Enygma Ventures

Public data, unclaimed profile

Capital-risque pour les entreprises fondées par des femmes en Afrique australe.

Investment thesis

Investment ticket: — – —
Instruments: Equity
Preferred sectors: Fintech, SaaS, E-commerce, Business & personal services, Media & entertainment*, Tourism & hospitality*
Target geographies: Southern Africa
Stages (stated by the fund and from its deals): Series A

Reference deals

Recent public deals: they say better than a thesis what the fund actually signs.

Lupiya

February 2026 · Zambie

Series A11.2 M$EquityFintechCo-Invest

Co-investor alongside IDF Capital’s Alitheia IDF Fund

Activity : Neobank and digital banking

Lupiya was founded in 2016 by Zambian entrepreneurs Evelyn Chilomo Kaingu (CEO) and Muchu Kaingu (CTO).

Co-investors DEG, INOKS Capital

Source : launchbaseafrica.com

In short

Enygma Ventures invests across the following sectors: Fintech, SaaS, E-commerce, Business & personal services, Media & entertainment, and Tourism & hospitality, in the following areas: Southern Africa. Check in 30 seconds whether your company fits these criteria.

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