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VFD Group, VC Fund

VFD Group

VC Fund

Lagos, Nigeria

VFD Group is an investment organization that provides products and solutions that are accessible to everyday citizens and entrepreneurs.

Total investments:
8
Last investment:
Lead investor:
13%

Last updated:

Industries VFD Group invests in

FinTechFinancial ServicesBankingFinanceInformation Technology

Stages VFD Group invests in

Pre-SeedVenture - Series UnknownSeedFunding Round

Countries VFD Group invests in

NigeriaUnited Kingdom

Round sizes

Pre-Seed $465k–$625k

Contacts

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Round size

Pre-Seed
$465k–$625k

Investment Focus

Industry

  • FinTech 4 (50%)
  • Financial Services 4 (50%)
  • Banking 2 (25%)
  • Finance 2 (25%)
  • Information Technology 2 (25%)
See all 18 industries →

Stage

  • Pre-Seed 4 (50%)
  • Venture - Series Unknown 2 (25%)
  • Seed 1 (13%)
  • Funding Round 1 (13%)

Country

  • Nigeria 7 (88%)
  • United Kingdom 1 (13%)

Team

NameTitleInvestmentsLinksEmail
Nonso Okpala
Nonso Okpala Group Managing Director and CEO
Group Managing Director and CEO Total investments: 0
Find email
Niyi Adenubi
Niyi Adenubi Co-Founder and Executive Director
Co-Founder and Executive Director Total investments: 0
Find email
Olatunde Busari Chairman
Chairman Total investments: 1 Find email

Investments

CompanyDescriptionRoundLinks
VerifyMe Nigeria VerifyMe Nigeria
VerifyMe provide real-time ID reports and ID verifications so you can have instant fraud prevention in your personal or professional life. Oct 06, 2023
Fluna Fluna
Fluna is a B2B managed marketplace that connects high-growth exporters to key global buyers. Pre-Seed / Apr 27, 2022
Shekel Mobility Shekel Mobility
Shekel provides financing and management system software for auto dealerships. $550K / Pre-Seed / Mar 31, 2022
Spleet Spleet
Fintech Spleet Provides Tenant verification, Rent collection solutions for landlords and rent financing (Rent now, pay later) for Tenants $625K / Pre-Seed / Mar 15, 2022
Wealth8 Wealth8
Wealth8 is a technology-driven platform designed to connect people with wealth and investors. The company offers services including general investment accounts, stocks, and share ISAs. $465.3K / Pre-Seed / Nov 30, 2021
Piggyvest Piggyvest
Piggyvest enables Nigerian debit card holders save little amounts of money frequently with minimal effort. They automate the process of saving tiny amounts daily, weekly, or monthly; and then allowing you to withdraw for free on only set withdrawal dates thereby practically making saving more possible for you by eliminating the temptation towithdraw.Piggyvest is a platform that helps individuals and businesses manage their finances effectively - save and invest with ease.As Piggybank.ng, Piggyvest operated in partnership with 2 Microfinance banks and used their licenses. However, in early 2018, Piggyvest acquired Gold Microfinance bank and its license. Piggyvest is also a registered cooperative- Piggytech Cooperative Multipurpose Society Limited (Registration number, 16555). All saved funds are now warehoused with and managed by AIICO Capital, the leading asset management company in Nigeria, registered and licensed by the Securities and Exchange Commission (SEC). Seed / Jan 01, 2021
ErrandPay ErrandPay
ErrandPay is common knowledge that ErrandPay is every traveler's best friend and a dedicated companion for intra-African traders. With ErrandPay, you now have an easier way of accessing local currencies in any African country, from the comfort of your location. Paying for local bills or services has never been easier. This amazing experiencebegins by funding your ErrandPay balance with any currency in the world to get started. Venture - Series Unknown / Jan 01, 2021
Minerva Minerva
Minerva is an information technology company that provides IT consulting, software development, payment solutions, and cloud services. Venture - Series Unknown / Oct 01, 2020

Co-Investors

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FAQ

What does VFD Group invest in?

VFD Group invests primarily in FinTech, Financial Services and Banking startups, most often at Pre-Seed and Venture - Series Unknown stage. Most of the 8 investments tracked by Shizune back companies in Nigeria. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What is VFD Group's check size?

VFD Group typically joins rounds of $465k–$625k 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 VFD Group participates in.

How do I contact VFD Group?

Public channels for VFD Group 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 VFD Group?

The team at VFD Group includes Nonso Okpala (Group Managing Director and CEO), Niyi Adenubi (Co-Founder and Executive Director) and Olatunde Busari (Chairman). 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 Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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