Stacs
Pre Seed Round in 2023
Stacs allows you to quickly pay for what you need without breaking the bank by dividing your largest bills into tiny bits.
Rayda
Pre Seed Round in 2023
Rayda is an asset lifecycle management company that offers a comprehensive platform for organizations to acquire, manage, insure, and dispose of fixed assets on a global scale. The company enables businesses to monitor their assets in real time, providing tools for asset management, insurance, and tracking. Its platform generates automated signals to alert users when maintenance, repairs, or replacements are necessary, allowing organizations to optimize their asset investments and gain valuable insights into their fixed asset portfolios. By streamlining asset management processes, Rayda helps businesses enhance operational efficiency and reduce costs associated with asset upkeep and replacement.
Voyance
Pre Seed Round in 2022
Voyance is a big data company that leverages machine learning to help businesses make informed predictions about future outcomes. Its platform simplifies data science by acquiring, validating, storing, and securing data while also managing administrative tasks related to data preparation and analysis. This includes cleaning and planning data, as well as generating reports to facilitate stakeholder engagement. Voyance’s technology enables organizations to address critical questions, such as forecasting revenue, detecting fraudulent transactions, and assessing customer churn. The company is currently piloting its services with various institutions, including banks and fintech firms, across Africa and the United Arab Emirates.
Knabu Distributed Systems
Seed Round in 2021
We are a DLT company based in London and have started our bank authorization process to solve the problem of denial of bank accounts to blockchain businesses. We are building a Utility Bank from scratch & engineering it to leverage DLT.
Edves Limited is a company that specializes in developing school management software aimed at automating various educational processes. Founded in 2016 and based in Lagos, Nigeria, Edves provides a comprehensive platform that addresses enrollment, payment processing, e-learning, and performance analytics for K-12 schools. Serving over 1,700 schools across 11 countries in Africa, the software facilitates online learning through features such as e-books, video tutorials, and virtual classrooms. Additionally, it offers tools for school administrators to track fee defaulters, generate reports, and monitor student performance, thereby enhancing the overall educational experience and operational efficiency of institutions.
eBanqo is a customer engagement software-as-a-service (SaaS) provider that enables organizations to automate their customer-facing services and enhance issue resolution. The platform allows businesses to extend their services across various digital channels, including web chat, in-app chat, social media, USSD, and SMS, facilitating seamless connectivity and prompt resolution of customer inquiries. Leveraging advanced artificial intelligence technology, eBanqo ensures that businesses can deliver consistent and personalized interactions across all platforms, fostering customer loyalty and brand affinity. By offering automated customer support, self-service options, and multi-channel live chat capabilities, eBanqo significantly reduces operational costs while improving customer satisfaction and retention. Its comprehensive approach allows businesses to consolidate their engagement channels into a unified omnichannel platform, enhancing accessibility and responsiveness to customer needs.
Smile ID (formerly Smile Identity)
Series A in 2021
Smile Identity Inc. is a technology company based in San Francisco, California, that focuses on identity verification solutions. Founded in 2016, the company has developed an application called SmartSelfie, which allows users to create a universal biometric for authentication on Android devices. The team comprises engineers and financial services professionals from both the United States and Africa, bringing expertise in global markets with a focus on highly regulated environments. Smile Identity has developed advanced encryption, authentication, and security solutions, as well as image processing technology. The company has experience working with telecoms, lenders, banks, and startups, enabling them to understand the unique challenges faced by consumers and enterprises in Africa. With support from prominent investors in Silicon Valley and Africa, Smile Identity has established a pan-African presence, operating in countries such as South Africa, Nigeria, Kenya, Ghana, and Rwanda.
AjoCard
Seed Round in 2021
AjoCard is a financial services provider focused on serving underserved and unbanked consumers by facilitating seamless financial transactions. The company leverages its expertise in financial technology to offer solutions that reduce barriers to accessing cash and other financial services. AjoCard enables customers to conveniently obtain cash from their debit cards in areas lacking ATMs, allowing them to engage in transactions without the need for cash in remote locations. Additionally, the company provides mobile point-of-sale hardware and software, along with lending, savings, and health insurance services, thereby enhancing the digital financial landscape for both businesses and consumers.
AfricaWeb
Seed Round in 2021
AfricaWeb is a company that specializes in providing comprehensive solutions for advertisers and publishers within the African web ecosystem. It offers a range of advertising services, including display advertising, programmatic guaranteed options, and self-service advertising, as well as targeted approaches through various channels such as social media, SMS, and email. Additionally, AfricaWeb develops custom-built content management system technology, which enhances the publishing experience by offering services like hosting, monetization, and content creation. Through its platforms, the company aims to support advertisers in building brand awareness and increasing sales while enabling publishers to drive online traffic and optimize their revenue streams.
BFree is a company that specializes in credit management, aiming to enhance the credit collection process through innovative technology. It develops a platform that utilizes artificial intelligence to create ethical credit management tools, prioritizing the financial health of consumers. BFree's approach is centered on helping customers regain control over their finances by facilitating self-administered loan repayments. The company focuses on making the collection process more scalable, efficient, and user-friendly, particularly for individuals in emerging markets. By equipping users with essential financial knowledge and personal budgeting skills, BFree strives to lead customers out of debt sustainably.
BetaStore
Seed Round in 2021
BetaStore is a business-to-business marketplace designed to connect informal retailers in Africa directly with wholesalers and manufacturers. By facilitating access to goods at wholesale prices, BetaStore enables small retailers to source their inventory without the need to close their shops or navigate multiple suppliers. The company also offers working capital support, allowing retailers to manage their purchases more effectively without overstocking. Additionally, through its platform, BetaStore is able to assess the risk profiles of its retail partners, enabling tailored payment solutions and improving access to commercial lending. This approach addresses the significant challenges in the $270 billion wholesale and retail market in Africa, where over 90% of sales occur through informal channels.
Produce Africa
Seed Round in 2020
Produce Africa Technologies Limited is a technology driven organization which provides farmers with access to finance, insight to improve their productivity and an end market for their harvest.
Produce Africa
Seed Round in 2020
Produce Africa Technologies Limited is a technology driven organization which provides farmers with access to finance, insight to improve their productivity and an end market for their harvest.
TaxiTV is an advertising technology company that specializes in providing entertainment within ride-sharing vehicles. The company offers a platform that displays high-quality video and interactive content, including documentaries, comedies, neighborhood insights, news, sports, and weather updates. This diverse range of content aims to enhance the passenger experience during their journeys. TaxiTV's technology allows brands to effectively advertise to consumers in a dynamic manner, customizing each brand experience while also capturing valuable data to help generate leads.