DFS Lab

Stable Sea operates a global platform that facilitates the conversion of stablecoins to traditional currencies, ensuring compliance and cost-effectiveness. This service bridges the gap between digital and traditional finance, enabling businesses to access competitive foreign exchange rates and expand their operations.

ChowCentral is an online food delivery platform that delivers food from different restaurants to customers.

Chargel is a freight brokerage platform that facilitates the connection between shippers and carriers seeking available loads. The company focuses on matching shippers with suitable transporters at competitive rates. Its platform enables carriers to locate freight opportunities at any time, minimizing empty miles and enhancing revenue potential. Additionally, Chargel offers various value-added services, including GPS plotters, assistance with discounted fuel purchases, and support for repairs in case of breakdowns. By streamlining the logistics process, Chargel provides shippers access to cost-effective transportation solutions while helping carriers maximize their earnings.

Payday is a fintech platform that provides global payment solutions such as virtual mastercards and payments for foreign employees. Payday can also be used to handle payroll, taxes, and compliance by foreign companies with African employees. Payday was established on May 1, 2021 in Vancouver, British Columbia by Favour Ori.

Terraa is a B2B distribution platform based in Morocco that focuses on the fresh food supply chain. The company specializes in the storage and distribution of produce collected directly from farmers, including vegetables, fruits, and dried fruits. Terraa's platform ensures that these products are weighed, graded by quality, and processed under hygienic conditions. By streamlining the distribution process, Terraa offers resellers fair pricing on food products while also helping them save time and reduce transport and storage costs.

Cutstruct operates a technology-driven platform designed to enhance the efficiency and cost-effectiveness of construction projects. The platform serves various construction needs, including price discovery and comparison of materials, optimized procurement processes, and comprehensive project monitoring and management. By facilitating the purchasing of materials, hiring of labor, and overseeing of project logistics, Cutstruct aims to empower construction stakeholders to execute their projects with greater confidence and value. The company's applications are geared towards maximizing the potential of every investment in construction, making it easier for individuals and businesses to navigate the building process.

Bumpa is a company that develops a digital commerce infrastructure platform tailored for Micro, Small, and Medium Enterprises (MSMEs) across Africa. Its user-friendly mobile application allows small business owners to establish an online presence, showcase their products, and securely process payments. Bumpa also provides tools for recording sales data, issuing professional invoices and receipts, and accessing comprehensive financial reports. By enabling efficient order management and offering essential digital tools, Bumpa seeks to empower African sellers and transform the e-commerce landscape, helping businesses start, manage, and grow successfully from their mobile devices.

Tanda is a fintech startup focused on enhancing access to essential digital financial services for micro, small, and medium enterprises (MSMEs) across Africa. The company provides micro-retailers with inventory credit and enables them to serve as access points for various essential services, including airtime, utility payments, mobile banking, and insurance. With micro-retailers supplying over 70% of essential goods in Africa, Tanda aims to address the significant financing gap faced by these businesses, as over 90% lack credit history or access to traditional financing. By offering a virtual wallet and money transfer API, Tanda allows micro-retailers to diversify their income through commissions earned from services such as bill payments and airtime purchases, thereby promoting financial inclusion for low-income MSMEs across the continent.

Logistics Hub is a technology-driven freight and logistics company that specializes in last-mile delivery solutions. It offers a digital platform enabling businesses to schedule deliveries, connect with riders, and monitor progress in real-time. The company's services cater to various needs, including on-demand e-commerce deliveries, inter-state transportation, and import services, all aimed at streamlining workflows and enhancing customer satisfaction.

Pastel is a company focused on supporting African businesses by providing financial applications that enhance operational efficiency. It offers various tools, including quick receipt management, bookkeeping solutions, and financing options tailored for small businesses in developing countries. By leveraging artificial intelligence and data science, Pastel develops digital tools that empower clients to improve their financial accountability and streamline their business processes. The company's mission is to unlock the potential of these businesses, enabling them to thrive in a competitive landscape.

Terminal Africa is a delivery aggregator platform that facilitates the efficient sending and receiving of products worldwide. By partnering with a range of local and international courier services, the company streamlines the delivery process. When a request is made, Terminal Africa transmits the relevant information directly to the selected delivery partner, allowing both individuals and businesses to execute shipments quickly and effectively. Additionally, the company offers eCommerce, logistics, and payment solutions, aiming to simplify operations for entrepreneurs.

