Uncovered Fund

Mecho is an on-demand auto repair and maintenance platform tailored for individuals and businesses in Africa. The platform facilitates the registration and scheduling of maintenance services, connecting customers with a network of certified mechanics and automobile technicians. By offering seamless access to vehicle maintenance, inspection, and repair services, Mecho aims to enhance the automotive service experience for its users.

Termii is a Lagos-based company founded in 2014 that provides a cross-channel messaging and customer engagement platform tailored for African businesses. The platform facilitates communication with customers through SMS, email, voice, and instant messaging, enabling teams to secure repeat customers via personalized outreach. In addition to messaging services, Termii offers a suite of business applications that address various needs such as digital branding, sales, marketing, customer relationship management, eCommerce, accounting, inventory, and project management. This comprehensive approach allows clients to enhance their business operations and improve customer engagement across multiple channels.

Bettr is a digital banking platform focused on South Africa’s youth, offering a fully online account, card, and virtual banking services with no transaction fees. The company combines fintech expertise with a community of creative entrepreneurs to provide tools for saving, borrowing, and insuring. Its mission is to give young people the confidence and financial resources needed to pursue their goals, fostering a new culture of money in Africa. Bettr operates as a technology-driven service that connects users to a broader financial ecosystem, aiming to improve financial inclusion and empower individuals to build wealth.

Thepeer is a technology infrastructure company that facilitates cross-business transactions by connecting digital wallets across various sectors, including mobile money and banking. Its online platform provides a seamless experience for customers by allowing them to perform transactions and direct charges from their platform to any business wallet. Thepeer also offers robust application programming interfaces (APIs) for developers, enabling businesses to implement efficient and direct transaction capabilities across different platforms. The company's solutions aim to enhance the transaction process, making it faster and more accessible for both businesses and their customers.

Terminal specializes in facilitating eCommerce, logistics, and payments for African entrepreneurs. Its platform offers shipment tracking via mobile app, bulk shipping options, API integration, customizable dashboards, targeted advertising tools, multi-currency payment support, inventory management, local bank transfers, and digital invoicing. This suite of services enables small and medium enterprises (SMEs), e-commerce merchants, and logistics businesses to optimize operations and expand market reach.

Badili is a Nairobi-based company established in 2021 that specializes in the buying and selling of used and refurbished mobile phones. The company operates a re-commerce platform aimed at making affordable, high-quality used phones accessible to a broad audience. By providing a diverse selection of renewed mobile devices, Badili enables customers to save money while also contributing to the reduction of electronic waste by extending the life cycle of used phones.

ImaliPay is a financial health platform that offers customized financial products to freelancers and blue-collar gig workers, developed in partnership with gig platforms. The company builds an ecosystem where gig workers can create a safety net around their work through easy savings and transparent in-kind financing, aiming to boost productivity and economic empowerment. By enabling flexible financial services tailored to the realities of gig work, ImaliPay helps independent workers manage income volatility, access funds when needed, and improve overall financial health. The approach centers on practical, user-friendly tools rather than traditional employment benefits, and positions the company as a partner to both workers and gig platforms.

CredPal is a financial technology company based in Lagos, Nigeria, founded in 2018 by Fehintolu Olaogun and Olorunfemi Jegede. The company offers a platform that enables both businesses and individuals to purchase goods and services and pay for them in installments at various online and offline merchants. CredPal's solution enhances transparency by allowing users to set up accounts and select payment plans that minimize risk. The platform connects customers with multiple financial institutions, providing convenient access to credit at the point of checkout. This service not only facilitates consumer purchases but also empowers retail businesses to offer on-demand credit to their customers, thereby enhancing the overall shopping experience.

Founded in 2018, MarketForce is a technology company based in the US, Kenya, and Nigeria. It operates an asset-light business model, providing a comprehensive B2B commerce and fintech platform, 'RejaReja', empowering African merchants to digitize their inventory sourcing, ordering, payments, and access financing. The platform also enables merchants to resell digital financial services like airtime and bill payments. MarketForce is operational in five Sub-Saharan African markets, serving over 200,000 merchants and 50 consumer brands.

Mecho is an on-demand auto repair and maintenance platform tailored for individuals and businesses in Africa. The platform facilitates the registration and scheduling of maintenance services, connecting customers with a network of certified mechanics and automobile technicians. By offering seamless access to vehicle maintenance, inspection, and repair services, Mecho aims to enhance the automotive service experience for its users.

