Catalyst Fund

Enakl is a tech mobility company based in Africa, specializing in bus sharing solutions for commute rides. It uses data-driven technology to predict demand, pool users, and create efficient routes operated by professional drivers. Enakl's innovative model offers affordable pricing, promoting social inclusion while reducing congestion and improving transport access in African cities.

Octavia Carbon is a pioneering company based in Kenya that specializes in Direct Air Capture (DAC) technology. It designs, builds, and deploys proprietary systems to filter CO2 from the atmosphere, aiming to reverse climate change and reduce reliance on fossil fuels. The company uniquely leverages Kenya's geothermal energy and talent to accelerate DAC technology development and lower costs.

Medikea Health is a multiservice online healthcare application aimed at providing accessible and affordable primary care to millions of Africans. The platform facilitates virtual, subscription-based telemedicine, allowing users to have online consultations with health providers through chat or call. In addition to telemedicine services, Medikea offers in-person care through a network of asset-light clinics. Users can book appointments, receive medicine delivery, and access at-home lab testing for non-emergent medical issues. The platform also enables hospital referrals and provides discounts on medications, ensuring convenience and affordability in healthcare for its users.

Assuraf is a prominent Pan-African InsurTech company headquartered in Dakar, Senegal, with a focus on Francophone Africa. The company operates a digital broking platform that caters to all types of insurance, aiming to enhance insurance inclusion across emerging markets. Assuraf's integrated platform is designed to streamline the process of obtaining insurance by allowing users to access a variety of digital products from multiple insurance providers in one convenient location. By building essential infrastructure and tailored products, Assuraf seeks to meet the diverse needs of individuals in the region, ultimately driving greater access to insurance solutions.

Octavia Carbon is a pioneering company based in Kenya that specializes in Direct Air Capture (DAC) technology. It designs, builds, and deploys proprietary systems to filter CO2 from the atmosphere, aiming to reverse climate change and reduce reliance on fossil fuels. The company uniquely leverages Kenya's geothermal energy and talent to accelerate DAC technology development and lower costs.

Tulix is a payments and remittance platform focused on empowering individuals across Africa by facilitating money sharing and collaborative payment management. The platform enables users to send money for various purposes, such as supporting families, purchasing goods, or covering medical and educational expenses. Tulix enhances the user experience by allowing individuals to manage their financial contributions transparently, enabling them to see and decide how funds will be utilized, which fosters accountability. The platform features innovative tools, including the creation of "jars" for collaborative budgeting and goal-based savings, aimed at improving financial health. By combining fast and affordable payment options with enhanced visibility and collaboration, Tulix offers significant value to both senders and recipients, allowing them to maintain connections regardless of geographic barriers.

Tulix is a payments and remittance platform focused on empowering individuals across Africa by facilitating money sharing and collaborative payment management. The platform enables users to send money for various purposes, such as supporting families, purchasing goods, or covering medical and educational expenses. Tulix enhances the user experience by allowing individuals to manage their financial contributions transparently, enabling them to see and decide how funds will be utilized, which fosters accountability. The platform features innovative tools, including the creation of "jars" for collaborative budgeting and goal-based savings, aimed at improving financial health. By combining fast and affordable payment options with enhanced visibility and collaboration, Tulix offers significant value to both senders and recipients, allowing them to maintain connections regardless of geographic barriers.

Swoove is a logistics management platform that aggregates delivery services and provides dispatch and fleet management tools to improve delivery efficiency and reduce costs. Its cloud-based platform offers real-time route automation, driver and vehicle tracking, order and vendor management, and analytics, enabling logistics teams to monitor shipments, optimize routes, and scale operations across diverse fleet sizes, including in emerging markets.

Oze empowers African small businesses by digitizing their operations. Its app enables tracking of sales, expenses, and customer data, with analysis providing tailored recommendations and business education. Users can access Oze Coaches for additional support. With over 150,000 registered users, Oze is West Africa's largest online SME community, with a proven track record of driving business growth.

Founded in 2019 and based in Accra, Ghana, Tendo operates an online platform that facilitates reselling. It sources products from various suppliers and delivers them directly to customers of its resellers, enabling independent entrepreneurs to start their own e-commerce businesses without initial capital investment.

KudiGo offers a mobile-based integrated platform for informal consumer retailers in Africa, combining retail operations, accounting, payments, and analytics to help users gain oversight, adopt efficient bookkeeping practices, and promote financial inclusion. The solution leverages big data and blockchain to enhance transparency and provide real-time visibility for manufacturers and distributors within its niche market.

Jetstream Africa Limited is a cloud-based logistics company headquartered in Accra, Ghana, established in 2018. The company operates a digital platform that facilitates cross-border marine logistics services for African businesses. It specializes in freight forwarding and global exports, enabling small and medium-sized enterprises (SMEs) to access international trade more easily. By offering services such as shipment booking and tracking, as well as consolidated shipping options, Jetstream enhances the supply chain experience for its users, effectively leveling the playing field in the competitive global market.

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.

Kandua is an online platform that connects South African homeowners with vetted artisans for home renovations, maintenance, and repairs. It facilitates communication, invoicing, and secure payments through its platform.

