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The Venture Codex

Nedbank

135 Rivonia Road, Sandown, Sandton, Gauteng, 2196, South Africa

Overview

Imperial Bank combines the collective skills, relationships and resources of Nedbank Limited and Imperial Holdings Limited to bring you an innovative finance partner. We are a focused, entrepreneurial team that is managed in accordance with sound banking and risk management principles.

Total investments
4
Lead investments
1
Investments · 12mo
1
Active investors
5

Sector focus

  • Banking
  • Finance
  • Financial Services
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Investment portfolio

  • Kuunda

    Participated · Series A · Oct 2025

    Founded in 2018, Kuunda offers an embedded digital lending platform that lets banks and consumer platforms extend overdraft and working-capital credit to agents, micro-SMEs, and consumers. Its Lending-as-a-Service engine analyzes billions of data points to deliver tailored, sustainable credit decisions. The solution integrates directly into mobile money, e-commerce, and gig-economy channels, broadening financial access for underserved users. Kuunda has expanded from its initial markets of Tanzania and Pakistan into Uganda, Malawi, Kenya, and Mozambique, and plans further roll-outs across Africa and the MENA region. To date, the platform has powered more than USD 3 billion in loans and serves over 10 million end users. The company will apply new capital to deepen product innovation and accelerate geographic expansion while continuing to scale its LaaS offering.

  • Omnisient | Collaborative Consumer Intelligence

    Led · Equity · Jul 2021

    Omnisient builds a secure data collaboration platform that uses proprietary technology to enable data virtualisation: organisations can compare shared, de‑identified customer assets and run BI/analytics without moving or exposing personal data. The platform is designed to preserve compliance with global privacy regimes including the GDPR and POPIA while enabling tailored products, improved engagement and collaborative marketing opportunities. The company was re‑incorporated in 2019 by founders Jon Jacobson and Anton Grutzmacher and completed an initial investment round last year. Omnisient says its technology helps organisations unpack new insights and target audiences without compromising privacy. The startup plans to use recent funding to expand the team, accelerate product development and drive international expansion, focusing on the US, UK and the Middle East. Omnisient builds the intersect.ai platform to enable secure data collaboration while protecting customers' data privacy and intellectual property. The platform is designed to help businesses comply with complex data-privacy laws such as South Africa's POPI and the EU's GDPR, and received compliance validation from law firm Edward Nathan Sonnenbergs during investor due diligence. Since launch the company has gained traction with banks, insurers and retailers, currently servicing three major South African banks and four top South African retailers. Founded in 2014 by Jon Jacobson, Matt Mckie and Anton Grutzmacher, Omnisient currently has a team of eight and plans to expand to at least 12, including hires for a Johannesburg sales office and a chief financial officer likely based in Johannesburg. The company already offers KYC services to data partners in Nigeria and intends to expand further into Africa, with Nigeria cited as an initial target market. The article notes regulatory timelines and potential fines under POPI and GDPR that are expected to drive demand for the platform.

  • WhereIsMyTransport

    Participated · Series A · Feb 2020

    WhereIsMyTransport builds detailed maps of formal and informal public transport networks and uses that data to power consumer and enterprise journey-planning and analytics products. It licenses transport network data to governments, development finance institutions, NGOs, operators and third-party developers for research, analytics, insights and solutions. The company launched a consumer product, Rumbo, in Mexico that has more than 100,000 users and delivers over 750,000 real-time network alerts. WhereIsMyTransport has mapped 41 cities across 28 countries and has completed data projects in Mexico City, Lima, Bangkok, Gauteng and Dhaka, with an established presence in South Africa and Mexico. The team says it plans to launch Rumbo in Lima later this year. Clients include Johannesburg’s Gautrain, Transport for Cape Town, Google, the World Bank and WSP. WhereIsMyTransport specialises in mapping formal and informal public transport networks across emerging markets. Its integrated mobility API uses proprietary algorithms and features designed for the complex transit networks found in those cities. The company has mapped 34 cities in Africa, is mapping cities in India, Southeast Asia and Latin America, and its platform contains more than 750,000 km of routes in 39 cities. WhereIsMyTransport collects diverse transport data and turns it into usable information for planners, operators and commuters—summed up as making “the invisible visible.” The startup positions its products to address mobility challenges that disproportionately affect poor and fast-growing urban populations and to support social and economic development. The company plans further international expansion supported by new strategic investment and partnerships. WhereIsMyTransport collects and provides access to public transport data and offers journey-planning services via an open integrated mobility data platform. The firm aggregates data from more than 30 major cities, including Johannesburg, Cape Town and Durban. Originally founded in 2008 in Cape Town, the company relaunched in 2015 and now operates from Cape Town and London. It is expanding into India, Southeast Asia and Latin America, and carried out data collection in Mexico City last year. The company underwent staff retrenchments in late 2017 but described itself as being in an expansion stage; a March visit observed roughly 20–30 staff at work. Management did not disclose whether the company is generating revenue. As of this raise the firm has reported total funding of $5.8 million.

  • Snapt

    Participated · Series A · Dec 2018

    Snapt builds a software-only application delivery controller (ADC) that provides load balancing, acceleration and security tailored for DevOps, cloud, cloud-native and virtualized deployments. Its ADC is used by customers ranging from start-ups to the Fortune 500 and emphasizes flexibility, performance and virtualization. The company plans to use its new funding to expand sales and marketing globally, grow its US presence and worldwide channel program, and to invest in research and development. Snapt is privately held, was founded in South Africa, and has its headquarters established in Atlanta, Georgia with offices in South Africa. It is backed by African institutional investors including Convergence Partners and 4Di Capital. The company highlights strong customer traction in enterprise and intends to continue developing new protocols and executing its IP strategy. Snapt provides virtualized and cloud-based load balancing, web acceleration and security software. The company serves a global customer base of 10,000 customers across 50 countries. It offers a startup package at USD 55 per month that includes 24/7/365 service availability and an average response time of three minutes. Launched in 2012 and led by CEO Dave Blakey, Snapt is headquartered in Johannesburg, South Africa, and recently opened its first US office in Atlanta. Snapt received $1M in growth funding from Convergence Partners and plans to use the capital to expand operations.

Team

  • Mpho Makwana

    Chairman

  • Johann Van Zyl

    Venture Capital and Alternative Investments

    LinkedIn
  • Stuart van der Veen

    CIB Head: Disruption and Innovation

    LinkedIn
  • Adriano Iorio

    Engineering Lead

    LinkedIn