42Markets Group incubates, invests in, and develops high‑growth specialized businesses serving financial and capital markets across Africa. The group focuses on digital transformation to lower costs and friction, increase transparency, and enable real‑time risk management across a wide range of financial products. It aims to broaden access to banking and financial services, connecting central banks and large asset generators to corporate and retail investors. 42Markets has expertise in decentralized finance (DeFi), regtech, and fintech. The company plans to expand its product offering and geographic footprint, and says the addition of Convergence Partners as an investor will accelerate that growth.

Total raised

$10M

Funding rounds

1

Latest round

Equity

Latest activity

May 2023