Workpay, established in 2017 and headquartered in Nairobi, Kenya, specializes in providing cloud-based payroll, benefits, and human resource management software tailored for small and medium-sized businesses in Africa. Its comprehensive solution includes time and attendance tracking, HR and payroll processing, employee self-service management, and payment processing, including support for mobile wallets. Workpay simplifies employee management and ensures compliance, enabling businesses to hire both local and remote teams across Africa without the need for local entities.
mTek Services
Funding Round in 2024
mTek Services operates a digital online insurance platform designed to create a fully paperless ecosystem for the insurance industry. The platform enables customers to access a variety of insurance products, allowing them to purchase policies directly from insurers, compare different options, and file claims using their smart devices. This streamlined approach facilitates easy management of insurance portfolios, helping clients secure their families and assets effectively. By focusing on digital solutions, mTek Services aims to enhance the customer experience in the insurance sector.
Zone is a regulated blockchain network that facilitates the acceptance and payment of digital currencies. As a blockchain services company, it provides a secure and efficient infrastructure for transactions, promoting the use of digital assets in various applications. By leveraging blockchain technology, Zone aims to enhance financial transactions through increased transparency and reduced costs, catering to businesses and consumers looking to integrate digital currencies into their operations.
Cloudline
Seed Round in 2023
Cloudline is a cloud-based platform designed to support leisure and entertainment businesses in enhancing their operations. By offering a comprehensive suite of tools, Cloudline enables these organizations to increase sales, lower operational costs, and provide personalized experiences for their customers. The platform includes visitor experience and site management technology that automates ordering workflows, allowing businesses to manage their operations more efficiently. This focus on automation and customer satisfaction helps organizations consistently engage and delight their visitors, ultimately driving growth and improving overall performance in the leisure and entertainment sectors.
Cloudline
Seed Round in 2023
Cloudline is a logistics services provider that utilizes lighter-than-air technology powered by solar energy to facilitate emissions-free aviation. The company operates remotely piloted long-range autonomous airships capable of transporting large payloads, gathering data, and conducting maintenance inspections. Its primary mission is to connect isolated communities worldwide to the global supply chain through drone deliveries, particularly in rural villages, island nations, and disaster-stricken areas, enabling access to international aid without significant infrastructure investments.
Chefaa, founded in 2017 and based in Cairo, Egypt, operates a smart medicine system application that connects patients with local pharmacies. The platform enables users to order medications online, schedule their pharmacy needs, and set reminders for their prescriptions. Utilizing artificial intelligence and GPS technology, Chefaa aims to improve chronic illness management through a patient-centric approach, enhancing accessibility and affordability for consumers. By digitizing pharmacy services, the application facilitates efficient medicine delivery, significantly reducing waiting times and effort for patients in managing their healthcare needs.
Chari
Venture Round in 2023
Chari is an e-commerce and fintech platform designed to support traditional retailers in French-speaking Africa by enabling them to order consumer goods efficiently. Through its application, retailers can conveniently place orders for fast-moving consumer goods, which are delivered for free within 24 hours. In addition to its logistics services, Chari provides financial support to these retailers by offering microloans, facilitating their operational needs and growth. The company's mission centers on empowering entrepreneurs by ensuring a reliable supply of goods and access to financial resources, simplifying the process of digitizing their retail operations.
Shuttlers
Seed Round in 2023
Shuttlers is a technology-driven bus-sharing company that offers scheduled transportation services aimed at professionals in metropolitan areas. The company provides a platform that allows users to find, book, and share bus rides for their daily commutes to work and home. By focusing on efficiency, comfort, and safety, Shuttlers aims to enhance the commuting experience, making it more accessible and affordable for its customers. Through its innovative approach, the company seeks to streamline urban transportation and provide a reliable alternative to traditional commuting options.
KOKO Networks
Funding Round in 2022
KOKO Networks Ltd is a technology company founded in 2014 and based in Nairobi, Kenya, with additional offices in East Africa and India. The company develops a platform aimed at enhancing smart commerce in urban Africa. KOKO's innovative suite of technologies connects suppliers, retailers, and customers, facilitating the delivery of various consumer and business solutions designed to improve quality of life in African cities. Through its operations, KOKO Networks addresses the unique challenges of emerging markets by leveraging technology to streamline commerce and enhance accessibility to essential services.
Ceviant
Venture Round in 2022
Ceviant Finance specializes in cloud-based treasury and payment automation solutions. The company provides a comprehensive platform designed to enhance cash and treasury management for businesses. Its offerings include services such as cash liquidity management, virtual accounts, receivables management, electronic invoicing, and working capital loans aimed at facilitating international trade. By enabling businesses to manage multiple bank accounts and centralize their payment processes, Ceviant Finance helps streamline financial operations and improve efficiency in cash forecasting and trade financing.
Tagaddod
Seed Round in 2022
Tagaddod is a renewable energy and waste management company based in Giza, Egypt, founded in 2013. The company specializes in producing bio-diesel from waste vegetable oil, offering a sustainable alternative to conventional petroleum diesel. By converting waste materials into clean fuels, Tagaddod aims to empower communities and businesses to create a positive environmental impact while addressing energy needs. Through its focus on renewable energy and waste management, Tagaddod contributes to reducing pollution and promoting sustainability in the region.
Moove is a mobility fintech company focused on providing revenue-based vehicle financing to mobility entrepreneurs across Africa. By leveraging embedded alternative credit-scoring technology, Moove integrates its services within ride-hailing, logistics, and last-mile delivery platforms. This innovative approach allows the company to assess the performance and revenue of mobility entrepreneurs, enabling it to underwrite loans for individuals who have been historically excluded from traditional financial services. Through its unique model, Moove aims to democratize vehicle ownership and enhance access to financial resources for a growing number of mobility operators in the region.
Nowpay
Venture Round in 2021
NowPay, Inc. is a FinTech company based in Cairo, Egypt, established in 2018, that aims to enhance the financial wellness of corporate employees. The company operates an online platform that enables employees to access a portion of their salaries in advance at any time during the month, thereby providing financial flexibility. Through its mobile application, users can manage personal finances, track savings, spending, budgeting, and borrowing, as well as receive detailed information about their salary, balance, and eligible loan amounts. By collaborating with employers, NowPay facilitates salary advances that can be repaid over multiple months without incurring additional liabilities, ultimately fostering employee happiness, productivity, and loyalty within organizations.
Nawy is a real estate platform that streamlines the property buying and selling process through a digital interface. It offers users the ability to browse a wide selection of properties, including houses in gated communities. By integrating top real estate agents with advanced technology and resources, Nawy enhances the search and transaction experience for customers. The platform provides essential information, empowering users to make informed decisions when purchasing a home.
Julaya is a fintech company that provides African businesses with a comprehensive digital platform for managing payments and financial transactions. The platform enables businesses to disburse mobile money transactions to employees and suppliers while also offering virtual and physical prepaid cards. Julaya's software facilitates various financial activities, including paying utility bills, reloading credit cards, and transferring money. Additionally, it supports cash collection for fast-moving consumer goods and retailers, and provides access to digital loans. By digitizing operations through its platform, Julaya empowers businesses to utilize new digital payment methods and streamline their financial processes.
Nawy is a real estate platform that streamlines the property buying and selling process through a digital interface. It offers users the ability to browse a wide selection of properties, including houses in gated communities. By integrating top real estate agents with advanced technology and resources, Nawy enhances the search and transaction experience for customers. The platform provides essential information, empowering users to make informed decisions when purchasing a home.