Itanna

Itanna is an accelerator firm based in Lagos, Nigeria, focused on nurturing technology startups. The firm operates a four-month accelerator program designed to support early-stage companies in their growth and development. By providing resources, mentorship, and networking opportunities, Itanna aims to foster innovation and entrepreneurship within the technology sector. The firm primarily invests in startups located in Lagos, aligning its efforts with the vibrant entrepreneurial ecosystem of the region.

Tony Idugboe

Vice President, Head of Investments

9 past transactions

Appzone Group

Series A in 2021
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 institutions across 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.

Indicina

Seed Round in 2020
Indicina Technologies Limited is a Lagos-based company that offers a digitized credit analysis platform aimed at enhancing consumer finance strategies in Africa. The platform serves a variety of financial institutions, including banks, insurers, and consumer finance companies, by providing tools for creating credit rules and models, conducting credit assessments and scoring, managing loan portfolios, and facilitating loan collections. By leveraging analytics-driven insights, Indicina helps these institutions optimize their credit decision-making processes, improve application acceptance rates, and reduce default rates, thereby contributing to the development of a robust credit infrastructure in the region.

E-Estates

Pre Seed Round in 2019
E-ESTATES APP is a mobile application for gated estates to improve interaction between resident and estates through easy to use features.

Gerocare

Seed Round in 2019
GeroCare provides a technology-driven solution for eldercare by connecting families with home healthcare services for senior relatives. Operating for five years, GeroCare's platform allows users, both locally and abroad, to arrange regular doctor visits for their elderly loved ones through a simple application. This service matches patients with nearby doctors who conduct monthly home visits, ensuring that seniors receive essential medical attention in a familiar environment. Family members receive updates on health status and can manage payments for tests and medications through the app. Communication with doctors is facilitated primarily via phone calls, allowing elderly beneficiaries to access services without needing internet-enabled devices. GeroCare's model is designed to be scalable and adaptable across various medical specialties and regions, effectively transforming traditional healthcare delivery by enabling comprehensive medical support without the need for physical infrastructure.

Simbi Interactive

Pre Seed Round in 2019
Simbi Interactive is an e-learning platform. They provide services for mathematics, english language, biology, physics, chemistry, economics, agriculture, geography, CRs, government, commerce, financial accounts, literature in english, IRs, and civic education. Their customers' inquiries are addressed through phone, email, and online applications.

Powercube Systems

Seed Round in 2018
Powercube Systems Limited, founded in 2017 and based in Iganmu, Nigeria, specializes in providing inverters tailored for the household sector. The company has developed a product called Lightning, designed for power storage to meet daily off-grid energy requirements. Additionally, Powercube Systems offers a mobile application that enables users to remotely control their devices and manage their power usage effectively.

Accounteer

Pre Seed Round in 2018
Accounteer is a cloud accounting platform for small businesses. Business owner can create invoices, track expenses and follow up on their finances with ease. Accounteer integrates with external services like banks, e-invoicing platforms and e-commerce. Future proof your business today by subscribing for a free Accounteer trial account.

TradeBuza

Seed Round in 2018
TradeBuza is a Lagos-based company that operates a cloud-based platform designed for out growers, commodities aggregators, exporters, and agricultural processors. The platform enhances efficiency and transparency in the agricultural sector by providing real-time visibility and data management solutions. TradeBuza leverages technology to assist smallholder farmers in accessing agricultural financing, offering services that include digital agricultural data capture, KYC collection and validation, field GPS mapping, and customized reporting. By enabling businesses to digitize their agricultural operations and capture real-time data, TradeBuza improves the management of out-grower schemes and facilitates effective commodities trading.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.