Uncovered Fund

Uncovered Fund is a venture capital firm founded in 2019 and based in Tokyo, Japan. It targets early-stage startups and concentrates its investments in Kenya, Nigeria, and South Africa, spanning sectors such as retail, fintech, health tech, logistics, mobility as a service, agritech, and smart city initiatives.

Takuma Terakubo

CEO and General Partner

Past deals in South Africa

Bettr

Venture Round in 2022
Bettr is a digital banking platform focused on South Africa’s youth, offering a fully online account, card, and virtual banking services with no transaction fees. The company combines fintech expertise with a community of creative entrepreneurs to provide tools for saving, borrowing, and insuring. Its mission is to give young people the confidence and financial resources needed to pursue their goals, fostering a new culture of money in Africa. Bettr operates as a technology-driven service that connects users to a broader financial ecosystem, aiming to improve financial inclusion and empower individuals to build wealth.
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