OmniRetail
Series A in 2025
OmniRetail is a B2B e-commerce platform founded in 2019, headquartered in Lagos, Nigeria. It aims to digitize the consumer goods supply chain from manufacturers through distributors to retailers, improving reliability, visibility, and financial capabilities.
Raenest is a financial technology company that provides a comprehensive platform for startups and freelancers to manage invoicing and payments across multiple currencies. The company streamlines the process of sending invoices, receiving deposits, and processing payments, allowing users to easily pay contractors, vendors, and freelancers globally. Raenest's services include automated onboarding and verification, as well as the creation of virtual cards, which facilitate efficient coordination of payments while ensuring compliance with tax regulations. By offering fast and cost-effective money transfers, Raenest empowers African individuals and businesses to navigate the complexities of cross-border transactions with ease.
Maad is a rapidly growing B2B marketplace based in Dakar, Senegal, serving Francophone Africa. It offers a tech-driven solution that enables retailers to order products from its one-stop shop and access working capital loans.
Maad is a rapidly growing B2B marketplace based in Dakar, Senegal, serving Francophone Africa. It offers a tech-driven solution that enables retailers to order products from its one-stop shop and access working capital loans.
Mecho is an on-demand auto repair and maintenance platform tailored for individuals and businesses in Africa. The platform facilitates the registration and scheduling of maintenance services, connecting customers with a network of certified mechanics and automobile technicians. By offering seamless access to vehicle maintenance, inspection, and repair services, Mecho aims to enhance the automotive service experience for its users.
Termii is a Lagos-based company founded in 2014 that provides a cross-channel messaging and customer engagement platform tailored for African businesses. The platform facilitates communication with customers through SMS, email, voice, and instant messaging, enabling teams to secure repeat customers via personalized outreach. In addition to messaging services, Termii offers a suite of business applications that address various needs such as digital branding, sales, marketing, customer relationship management, eCommerce, accounting, inventory, and project management. This comprehensive approach allows clients to enhance their business operations and improve customer engagement across multiple channels.
Talstack
Pre Seed Round in 2023
Talstack is a subscription-based talent management platform that helps companies identify learning gaps among employees and address them by providing access to courses and mentorship from Africa's top professionals.
Raenest
Seed Round in 2023
Raenest is a financial technology company that provides a comprehensive platform for startups and freelancers to manage invoicing and payments across multiple currencies. The company streamlines the process of sending invoices, receiving deposits, and processing payments, allowing users to easily pay contractors, vendors, and freelancers globally. Raenest's services include automated onboarding and verification, as well as the creation of virtual cards, which facilitate efficient coordination of payments while ensuring compliance with tax regulations. By offering fast and cost-effective money transfers, Raenest empowers African individuals and businesses to navigate the complexities of cross-border transactions with ease.
OmniRetail
Seed Round in 2022
OmniRetail is a B2B e-commerce platform founded in 2019, headquartered in Lagos, Nigeria. It aims to digitize the consumer goods supply chain from manufacturers through distributors to retailers, improving reliability, visibility, and financial capabilities.
Raenest
Pre Seed Round in 2022
Raenest is a financial technology company that provides a comprehensive platform for startups and freelancers to manage invoicing and payments across multiple currencies. The company streamlines the process of sending invoices, receiving deposits, and processing payments, allowing users to easily pay contractors, vendors, and freelancers globally. Raenest's services include automated onboarding and verification, as well as the creation of virtual cards, which facilitate efficient coordination of payments while ensuring compliance with tax regulations. By offering fast and cost-effective money transfers, Raenest empowers African individuals and businesses to navigate the complexities of cross-border transactions with ease.
Norebase
Pre Seed Round in 2022
Norebase is a company that facilitates business operations in Africa by leveraging technology to simplify the complexities of the market. It specializes in providing intellectual property services that enable businesses to scale across the continent. Norebase offers a streamlined process for setting up and registering trademarks, allowing clients to efficiently upload necessary documentation and obtain a registered company along with a tax identification number. This approach reduces the hassle and risks associated with doing business in Africa, supporting clients in building and expanding their enterprises globally.
MoneyHash
Pre Seed Round in 2022
MoneyHash streamlines payment processes for businesses by offering a unified API that integrates various pay-in and pay-out rails. It provides a customizable checkout experience, optimizes transaction routing to minimize fraud failures, and offers centralized reporting.
