Franc is an investment app that makes investing smart and social. We believe everyone can invest like a pro with three simple principles: setup a rainy day fund, big dreams need equity and pay less fees. Through Franc users can get access to the best cash and equity fund in the market, selected carefully for their performance and low-cost. Franc is a roboadvisor that helps first time investors understand how much investment risk they can take on using a simple slider and enables users to create and share investment goals - charging a management fee of 1%. The company enables users to access, view, share, and manage their portfolio as well as deposit and withdraw money from anywhere, anytime.
Non Equity Assistance in 2022
Valify Solutions is a technology company specializing in digital identity infrastructure aimed at financial institutions and e-commerce platforms. Founded in 2019 by Omar Abdelwahed and Ibrahim Eid, and headquartered in Cairo, Egypt, Valify offers a platform that facilitates remote account opening, digital onboarding, and user identity verification. Its tools enable service providers to verify customer identities, authenticate official documents remotely, and extract information from valid data sources, all while ensuring security and integrity. By automating and optimizing operations, Valify helps organizations streamline user onboarding and reduce manual tasks. The company focuses on enhancing financial inclusion and economic growth through improved digital identity creation and ownership, ultimately fostering a more secure online environment for all stakeholders.
The Food Lab is a cloud kitchen platform but describes itself as an infrastructure company for restaurants in Egypt — about 400,000 in number — in the food & beverage (F&B) space. The company provides a full suite of end-to-end services, including cloud kitchen (kitchen as a service) and procurement.
The Food Lab is a cloud kitchen platform but describes itself as an infrastructure company for restaurants in Egypt — about 400,000 in number — in the food & beverage (F&B) space. The company provides a full suite of end-to-end services, including cloud kitchen (kitchen as a service) and procurement.
Eksab operates an online daily fantasy sports (DFS) platform focused on the Middle Eastern and African markets. Founded in 2017 and based in Cairo, Egypt, the platform enables users to participate in sports contests by drafting teams and making predictions about live football games. Players accumulate points based on the accuracy of their predictions, fostering engagement and competition. Eksab has gained significant traction, being ranked #5 on the Google Play Store's Top Trending List and processing over 4.5 million games to date. The company has also received support through incubation programs by MINT, EG-Bank, and Cairo Angels.
FreshSource is transforming the agriculture value chain with its technology-driven business-to-business platform that connects farms directly to businesses. By utilizing generational expertise, the platform effectively sources, handles, stores, and delivers horticultural products, ensuring efficient distribution. This approach not only enhances the supply chain but also addresses food security issues by reducing food loss. FreshSource's innovative model aims to streamline the delivery of fresh agricultural produce to clients, ultimately improving access to quality food.
Thndr is a financial services company that operates an app-based investment platform. It comes with 0% commission, no account minimum, access to market data, easy account setup, and funding processes. Users can also get access to the latest news, market data, and other educational tools. Seif Amr established the company in 2020 in Cairo, Al Qahirah, Egypt.
Developer of an on-demand logistics application designed to facilitate the transportation of shipments across places. The company's logistics platform offers live tracking, an intelligent address system, and automatic dispatch to offer a fully digitalized postal logistics service, enabling clients to avail of timely movement of shipments.
Spektra is building APIs and tools that make it possible for businesses to accept and disburse Mobile Money payments from and to multiple providers and currencies within minutes, NOT months, without dealing with Mobile Network operators at all. With a few lines of code, a single tap or click, your customers can pay you with our seamless and easy to use products on the web, mobile, and in-app.
SimpliFi is a company focused on democratizing payments through its Cards as a Service (CaaS) platform, specifically targeting the MENA region and Pakistan. The platform manages the entire card issuance process, encompassing partnerships with banks, payment schemes, processors, and identity verification. By providing a comprehensive technology stack, SimpliFi streamlines card operations and compliance functions, allowing clients to concentrate on their core business activities. This innovative approach aims to deliver trusted and cost-effective solutions for organizations looking to enhance their payment systems.
