PayTic specializes in streamlining payments issuers' card programs through dedicated back-office solutions. Its SaaS platform automates processes like customer support, chargebacks, fraud management, AML compliance, reporting, and reconciliation, regardless of the number of processors involved. This enhances proactivity, mitigates risks, reduces operational costs, and offers a competitive advantage.
I&M Bank Rwanda
Private Equity Round in 2024
I&M Bank Rwanda is a commercial bank that offers loans, insurance, and trade finance services.
I&M Bank (T) Ltd. is a commercial bank based in Dar es Salaam, Tanzania, providing a range of banking services to both individuals and businesses. Established in 1974, the institution was originally known as CF Union Bank Limited before rebranding in September 2010. As a wholly owned subsidiary of I&M Holdings Limited, I&M Bank (T) Ltd. has developed a network of branches across Tanzania to serve its customers effectively. The bank focuses on delivering financial solutions tailored to the needs of its diverse clientele, contributing to the region's economic development.
Fidelity Bank Ghana
Private Equity Round in 2022
Fidelity Bank Ghana offers a range of banking services including current and savings accounts, internet and mobile banking, executive banking, corporate finance, mortgage, trade financing, treasury management, and promotions. It also supports government electrification projects through financing independent power providers.
Prime Bank
Private Equity Round in 2019
Prime Bank Limited is a financial institution based in Nairobi, Kenya, incorporated in 1992. The bank offers a range of banking products and services, including online banking and various financial services tailored to meet the needs of its customers. With a commitment to providing accessible and efficient banking solutions, Prime Bank serves both individual and corporate clients, focusing on enhancing the overall banking experience through innovative offerings.
Crédit Communautaire d’Afrique
Venture Round in 2016
CCA is the largest microfinance institution in Cameroon. The company collects deposits and provides loans to its 420,000 clients representing micro-small-medium enterprises and entrepreneurs (MSMEs) and salaried people. It has a retail network of 42 branches covering the whole country which makes it the larger financial institution in Cameroon in terms of the number of branches and geographic coverage. Further to the AfricInvest investment, the company is being transformed into a universal bank.
Bridge Bank Group
Venture Round in 2014
Bridge Group West Africa is a holding company which has a majority equity share in Bride Bank Cote d'Ivoire, an Ivorian universal bank and a minority significant equity stake in a bank in Senegal.
NMB Bank
Venture Round in 2013
NMB Bank Limited, established in Zimbabwe since 1992, operates as a subsidiary of NMBZ Holdings Limited. It offers a comprehensive range of banking products and services to both corporate and individual clients across ten major cities in the country. The bank's operations span five segments: Retail Banking, Corporate Banking, Treasury, International Banking, and Digital Banking. Services include current and savings accounts, debit and credit cards, loans, overdrafts, Internet banking, ATM services, bridging finance, acceptance of credits, letters of credit, documentary letters of credit, international payments, offshore finance, foreign currency exchange, treasury services such as daily market watch and fixed deposits, promissory notes, money markets, banker’s acceptances, and advisory services on empowerment transactions, capital raising, structured finance, corporate restructuring, investments, and business conditions.
Family Bank
Private Equity Round in 2010
Family Bank is a commercial bank established in Kenya in May 2007 and regulated by the Central Bank of Kenya. With a customer base exceeding 1.7 million, the bank operates a network of 93 branches across the country. It specializes in providing financial services to underserved segments of the market, including small-scale farmers, salaried employees, micro, small, and medium-sized enterprises, as well as youth and women. Additionally, Family Bank seeks to attract large corporate clients to bolster its deposit base. Notably, it was the first bank in Kenya to implement paperless banking through smart card technology, showcasing its commitment to innovation in the financial sector.