CAL Bank
Private Equity Round in 2012
CAL Bank is a Ghana-based financial services provider offering a broad range of banking and related financial solutions to large corporations, small and medium-sized enterprises, public sector institutions, and retail customers. It operates through segments including Corporate Banking, Retail and Business Banking, Treasury, Brokerage, and Asset Management. The bank provides personal banking products such as savings and current accounts, and offers corporate finance, capital markets, and advisory services, including syndications, project finance, financial advisory, and structured notes. It supports customer needs with working capital facilities, cash management, and international trade finance services such as documentary credits, collections, and guarantees. In addition, CAL Bank offers general and life insurance products, as well as financing programs including LPO financing, auto loans, government employee loans, and home mortgages. The bank maintains a network of branches and ATMs across Ghana and has its headquarters in Accra, with a history dating back to 1990.
Letshego Holdings
Venture Round in 2010
Letshego Holdings is a regional financial services provider in Africa, specializing in consumer lending. The company offers short to medium-term secured and unsecured loans primarily to employees in the public, quasi-public, and private sectors. It serves various customer segments, including small and micro-entrepreneurs, salaried employees, and civil servants. Operating across multiple African countries, including Botswana, Ghana, Kenya, Lesotho, Mozambique, Namibia, Nigeria, Rwanda, Swaziland, Tanzania, and Uganda, Letshego aims to meet the diverse financial needs of its clients while promoting financial inclusion in the region. The company considers its banking and other financial services as a unified operating segment, focusing on delivering accessible credit solutions to enhance economic empowerment.