Wowzi is an online marketplace that focuses on automating influencer marketing workflows, connecting brands with everyday social media users, particularly nano and micro influencers. The platform allows brands to outline marketing campaigns by specifying timing, channels, budgets, and selecting influencers based on demographic factors such as geography, income, gender, and interests. This approach enables small and medium enterprises, multinational corporations, creative agencies, research companies, and non-governmental organizations to effectively disseminate brand messages while gathering valuable consumer insights. By democratizing influence, Wowzi empowers users to monetize their social media presence, contributing to the evolving landscape of African commerce.
CinetPay is a payment technology platform that enables online transactions, primarily focusing on mobile money payment systems across Africa. It acts as a hub that integrates various mobile money payment methods, bank cards, and digital wallets, facilitating seamless financial transactions for businesses and individuals. By providing a unified platform for processing payments, CinetPay helps streamline financial operations, making it easier for users to sell and conduct digital transactions. The company's services are designed to enhance the efficiency of financial interactions in a rapidly evolving digital economy.
Abwaab is an online learning platform that allows secondary-school students in MENA to learn at their own pace, test themselves and get ahead with our expert tutors anytime and anywhere. By offering short, engaging video lessons, visualized learning journeys, continuous assessment and performance analytics, we are changing the way students learn outside the classroom.
Breadfast is a Cairo-based company that specializes in producing a variety of bread and bakery products, including white and brown toast, baguettes, multigrain bread, rye, and various types of buns and pastries. Established in 2017, Breadfast operates an online delivery service that ensures customers receive fresh bakery items each morning, eliminating the need for freezing or defrosting. The company's product range also includes different flavors of muffins and croissants, as well as other grocery essentials like milk, eggs, and personal care items. By offering a convenient one-stop platform for daily needs, Breadfast aims to enhance the shopping experience for its customers.
Autochek is an automotive technology company founded in 2020 and based in South Africa. It operates online platforms that connect buyers and sellers in the automotive sector, enhancing commerce through digital solutions. The company focuses on creating a marketplace that improves access to auto loans, quality maintenance, aftersales services, and warranty solutions. By offering a comprehensive digital infrastructure, Autochek aims to streamline the coordination and maintenance of vehicle records, facilitating smoother transactions and interactions within the car market.
Sendbox Software Technologies Limited operates a tech-enabled platform that facilitates shipping, escrow payments, and discovery services for e-commerce transactions conducted on social media platforms such as Instagram, Facebook, and WhatsApp. Founded in 2016 and based in Lagos, Nigeria, the company offers a range of services including pickup and drop-offs, tracking and notifications, automatic scheduling and routing, cash handling, and remittance. Sendbox aims to enhance the e-commerce experience by providing users with the ability to identify trustworthy merchants, securely complete transactions through an escrow system, and access nationwide delivery services at discounted rates through a network of delivery partners. The platform serves merchants and customers across North America, Europe, and Africa, making it a crucial player in the evolving landscape of social commerce.
Spektra is building APIs and tools that make it possible for businesses to accept and disburse Mobile Money payments from and to multiple providers and currencies within minutes, NOT months, without dealing with Mobile Network operators at all. With a few lines of code, a single tap or click, your customers can pay you with our seamless and easy to use products on the web, mobile, and in-app.
Developer of a financial advisory platform intended to invest in local and global financial markets. The company's platform offers curated investment funds and personalized investment plans based on risk tolerance and financial goals, enabling users to improve access to investment opportunities and grow their wealth.
MaxAB is a B2B e-commerce marketplace based in Cairo, Egypt, that connects food and grocery retailers with suppliers, particularly in underserved areas. Founded in 2018, the company leverages data-driven technologies and advanced supply chain solutions to streamline the food and grocery market. MaxAB aims to empower retailers by providing access to a diverse range of products, premium service, and operational support. Its technology-driven logistics network ensures efficient distribution, delivering the right amount of food to the right locations at the right time, thereby reducing costs and improving the procurement and delivery process for retailers.
