Fig Finance
Seed Round in 2023
Fig Finance is a company that specializes in developing financial software aimed at providing liquidity infrastructure for emerging markets. It focuses on connecting businesses with global capital and offers tools designed to close the credit gap. By doing so, Fig Finance enables small business owners to achieve greater financial independence.
Touch and Pay
Seed Round in 2022
Touch and Pay Technologies specializes in providing digital payment and transaction services through innovative use of Near Field Communication (NFC) technology. The company’s platform facilitates financial inclusion by digitizing and processing mobile payments, enabling both online and offline transactions. It addresses the challenges faced by businesses of varying sizes by streamlining processes such as payment settlement, registration, collection, and tracking of payments made in the field. Touch and Pay Technologies offers a comprehensive dashboard and reporting system that ensures full visibility into all transactions, thereby enhancing reliability in cashless payments. By integrating these digital services, the company aims to create a more efficient and appealing market for its users.
Bitmama
Pre Seed Round in 2022
Bitmama is a cryptocurrency trading platform that facilitates the buying and selling of various digital assets, including Bitcoin, Ethereum, and Celo, primarily serving the African market. The company provides users with the ability to create personalized wallets and trade digital currencies through its exchange and API services. By integrating with bank accounts, credit or debit cards, and mobile money accounts, Bitmama offers a convenient and secure method for traders to manage their cryptocurrency transactions. Additionally, the platform's software is designed to ensure that users can navigate the trading process efficiently and securely within an encrypted network.
Sava
Pre Seed Round in 2022
Sava is a multi-management platform focused on business spending and financial control. It offers an unlimited number of virtual cards, allowing companies to manage their expenses efficiently. The platform integrates automated accounting reconciliation and utilizes business accounting software to help organizations maintain precise oversight of their finances. By classifying transactions and streamlining the reconciliation process, Sava enables businesses to optimize their financial management and supports their growth with essential tools and credit solutions.
Indicina
Seed Round in 2022
Indicina Technologies Limited is a Lagos-based company that offers a digitized credit analysis platform aimed at enhancing consumer finance strategies in Africa. The platform serves a variety of financial institutions, including banks, insurers, and consumer finance companies, by providing tools for creating credit rules and models, conducting credit assessments and scoring, managing loan portfolios, and facilitating loan collections. By leveraging analytics-driven insights, Indicina helps these institutions optimize their credit decision-making processes, improve application acceptance rates, and reduce default rates, thereby contributing to the development of a robust credit infrastructure in the region.
Churpy is a fintech company that specializes in integrated receivables management solutions. Its product suite includes software that facilitates account reconciliation across various enterprise resource planning systems and connects with multiple bank application programming interfaces. Additionally, Churpy offers an invoice payment marketplace that supports various payment methods, including direct debits, card transactions, mobile money, and bank transfers. By providing these comprehensive tools, Churpy enables finance teams and developers to manage receivables operations efficiently and securely.
Fonbnk Inc. is a fintech company that leverages mobile technology and Web3 innovations to enhance digital transactions in emerging markets. By enabling users to convert prepaid airtime into digital money, Fonbnk provides access to the global digital economy for individuals who are unbanked. The company goes beyond traditional prepaid airtime, integrating various mobile payment methods to increase financial accessibility. It facilitates seamless, dollarized micropayments for digital goods and services, benefiting merchants who target hard-to-reach markets. Fonbnk's platform supports stablecoins across major blockchain protocols, allowing local developers to easily integrate Web3 capabilities through no-code and low-code applications and APIs. With a vast network linked to over 8 billion prepaid SIM cards and diverse mobile payment systems, Fonbnk effectively connects users, retailers, and agents, driving the growth of digital finance and narrowing the digital divide in emerging economies.
Credrails
Seed Round in 2022
Credrails is a fintech company that specializes in providing infrastructure for open banking. It connects diverse financial data sources such as banks and mobile money services via a unified API, facilitating seamless money transfers and fostering interoperability within Africa's digital economy.
VertoFX Ltd is a London-based business-to-business currency exchange marketplace that facilitates international transactions for companies. Established in 2017, VertoFX provides a platform that offers access to exotic and foreign currencies, alongside online payment services that streamline the process of making payments to overseas suppliers. The company’s software includes tools for liquidity and price discovery, enabling businesses to manage significant revenue flows efficiently. By specializing in the needs of international businesses, VertoFX helps clients navigate the complexities of currency exchange and global payments.
ThankUCash
Seed Round in 2020
StoreSmart is a technology company that offers a store management platform aimed at optimizing retail operations. The platform allows business owners to manage their stores remotely via mobile devices, providing real-time insights into operational activities. Users benefit from features such as stock replenishment alerts, profit and loss projections, and detailed sales comparisons across different time frames. By streamlining these processes, StoreSmart helps businesses enhance efficiency and make informed decisions to drive growth.