EchoVC Partners
EchoVC Partners is a venture capital firm based in Lagos, Nigeria, specializing in seed and early-stage investments across various technology sectors. The firm focuses on internet technologies, including consumer internet, smart graph platforms, and applications, as well as smart data technologies such as machine learning and predictive analytics. EchoVC also invests in e-commerce, digital media, and enterprise solutions, with particular attention to underserved entrepreneurs and regions in North America, Africa, and Southeast Asia. The average investment size ranges from $25,000 to several million dollars, depending on the specific opportunity and business needs. By leveraging insights from Silicon Valley, EchoVC Partners aims to foster local entrepreneurial ecosystems, support high-potential growth companies, and promote mentorship and knowledge transfer among diverse markets.
Wapi Pay is a financial technology company that provides a payments gateway facilitating digital transactions between Africa and Asia through mobile money and bank accounts. Founded in 2019 and headquartered in Nairobi, Kenya, with additional offices in Africa, Singapore, and Beijing, Wapi Pay offers platform-to-platform integrations, global accounts, and virtual wallets. The company enables organizations to process bulk payments across multiple mobile platforms, catering to needs such as salary disbursement and business purchases. Wapi Pay's services are designed to be faster and more cost-effective than traditional telegraphic transfers, allowing customers to choose various payment methods, including bank-to-bank and wallet-to-wallet transfers. Its proprietary infrastructure ensures instant liquidity and compliance, with transaction completion guaranteed within 24 hours. The platform supports mass payments for corporate clients, merchant transactions for small and medium-sized enterprises, and peer-to-peer payments, positioning itself as a leading financial solution for cross-border payments.
MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.
QuickBus operates as an online marketplace ticketing system. QuickBus allows users to see reviews for different buses in Africa and book their seats online through its mobile application.
Lori Systems Corp. develops, owns, and operates a logistics platform that helps to connect transport with cargo. It serves transporters and cargo owners. The company was founded in 2016 and is based in Nairobi, Kenya with additional offices in Mombasa, Kenya; Kampala, Uganda; and Lagos, Nigeria.
Ma3Route is a mobile, web, and SMS platform that crowd-sources for transport data and provides users with information on traffic, matatu directions, and driving reports. It aims to make traveling easier in developing countries by democratizing timely transport information. The platform also hopes to bring sanity to the roads and inform city planning and transport regulation in emerging economies through the provision of transport data and trend analysis. Ma3Route was launched in 2011 and is based in Ngong, Kenya.