MaxAB is a B2B e-commerce marketplace based in Cairo, Egypt, that connects food and grocery retailers with suppliers, particularly in underserved areas. Founded in 2018, the company leverages data-driven technologies and advanced supply chain solutions to streamline the food and grocery market. MaxAB aims to empower retailers by providing access to a diverse range of products, premium service, and operational support. Its technology-driven logistics network ensures efficient distribution, delivering the right amount of food to the right locations at the right time, thereby reducing costs and improving the procurement and delivery process for retailers.
Yoco Technologies Proprietary Limited, known as Yoco, is a payments technology company based in Cape Town, South Africa, founded in 2015. The company develops tools and services aimed at assisting small businesses in accepting payments securely, both in-store and online. Yoco's offerings include mobile card machines, payment gateways, point of sale solutions, and a business portal, all designed to streamline payment processes and enhance business operations. By providing an integrated platform, Yoco enables over 100,000 small businesses to manage their transactions efficiently, thereby promoting growth and simplifying the commerce experience for both buyers and sellers. Recognized as one of the top fintech companies, Yoco continues to support entrepreneurs by offering comprehensive payment and business solutions.
Chaka Technologies Limited is a financial technology company based in Lagos, Nigeria, that operates an online stock trading and investment platform. The company facilitates access to global capital markets for African individuals and businesses, enabling them to create trading accounts and invest in a wide range of assets, including equities, mutual funds, fixed income products, and cryptocurrencies. With access to over 3,000 assets across more than 40 countries, including major markets such as the United States, China, and the United Kingdom, Chaka aims to lower barriers to investment. Its platform is designed to be regulatorily compliant, serving a diverse clientele that includes corporate and institutional clients, investment advisors, stockbrokers, and fund managers.
Taager is a social e-commerce platform designed to support online merchants by offering end-to-end logistics solutions. It leverages technology, artificial intelligence, and data science to assist small and medium-sized sellers in launching and expanding their businesses. By facilitating the scaling of high-margin products, Taager enables entrepreneurs to concentrate on their core operations while providing essential services such as logistics and financing. This comprehensive approach aims to empower business owners to realize their growth potential effectively.
MaxAB is a B2B e-commerce marketplace based in Cairo, Egypt, that connects food and grocery retailers with suppliers, particularly in underserved areas. Founded in 2018, the company leverages data-driven technologies and advanced supply chain solutions to streamline the food and grocery market. MaxAB aims to empower retailers by providing access to a diverse range of products, premium service, and operational support. Its technology-driven logistics network ensures efficient distribution, delivering the right amount of food to the right locations at the right time, thereby reducing costs and improving the procurement and delivery process for retailers.
Jetstream Africa Limited operates a cloud-based platform that provides cross-border marine logistics services to businesses across Africa. Founded in 2018 and based in Accra, Ghana, the company specializes in facilitating freight forwarding and global exports for African suppliers. Its platform offers features such as shipment booking, tracking, and consolidated shipping, which enhance access to international trade for small and medium-sized enterprises. By automating key aspects of the procurement process and leveraging a network of freight carriers, customs agents, and ground transporters, Jetstream aims to reduce inefficiencies and improve transparency in pricing, cargo tracking, and customs regulations.
Trella is a platform that connects shippers to carriers.
Trella offers services and technology to empower drivers, improve their efficiency, boost their earnings and utilization as well as creating job opportunities.
Trella aims to reduce costs for shippers, introduce a transparent pricing structure and provide them with a more reliable source of carriers. All the while allowing them to track their shipments in real-time as well as report key insights on their transportation trends and performance.
Mamo Pay is a financial technology company that specializes in a peer-to-peer payments application, founded in 2016 and headquartered in Dubai, United Arab Emirates. The application allows users to transfer, receive, track, and split payments with family, friends, and businesses without incurring any fees. Mamo Pay enables users to connect their bank accounts, facilitating quick and secure money transfers. Additionally, the platform supports global payments in multiple currencies, offers virtual card issuance, and integrates with e-commerce platforms. This functionality helps businesses optimize their financial operations and gain insights into spending patterns.
Bosta is an on-demand delivery service based in Cairo, Egypt, that specializes in B2C instant delivery. Founded in 2016, the company offers an online platform and mobile application that enables individuals and businesses to easily send and receive shipments while tracking their deliveries in real-time. Deliveries are primarily made using scooters, which are mainly owned by the delivery personnel. Bosta aims to simplify the logistics process in densely populated urban areas, providing a convenient solution for users to manage their shipping needs with minimal effort.