Amitruck is a mobile and web-based trucking logistics platform based in Nairobi, Kenya, founded in 2018. It connects cargo owners with transporters, enabling users to book deliveries via its online platform and access a driver app to coordinate with drivers. The platform supports real-time shipment tracking, instant quotes, and proximity-based truck availability, delivering end-to-end visibility and streamlined communication throughout the delivery process.

Treepz is a technology-driven transportation company focused on enhancing mobility across Africa. Founded in 2019 and headquartered in Ontario, Canada, Treepz operates in Nigeria, Ghana, Uganda, and Kenya, providing users with a reliable and comfortable commuting experience. Its application allows users to book trips for daily, inter-city, or corporate travel at the tap of a button. The platform offers features such as vehicle assistants, licensed drivers, and e-wallet payments, ensuring that users can book and pay for fast and convenient trips in real-time. Through its innovative approach, Treepz aims to create a safer and more efficient transportation system for commuters in the region.

Brass is a digital bank based in Nigeria that specializes in serving small and medium-sized enterprises. The company offers a suite of products and tools designed to facilitate business growth. Its key offerings include a free current account that can be easily opened from any device, requiring no monthly transactions or minimum balance. This approach allows customers to access optimal financial tools and banking services tailored to their needs, empowering them to enhance their business operations.

Yoco is an African technology company that enables entrepreneurs and small businesses to accept secure payments online and in person through a single platform. Its product ecosystem includes payments, lending, and business software.

RxAll, Inc. is a technology company that specializes in developing an artificial intelligence-driven platform for the authentication and distribution of pharmaceuticals, primarily in Africa. Founded in 2015 and headquartered in New Haven, Connecticut, the company utilizes a deep learning hyperspectral Internet of Things (IoT) platform that incorporates a molecular sensor device and a cloud database of spectral signatures. This innovative approach allows for non-destructive authentication of medications, including prescription and over-the-counter drugs, before they are dispensed. RxAll aims to combat the issue of counterfeit drugs by providing real-time information to pharmaceutical manufacturers about the authenticity of their products. Additionally, the platform facilitates access to authenticated medicines for patients and pharmacies, while also offering tele-pharmacy primary care services.

Sky.Garden operates an e-commerce platform tailored for African retailers. It enables businesses of all sizes to sell a wide range of products online, with features including inventory management, automated payment reconciliation, and local shipping options.

Bongalow is a digital platform that connects African homebuyers, both locally and in the diaspora, with competitive mortgage options. It streamlines the loan origination process for lenders and brokers, enabling efficient management of loans and mortgages.

Gozem is a digital platform offering diverse transportation services such as motorcycle-taxis, car-taxis, tricycle-taxis, along with grocery delivery and cashless payment options. It aims to serve under-served populations in West and Central Africa.

FinAccess provides a cloud-based core banking platform and related services for microfinance institutions in growth markets. Its software enables MFIs to send personalized payment reminders, manage arrears, issue transaction notifications, and deliver marketing messages, while generating detailed reports and supporting debit card issuing. The platform integrates with third-party mobile money providers and offers end-to-end IT services—from concept and deployment to ongoing maintenance—to help microfinance institutions reduce costs, improve efficiency, and scale operations, particularly for rural populations. FinAccess is based in Nairobi, Kenya.

LipaLater operates a lending marketplace that facilitates postpaid payments for consumers shopping at e-commerce stores. It offers a risk-free, point-of-sale credit option, enabling customers to purchase goods online and pay in affordable monthly installments.

SEND is a digital freight forwarding and courier service provider based in Yaba, Nigeria, specializing in logistics for African businesses. The company offers a comprehensive platform that manages cargo shipping by air, truck, and sea, serving as both a freight forwarder and customs broker. SEND's services include handling the entire shipping process, from customs clearance to final delivery, ensuring efficient routing and reliable deliveries. By digitizing documentation and streamlining interactions with shipping vendors, SEND enhances the shipping experience and facilitates faster trade within the industry.

Sylndr operates an online marketplace specializing in used cars. It aims to enhance trust in this market by offering a reliable and transparent platform for buying and selling, with a wide range of high-quality vehicles and diverse financing options.

Founded in 2018, MarketForce is a technology company based in the US, Kenya, and Nigeria. It operates an asset-light business model, providing a comprehensive B2B commerce and fintech platform, 'RejaReja', empowering African merchants to digitize their inventory sourcing, ordering, payments, and access financing. The platform also enables merchants to resell digital financial services like airtime and bill payments. MarketForce is operational in five Sub-Saharan African markets, serving over 200,000 merchants and 50 consumer brands.