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Top 35 FinTech Startup Investors in Uganda (May 2026)

The most active venture capital funds and angel investors investing in Uganda FinTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Uganda FinTech startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Segal Family Foundation
VC Fund
2 Uganda, United States Seed, Series A, Series B Financial Services, Apps, Water
MFS Africa
VC Fund
2 France, Uganda, Germany Seed, Series A FinTech, Insurance, Mobile
The Draper Richards Kaplan Foundation
VC Fund
2 United States, Ghana, India Seed, Grant Software, FinTech, Education $100k–$1.7M
Nordic Impact Funds
VC Fund
2 Uganda Pre-Seed, Seed Software, Finance, Personal Finance
Zephyr Acorn
VC Fund
1 Kenya, India Seed, Series A, Pre-Seed Financial Services, Banking, FinTech $1M–$2.5M
Marcus Boström
Angel
1 Sweden, Uganda Pre-Seed, Seed, Angel Email, Machine Learning, Artificial Intelligence
Serena Ventures
VC Fund
1 United States, Canada, Spain Seed, Series A E-Commerce, Health Care, Wellness $1.6M–$20M
Breega
VC Fund
1 France, United Kingdom, United States Seed, Series A FinTech, Software, Financial Services $750k–$21M
Soma Capital
VC Fund
1 United States, India, Mexico Seed, Pre-Seed, Series A Software, FinTech, Financial Services $150k–$22M
Launch Africa
VC Fund
1 Nigeria, South Africa, Kenya Seed, Pre-Seed Financial Services, FinTech, Information Technology $200k–$3M
Ed Levinson
Angel
1 Canada, Uganda Seed FinTech, Financial Services, Finance
African Renaissance Partners
VC Fund
1 Uganda Seed Agriculture, Financial Services
Consonance Investment Managers
VC Fund
1 Nigeria, United States, Kenya Seed, Series A, Pre-Seed Software, Information Technology, FinTech $50k–$2.5M
Savannah Fund
VC Fund
1 Kenya, United States, South Africa Seed, Series A, Pre-Seed E-Commerce, FinTech, Information Technology $25k–$8M
PG Impact Investments
VC Fund
1 United States, India, France Seed, Series B Logistics, SMS, Mobile Apps $1.6M–$1.7M
FSD Africa
VC Fund
1 Uganda, South Africa, United States Grant, Pre-Seed, Series A Financial Services, FinTech, Solar
Mobility 54
VC Fund
1 Kenya, Nigeria, Côte d'Ivoire Seed, Series A Financial Services, Transportation, Information Technology $3.2M–$13M
Active Capital
VC Fund
1 United States, Canada, Mexico Seed, Pre-Seed, Series A Software, SaaS, Information Technology $120k–$72M
Peggy Grigus Mangot
Angel
1 United States, Uganda Pre-Seed, Seed, Series A Financial Services, FinTech, Information Technology
Renew Capital
VC Fund
1 Uganda, Ethiopia, Kenya Seed, Angel, Pre-Seed Food and Beverage, Baby, Reservations $60k–$500k
Enza Capital
VC Fund
1 Nigeria, Kenya, South Africa Seed, Pre-Seed, Series A Logistics, E-Commerce, B2B $1M–$13M
Eric Osiakwan
Angel
1 Uganda Pre-Seed Finance, Payments, Software
Kepple Africa Ventures
VC Fund
1 Nigeria, Kenya, Egypt Seed, Pre-Seed Financial Services, FinTech, Software $100k–$4.5M
GIZ - Gesellschaft für Internationale Zusammenarbeit
VC Fund
1 Egypt, Iraq, Uganda Pre-Seed, Grant, Seed Health Care, Information Technology, Coffee
The Fintech Fund
VC Fund
1 United States, United Kingdom, India Seed, Pre-Seed, Series A Financial Services, FinTech, Software $30k–$6.1M
Nordic Microfinance Initiative
VC Fund
1 India, Uganda, Myanmar Series B, Series C Financial Services, Finance, Banking $8.7M–$24M
Future Africa
VC Fund
1 Nigeria, United States, Kenya Seed, Pre-Seed, Series A Financial Services, FinTech, Information Technology $40k–$20M
Beyond Capital Ventures
VC Fund
1 Ghana, India, Uganda Seed, Pre-Seed, Series A Health Care, Medical Device, Personal Finance
Global Partnerships/Eleos Social Venture Fund
VC Fund
1 Uganda, Zambia Series A, Series B Logistics, Agriculture, Car Sharing $2.1M–$6.3M
4Di Capital
VC Fund
1 South Africa, United States, Uganda Seed, Series A, Series B Software, Mobile, Financial Services $431k–$6.4M
Equilibria Capital
VC Fund
1 Uganda Seed Apps, Mobile, FinTech
Symbiotics Group
VC Fund
1 India, Colombia, United States Debt Financing, Seed, Angel Financial Services, FinTech, Energy $1M–$90M
Sufishent
VC Fund
1 Uganda Pre-Seed FinTech, E-Commerce
LTNT Investments
VC Fund
1 Uganda Pre-Seed Finance, Payments, Software
Tidjane Deme
Angel
1 Nigeria, Uganda, Senegal Series B, Series A, Seed Financial Services, FinTech, Mobile Payments $3.6M–$200M
Access all 30 investors in Uganda FinTech startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Segal Family Foundation
VC Fund · Watchung, New Jersey, United States · 2 investments in Uganda FinTech startups