Union54
Seed Round in 2021
Union54 is a debit card issuing API that facilitates the issuance of debit cards for fintech companies and corporates without the need for a bank or credit card processor. Founded in 2020 and based in Lusaka, Zambia, the company provides essential services such as BIN sponsorship, transaction processing, and settlement. This allows software companies to seamlessly integrate debit card services into their offerings. In addition to its core services, Union54 is involved in the development of secure messaging and instant payment systems, providing tools for both civilian and government use. Its software solutions include a messaging application with an integrated wallet and an API for creating chat applications, enabling clients to securely communicate and manage payments.
Payday
Pre Seed Round in 2021
Payday is a fintech platform that provides global payment solutions such as virtual mastercards and payments for foreign employees. Payday can also be used to handle payroll, taxes, and compliance by foreign companies with African employees.
Payday was established on May 1, 2021 in Vancouver, British Columbia by Favour Ori.
HoneyCoin
Pre Seed Round in 2021
HoneyCoin is a cryptographic payment and monetization platform that facilitates instant peer-to-peer transactions and enables users to send and receive payments across networks. The platform also connects creators with consumers, particularly in Africa, helping creators monetize their content, reach audiences, and earn and withdraw earnings from their talent.
Union54
Pre Seed Round in 2021
Union54 is a debit card issuing API that facilitates the issuance of debit cards for fintech companies and corporates without the need for a bank or credit card processor. Founded in 2020 and based in Lusaka, Zambia, the company provides essential services such as BIN sponsorship, transaction processing, and settlement. This allows software companies to seamlessly integrate debit card services into their offerings. In addition to its core services, Union54 is involved in the development of secure messaging and instant payment systems, providing tools for both civilian and government use. Its software solutions include a messaging application with an integrated wallet and an API for creating chat applications, enabling clients to securely communicate and manage payments.
Mecho
Venture Round in 2021
Mecho is an on-demand auto repair and maintenance platform tailored for individuals and businesses in Africa. The platform facilitates the registration and scheduling of maintenance services, connecting customers with a network of certified mechanics and automobile technicians. By offering seamless access to vehicle maintenance, inspection, and repair services, Mecho aims to enhance the automotive service experience for its users.
Rivy
Pre Seed Round in 2021
Rivy is making it easier to finance small and medium sized businesses in Africa. There is a need for financing of $158 bn for SMEs in Nigeria alone. To start, Rivy o helps SMEs access and spend lender capital effectively. During their first full operational year in 2020, the Rivy o co--founders leveraged their domain expertise and founding experience to beat their 2020 goal by 50%.
CreditClan
Seed Round in 2021
Creditclan is a BNPL platform which helps businesses offer point of transaction credit to consumers across Africa. We do so by focusing on products and service channels where point of transaction credit decisions are being made. We create powerful ecosystems of businesses and consumers, with our current focus on Merchants, Schools and Rent.
With a background in credit infrastructure, credit scoring, origination etc, and supporting 100+ financial institutions and banks in the past, we pivoted to BNPL and exited beta in January 2022.
MoneyHash
Pre Seed Round in 2021
MoneyHash streamlines payment processes for businesses by offering a unified API that integrates various pay-in and pay-out rails. It provides a customizable checkout experience, optimizes transaction routing to minimize fraud failures, and offers centralized reporting.
OmniRetail
Pre Seed Round in 2021
OmniRetail is a B2B e-commerce platform founded in 2019, headquartered in Lagos, Nigeria. It aims to digitize the consumer goods supply chain from manufacturers through distributors to retailers, improving reliability, visibility, and financial capabilities.
Mono
Pre Seed Round in 2020
Mono is a Nigerian company founded in 2020 that specializes in developing a financial data infrastructure application programming interface (API) platform. The company aims to enhance access to financial accounts and improve onboarding and identification processes across emerging markets in Africa. Mono's platform offers a variety of services, including the generation of bank statements, account verification, payment initiation, and credit checks. By providing businesses with secure and efficient access to crucial financial data, Mono empowers organizations ranging from startups to large enterprises, facilitating their ability to thrive and contribute to economic growth in the region.
MarketForce
Seed Round in 2020
Founded in 2018, MarketForce is a technology company based in the US, Kenya, and Nigeria. It operates an asset-light business model, providing a comprehensive B2B commerce and fintech platform, 'RejaReja', empowering African merchants to digitize their inventory sourcing, ordering, payments, and access financing. The platform also enables merchants to resell digital financial services like airtime and bill payments. MarketForce is operational in five Sub-Saharan African markets, serving over 200,000 merchants and 50 consumer brands.
Itana
Pre Seed Round in 2020
Itana operates Africa's first Digital Free Zone, enabling global tech companies to operate remotely across the continent without physical presence. It offers end-to-end support for business incorporation, banking, licenses, immigration services.
