Silverbacks Holdings, established in 2019 and headquartered in Cybercity Ebene, Mauritius, is a venture capital firm specializing in early-stage investments. The company focuses on the intersection of sports, technology, and entertainment sectors within the African market, providing financial services to support the growth of innovative startups in these domains.
Union54 is a debit card issuing API that facilitates the issuance of debit cards for fintech companies and corporates without the need for a bank or credit card processor. Founded in 2020 and based in Lusaka, Zambia, the company provides essential services such as BIN sponsorship, transaction processing, and settlement. This allows software companies to seamlessly integrate debit card services into their offerings. In addition to its core services, Union54 is involved in the development of secure messaging and instant payment systems, providing tools for both civilian and government use. Its software solutions include a messaging application with an integrated wallet and an API for creating chat applications, enabling clients to securely communicate and manage payments.
ChitChat
Venture Round in 2019
Zazu Africa Ltd is a digital financial services company based in Lusaka, Zambia, that provides a digital money account designed to enhance how individuals manage their finances. Founded in 2015, Zazu offers a financial education platform that helps users understand various financial products and services. The company also facilitates a connection between retailers, food processors, and farmers, promoting direct trading to improve profitability for all parties involved. This initiative enables farmers to receive financial support for innovative practices, encouraging the adoption of climate-smart agriculture to boost productivity. Through its comprehensive approach, Zazu aims to empower users with better financial management tools and knowledge.
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