Adlevo Capital
Adlevo Capital, established in 2007, is a private equity firm headquartered in Mauritius with a significant presence in Lagos, Nigeria. It specializes in investing in mature and later-stage technology-enabled companies across sub-Saharan Africa, with a focus on the information and communications technology sectors. Adlevo Capital provides expansion, bridge financing, buyouts, and growth capital, typically investing between $3 million to $10 million in exchange for majority or significant minority positions. It targets a 25% allocation to South Africa-based companies, with the remainder invested across the broader sub-Saharan African region. The firm's strategy is underpinned by a deep understanding of local markets, gained through active local presence and market intelligence.
Top Stages
9 past transactions
Paga
Series B in 2018
Paga is a mobile payment company focused on creating a digital ecosystem for money transactions, primarily in Nigeria, where it is recognized as a leading provider in the sector. The company's application facilitates sending and receiving money through mobile devices, making financial services accessible to a broad audience. In addition to transferring funds, Paga's platform allows users to purchase airtime credits, pay bills, and make retail payments, addressing the growing demand for viable payment options. With an ambitious mission to simplify financial access for one billion people, Paga aims to overcome the challenges associated with traditional banking and enhance the overall financial inclusion in its target markets.
Paga
Series B in 2015
Paga is a mobile payment company focused on creating a digital ecosystem for money transactions, primarily in Nigeria, where it is recognized as a leading provider in the sector. The company's application facilitates sending and receiving money through mobile devices, making financial services accessible to a broad audience. In addition to transferring funds, Paga's platform allows users to purchase airtime credits, pay bills, and make retail payments, addressing the growing demand for viable payment options. With an ambitious mission to simplify financial access for one billion people, Paga aims to overcome the challenges associated with traditional banking and enhance the overall financial inclusion in its target markets.
SOLO Phone
Venture Round in 2014
SOLO Phone is a manufacturer of mobile devices focused on providing experience-driven digital content. The company's products are designed to enhance user engagement through innovative technology and features. In addition to mobile devices, SOLO Phone offers digital movie rental services and telecommunication solutions, allowing operators to deliver a fresh and customer-centered user experience. By emphasizing the integration of entertainment and telecommunications, SOLO Phone aims to redefine how users interact with digital content on their devices.
Rancard
Series B in 2013
Rancard is a technology company that specializes in developing a social recommendations engine called Rendezvous, which enhances online retail and location-based services through AI-driven insights. Established in October 2016 as a subsidiary of Rancard Holdings, the company focuses on automating personalized recommendations from users' social circles to address the limitations of conventional recommendation systems. By leveraging social data, Rancard aims to improve customer engagement and assist brands in refining their advertising strategies. The platform not only helps businesses understand consumer preferences but also facilitates targeted mobile advertising campaigns, ultimately enhancing digital marketing effectiveness and user acquisition.
Rancard
Series A in 2012
Rancard is a technology company that specializes in developing a social recommendations engine called Rendezvous, which enhances online retail and location-based services through AI-driven insights. Established in October 2016 as a subsidiary of Rancard Holdings, the company focuses on automating personalized recommendations from users' social circles to address the limitations of conventional recommendation systems. By leveraging social data, Rancard aims to improve customer engagement and assist brands in refining their advertising strategies. The platform not only helps businesses understand consumer preferences but also facilitates targeted mobile advertising campaigns, ultimately enhancing digital marketing effectiveness and user acquisition.
Paga
Series A in 2012
Paga is a mobile payment company focused on creating a digital ecosystem for money transactions, primarily in Nigeria, where it is recognized as a leading provider in the sector. The company's application facilitates sending and receiving money through mobile devices, making financial services accessible to a broad audience. In addition to transferring funds, Paga's platform allows users to purchase airtime credits, pay bills, and make retail payments, addressing the growing demand for viable payment options. With an ambitious mission to simplify financial access for one billion people, Paga aims to overcome the challenges associated with traditional banking and enhance the overall financial inclusion in its target markets.
Interswitch
Venture Round in 2011
Interswitch is an Africa-focused integrated digital payments and commerce company that has been operational since 2002. It specializes in transaction switching and electronic payments processing, building and managing payment infrastructure across the continent. Interswitch facilitates the electronic circulation of money and the exchange of value between individuals and organizations, ensuring timely and consistent transactions. By providing innovative payment products and transactional services, the company aims to help banks, institutions, and governments reduce costs, enhance operational efficiency, and drive sustainable revenue growth.
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