Wella Health
Grant in 2020
WellaHealth is a startup focused on improving healthcare access for low-income individuals and families in Nigeria. The company has developed a digital triage bot that provides guidance based on the Nigeria Centre for Disease Control guidelines, allowing users to log their health responses for potential follow-up by public health authorities. In addition to this innovative tool, WellaHealth offers micro-health insurance plans that target prevalent diseases, providing affordable coverage for treatments and medications. Their platform connects users to a network of pharmacies and healthcare professionals, enabling them to manage their health needs without facing significant financial strain.
Wellvis is a telehealth platform that enables users worldwide to discuss health-related issues and access verified medical information. It facilitates paid consultations via instant messaging or video calls with healthcare professionals, connects patients with chronic illnesses through support groups, and offers appointment scheduling.
My Service Agent
Grant in 2020
MyServiceAgent is an artificial intelligence (AI) powered intelligent IVR system that can communicate with hundreds to thousands of callers simultaneously and intelligently and disseminate correct information from the Nigeria Centre for Disease Control as well as pass on the data to the NCDC to act on swiftly.
SeamlessHR
Seed Round in 2019
SeamlessHR Limited is a human resource technology software company based in Lagos, Nigeria, founded in 2013. It specializes in creating enterprise-grade, cloud-based HR solutions designed to automate and optimize the entire HR process for medium to large-sized organizations. The company's comprehensive product suite includes a Recruitment Management System, HR Information System (HRIS), Performance and Competency Management, Payroll Management, Leave Management, and Learning Management System, among other modules. These tools facilitate various HR functions such as recruitment, training, payroll processing, performance evaluation, and analytics, enabling businesses to streamline their human resource operations from recruitment to retirement. Additionally, SeamlessHR provides embedded finance solutions that enhance financial security for both employers and employees.
FINT is Nigeria’s first debt financing marketplace, connecting investors seeking competitive returns with credit-worthy individuals or businesses looking for attractive interest rates on short-term personal or business opportunity loans. Its automated platform ensures efficient borrowing and a win-win situation for both lenders and borrowers.
Gradely.ng
Seed Round in 2019
Gradely.ng Limited operates a personalized learning platform designed for secondary school students in Nigeria. Founded in 2019 and based in Yaba, the company utilizes artificial intelligence to provide tailored learning materials, online tutorials, and video lessons. Gradely focuses on enhancing exam preparation by offering assessment reporting, tracking, and training for teachers, along with computer-based tests and a learning progress tracker for schools. The platform employs analytics to identify and address learning gaps in real-time, assisting parents and educators in supporting students effectively. Through adaptive homework tests available on web and mobile devices, Gradely assesses students' understanding of various topics and recommends specific practice sets and remedial resources. The system allows teachers to create and assign homework efficiently, while generating progress reports for students, parents, and schools. Gradely's innovative approach ensures a comprehensive learning experience by continuously adjusting the difficulty of questions based on students' mastery levels.
Trove Technologies Limited operates an online platform designed to facilitate investment in a range of securities, including stocks, bonds, mutual funds, and cryptocurrencies. Based in Lekki, Nigeria, Trove aims to simplify the investment process for beginners by providing an accessible application that allows users to easily find and select investment opportunities. The platform features a user-friendly KYC process, brokerage services, and a personalized news feed related to the assets traded. Trove enables investors to participate in both local and international markets, offering access to Nigerian stocks, government bonds, and a selection of cryptocurrency assets. Through its seamless approach to micro-investing, Trove empowers users to engage with the financial markets with ease.
Piggyvest
Seed Round in 2018
Piggyvest is a Nigerian fintech platform offering an automatic savings service that helps individuals and businesses save small amounts regularly by automating deposits on daily, weekly, or monthly schedules. The service uses predefined withdrawal dates to reduce temptation and simplify saving, while enabling goal-based saving and automated disbursement of returns to users’ bank accounts. By combining easy-to-use savings with flexible options, Piggyvest aims to make saving accessible and effortless, helping users manage their finances with minimal effort.
Gerocare
Pre Seed Round in 2017
GeroCare is a technology-driven company focused on providing home-based eldercare solutions to families, particularly in African communities. For over five years, it has developed a cloud-based platform that facilitates regular doctor visits for elderly individuals, allowing adult children to arrange healthcare for their parents easily. Through the GeroCare application, users can subscribe for monthly home medical care and receive detailed reports on each doctor's visit. This service enables families to monitor the health status of their elderly loved ones while allowing for the payment of necessary medical tests and medications through the app. Communication between the elderly beneficiaries and doctors mainly occurs via phone calls, ensuring accessibility even for those without internet-enabled devices. GeroCare’s model is scalable and can be replicated across various medical specialties and locations, fundamentally transforming traditional healthcare delivery by providing essential services directly in patients' homes.
