Led · Series A · Oct 2025

Founded in 2016 by Ryno Goosen and his team, Locstat has built a graph-powered artificial intelligence and complex event-processing platform that continuously analyses both real-time and static data. The system surfaces hidden insights for use cases such as fraud detection, anti-money laundering, customer journey mapping and geo-spatial analytics, and is already deployed across high-volume African financial-services environments. Locstat’s technology combines streaming analytics with graph data science to drive faster, smarter decision-making for its clients. Having proven its capabilities in Africa, the company now plans to expand its footprint in the United Kingdom and broader European Union while continuing to grow across Africa. To support this, it secured fresh capital in a pre-Series A round. The new funds position the company to scale its partner network and accelerate go-to-market activities in Europe.

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.