTech, Travel and Finance startups, most often at Seed and Pre-Seed stage. Most of the 4 investments tracked by Shizune back companies in Nigeria. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Stephen Deng?

Public channels for Stephen Deng 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.

### When did Stephen Deng last invest?

The most recent investment recorded for Stephen Deng closed in Jul 2024. Shizune tracks 4 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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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