Launch Africa Ventures

Affinity is a financial solutions company that provides financial inclusion, advisory, and literacy services.

Cauri Money is a financial services provider offering users the ability to exchange, save, manage, and send money. It features a wallet with a BG IBAN, peer-to-peer payment capabilities, virtual and physical Mastercards, and dedicated financial supervision.

BFree is a company that specializes in credit management, aiming to enhance the credit collection process through innovative technology. It develops a platform that utilizes artificial intelligence to create ethical credit management tools, prioritizing the financial health of consumers. BFree's approach is centered on helping customers regain control over their finances by facilitating self-administered loan repayments. The company focuses on making the collection process more scalable, efficient, and user-friendly, particularly for individuals in emerging markets. By equipping users with essential financial knowledge and personal budgeting skills, BFree strives to lead customers out of debt sustainably.

Affinity is a financial solutions company that provides financial inclusion, advisory, and literacy services.

Gigmile is a mobility financing platform that enables gig workers to obtain vehicles and related services through flexible lease-to-own arrangements. Its offerings cover motorcycles, tricycles, cars, and other mobility assets by combining financing, insurance, maintenance, and licensing into a single program tailored to delivery, ride-hailing, and logistics work. By partnering with vehicle manufacturers and financial institutions, Gigmile structures payment plans aligned with the irregular income of gig workers, helping them build ownership over time. The platform tracks repayment and usage and supports digital onboarding and customer support, while pursuing expansion of its mobility assets and embedded financial services. It also provides loans and affordable leases to gig workers, aiming to ease health costs, working capital pressures, and emergency expenses and to broaden access to productive assets.

Kredi is a neo bank building Africa's one-stop shop for digital financial services. Kredi is a platform that eliminates all the challenges of using multiple applications and allows users to manage all aspects of their financial lives. We are fully licensed by the Central Bank of Nigeria. We provide access to digital financial services such as savings, credit, payment, investments, and insurance to all consumers in Nigeria in one place.

SmartWage Pty Ltd. is a financial technology company based in Johannesburg, South Africa, that provides innovative payday solutions aimed at enhancing financial wellness for employees. Founded in 2019, SmartWage offers services that allow employees to track their earnings and access their earned salaries on demand. The company also provides salary-packaging administration services to both employers and employees, making it one of the most affordable and accessible options in the South African market. Through its offerings, SmartWage seeks to improve the overall financial well-being of individuals by enabling timely access to earned wages.

Djamo is a fintech company offering a mobile application that enables users to use their cards fee-free across various services. The app provides free physical and virtual cards, automatic savings features, salary reception options, expense tracking, and withdrawal controls.

Spark is a fintech company that offers a payment application enabling users to chat with contacts during purchases, manage joint accounts, and access transaction records. The platform focuses on group purchasing, allowing users to order food and household items together and receive discounts on essential products.

Cauri Money is a financial services provider offering users the ability to exchange, save, manage, and send money. It features a wallet with a BG IBAN, peer-to-peer payment capabilities, virtual and physical Mastercards, and dedicated financial supervision.

Bloom is a financial technology company that provides a secure wallet hub for trading tokens and NFTs, enabling users to discover new decentralized applications and optimize their DeFi investments. The platform is described as offering innovative, fair, responsible and inclusive financial products, aimed at widening access to digital finance while simplifying crypto activity for a broad user base.

Cauri Money is a financial services provider offering users the ability to exchange, save, manage, and send money. It features a wallet with a BG IBAN, peer-to-peer payment capabilities, virtual and physical Mastercards, and dedicated financial supervision.

Fingo Africa is a fintech startup that offers a digital banking platform aimed at young customers. The service includes current accounts, real‑time money transfers, bill and utility payments, link‑based payments, and savings goal tools. The platform enables users to send money to friends, family, or businesses through a mobile interface, providing a convenient and comprehensive digital banking experience.

Fingo Africa is a fintech startup that offers a digital banking platform aimed at young customers. The service includes current accounts, real‑time money transfers, bill and utility payments, link‑based payments, and savings goal tools. The platform enables users to send money to friends, family, or businesses through a mobile interface, providing a convenient and comprehensive digital banking experience.

Envel, Inc. is a financial services company founded in 2017 and headquartered in Boston, Massachusetts, that focuses on providing innovative banking solutions for Generation Z and younger millennials. The company has developed an artificial intelligence-based retail banking platform that offers real-time guidance for personal finance management. Envel's technology employs machine learning to analyze individual spending habits and automatically organizes users' income into various categories, promoting effective saving and spending behaviors. The platform, known as the Envel Money Management System, aims to help users build wealth, save for emergencies, and achieve financial stability while minimizing unnecessary expenditures. Envel's mission is particularly focused on assisting college students in managing their finances and reducing debt, with the goal of eventually supporting over one million students in their financial journeys.

BFree is a company that specializes in credit management, aiming to enhance the credit collection process through innovative technology. It develops a platform that utilizes artificial intelligence to create ethical credit management tools, prioritizing the financial health of consumers. BFree's approach is centered on helping customers regain control over their finances by facilitating self-administered loan repayments. The company focuses on making the collection process more scalable, efficient, and user-friendly, particularly for individuals in emerging markets. By equipping users with essential financial knowledge and personal budgeting skills, BFree strives to lead customers out of debt sustainably.

Trove Technologies Limited operates an online platform designed to facilitate investment in a range of securities, including stocks, bonds, mutual funds, and cryptocurrencies. Based in Lekki, Nigeria, Trove aims to simplify the investment process for beginners by providing an accessible application that allows users to easily find and select investment opportunities. The platform features a user-friendly KYC process, brokerage services, and a personalized news feed related to the assets traded. Trove enables investors to participate in both local and international markets, offering access to Nigerian stocks, government bonds, and a selection of cryptocurrency assets. Through its seamless approach to micro-investing, Trove empowers users to engage with the financial markets with ease.

Afriex Inc. is a mobile payment application developer based in Oakland, California, specializing in overseas money transfer services. Founded in 2019, the company offers a digital wallet application that allows users to send and receive money globally, utilizing stablecoins to ensure fast and cost-effective remittance solutions. Afriex supports transactions to over 30 countries, enabling users to make payments and manage their finances more efficiently at current exchange rates, while also providing various withdrawal options to enhance the user experience.