The Segal Family Foundation partners with outstanding individuals and organizations that improve the well-being of communities.

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Investment focus

  • Industry: Financial Services, Apps, Water
  • Stage:Seed, Series A, Series B
  • Geography: Uganda, United States

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
  • Dios Dental Clinic — Dios dental is a network of dental clinics which aims to bring affordable quality dental care. Their transparent pricing policy allows its clients to know their budget, with standard treatment and sterilization protocol. It was founded on March 1, 2016, and is headquartered in Rubaga, Uganda.
  • Numida — Growing African small businesses with affordable, convenient, and fair credit.
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MFS Africa
VC Fund · Johannesburg, NA - South Africa, South Africa · 2 investments in Uganda FinTech startups

MFS Africa is the largest mobile money inter-operability hub in Africa, which connects mobile network operators across the continent through a single API. In addition to mobile remittance services, the MFS Africa API enables merchant payment, bulk payment, bank-to-wallet transfers, and an array of other cross border digital payments services.

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Investment focus

  • Industry: FinTech, Insurance, Mobile
  • Stage:Seed, Series A
  • Geography: France, Uganda, Germany

Investor stats

  • Total investments: 8
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Julaya — Julaya is a fintech providing African businesses with a digital account to make payments : disbursing mobile money transactions to their employees, suppliers, and owning their own virtual and physical prepaid cards.
  • maviance — Maviance is a German-based consulting (business and IT) and software development company that develops industry-specific for web and mobile applications for businesses and governments. It creates sustainable and customized solutions to meet the requirements of customers by combining its industry experience with solution-oriented skills of businessre-design, concept, project management, programming, and testing.Our commitment to excellence and sustainability is evident in suite of innovative and scalable smart mobile enterprise applications in industries like Microfinance, Metering, Insurance and Sales Automation. Each of our applications consists of a web-based back office server, mobile clients and APIs for SMS, mobile billing, mobile payment and integration into existing systems. Maviance serves clients in the financial services, telecommunications and public sectors, increasing productivity, reducing costs and improving their management capabilities. Founded in 2008, maviance GmbH is headquartered in Leipzig, Germany.
  • Numida — Growing African small businesses with affordable, convenient, and fair credit.
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The Draper Richards Kaplan Foundation
VC Fund · Menlo Park, California, United States · 2 investments in Uganda FinTech startups

William H. Draper, III and Robin Richards Donohoe began investing together in the venture industry in 1994 concentrating on building companies in India. Since 1994, they have invested in over one hundred early stage information technology investments both in India and the United States. In 2010, the Foundation joined forces with Robert S. Kaplan,formerly vice-chairman of Goldman Sachs and currently professor of leadership at Harvard Business School. Together the team raised their second fund inviting fourteen innovative philanthropists to join the fund.