Abwaab is an online learning platform that allows secondary-school students in MENA to learn at their own pace, test themselves and get ahead with our expert tutors anytime and anywhere. By offering short, engaging video lessons, visualized learning journeys, continuous assessment and performance analytics, we are changing the way students learn outside the classroom.
Customer experience platform for F&B industry, It helps the brands manage their customer base, engage them and keep them satisfied.
Developer of an on-demand logistics application designed to facilitate the transportation of shipments across places. The company's logistics platform offers live tracking, an intelligent address system, and automatic dispatch to offer a fully digitalized postal logistics service, enabling clients to avail of timely movement of shipments.
Breadfast is a Cairo-based company that specializes in producing a variety of bread and bakery products, including white and brown toast, baguettes, multigrain bread, rye, and various types of buns and pastries. Established in 2017, Breadfast operates an online delivery service that ensures customers receive fresh bakery items each morning, eliminating the need for freezing or defrosting. The company's product range also includes different flavors of muffins and croissants, as well as other grocery essentials like milk, eggs, and personal care items. By offering a convenient one-stop platform for daily needs, Breadfast aims to enhance the shopping experience for its customers.
Eksab operates an online daily fantasy sports (DFS) platform focused on the Middle Eastern and African markets. Founded in 2017 and based in Cairo, Egypt, the platform enables users to participate in sports contests by drafting teams and making predictions about live football games. Players accumulate points based on the accuracy of their predictions, fostering engagement and competition. Eksab has gained significant traction, being ranked #5 on the Google Play Store's Top Trending List and processing over 4.5 million games to date. The company has also received support through incubation programs by MINT, EG-Bank, and Cairo Angels.
Autochek is an automotive technology company founded in 2020 and based in South Africa. It operates online platforms that connect buyers and sellers in the automotive sector, enhancing commerce through digital solutions. The company focuses on creating a marketplace that improves access to auto loans, quality maintenance, aftersales services, and warranty solutions. By offering a comprehensive digital infrastructure, Autochek aims to streamline the coordination and maintenance of vehicle records, facilitating smoother transactions and interactions within the car market.
NowPay, Inc. is a fintech company based in Cairo, Egypt, founded in 2018. It operates an online platform aimed at enhancing the financial wellness of corporate employees. The platform provides personal finance management services, enabling users to manage savings, spending, budgeting, and borrowing. Through a mobile application, employees can access detailed information about their salaries, account balances, and eligible loan amounts. NowPay collaborates with employers to offer advance salary payments, allowing employees to receive part of their salaries at any point during the month and repay over multiple months without incurring liabilities. This service not only supports employees in times of financial need but also aims to enhance overall employee satisfaction, productivity, and loyalty within organizations.
Sokowatch revolutionizes access to essential goods and services by connecting small shops to the digital economy. Through individual agents equipped with proprietary mobile data-collection tools, Sokowatch increases sales and market coverage for companies in emerging markets. It enables informal retailers to order products at any time via SMS or mobile app, and receive free same-day delivery to their store. This makes it easier for shopkeepers to source goods and helps manufacturers ensure that their products are consistently available to consumers. Sokowatch evaluates retailers to provide them with access to credit and other financial services typically not available to informal businesses. Sokowatch's systems track real-time sales and orders across thousands of stores. Access to market trends and purchasing habits enables manufacturers to tailor their marketing strategies and allows Sokowatch to offer personalized promotions and business insights to individual retailers.
Swarm Technologies, Inc. is a satellite company based in Los Altos, California, focused on providing low-cost global connectivity through its innovative satellite network. Founded in 2015, the company aims to make Internet services accessible worldwide, particularly for businesses in sectors such as agriculture, energy, transportation, global development, shipping, maritime, and automotive. By launching satellites into low Earth orbit, Swarm enables connectivity in remote regions, ensuring that IoT data is available on a global scale. The company's technology incorporates advanced modeling and optimization techniques to deliver a cost-effective communication solution, making data accessible to a wide range of users and devices across the globe.
