Norrsken22 is a growth investment firm established in 2016 and based in Cape Town, South Africa. The company focuses on partnering with talented entrepreneurs to foster the development of Africa's next technology giants. Norrsken22 primarily invests in sectors such as medtech, ed-tech, and fintech, aiming to support innovative businesses that can drive significant impact and growth within the continent's technology landscape.
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.
Taager
Series B in 2025
Taager is a social e-commerce platform enabling online merchants with end-to-end logistics.
TymeBank
Series D in 2024
TymeBank, a subsidiary of the Tyme Group, specializes in digital banking solutions aimed at providing accessible financial services to the lower-income market. The bank emphasizes affordability, offering secure personal and business accounts online with minimal fees and high savings interest rates. Through its digital platform, TymeBank enables customers to benefit from features such as free card swipes and no monthly fees, making banking services convenient and easy to manage. With a focus on serving over 15 million customers in emerging markets, TymeBank is dedicated to enhancing financial inclusion and providing affordable banking options.
NALA
Series A in 2024
NALA Incorporation Company Limited is a FinTech firm based in Dar es Salaam, Tanzania, founded in 2017. The company develops a mobile payments application that facilitates various financial transactions, including peer-to-peer payments, bill payments, and airtime top-ups, all without the need for an internet connection. NALA's platform is designed to enhance financial inclusion by offering services that include money transfers, budgeting tools, and transaction tracking. The application also features advanced security measures such as bank-grade encryption and multi-factor authentication, ensuring safe and reliable transactions, particularly in areas with limited internet access. Through its services, NALA aims to support mobile money transfers for Africans worldwide, promoting seamless international payments and digital financial services.
Orca Fraud
Pre Seed Round in 2024
Africa's first fraud orchestration platform
OneOrder
Series A in 2024
One Order delivers exceptional produce, custom cuts of meat, high-quality seafood, and imported foods offering an array of global flavors.
TymeBank
Series C in 2023
TymeBank, a subsidiary of the Tyme Group, specializes in digital banking solutions aimed at providing accessible financial services to the lower-income market. The bank emphasizes affordability, offering secure personal and business accounts online with minimal fees and high savings interest rates. Through its digital platform, TymeBank enables customers to benefit from features such as free card swipes and no monthly fees, making banking services convenient and easy to manage. With a focus on serving over 15 million customers in emerging markets, TymeBank is dedicated to enhancing financial inclusion and providing affordable banking options.
Sabi Am
Series B in 2023
Sabi is a provider of digital infrastructure for the distribution of goods and services. Its platform enables and empowers underserved merchants in the world, allowing agents, merchants, aggregators, distributors, and manufacturers to expand their capabilities and grow their businesses using Sabi’s technology rails. These rails provide access to inventory, commodities, logistics, business tools, data insights, and financial services.
Smile ID (formerly Smile Identity)
Series B in 2023
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.
Sabi Am
Venture Round in 2022
Sabi is a provider of digital infrastructure for the distribution of goods and services. Its platform enables and empowers underserved merchants in the world, allowing agents, merchants, aggregators, distributors, and manufacturers to expand their capabilities and grow their businesses using Sabi’s technology rails. These rails provide access to inventory, commodities, logistics, business tools, data insights, and financial services.
Autochek
Seed Round in 2021
Autochek is an automotive technology company that aims to build digital solutions.
Shara
Seed Round in 2020
Shara is a mobile application that provides a digital platform designed for consumer goods companies in developing markets. It offers tools for managing business operations, including features for sending receipts and invoices, tracking outstanding payments, and sending scheduled reminders and customized professional statements. Additionally, Shara includes a free and secure wallet, allowing clients to organize their finances effectively. By offering these services at no cost, Shara aims to assist businesses in systematically growing and enhancing their sales capabilities.
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