Paymenow Group is a financial wellness and inclusion platform based in Stellenbosch, South Africa, founded in 2019. The company provides employees with early access to wages they have already earned, integrating its application with employers' payroll systems for real-time access. By focusing on financial wellness, Paymenow aims to promote responsible financial behavior and encourage saving among employees. The platform addresses challenges associated with traditional payday and microlending practices by offering affordable access to cash, while also educating users to help them achieve their financial goals. Through gamification and user-friendly features, Paymenow enhances financial inclusion and supports employees in managing their finances more effectively.

Flex Finance is a spend management platform designed to help African businesses effectively manage their finances. It offers mobile, web, and corporate card solutions to streamline spending and provide insights for better budgeting.

WellaHealth is a startup focused on improving healthcare access for low-income individuals and families in Nigeria. The company has developed a digital triage bot that provides guidance based on the Nigeria Centre for Disease Control guidelines, allowing users to log their health responses for potential follow-up by public health authorities. In addition to this innovative tool, WellaHealth offers micro-health insurance plans that target prevalent diseases, providing affordable coverage for treatments and medications. Their platform connects users to a network of pharmacies and healthcare professionals, enabling them to manage their health needs without facing significant financial strain.

Chipper facilitates free cross-border money transfers via its mobile app. Users can send funds to any mobile number in Africa, with support for multiple currencies.

Kwara GmbH is a technology company that specializes in developing a digital banking platform tailored for savings and credit co-operative societies (SACCOs). Founded in 2018 and headquartered in Berlin, Germany, with an additional office in Nairobi, Kenya, Kwara aims to modernize credit unions by providing a comprehensive cloud-based solution. The platform facilitates loan application servicing and approval for members, while also offering integration services, customer support, real-time financial tracking, and compliance assistance. Kwara's offerings include Kwara Pronto, a tool for managing loans. Currently, the company serves over 200 SACCOs across Kenya, South Africa, and the Philippines, enabling these financial institutions to enhance their operations and improve access to formal financial services.

Meerkat is a financial wellness company established in 2015 and headquartered in Cape Town, South Africa, dedicated to enhancing the financial health of individuals. The company offers a variety of services, including debt counseling, debt consolidation, debt rescue, employee wellness programs, and credit risk coverage. Meerkat's platform is designed to empower clients to manage their finances more effectively, helping them achieve their financial goals. Additionally, the company provides a credit life business that offers comprehensive coverage at competitive premiums, accessible easily through a mobile application.

CowryWise is a FinTech company based in Lagos, Nigeria, that provides a personal finance platform aimed at automating savings and investments for users across the country. The platform allows users to automatically transfer funds from their bank accounts into CowryWise accounts on a daily, weekly, or monthly basis. These savings are then invested in risk-free instruments such as treasury bills and government bonds, earning interest daily. CowryWise focuses on democratizing access to premium financial services by offering them at low rates, thereby enhancing financial inclusion. Through technology and investment management, the company delivers wealth management and financial planning services, along with free wealth advisory and consumer education, enabling customers to achieve their financial goals in a secure and straightforward manner.

PesaKit is a platform for last-mile agent networks in Africa that provides inclusive, interoperable digital and financial access for mobile money agents and merchants. It features an AI-powered virtual assistant via an API-driven interface to digitize distribution and access channels for mobile money and digital finance, enabling liquidity management and conversion processes for agents. Founded in 2018 and headquartered in Nairobi, Kenya.

Chipper facilitates free cross-border money transfers via its mobile app. Users can send funds to any mobile number in Africa, with support for multiple currencies.

Chipper facilitates free cross-border money transfers via its mobile app. Users can send funds to any mobile number in Africa, with support for multiple currencies.

MobiLife is an insurance provider established in 2015 and headquartered in Johannesburg, South Africa. The company focuses on transforming the micro-insurance sector by offering insurance products and processes that are fully accessible through smartphones. MobiLife aims to support South African families by providing financial protection, ensuring they do not face hunger due to the loss of a primary income earner. Through its innovative approach, MobiLife seeks to make insurance more accessible and relevant to the needs of its customers.

Smile Identity Inc. is a technology company based in San Francisco, California, that focuses on identity verification solutions. Founded in 2016, the company has developed an application called SmartSelfie, which allows users to create a universal biometric for authentication on Android devices. The team comprises engineers and financial services professionals from both the United States and Africa, bringing expertise in global markets with a focus on highly regulated environments. Smile Identity has developed advanced encryption, authentication, and security solutions, as well as image processing technology. The company has experience working with telecoms, lenders, banks, and startups, enabling them to understand the unique challenges faced by consumers and enterprises in Africa. With support from prominent investors in Silicon Valley and Africa, Smile Identity has established a pan-African presence, operating in countries such as South Africa, Nigeria, Kenya, Ghana, and Rwanda.

Smile Identity Inc. is a technology company based in San Francisco, California, that focuses on identity verification solutions. Founded in 2016, the company has developed an application called SmartSelfie, which allows users to create a universal biometric for authentication on Android devices. The team comprises engineers and financial services professionals from both the United States and Africa, bringing expertise in global markets with a focus on highly regulated environments. Smile Identity has developed advanced encryption, authentication, and security solutions, as well as image processing technology. The company has experience working with telecoms, lenders, banks, and startups, enabling them to understand the unique challenges faced by consumers and enterprises in Africa. With support from prominent investors in Silicon Valley and Africa, Smile Identity has established a pan-African presence, operating in countries such as South Africa, Nigeria, Kenya, Ghana, and Rwanda.