Thndr is a financial services company that operates an app-based investment platform. It comes with 0% commission, no account minimum, access to market data, easy account setup, and funding processes. Users can also get access to the latest news, market data, and other educational tools. Seif Amr established the company in 2020 in Cairo, Al Qahirah, Egypt.
MaxAB is a B2B e-commerce marketplace based in Cairo, Egypt, that connects food and grocery retailers with suppliers, particularly in underserved areas. Founded in 2018, the company leverages data-driven technologies and advanced supply chain solutions to streamline the food and grocery market. MaxAB aims to empower retailers by providing access to a diverse range of products, premium service, and operational support. Its technology-driven logistics network ensures efficient distribution, delivering the right amount of food to the right locations at the right time, thereby reducing costs and improving the procurement and delivery process for retailers.
Sokowatch revolutionizes access to essential goods and services by connecting small shops to the digital economy. Through individual agents equipped with proprietary mobile data-collection tools, Sokowatch increases sales and market coverage for companies in emerging markets. It enables informal retailers to order products at any time via SMS or mobile app, and receive free same-day delivery to their store. This makes it easier for shopkeepers to source goods and helps manufacturers ensure that their products are consistently available to consumers. Sokowatch evaluates retailers to provide them with access to credit and other financial services typically not available to informal businesses. Sokowatch's systems track real-time sales and orders across thousands of stores. Access to market trends and purchasing habits enables manufacturers to tailor their marketing strategies and allows Sokowatch to offer personalized promotions and business insights to individual retailers.
Swarm Technologies, Inc. is a satellite company based in Los Altos, California, focused on providing low-cost global connectivity through its innovative satellite network. Founded in 2015, the company aims to make Internet services accessible worldwide, particularly for businesses in sectors such as agriculture, energy, transportation, global development, shipping, maritime, and automotive. By launching satellites into low Earth orbit, Swarm enables connectivity in remote regions, ensuring that IoT data is available on a global scale. The company's technology incorporates advanced modeling and optimization techniques to deliver a cost-effective communication solution, making data accessible to a wide range of users and devices across the globe.
Swarm Technologies, Inc. is a satellite company based in Los Altos, California, focused on providing low-cost global connectivity through its innovative satellite network. Founded in 2015, the company aims to make Internet services accessible worldwide, particularly for businesses in sectors such as agriculture, energy, transportation, global development, shipping, maritime, and automotive. By launching satellites into low Earth orbit, Swarm enables connectivity in remote regions, ensuring that IoT data is available on a global scale. The company's technology incorporates advanced modeling and optimization techniques to deliver a cost-effective communication solution, making data accessible to a wide range of users and devices across the globe.
mPharma Data, Inc. is a technology-driven company based in Accra, Ghana, with an additional location in Lexington, Massachusetts. Founded in 2013, it focuses on improving access to high-quality medications in emerging markets by connecting physicians, pharmacies, and patients through its application. The company aggregates real-time market data on prescription trends, drug consumption, and adverse reactions, providing valuable insights to pharmaceutical manufacturers, distributors, and governments. mPharma offers a pharmacy network application that centralizes inventories from multiple pharmacies, enabling easier drug searches for physicians and patients. Additionally, the company provides subscription-based data analytics for actionable insights on drug consumption and diagnosis, along with prescription management tools to assist healthcare providers in locating various medicines. By partnering with drug manufacturers, insurance companies, and governments, mPharma aims to facilitate affordable access to essential medications for patients.
Flutterwave provides a payment service for global merchants and payment service providers.
It provides technology, infrastructure, and services to enable global merchants, payment service providers, and helps banks and businesses build secure and seamless payment solutions for their customers by smoothening the exchange of funds.
The company was founded in 2016 by Iyinoluwa Aboyeji and Olugbenga Agboola and is headquartered in San Francisco, California.
Tizeti provides broadband internet services to densely populated urban centers in Africa. Tizeti is leveraging the large wireless capacity available with Wi-Fi and plummeting cost of solar panels to create a low CAPEX/OPEX network of owned and operated towers to offer disruptive, customer-friendly pricing for unlimited internet service right across Africa.
