Appzone Group
Series A in 2021
AppZone Group is a prominent provider of integrated banking and payment software solutions tailored for small and medium-sized financial institutions in Africa. The company offers a comprehensive suite of products, including the BankOne Core Banking platform, which automates key operations such as deposit management, loan administration, financial accounting, and payroll processing. Additionally, AppZone provides an ePayment processing solution that facilitates access to financial services through various channels, including ATMs, POS terminals, and mobile devices. Their systems integration services enhance payment processing capabilities with features like prepaid card management and ATM monitoring. AppZone also offers cloud services that encompass customization, implementation, and ongoing support to ensure optimal performance of their solutions. Established in 2006 and based in Yaba, Nigeria, AppZone aims to empower individuals by providing technology that ensures unlimited access to financial services across the continent.
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 is a developer of a mobile and web application designed to enhance communication between residents and estate managers in gated communities. The platform offers a cloud-based solution that allows residents to receive real-time notifications, respond to messages, and submit complaints or service requests, all through an easy-to-use interface. By facilitating effective interaction, E-Estates aims to streamline the management of gated estates and improve the overall experience for both residents and management.
Gerocare
Seed Round in 2019
GeroCare is a technology-driven company focused on providing home-based eldercare solutions to families, particularly in African communities. For over five years, it has developed a cloud-based platform that facilitates regular doctor visits for elderly individuals, allowing adult children to arrange healthcare for their parents easily. Through the GeroCare application, users can subscribe for monthly home medical care and receive detailed reports on each doctor's visit. This service enables families to monitor the health status of their elderly loved ones while allowing for the payment of necessary medical tests and medications through the app. Communication between the elderly beneficiaries and doctors mainly occurs via phone calls, ensuring accessibility even for those without internet-enabled devices. GeroCare’s model is scalable and can be replicated across various medical specialties and locations, fundamentally transforming traditional healthcare delivery by providing essential services directly in patients' homes.
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 the design and production of inverters for the residential sector. The company offers a product named Lightning, which is designed to store energy for users' daily off-grid power requirements. Additionally, Powercube Systems provides a mobile application that enables users to remotely manage their devices, allowing them to turn them on and off as needed. This combination of innovative products and technology aims to enhance energy management for households, particularly in areas with unreliable power supply.
Accounteer
Pre Seed Round in 2018
Accounteer is a cloud accounting platform designed specifically for small and medium-sized enterprises (SMEs) across Africa. The platform allows business owners to easily create invoices, track expenses, and manage their finances effectively. Accounteer integrates with various external services, including banks, e-invoicing platforms, and e-commerce systems, facilitating seamless financial management. Additionally, the company offers features such as online invoicing, bank reconciliation, comprehensive reporting, and digital document storage. To enhance user proficiency, Accounteer provides a free training program for staff, empowering them to fully utilize the platform’s functionalities. This approach enables SMEs to collaborate in real-time, save time, and gain valuable financial insights, ultimately helping them take control of their financial operations.
TradeBuza
Seed Round in 2018
TradeBuza is a technology-driven company based in Lagos, Nigeria, that operates a cloud-based platform aimed at enhancing the agricultural supply chain. The platform serves out growers, commodities aggregators, exporters, and agricultural processors by providing real-time visibility and data management solutions. TradeBuza's services include digital agricultural data capture, KYC collection, validation, field GPS mapping, and customized reporting, all designed to improve efficiency and transparency in commodities trade. By leveraging technology, the company also facilitates access to agricultural financing for smallholder farmers, thereby enabling businesses to manage their out-grower schemes and digitize agricultural operations effectively.