Tushop is a community group buying platform that enables members to sell groceries within their social networks and communities. By aggregating local demand for groceries, Tushop allows users to access wholesale prices, making essential items more affordable. The platform also provides convenient delivery options, ensuring that customers receive their purchases efficiently. Through this approach, Tushop aims to enhance the livelihoods of communities by facilitating access to necessary goods while fostering local connections.

Caantin AI focuses on enhancing the operational efficiency of restaurants in Africa by providing a comprehensive platform for managing food supply procurement, payments, and short-term credit. The company has developed software that simplifies vendor management and streamlines procurement processes, facilitating easier onboarding and operations for food businesses. By offering tools for supplier payments and inventory financing, Caantin aims to improve customer satisfaction and overall business outcomes for its clients. Additionally, the platform includes features such as payment reminders and systems for collecting payments, which help restaurants manage accounts receivable more effectively. Through these services, Caantin AI seeks to significantly increase the contribution of the restaurant sector to the global economy.

NALA Incorporation Company Limited is a FinTech firm based in Dar es Salaam, Tanzania, founded in 2017. The company develops a mobile payments application that facilitates various financial transactions, including bill payments, peer-to-peer transfers, and airtime top-ups, all without requiring an internet connection. NALA's platform is designed to enhance financial inclusion by providing services that cater to users in regions with limited internet access. The application incorporates bank-grade security encryption and multi-factor authentication to ensure the safety of transactions. Additionally, NALA offers budgeting tools and transaction history tracking, enabling users to manage their finances effectively. Through its services, NALA aims to simplify mobile money transfers for Africans worldwide and support international payments.

SendChamp is a unified communications platform designed specifically for businesses in Africa, facilitating improved communication and stronger relationships with customers. The company provides Communication APIs and a comprehensive CRM that enable developers and businesses to connect with their audiences through various messaging channels, including SMS, email, voice, and popular digital platforms like WhatsApp. With a focus on enhancing customer onboarding, engagement, service, and retention, SendChamp offers both API solutions and no-code tools that cater to the diverse needs of its users. This all-in-one business communication application empowers organizations to personalize their outreach and enhance customer interactions effectively.

Tushop is a community group buying platform that enables members to sell groceries within their social networks and communities. By aggregating local demand for groceries, Tushop allows users to access wholesale prices, making essential items more affordable. The platform also provides convenient delivery options, ensuring that customers receive their purchases efficiently. Through this approach, Tushop aims to enhance the livelihoods of communities by facilitating access to necessary goods while fostering local connections.

PesaKit is an artificial intelligence-powered platform based in Nairobi, Kenya, established in 2018. It specializes in providing digital solutions for mobile money agents and merchants, focusing on last-mile distribution and access channels in the African market. The company’s software application features an AI-driven virtual assistant that helps users efficiently manage liquidity and conversion processes. By offering a seamless and interoperable interface, PesaKit aims to enhance financial inclusion and streamline operations for mobile finance agents, thereby supporting the growth of digital financial services across the continent.

Appetito is an online grocery delivery platform that specializes in providing customers with a variety of food and grocery products. The company focuses on delivering daily fresh baked goods, along with a wide selection of savory and sweet snacks. By offering convenience and quality, Appetito enables customers to easily order essential items and have them delivered directly to their doorstep, enhancing the grocery shopping experience.

Bumpa is a company that develops a digital commerce infrastructure platform tailored for Micro, Small, and Medium Enterprises (MSMEs) across Africa. Its user-friendly mobile application allows small business owners to establish an online presence, showcase their products, and securely process payments. Bumpa also provides tools for recording sales data, issuing professional invoices and receipts, and accessing comprehensive financial reports. By enabling efficient order management and offering essential digital tools, Bumpa seeks to empower African sellers and transform the e-commerce landscape, helping businesses start, manage, and grow successfully from their mobile devices.

The ANDO platform offers an end-to-end technology stack that begins when an order is placed and ends when an order is delivered and guest feedback is collected. The company's technologically advanced commercial kitchens ensure that all food is produced while keeping very sensitive prep times and quality requirements in mind.

GoBeba is a quick-commerce retailer specializing in essential household goods and groceries, operating a network of micro-fulfillment centers to enhance delivery efficiency. The company provides a multi-channel ordering system, allowing consumers to easily access frequently purchased products such as grocery items, food delivery, and utilities like LPG gas and drinking water. Backed by an AI-driven logistics and inventory management system, GoBeba aims to deliver daily essentials within 30 minutes. By aggregating demand through a curated digital marketplace, the company connects local merchants with consumers and logistics service providers, ensuring that customers can conveniently obtain essential commodities at affordable prices.

