Participated · Seed · Aug 2025

HoneyCoin provides stablecoin-powered payment infrastructure that connects directly to banks, mobile-money networks, and global payment partners to settle transactions in hours instead of days. Its stack includes a proprietary AI Matching Engine and a global colocation network of strategic banks to net flows and speed same-day settlements. The company processes about $150 million in monthly transactions, serves 350 enterprise clients and 326,000 direct consumers, and reports being profitable for the past two years. HoneyCoin says B2B volumes are growing 16% month-on-month while consumer activity via its Peer app grows 5% monthly, with roughly 60% of transactions domestic B2B. Founded in 2020 and operating in 15 African countries plus the US, parts of Europe and other emerging markets, it holds multiple licences (MSB/PSSP in Canada, VASP in Europe, MSB approval in the US) and regulatory Letters of No Objection in Nigeria, Kenya, and Tanzania. The company plans product and market expansion — including a stablecoin-backed Visa debit card, a cross-border liquidity solution with Interswitch, BaaS in Ghana/Malawi/Tanzania, and a software POS for East Africa — and will hire senior executives and secure more licences as part of its growth push.

Participated · Seed · May 2024

Orca Fraud builds an adaptive fraud-detection platform that plugs directly into payment rails such as mobile wallets, cards, stablecoins and bank transfers. Trained on messy, real-world emerging-market data, its machine-learning models make instant decisions during the transaction flow, protecting against complex attacks without slowing legitimate payments. The system is designed for informal economies where traditional KYC is patchy, allowing it to outperform legacy vendors like Feedzai and NICE Actimize and regional peers such as Curacel and Beam. Today, Orca monitors more than $5 billion in payments every month across 70+ countries for banks, fintechs and telcos. Co-founded by Thalia Pillay and Carla Wilby, the company’s architecture continually improves as volumes grow, giving it a compounding data advantage. With fresh capital, Orca plans to deepen integrations with large African banks and telcos, boost infrastructure to handle 10× current volumes, and expand into Latin America and Southeast Asia while tackling new fraud vectors like AI-generated account takeovers.

Participated · Seed · Feb 2024

Hohm Energy runs a software and marketplace model that automates proposal and custom design processes, matches homeowners with accredited solar installers, and integrates procurement and finance. Its platform includes mobile apps and SaaS tools for installers, a “Home Ranger” supervision feature for installations, and a fulfillment process covering post-sales repair and maintenance. The company has produced more than 17,000 tailored rooftop designs valued at $190 million and has facilitated over $90 million in finance applications to retail banking partners. Average order value on the platform is roughly $8,000–$12,000, and the business reports a 4x–5x increase in GMV and revenue since launch. Hohm partners with South African retail banks (Investec, Nedbank, MFC, WesBank and Capitec) to offer structured financing options including home loans, solar loans and lease‑to‑own. The team says it aims to attain sustainable profitability this year and will use the new funding to double down on its climate‑fintech strategy, bolster technology, and launch a program to train local solar installers. While the model is seen as scalable to other African and emerging markets, Hohm remains focused on deepening its presence in South Africa given ongoing power disruptions.

Participated · Seed · Feb 2023

Terraa sources fresh produce directly from farmers and fulfills orders for retailers, restaurants and other resellers via its website and WhatsApp. The company performs most processes internally for quality control and plans to increasingly partner with vetted external providers to support operations. It addresses a fragmented Moroccan fresh-food supply chain dominated by intermediaries, aiming to reduce post-harvest losses and offer consistent, competitively priced goods. Terraa cites high inefficiencies and opacity in the value chain and notes that up to 40% of fruits and vegetables in North Africa are lost or wasted. The startup intends to build collection centers in major agricultural cities to store and distribute collected produce. It plans to use its new funding to strengthen logistics infrastructure, expand across Moroccan cities, and explore regional expansion within about a year. Terraa also plans to develop demand-forecasting capabilities to guide farmers on what and how much to produce, reducing overproduction and wastage.

Participated · Series A · Aug 2022

Omnibiz operates an asset-light B2B e-commerce platform and retail operating system that connects FMCG manufacturers, partner distributors and last-mile logistics to informal retailers via a mobile app, WhatsApp channel and phone ordering. The company offers the MyStore bookkeeping app that integrates procurement, inventory, sales tracking and BNPL working-capital services to improve retailer retention and operations. Omnibiz serves over 3,000 daily active retailers, reports an annual GMV of $130 million, and has expanded to 12 Nigerian cities and into Ghana. The platform partners with more than 70 logistics providers and delivers products from over 200 brands. Founded in 2019 by Deepanker Rustagi and based in Lagos, Omnibiz focuses on retailer loyalty and unit economics rather than broad registered‑merchant counts. The company plans regional expansion into Abidjan, Takoradi, Kumasi and Accra and aims to grow daily active retailers to 10,000 next year. Omnibiz digitizes the informal B2B FMCG supply chain by connecting manufacturers with retailers through a mobile app, WhatsApp channel and a phone number for orders. The company uses an asset-light model: partner distributors warehouse goods while Omnibiz contracts third-party logistics to deliver orders to retailers within 24 hours. It serves more than 20 brands, including Coca-Cola, Nestlé, Kellogg’s, Unilever, Procter & Gamble and Kimberly‑Clark, with top categories of food, non-alcoholic beverages, personal care and baby care. Omnibiz currently operates in Lagos, Abuja, Port Harcourt and Kaduna and plans to add Ibadan and Kano before the end of August, then expand into West African cities such as Abidjan, Takoradi, Kumasi and Accra. The company plans new tech products, expanded category coverage (alcoholic beverages and OTC pharmaceuticals) and tools to improve retailers’ access to working capital and business management. Management reports 30% month-on-month growth over the past 12 months and has raised fresh capital to support expansion.