Workpay
August 2024 · KenyaSeries A5 M$EquitySaaSCo-Invest
Co-investor alongside Norrsken22
Activity : Enterprise software (SaaS)
Kenya HRtech Workpay Raises USD 5 M Series A.
Co-investors Visa, Y Combinator, Acadian Ventures, Saviu Ventures, Axian CVC, Plug and Play Ventures
Source : weetracker.com
Zone
March 2024 · NigeriaSeed8.5 M$EquityFintechCo-Invest
Co-investor alongside TLcom Capital
Activity : Fintech infrastructure (APIs, open banking, BaaS)
Vehicle : TIDE Africa Fund II
Zone operates a blockchain network powering fiat transactions and, eventually, CBDC/crypto payments for Nigerian banks and fintechs.
Why they invested
- Redesigning Africa's payment rails via blockchain
- First VC round after becoming a standalone business in 2022
- Early positioning on decentralized payment rails
Co-investors Endeavor Catalyst, Alter Global, Flourish Ventures, Digital Currency Group
Source : techpoint.africa