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Investment focus

  • Industry: Software, FinTech, Education
  • Stage:Seed, Grant
  • Geography: United States, Ghana, India

Investor stats

  • Total investments: 12
  • Round size: Seed $100k–$1.7M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $65M in 2016

Portfolio highlights

  • Emata — Emata brings digital and affordable financial products to farmers in East Africa.
  • Numida — Growing African small businesses with affordable, convenient, and fair credit.
  • People's Pension — People's Pension is a pension provider that offers innovative, flexible and digitally driven financial services to successfully increase resilience within the informal economy and reduce old-age poverty.
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Nordic Impact Funds
VC Fund · Copenhagen, Hovedstaden, Denmark · 2 investments in Uganda FinTech startups

Local network Sharing experience to make opportunities for jobs and income. Private Equity that will create positive impact in East Africa

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Investment focus

  • Industry: Software, Finance, Personal Finance
  • Stage:Pre-Seed, Seed
  • Geography: Uganda

Investor stats

  • Total investments: 3
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • REXIAL — REXIAL is automating direct debit by enabling merchants to collect recurring payments from their customers securely via ACH payments at a fraction of fees on credit or debit cards.
  • ChapChap Africa — ChapChap Africa develops software that aims to help improve service delivery to under-served communities. ChapChap is a smartphone powered platform that’s helping small businesses stay afloat and thrive by introducing them to the digital age of doing business.
  • XENO — XENO is an investment management platform that helps people to plan, save, and invest in financial goals. XENO was founded in 2016 and was headquartered in Kampala, Uganda.
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Zephyr Acorn
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Uganda FinTech startups

Zephyr Acorn provides equity financing and business support to innovative early-stage companies in East Africa. Zephyr Acorn invests in and actively supports innovative early-stage companies across sectors in East Africa that have the potential to scale across the continent and beyond.

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Investment focus

  • Industry: Financial Services, Banking, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, India

Investor stats

  • Total investments: 8
  • Round size: Seed $1M–$2M; Series A $2M–$2.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Emata — Emata brings digital and affordable financial products to farmers in East Africa.
  • Turaco — Turaco develops simplified insurance and credit solutions through mobile technology to solve the healthcare financing needs. Turaco has simplified insurance products and also provides on-demand health loans, allowing customers to get healthcare at affordable monthly premiums.
  • Power — Putting individuals on the path towards financial health
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Marcus Boström
Angel · 1 investments in Uganda FinTech startups

Marcus Boström

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Investment focus

  • Industry: Email, Machine Learning, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Sweden, Uganda

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • Emata — Emata brings digital and affordable financial products to farmers in East Africa.
  • Causiq — Causiq combines data science with the principles of marketing mix modeling while unifying teams with a single source of truth, across online and offline.
  • Hypertype — Smartest email experience ever made.
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Serena Ventures
VC Fund · San Francisco, California, United States · 1 investments in Uganda FinTech startups

Serena Ventures focuses on early-stage companies and giving them the opportunity to be heard. Serena Ventures extends relationships, encourages collaboration among portfolio companies, and expands partnership opportunities across my vast network.

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Investment focus

  • Industry: E-Commerce, Health Care, Wellness
  • Stage:Seed, Series A
  • Geography: United States, Canada, Spain

Investor stats

  • Total investments: 67
  • Round size: Seed $1.6M–$8.8M; Series A $2.9M–$20M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — raised $111M in 2022