Rivy is making it easier to finance small and medium sized businesses in Africa. There is a need for financing of $158 bn for SMEs in Nigeria alone. To start, Rivy o helps SMEs access and spend lender capital effectively. During their first full operational year in 2020, the Rivy o co--founders leveraged their domain expertise and founding experience to beat their 2020 goal by 50%.

Caantin AI focuses on enhancing the operational efficiency of restaurants in Africa by providing a comprehensive platform for managing food supply procurement, payments, and short-term credit. The company has developed software that simplifies vendor management and streamlines procurement processes, facilitating easier onboarding and operations for food businesses. By offering tools for supplier payments and inventory financing, Caantin aims to improve customer satisfaction and overall business outcomes for its clients. Additionally, the platform includes features such as payment reminders and systems for collecting payments, which help restaurants manage accounts receivable more effectively. Through these services, Caantin AI seeks to significantly increase the contribution of the restaurant sector to the global economy.

Boost Technology provides financial B2B commerce platforms. The company provide services that create a tipping point and services that listen, learn, build, and iterate on a shared platform. Boost assists distributors in the trillion-dollar informal economy. Boost is a single, adaptable platform that allows clients to be served in numerous languages and currencies, with multiple catalogues and prices available across channels.

ORDA is a cloud-based restaurant operating system built for African chefs and food business owners. ORDA's ePos, integrations, and lending solutions enable Africa’s millions of food business owners to scale and grow their business. The company was founded in 2020 and is based in Lagos, Nigeria.

ORDA is a cloud-based restaurant operating system built for African chefs and food business owners. ORDA's ePos, integrations, and lending solutions enable Africa’s millions of food business owners to scale and grow their business. The company was founded in 2020 and is based in Lagos, Nigeria.

Side is an e-commerce distribution channel that leverages the power of “community” or “group buying” to provide goods to end customers more cheaply.

GoBeba is a quick-commerce retailer specializing in essential household goods and groceries, operating a network of micro-fulfillment centers to enhance delivery efficiency. The company provides a multi-channel ordering system, allowing consumers to easily access frequently purchased products such as grocery items, food delivery, and utilities like LPG gas and drinking water. Backed by an AI-driven logistics and inventory management system, GoBeba aims to deliver daily essentials within 30 minutes. By aggregating demand through a curated digital marketplace, the company connects local merchants with consumers and logistics service providers, ensuring that customers can conveniently obtain essential commodities at affordable prices.

Tanda is a fintech startup focused on enhancing access to essential digital financial services for micro, small, and medium enterprises (MSMEs) across Africa. The company provides micro-retailers with inventory credit and enables them to serve as access points for various essential services, including airtime, utility payments, mobile banking, and insurance. With micro-retailers supplying over 70% of essential goods in Africa, Tanda aims to address the significant financing gap faced by these businesses, as over 90% lack credit history or access to traditional financing. By offering a virtual wallet and money transfer API, Tanda allows micro-retailers to diversify their income through commissions earned from services such as bill payments and airtime purchases, thereby promoting financial inclusion for low-income MSMEs across the continent.

Koa is a savings and financial services platform that specializes in providing technology solutions and financial service applications through its API. Co-founded by Alexis Roman and Delila Kidanu, Koa focuses on delivering savings-as-a-service by integrating financial services into various applications. The company aims to enhance user experiences with innovative financial tools while ensuring accessibility and ease of use for its clients.

TaniHub is a Jakarta-based B2B agriculture marketplace established in 2015 that connects local farmers with businesses in the food service industry, including hotels, restaurants, and catering services. The company provides an e-commerce platform for agricultural products, facilitating market access for farmers and enabling them to sell their crops to various customers, including micro, small, and medium enterprises (MSMEs). By empowering local farmers with enhanced market access and financial opportunities, TaniHub plays a significant role in promoting agricultural sustainability and economic growth in Indonesia.

NALA Incorporation Company Limited is a FinTech firm based in Dar es Salaam, Tanzania, founded in 2017. The company develops a mobile payments application that facilitates various financial transactions, including bill payments, peer-to-peer transfers, and airtime top-ups, all without requiring an internet connection. NALA's platform is designed to enhance financial inclusion by providing services that cater to users in regions with limited internet access. The application incorporates bank-grade security encryption and multi-factor authentication to ensure the safety of transactions. Additionally, NALA offers budgeting tools and transaction history tracking, enabling users to manage their finances effectively. Through its services, NALA aims to simplify mobile money transfers for Africans worldwide and support international payments.

