Stable Sea
Seed Round in 2025
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
Pre Seed Round in 2023
ChowCentral is an online food delivery platform that delivers food from different restaurants to customers.
Chargel
Seed Round in 2023
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
Pre Seed Round in 2023
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
Pre Seed Round in 2022
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
Pre Seed Round in 2022
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
Seed Round in 2022
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.
Tushop
Pre Seed Round in 2022
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
Seed Round in 2022
Caantin empowers African restaurants by providing a platform for procuring food supplies, accessing short-term credit, and managing business operations.
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
Angel Round in 2021
Sendchamp specializes in Communication APIs and CRM tools tailored for African businesses. It enables developers and companies to engage customers via SMS, email, voice calls, WhatsApp, and other digital messaging platforms, facilitating customer onboarding, engagement, service, and retention.
Tushop
Pre Seed Round in 2021
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
Pre Seed Round in 2021
PesaKit is a platform for last-mile agent networks in Africa that provides inclusive, interoperable digital and financial access for mobile money agents and merchants. It features an AI-powered virtual assistant via an API-driven interface to digitize distribution and access channels for mobile money and digital finance, enabling liquidity management and conversion processes for agents. Founded in 2018 and headquartered in Nairobi, Kenya.
Appetito
Seed Round in 2021
Appetito specializes in delivering fresh baked goods, groceries, and a variety of savory and sweet snacks directly to customers' doors.
Bumpa
Pre Seed Round in 2021
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.
Ando Foods
Pre Seed Round in 2021
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
Pre Seed Round in 2021
GoBeba is an online retailer specializing in delivering daily essentials such as groceries and household goods within 30 minutes. It operates a network of micro-fulfillment centers and uses AI-powered logistics for efficient delivery.
Rivy
Pre Seed Round in 2021
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
Pre Seed Round in 2021
Caantin empowers African restaurants by providing a platform for procuring food supplies, accessing short-term credit, and managing business operations.
Boost Technology
Funding Round in 2021
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
Pre Seed Round in 2021
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
Non Equity Assistance in 2021
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
Pre Seed Round in 2021
GoBeba is an online retailer specializing in delivering daily essentials such as groceries and household goods within 30 minutes. It operates a network of micro-fulfillment centers and uses AI-powered logistics for efficient delivery.
Tanda
Venture Round in 2021
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
Pre Seed Round in 2020
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
Pre Seed Round in 2018
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
Seed Round in 2018
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
Seed Round in 2018
Cherehani Africa is a fintech company empowering women micro-entrepreneurs in underserved African regions. It combines technology and human touch to provide credit, market information, and financial education via its proprietary platform.
Inclusive Financial Technologies
Non Equity Assistance in 2017
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
Angel Round in 2016
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.