Participated · Series C · Oct 2025

Founded in 2015, Moniepoint (formerly TeamApt) offers a comprehensive financial platform that spans digital payments, business and personal banking, credit, cross-border payments, and business management software for micro, small, and medium-sized enterprises. Originally focused on building payment infrastructure for traditional banks, the company has broadened its suite to serve both merchants and individual consumers. Moniepoint supports more than 10 million active business and personal banking customers and processes over US$250 billion in annual digital payment transaction value. Recent product launches include MonieWorld, a remittance service for the African diaspora in the UK, and an integrated payment and bookkeeping tool aimed at simplifying MSME operations. The company generates revenue primarily from transaction fees, banking services, and credit products, though exact figures were not disclosed. With fresh capital in hand, Moniepoint plans to accelerate expansion across additional African markets and into select international geographies while continuing to roll out new financial solutions. The firm has already attracted a diverse base of global investors that include leading development finance institutions and fintech-focused VCs.

Led · Equity · Mar 2019

Daystar Power develops and operates hybrid renewable energy systems for businesses across West Africa and currently manages and operates 150 power plants in Nigeria. The company supplies hybrid solar power solutions to clients in financial services, manufacturing, and agriculture. It plans to increase installed solar capacity to 140 MW by 2024. This year Daystar has raised $62 million, including a $38 million Series B in January and a $4 million financing for its Ghanaian subsidiary with DEG. Daystar is collaborating with the IFC’s Energy2Equal program, supported by the Canadian government, to address gender disparities and increase women’s participation in leadership and technical roles. The company says it will use new funding to expand project capacity and support additional Nigerian businesses with clean, cheap power. Daystar Power, founded in 2017, provides hybrid solar power solutions to businesses through its Solar-as-a-Service and Power-as-a-Service offerings that reduce clients' overall power costs. The company is active in Nigeria, Ghana, Togo and Senegal and maintains a representative office in Ivory Coast. It currently has 23 megawatts of installed capacity and has offset approximately 5,000 metric tonnes of CO2 to date. Management reports a more than 50-fold increase in power-as-a-service revenue over the last two years. Daystar serves clients in financial services, manufacturing, agricultural, and natural resources sectors. The company plans to expand installed capacity to over 100 megawatts, grow operations in Nigeria and Ghana, deepen its regional presence, enhance its digital offerings, and expand local teams. Daystar Power, founded in 2017 and based in Lagos, provides solar power and energy-efficiency solutions for commercial, industrial, and agricultural customers. The company deploys pure solar and hybrid solar-fossil fuel systems and offers transparent payment plans, scheduled maintenance, and claims 99.9% uptime with no upfront costs. Daystar is targeting the West African market. Co‑founded by Christian Wessels and Jasper Graf von Hardenberg, the company seeks to scale its energy provision services. To support that scaling, Daystar secured $4 million in debt financing from SunFunder. Its acceptance into Endeavor Nigeria's entrepreneur network is intended to expand access to global credit and customers. Daystar Power, founded in 2017 by Christian Wessels and Jasper Graf von Hardenberg, provides solar power and battery storage solutions for commercial and industrial clients. It operates two models: Power as a Service (PaaS), supplying all site power for a fixed service fee, and Solar as a Service (SaaS), selling solar-generated power per kWh with a guaranteed offtake. Its systems range from 20 kWp to 5 MWp, claim up to 25% savings versus diesel and guarantee 99% uptime. The company offers monthly payment options to reduce customers' capital costs and uses best-in-class equipment with long-term warranties and local technical support. Daystar recently closed a $10 million investment and lined up $16 million in debt financing to support solar expansion across West Africa. It currently serves clients in Nigeria, Ghana and Tanzania and plans expansion into Kenya and Zambia.