Flourish Ventures

Stitch is a payments infrastructure company that helps businesses seamlessly connect to the financial system, so they can deliver a better user experience and optimize operations. Headquartered in Cape Town, South Africa, Stitch launched in February 2021 and has global staff. Stitch offers all popular online payment methods and operates as a Payments Service Provider. Its platform supports a variety of pay-in methods and solutions; financial and payment management solutions; and Payouts. Learn more at stitch.money.

Maxab is a B2B e-commerce platform based in Cairo, Egypt, that connects food and grocery retailers with suppliers, focusing on underserved markets. Founded in 2018, the company aims to transform the informal grocery and food market through innovative technologies and efficient supply chain solutions tailored to the needs of local retailers. Maxab's mobile platform facilitates an e-marketplace and offers logistics services, ensuring timely and accurate distribution of goods. By enhancing access to a wide range of products and providing operational support, Maxab empowers retailers to streamline their procurement processes and improve their overall business efficiency.

Apollo Agriculture Ltd. is an agtech company based in Nairobi, Kenya, that supports smallholder farmers by providing financial and technical assistance. Founded in 2015, the company offers loans to help farmers acquire essential inputs such as fertilizer, seeds, and crop insurance, along with access to expert advice. By utilizing agronomic machine learning, remote sensing, and mobile technology, Apollo customizes financing packages based on individual farmer needs, assessing credit risk through satellite and soil data. This tailored approach aims to enhance farming practices and significantly increase crop yields, thereby maximizing profits for farmers in emerging markets.

Brimore is a social commerce platform that connects emerging brand owners with a network of individual distributors, enabling them to market and sell their products via social media. The platform facilitates a parallel distribution channel, allowing small local manufacturers to reach consumers directly through freelance sales agents. By leveraging data analytics, Brimore provides nationwide coverage across all twenty-seven governorates, enhancing the visibility and accessibility of emerging brands in the market. This approach supports local businesses by expanding their sales reach and fostering a community-driven sales model.

Brimore is a social commerce platform that connects emerging brand owners with a network of individual distributors, enabling them to market and sell their products via social media. The platform facilitates a parallel distribution channel, allowing small local manufacturers to reach consumers directly through freelance sales agents. By leveraging data analytics, Brimore provides nationwide coverage across all twenty-seven governorates, enhancing the visibility and accessibility of emerging brands in the market. This approach supports local businesses by expanding their sales reach and fostering a community-driven sales model.

HoneyCoin is a cryptographic payment and monetization platform that facilitates peer-to-peer transactions, allowing users to connect and transact with friends and family globally at any time. The platform is designed to empower creators, particularly in Africa, by enabling them to monetize their content and earn income from their talents. Users can receive payments instantly, enhancing the overall efficiency of financial interactions within the platform. HoneyCoin aims to bridge the gap between creators and consumers, providing a seamless way for individuals to earn and withdraw their earnings.

Lidya is a financial services platform based in Lagos, Nigeria, focused on improving access to credit and finance for small and medium enterprises. Founded in 2016, Lidya enables businesses to open accounts online, manage funds, and access credit within 15 minutes using mobile-first technology and proprietary credit scoring algorithms. The platform offers a range of banking services, including invoice financing and working capital, designed to help business owners build credit profiles and secure affordable financing. Additionally, it provides tools and dashboards for managing receivables and cash flow, allowing businesses to enhance their credit scores and unlock higher credit limits.

Maxab is a B2B e-commerce platform based in Cairo, Egypt, that connects food and grocery retailers with suppliers, focusing on underserved markets. Founded in 2018, the company aims to transform the informal grocery and food market through innovative technologies and efficient supply chain solutions tailored to the needs of local retailers. Maxab's mobile platform facilitates an e-marketplace and offers logistics services, ensuring timely and accurate distribution of goods. By enhancing access to a wide range of products and providing operational support, Maxab empowers retailers to streamline their procurement processes and improve their overall business efficiency.

FairMoney is a mobile banking platform founded in 2017, operating from Paris, France, and Lagos, Nigeria. The platform specializes in providing credit to private and business borrowers, particularly targeting underbanked populations in emerging markets. By leveraging smartphone data, FairMoney develops an instant credit score for users, facilitating access to various loan types, including personal, business, medical, and car loans. The company has disbursed over 350,000 loans and aims to make financial services more accessible and affordable for millions in Africa and South-East Asia. With a team of 45 professionals and backing from European and American investors, FairMoney is committed to transforming the financial landscape for underserved communities.

Apollo Agriculture Ltd. is an agtech company based in Nairobi, Kenya, that supports smallholder farmers by providing financial and technical assistance. Founded in 2015, the company offers loans to help farmers acquire essential inputs such as fertilizer, seeds, and crop insurance, along with access to expert advice. By utilizing agronomic machine learning, remote sensing, and mobile technology, Apollo customizes financing packages based on individual farmer needs, assessing credit risk through satellite and soil data. This tailored approach aims to enhance farming practices and significantly increase crop yields, thereby maximizing profits for farmers in emerging markets.

FairMoney is a mobile banking platform founded in 2017, operating from Paris, France, and Lagos, Nigeria. The platform specializes in providing credit to private and business borrowers, particularly targeting underbanked populations in emerging markets. By leveraging smartphone data, FairMoney develops an instant credit score for users, facilitating access to various loan types, including personal, business, medical, and car loans. The company has disbursed over 350,000 loans and aims to make financial services more accessible and affordable for millions in Africa and South-East Asia. With a team of 45 professionals and backing from European and American investors, FairMoney is committed to transforming the financial landscape for underserved communities.

Lidya is a financial services platform based in Lagos, Nigeria, focused on improving access to credit and finance for small and medium enterprises. Founded in 2016, Lidya enables businesses to open accounts online, manage funds, and access credit within 15 minutes using mobile-first technology and proprietary credit scoring algorithms. The platform offers a range of banking services, including invoice financing and working capital, designed to help business owners build credit profiles and secure affordable financing. Additionally, it provides tools and dashboards for managing receivables and cash flow, allowing businesses to enhance their credit scores and unlock higher credit limits.

Segovia Technology Co. operates an online platform that facilitates critical payments in challenging environments, particularly for relief and anti-poverty programs. Established in 2014 and based in New York, the company specializes in providing payment solutions across Africa and Asia, supporting both corporate transactions and social programs. Segovia's platform integrates various payment providers and employs advanced technologies such as satellite imaging, machine learning, biometric identification, and adaptive fraud detection to streamline the payment process. This innovative approach addresses the unique challenges faced by clients in emerging markets, ensuring fast, secure, and accessible payment solutions. Segovia's technology has been instrumental in assisting refugees in Europe, aiding communities in recovery from crises like Ebola in Liberia, and supporting gig economy workers in East Africa. The team is composed of experienced professionals, including co-founders of GiveDirectly and former technical leaders from major technology companies.

Zoona is a mobile technology company focused on providing financial services to underserved communities across Africa. Founded in 2009, it has established a robust distribution network that facilitates money transfers, electronic voucher payments, savings, credit, and bill payments primarily for unbanked customers. With operations in Zambia, Malawi, and Mozambique, Zoona leverages cutting-edge technology and a network of agents to ensure safe and reliable access to financial services. The company has processed over $2 billion in transactions and has received recognition from organizations such as The Nike Foundation and The Unreasonable Group for its impactful contributions to empowering young entrepreneurs and helping to alleviate poverty, particularly among girls.