Sokowatch revolutionizes access to essential goods and services by connecting small shops to the digital economy. Through individual agents equipped with proprietary mobile data-collection tools, Sokowatch increases sales and market coverage for companies in emerging markets. It enables informal retailers to order products at any time via SMS or mobile app, and receive free same-day delivery to their store. This makes it easier for shopkeepers to source goods and helps manufacturers ensure that their products are consistently available to consumers. Sokowatch evaluates retailers to provide them with access to credit and other financial services typically not available to informal businesses. Sokowatch's systems track real-time sales and orders across thousands of stores. Access to market trends and purchasing habits enables manufacturers to tailor their marketing strategies and allows Sokowatch to offer personalized promotions and business insights to individual retailers.
mPharma Data, Inc. is a technology-driven company based in Accra, Ghana, with an additional location in Lexington, Massachusetts. Founded in 2013, it focuses on improving access to high-quality medications in emerging markets by connecting physicians, pharmacies, and patients through its application. The company aggregates real-time market data on prescription trends, drug consumption, and adverse reactions, providing valuable insights to pharmaceutical manufacturers, distributors, and governments. mPharma offers a pharmacy network application that centralizes inventories from multiple pharmacies, enabling easier drug searches for physicians and patients. Additionally, the company provides subscription-based data analytics for actionable insights on drug consumption and diagnosis, along with prescription management tools to assist healthcare providers in locating various medicines. By partnering with drug manufacturers, insurance companies, and governments, mPharma aims to facilitate affordable access to essential medications for patients.
TIZETI (wifi.com.ng) has been deploying high speed internet access to estates, offices, multi-tenant building using next generation wi-Fi technology. They deploy unlimited internet to residential and business customers which allow customers get the full benefit of the internet with no data or time caps. They also offer VOIP and Video on Demand services.
Flutterwave provides a payment service for global merchants and payment service providers.
It provides technology, infrastructure, and services to enable global merchants, payment service providers, and helps banks and businesses build secure and seamless payment solutions for their customers by smoothening the exchange of funds.
The company was founded in 2016 by Iyinoluwa Aboyeji and Olugbenga Agboola and is headquartered in San Francisco, California.
Flutterwave provides a payment service for global merchants and payment service providers.
It provides technology, infrastructure, and services to enable global merchants, payment service providers, and helps banks and businesses build secure and seamless payment solutions for their customers by smoothening the exchange of funds.
The company was founded in 2016 by Iyinoluwa Aboyeji and Olugbenga Agboola and is headquartered in San Francisco, California.
mPharma Data, Inc. is a technology-driven company based in Accra, Ghana, with an additional location in Lexington, Massachusetts. Founded in 2013, it focuses on improving access to high-quality medications in emerging markets by connecting physicians, pharmacies, and patients through its application. The company aggregates real-time market data on prescription trends, drug consumption, and adverse reactions, providing valuable insights to pharmaceutical manufacturers, distributors, and governments. mPharma offers a pharmacy network application that centralizes inventories from multiple pharmacies, enabling easier drug searches for physicians and patients. Additionally, the company provides subscription-based data analytics for actionable insights on drug consumption and diagnosis, along with prescription management tools to assist healthcare providers in locating various medicines. By partnering with drug manufacturers, insurance companies, and governments, mPharma aims to facilitate affordable access to essential medications for patients.
Andela is a global talent network that specializes in recruiting and managing software developers from emerging markets, particularly in Africa. Established in 2014 and headquartered in Lagos, Nigeria, the company provides training and mentorship to prepare developers for roles with companies worldwide. Through its platform, Andela connects leading organizations like GitHub and Cloudflare with highly skilled engineering talent, enabling businesses to scale their teams efficiently and cost-effectively. The company focuses on identifying the top 1% of software developers, fostering a network that empowers developers while facilitating job opportunities. Andela operates as a distributed organization across four continents and has garnered support from notable investors, including Generation Investment Management and the Chan Zuckerberg Initiative.