Catalyst Fund

Catalyst Fund is an inclusive FinTech accelerator that supports early-stage startups building innovative FinTech solutions for the 3 billion underserved in emerging markets. The company works with innovators in emerging markets who are building affordable, accessible, and appropriate solutions for underserved communities, and accelerate the local innovation ecosystems around them. Catalyst Fund is supported by The UK Department for International Development (DFID) and JPMorgan Chase & Co., managed by BFA Global and fiscally sponsored by Rockefeller Philanthropy Advisors.

Maelis Carraro

Program Director

Past deals in Ghana

Swoove

Grant in 2021
Swoove is a logistics service aggregator that focuses on enhancing delivery experiences for businesses and their customers. It offers a comprehensive dispatch and fleet management solution that enables efficient and cost-effective operations. Swoove provides real-time monitoring, updates, and tracking of deliveries, allowing businesses to manage their shipping processes seamlessly. With services beginning at a competitive price point, Swoove supports small and medium-sized enterprises (SMEs) in Africa, starting with Ghana, by facilitating reliable doorstep delivery and accurate pricing. This platform empowers businesses to expand their reach while ensuring quality service in both local and international markets.

Tendo

Grant in 2021
Tendo is an online platform based in Accra, Ghana, that enables independent resellers to start their own e-commerce businesses without any upfront investment. Founded in 2019, the company connects resellers with products sourced from various suppliers, allowing them to sell ready-to-ship items directly to customers. Tendo's application facilitates the addition of profit margins to products and offers access to social media platforms for marketing. Resellers can list products at wholesale prices without the need for inventory management or transportation logistics, thereby simplifying the process of independent reselling. This model empowers small businesses and individuals to engage in online commerce efficiently.

Jetstream Africa

Grant in 2021
Jetstream Africa Limited is a cloud-based logistics platform based in Accra, Ghana, founded in 2018. The company specializes in providing cross-border marine logistics services, facilitating freight forwarding and global exports for African suppliers. By offering tools for booking, tracking, and consolidating shipments, Jetstream enhances access to international trade for small and medium-sized enterprises (SMEs) across Africa. The platform aims to simplify the shipping process, making it more accessible for businesses to engage in global commerce.

Smile ID (formerly Smile Identity)

Grant in 2017
At Smile ID they believe anyone should be able to prove their identity easily, anywhere in the world. Their team is made up of American and African engineers and financial services professionals with experience across global markets in highly regulated environments. They have built encryption, authentication and security solutions. They have developed image processing technology from the chip level up. They have been part of security investigations and have pursued fraudsters. Having worked with, or for, telecoms, lenders, banks and startups, they know the challenges of building world class technology and they understand the needs of the African consumer and enterprise customer. They are backed by leading Silicon Valley & African investors and they have pan-African reach, with representation in the United States, South Africa, Nigeria, Kenya, Ghana and Rwanda.
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