Launch Africa Ventures

Launch Africa is a venture capital firm founded in 2020 and based in Ebene, Mauritius. The firm focuses on addressing the capital constraints faced by seed stage tech startups across the African continent. By investing in companies at the seed and pre-series A stages, Launch Africa aims to support the growth and development of innovative businesses in the region, fostering a vibrant entrepreneurial ecosystem.

Mohamed Karar

Venture Partner F1 and F2

Michael Mutie

VC Associate

Janade Du Plessis

Co-Founder and Managing Partner

Hannah Subayi

Partner, Board Member and Member of the Investment Committee

Janade Plessis Ph.D

Co-Founder and Managing Partner

Past deals in Payments

Peach Payments

Series A in 2023
Peach Payments specializes in providing payment solutions for online and mobile businesses, allowing them to accept payments from consumers worldwide, with a particular emphasis on emerging markets such as Africa and the BRIC countries. The company has developed an online payment platform that features a well-documented API for seamless integration. This platform enables payment collection through email and SMS, incorporates secure tokenization for storing card data, and enhances conversion rates with one-click checkouts. By focusing on the unique needs of local infrastructures, Peach Payments aims to deliver a safe and efficient payment experience across all digital channels.

Workpay

Seed Round in 2022
WorkPay Technologies, Inc. is a company that specializes in providing cloud-based payroll, benefits, and human resource management software aimed at small and medium-sized businesses in Africa. Founded in 2017 and headquartered in Nairobi, Kenya, WorkPay's solutions include features such as time and attendance tracking, HR and payroll processing, and employee self-service management. The software also facilitates payment and loans processing, enabling businesses to manage and pay employees efficiently. By offering bulk salary payments directly to employees' bank accounts or mobile wallets, WorkPay helps clients streamline their payroll processes and enhance talent retention.

Cauri Money

Pre Seed Round in 2022
Developer of a money transfer platform intended to make payments easier. The company's platform specializes in wallet recharge, phone recharge, and invoice payments, enabling users to send money to Africa and manage their daily expenditures.

Boya

Pre Seed Round in 2021
Developer of an all-in-one spend platform designed for quick, simple and secure payments. The company's platform develops a mobile application that allows consumers to link credit or debit cards for making payments and offers services such as money transfers, online payments, QR-based payments and bill payments, enabling users to pay for their expenses and organize details of their spending all in one place for improved and smarter spending decisions.

Peach Payments

Venture Round in 2021
Peach Payments specializes in providing payment solutions for online and mobile businesses, allowing them to accept payments from consumers worldwide, with a particular emphasis on emerging markets such as Africa and the BRIC countries. The company has developed an online payment platform that features a well-documented API for seamless integration. This platform enables payment collection through email and SMS, incorporates secure tokenization for storing card data, and enhances conversion rates with one-click checkouts. By focusing on the unique needs of local infrastructures, Peach Payments aims to deliver a safe and efficient payment experience across all digital channels.
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