• Norebase

  Participated · Seed · May 2022

  Norebase provides a platform and plug‑and‑play Incorporation API that lets founders and businesses incorporate in multiple African countries and the U.S. within minutes or expand to new locations in about a week. Its services include incorporation, bank‑account openings, virtual mailing addresses, and trademark/IP registration, with upsells tied to regulatory and compliance needs. The company launched in September 2021 and says its incorporation service currently covers Nigeria, Kenya, Ghana, South Africa, Rwanda, Senegal, Togo, Tanzania, Ivory Coast, Egypt, Mauritius and Burkina Faso. Norebase reports nine partners for its API and claims 100% month‑on‑month growth in transaction volumes and 40% month‑on‑month revenue growth over the last six months. Clients named in the article include Brass, Nestcoin, Edenlife, Orda, Sudo Africa, GetEquity, Workpay, Kloudcommerce and Patricia. The startup competes with at least one Lagos‑based firm, Sidebrief, and plans to continue product development and hiring to scale.

• Float

  Participated · Seed · Jan 2022

  Float offers flexible short‑duration credit lines and a cash‑management platform that combines lending (invoice advances, revenue advances, invoice factoring) with software tools to manage accounts, wallets, bills, vendor payments, payment links, budgets and spend cards. The company launched its product in June 2021 after rebranding from Swipe and was founded in 2020 by CEO Jesse Ghansah and Barima Effah. In its first seven months live Float onboarded hundreds of businesses across retail, manufacturing, fintech, e‑commerce, media and health, and has delivered $10M in credit spend and cash advances; its payment transaction volume is in the eight figures and grew 26x. The seed funding will be used to expand geographically (plans to set up entities in Kenya and South Africa by Q2 pending licenses), improve its cash‑management platform and launch credit products tailored to specific verticals. Float positions itself as a "financial operating system" for African SMBs by combining readily available, flexible working capital with integrated software services.

No current team members are available.