Founded in 2016, Tizeti delivers unlimited broadband internet services using Wi-Fi technology across Africa. It targets densely populated urban centers, leveraging low-cost solar power and Wi-Fi's large wireless capacity to create a customer-friendly pricing model.
ThriveAgric
Pre Seed Round in 2017
ThriveAgric is a technology-driven agribusiness company empowering smallholder farmers across Africa. It provides access to finance, data-driven advisory services, and connects farmers with local and global markets for their produce.
MyPadi is a leading real estate platform in Nigeria that specializes in connecting students with off-campus hostels and potential roommates. The platform provides a comprehensive array of resources, including photographs, video tours, pricing details, and roommate profiles, all sourced from verified landlords. By offering this information, MyPadi enables students to make informed decisions about their housing options near their educational institutions, streamlining the search process for suitable accommodation.
Gerocare
Seed Round in 2017
GeroCare is a technology-driven company focused on providing home-based eldercare solutions to families, particularly in African communities. For over five years, it has developed a cloud-based platform that facilitates regular doctor visits for elderly individuals, allowing adult children to arrange healthcare for their parents easily. Through the GeroCare application, users can subscribe for monthly home medical care and receive detailed reports on each doctor's visit. This service enables families to monitor the health status of their elderly loved ones while allowing for the payment of necessary medical tests and medications through the app. Communication between the elderly beneficiaries and doctors mainly occurs via phone calls, ensuring accessibility even for those without internet-enabled devices. GeroCare’s model is scalable and can be replicated across various medical specialties and locations, fundamentally transforming traditional healthcare delivery by providing essential services directly in patients' homes.
KUDI is a financial service provider focused on providing access to electronic banking and financial services by leveraging conversational interfaces, natural language processing and artificial intelligence to provider faster access, frictionless experience, and ultimately boost financial inclusion in emerging markets.
KUDI is enabling secured financial transactions via Facebook, Telegram, Slack and Skype.
KUDI's focus is the African market with a primary focus on the Nigerian Payment ecosystem and the company does this in partnership with e-payment regulators, a leading commercial bank, and an international payment processor.
Paystack
Seed Round in 2016
Founded in 2015, Paystack enables African businesses to accept payments from anyone worldwide via credit/debit cards, money transfers, and mobile money on their websites or apps. Its platform simplifies secure online transactions.
Proteach
Seed Round in 2016
Proteach is an educational service provider based in Nigeria, specializing in personalized home and school tutoring. The company focuses on one-to-one learning, recognizing its effectiveness in enhancing educational outcomes. By creating a platform that connects students with qualified tutors, Proteach aims to make quality education accessible, affordable, and convenient. The platform not only tailors learning experiences to individual styles but also assists teachers in securing employment opportunities. Additionally, Proteach empowers parents and learners to find the best-suited tutors to help achieve their educational objectives, thus transforming the approach to education in the region.
crowdForce
Seed Round in 2016
crowdForce operates a crowdsourcing platform and an offline distribution network that helps businesses accelerate adoption of digital, crypto, and financial services among underserved populations. The company serves banks and fintechs, nonprofits, market researchers, government agencies, and field agents, providing access to real-time consumer data and enabling deployment of digital services in emerging markets. Founded in 2016, crowdForce has a footprint in Nigeria with an additional presence in the United States.
DriversNg
Seed Round in 2016
DriversNg provides reliable and professionally trained drivers to individuals, companies and organisations all over Nigeria.
Proteach
Seed Round in 2016
Proteach is an educational service provider based in Nigeria, specializing in personalized home and school tutoring. The company focuses on one-to-one learning, recognizing its effectiveness in enhancing educational outcomes. By creating a platform that connects students with qualified tutors, Proteach aims to make quality education accessible, affordable, and convenient. The platform not only tailors learning experiences to individual styles but also assists teachers in securing employment opportunities. Additionally, Proteach empowers parents and learners to find the best-suited tutors to help achieve their educational objectives, thus transforming the approach to education in the region.
Paystack
Non Equity Assistance in 2016
Founded in 2015, Paystack enables African businesses to accept payments from anyone worldwide via credit/debit cards, money transfers, and mobile money on their websites or apps. Its platform simplifies secure online transactions.