Veridium Ltd is a technology company based in Quincy, Massachusetts, specializing in biometric authentication solutions. Founded in 2015, Veridium has developed the VeridiumID platform, which integrates biometric capabilities into mobile applications through a front-end software development kit (SDK). The company also provides VeridiumAD, an enterprise solution that enhances Microsoft Active Directory and Azure AD with biometric authentication. Additionally, Veridium offers the 4 Fingers TouchlessID system, a multi-finger contactless biometric solution compatible with standard smartphones, and the 4 Fingers Export SDK for capturing fingerprint biometrics. Veridium positions itself as a leader in passwordless authentication, leveraging AI-based behavioral biometrics to deliver multi-factor authentication and digital identity verification for both employees and clients.

NALA Incorporation Company Limited is a FinTech firm based in Dar es Salaam, Tanzania, founded in 2017. The company develops a mobile payments application that facilitates various financial transactions, including bill payments, peer-to-peer transfers, and airtime top-ups, all without requiring an internet connection. NALA's platform is designed to enhance financial inclusion by providing services that cater to users in regions with limited internet access. The application incorporates bank-grade security encryption and multi-factor authentication to ensure the safety of transactions. Additionally, NALA offers budgeting tools and transaction history tracking, enabling users to manage their finances effectively. Through its services, NALA aims to simplify mobile money transfers for Africans worldwide and support international payments.

Nobuntu is a South African company focused on designing and distributing community-oriented savings products aimed at enhancing retirement preparedness for individuals. With a mission to ensure that all South Africans can age comfortably, Nobuntu offers innovative solutions that include funeral cover and pension savings products. These services are crafted to support employees and their families, enabling them to benefit from a community-driven approach to savings and insurance. By addressing the challenges of retirement planning, Nobuntu seeks to transform the retirement savings landscape in South Africa, ensuring that comfort in old age is accessible to everyone, regardless of their initial planning efforts.

Cherehani Africa is a financial platform dedicated to empowering women micro-entrepreneurs in rural and underserved regions. By utilizing proprietary technology, the company enhances the efficiency of capital deployment, allowing for a threefold increase in operational effectiveness. Its business model integrates technology with a personal touch, providing credit to women through a structure based on established micro-savings groups. Cherehani Africa also focuses on delivering market information and financial education, which are accessible via a web-based platform and supplemented by in-person field visits. The services offered include asset financing for essential tools, loans for agriculture, water, sanitation, and hygiene, all aimed at helping women start and grow their micro businesses while improving their financial stability.

Inclusive Financial Technologies is a Ghana-based company established in 2016 that develops a mobile application designed to assist financial institutions in reaching customers through digital channels, including USSD and the web. The company specializes in ID verification and multi-factor authentication specifically tailored for Sub-Saharan Africa, utilizing a single API for streamlined integration. Its offerings encompass user onboarding, compliance with KYC and AML regulations, fraud detection, and document authentication. By leveraging technologies such as machine learning, forensics, imaging, and voice capture, Inclusive Financial Technologies aims to facilitate financial access for unbanked individuals by enabling the creation of thin file identities. The company's key products include Smart Bank, Inclusive ID, and iCapture.

Pezesha is a digital financial marketplace based in Nairobi, Kenya, founded in 2016. The company focuses on connecting small and medium-sized businesses (SMBs) to various financial resources, including working capital, float financing, and LPO financing. By leveraging credit and data analytics, Pezesha facilitates affordable credit options for underserved micro-businesses, enabling them to access the formal financial system. The platform serves as a bridge between lenders and low-income borrowers, promoting a shared economy and broadening financial access for SMBs. Through its innovative approach, Pezesha aims to be a leading player in Africa's digital financial landscape, enhancing the growth potential of small businesses across the region.

Serv'd is an impact enterprise dedicated to enhancing financial inclusion and economic empowerment for domestic help workers, including maids, cooks, nannies, and drivers. By leveraging technology, the company aims to organize the currently unstructured sector, providing a dignity-driven professional approach to this workforce. Serv'd has developed a payment management application that facilitates the management of payments, attendance, and contractual terms, streamlining the processes for contract workers. This innovative solution not only simplifies payment and working hour management but also contributes to the overall professionalization of the domestic help sector.