Magic Fund

Operator of a fintech company intended to simplify the lending process through its loan orientation channels which include USSD, web, mobile app, atm, and POS. The company provides credit infrastructure that automates lending processes for lenders and connects them to borrowers through various origination channels, helping clients with easy and fast access to credit.

Salescabal is a cloud retail application that allows merchants and retailers to collect customer data and engage with them on their different social network or via traditional media. Salescabal take business from offline to having a complete online presence with a storefront and a companion mobile app to collect customer data in their brick and mortar stores.

Klump is a digital lending platform that provides flexible payment solutions, allowing users to purchase products or services through manageable installment plans. The platform enables customers to acquire their desired items immediately while spreading the cost over four equal payments. By offering small loans tailored for convenient repayment, Klump aims to enhance the purchasing experience and make it more accessible for consumers.

Swipe allows small businesses to access finance by providing them with credit using its business credit card to help cover payroll and expenses.

VendEase is a marketplace that lets restaurants in Africa, order directly from farms and food manufacturers. Think of us as Instacart, but for businesses.

Brass is a digital bank based in Nigeria that focuses on supporting small and medium-sized businesses. It offers a range of products and tools designed to facilitate business growth. One of its key features is a free current account that can be opened easily from any device, without requiring monthly transactions or a minimum balance. This accessibility allows customers to benefit from essential financial tools and banking services tailored to enhance their business operations.

Mono is a financial data infrastructure company based in Nigeria, founded in 2020. It develops an application programming interface (API) platform that enables digital businesses in Africa to access customers' financial and identity data. Mono's services include generating bank statements, verifying account details, initiating payments, and conducting credit checks. The company serves a diverse range of clients, including fintech firms such as Carbon, Flutterwave, Indicina, and Renmoney, as well as various developers. Through its innovative platform, Mono aims to enhance financial accessibility and streamline transactions for businesses across the continent.

VendEase is a marketplace that lets restaurants in Africa, order directly from farms and food manufacturers. Think of us as Instacart, but for businesses.

Swipe allows small businesses to access finance by providing them with credit using its business credit card to help cover payroll and expenses.

Bongalow is a mobile-powered home financing marketplace that enables Africans at home and abroad shops for the best home loan to purchase their desired property.

Star Kitchens provides digital solutions to African food merchants enabling them to scale their business. It is building the future of food commerce by developing software with a full-stack approach. Star Kitchens is led by an experienced team with scale-up experience at leading African companies such as Jumia, IrokoTV, Konga, and Lambert. The company was founded in 2020 and is based in Lagos, Nigeria.

Bankly is a digital savings and peer to peer transfer product where users fund their wallet using tokens available on Bankly vouchers nationwide in a “Recharge to save” model. This cash digitisation system is similar to the telco mobile airtime top up and is currently available on MTN and 9mobile networks in Nigeria. Financial services has to be seen through the lenses of a fast moving consumer product in order to reach the last mile and the use of vouchers has been proven to be a successful cash digitisation system by the telecoms industry. Leveraging this existing consumer behaviour to drive financial inclusion, reduce cost of financial services and create a foundation to provide other financial services is where Bankly identifies huge potential and is poised to make an impact.

Mono is a financial data infrastructure company based in Nigeria, founded in 2020. It develops an application programming interface (API) platform that enables digital businesses in Africa to access customers' financial and identity data. Mono's services include generating bank statements, verifying account details, initiating payments, and conducting credit checks. The company serves a diverse range of clients, including fintech firms such as Carbon, Flutterwave, Indicina, and Renmoney, as well as various developers. Through its innovative platform, Mono aims to enhance financial accessibility and streamline transactions for businesses across the continent.

Eden Life, Inc. engages in providing housekeeping services for businesspersons. It offers laundry, meals, house cleaning, equipment maintenance, meal delivery, etc. The company operates an online platform and an application to book the services. The company is based in Lagos, Nigeria.

Eden Life, Inc. engages in providing housekeeping services for businesspersons. It offers laundry, meals, house cleaning, equipment maintenance, meal delivery, etc. The company operates an online platform and an application to book the services. The company is based in Lagos, Nigeria.

Evolve Credit Limited is a financial technology company based in Lagos, Nigeria, established in 2020. It operates an online platform that empowers consumers to compare various loan products available in the marketplace. Users can access expert reviews and ratings, allowing them to evaluate options based on price, interest rates, and other terms. The platform caters to a diverse range of lending needs, including personal loans, small and medium enterprise (SME) loans, and loans targeted at salary earners and unemployed individuals. Evolve Credit aims to simplify the loan selection process, enabling users to make informed decisions and apply for loans that best suit their financial requirements.

Evolve Credit Limited is a financial technology company based in Lagos, Nigeria, established in 2020. It operates an online platform that empowers consumers to compare various loan products available in the marketplace. Users can access expert reviews and ratings, allowing them to evaluate options based on price, interest rates, and other terms. The platform caters to a diverse range of lending needs, including personal loans, small and medium enterprise (SME) loans, and loans targeted at salary earners and unemployed individuals. Evolve Credit aims to simplify the loan selection process, enabling users to make informed decisions and apply for loans that best suit their financial requirements.

Indicina Technologies Limited is a Lagos-based company that offers a digitized credit analysis platform designed to enhance consumer finance strategies. The platform serves banks, insurers, consumer finance firms, and retail merchants by enabling them to develop credit rules and models, conduct credit assessments and scoring, manage loan portfolios comprehensively, and streamline loan collections. By leveraging analytics-driven insights, Indicina facilitates informed credit decisions for lenders, thereby improving the efficiency and effectiveness of the lending process.

Bamboo is a digital investment platform based in Lagos, Nigeria, that allows users to buy, hold, or sell stocks listed on the United States and Nigerian stock markets. The platform offers real-time access to stock trading through a mobile application and web interface, making it convenient for users to manage their investments from various devices. By focusing on user-friendly technology, Bamboo aims to simplify the investment process for individuals looking to participate in global financial markets.