Participated · Equity · May 2026

Checker provides a single-API network that gives regulated financial institutions access to stablecoin liquidity, fiat on- and off-ramps, payment rails, and tools for trading, payments, treasury, and credit. Over the past year its initial stablecoin liquidity product scaled from $0 to $3B in total processing volume across about 30 institutional customers, including Rail, Braza Bank, and Belo. The platform processes roughly 1% of annual global B2B stablecoin payments volume and supports 75 global currencies for FX, collections, payouts, named accounts, and trading. Checker emphasizes reducing fragmentation by orchestration of liquidity and compliance across markets so institutions do not need to integrate multiple providers. With the new funding the company plans to expand global payments coverage to reduce correspondent banking dependencies, add embedded borrowing and lending to lower pre-funding needs, and deploy AI-powered agents for treasury and back-office automation. The company is backed by leading investors and strategic financial partners including Galaxy Ventures, Al Mada Ventures, Framework, Bitso, and Airtm.

Participated · Seed · Jun 2025

Borderless provides backend infrastructure that lets diaspora investment clubs onboard members, accept cross-border payments, and deploy funds directly to verified startups and property sellers, embedding legal and compliance checks throughout the process. Since launching its beta in 2023, the platform has processed more than $500,000 in transactions and currently supports collectives that have backed over 10 startups and two Kenyan real-estate projects, with minimum tickets of $1,000 for startups and $5,000 for property. More than 100 additional communities are on its waitlist. Borderless makes money from transaction fees, a share of membership dues, and foreign-exchange spreads, with plans to add remittance products, payout fees, and broader asset-management tools. Future asset classes under consideration include film and diaspora bonds. Founder Joe Kinvi, a former Stripe and Paystack product and growth lead, positions the company to unlock an estimated $30 billion in idle migrant savings each year. The model emphasizes trust by routing investor funds directly to escrow or legal accounts, never through collective managers.

Participated · Equity · Mar 2025

Stable Sea provides dashboard tooling, orchestration and access to compliant liquidity to enable companies to convert stablecoins into local fiat across global markets. Its core product focuses on last-mile payout efficiency and compliant stablecoin conversion for Fortune 500 companies, fintechs, and startups. The company was founded by a team with extensive experience in fintech, crypto and payments infrastructure and is led by CEO Tanner Taddeo. Stable Sea says it will use the $3.5 million funding to further its mission of providing efficient, cost-effective and compliant stablecoin offramping solutions. The announcement cites the broader industry context — a $15.6 trillion annualized stablecoin transaction value in 2024 — to underscore demand for seamless liquidity and conversion. The company is headquartered in San Francisco and positions its product to bridge digital and traditional financial systems.

Led · Equity · Jul 2024

TurnStay builds payment infrastructure for Africa’s tourism sector using a merchant-of-record model and stablecoin-based payouts to process payments in a traveller’s home country while settling funds locally. Its platform aims to cut cross-border payment fees by up to 70% and accelerate settlement times. The company was founded by fintech veterans Alon Stern and James Hedley. Since its $300K pre-seed in 2024, TurnStay has processed over ZAR 250M in transactions and secured key industry partnerships. With the new funding, TurnStay plans to scale across Africa, offering travel operators an alternative to global booking platforms. The product is positioned to boost operator margins and enable direct bookings. TurnStay provides a localized payments solution for the African travel and tourism sector, charging customers in their home currency and using familiar payment methods. The platform applies techniques used by major booking companies to lower card billing costs by up to 70% and has halved unnecessary failed transactions, boosting checkout conversion rates. TurnStay enables merchants to capture more direct bookings, reducing commissions paid to online travel agencies. The company has processed more than ZAR50 million (about US$2.8 million) in transactions to date. TurnStay will use the US$300,000 funding to expand quickly into additional African markets. Founders James Hedley (co-founder of Quicket) and Alon Stern (co-founder of Slide Financial) lead the business, and investors view the team as well-suited to scale across the continent.

Participated · Seed · Apr 2023

Chargel is a logistics technology company operating in Senegal that aims to simplify and optimize freight and logistics processes. The startup concentrates on rationalizing logistics operations, suggesting a focus on improving efficiency for shippers and carriers. To advance these objectives, Chargel has secured USD 750,000 in pre-seed funding. The fresh capital will be allocated to further streamline the firm’s internal processes and service offering. While detailed operating metrics such as revenue, user counts, or growth rates were not disclosed, the raise indicates early investor confidence in the model. The company remains in its pre-seed stage, and this funding provides runway for product development and initial market execution. Future plans implied by the raise center on operational refinement and scaling within Senegal’s logistics ecosystem.