Portfolio highlights

  • Juno Medical — Juno Medical offers comprehensive, modern healthcare services for the whole family. Transparent pricing, inclusive and welcoming atmosphere. Learn more.
  • Teal Health — Teal Health is on a mission to empower women when it comes to their health – starting with at-home cervical cancer screenings. We believe that it’s time for women’s health to be designed for women, their preferences, and their experiences. With this in mind, Teal Health is creating the first FDA-approved at-home cervical cancer screening makingit simple for a woman to stay current on this life-saving screening from the comfort, convenience, and privacy of her home. Through timely screenings, Teal health plans to eradicate cervical cancer in the US.Teal is backed by passionate and committed investors who share this important vision, including Felicis Ventures, Emerson Collective, Metrodora, and Serena Ventures.
  • SoLo Funds — SoLo is a community that allows members to easily access and supply short-term funds for immediate needs. Our community works together to create mutually beneficial outcomes where members can both improve their financial health.
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Breega
VC Fund · London, England, United Kingdom · 1 investments in Uganda FinTech startups, 12 in the past 12 months

VCs use all sorts of tricks to attract the best companies. We do too. But as founders, we know that the main reason you choose an investor to be a part of your journey is because you like them. You trust them. Their values align with yours.

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Investment focus

  • Industry: FinTech, Software, Financial Services
  • Stage:Seed, Series A
  • Geography: France, United Kingdom, United States

Investor stats

  • Total investments: 111
  • Round size: Seed $750k–$4.3M; Series A $3.5M–$21M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Kovalee — Kovalee is a mobile app publisher. They empower app creators. They partner with app owners through a publishing model and bring their apps to the top of the charts. They provide product enhancement, monetization boost, user acquisition, and app store optimization services.
  • EyeLights — EyeLights is a Head Up Display GPS. It allows motobikers to truly experience the ride by keeping their eyes on the road. Eyelights is the first universal motorcycle accessory that projects guidance, danger zones and traffic directly into your field of vision. A dangerous bend, a nearby stopper or speed over limitations, EyeLights warns you. Simple,uncluttered, they adapted the display for motorcycle riding.The EyeLights product installs in less than 5 minutes on your full-face, convertible or jet helmet. Their compact optical technology allows you to view your GPS more than 2 meters away while enjoying audio functions for more than 8 hours. The product is compatible with sun visors, insensitive to rain or fog and weighs less than 100g.
  • PIXmania.com — PIXmania is a pan-European electrical e-tailer operating in 26 countries. PIXmania has been growing its market positions across Europe while leveraging the benefits of being part of the Dixons Retail Group. Pixmania now serves more than 7 million customers over Europe with a wide range of product categories.
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Soma Capital
VC Fund · San Francisco, California, United States · 1 investments in Uganda FinTech startups, 46 in the past 12 months

Soma Capital is venture capital fund that focuses on investing in software to automate the world across all sectors and geographies.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Mexico

Investor stats

  • Total investments: 324
  • Round size: Seed $1M–$6M; Pre-Seed $150k–$3.6M; Series A $2.1M–$22M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • 0xPass — Frictionless auth and login for your dapp
  • Arkifi — Arkifi is an artificial intelligence company that develops AI-powered financial analyst tools. Arkifi's framework generates consistent results that avoid fabricating factual details (referred to as "hallucination"), instilling enterprises with an unmatched level of confidence in the outcomes.
  • Gradia Health — Gradia is an integrated, concierge care platform designed for clinics to support patients with chronic conditions.
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 1 investments in Uganda FinTech startups, 18 in the past 12 months

Launch Africa is a leading Pan-African VC fund solving the significant funding gap in the Seed and pre-Series A investment landscape in Africa.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, South Africa, Kenya

Investor stats

  • Total investments: 131
  • Round size: Seed $200k–$3M; Pre-Seed $200k–$1M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $36M in 2022

Portfolio highlights

  • Lengo — Lengo is an AI based intelligence platform that offers a large database on consumer goods for companies in the FMCG sector.
  • Zanifu — The zanifu platform, allows small retailers in Sub Saharan Africa, to procure inventory from their suppliers & pay later.
  • Fixit45 — Your best ever automobile service experience awaits you.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Ed Levinson
Angel · Vancouver, Alberta, Canada · 1 investments in Uganda FinTech startups

Ed Levinson - Director @ Ensibuuko

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Seed
  • Geography: Canada, Uganda

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Ensibuuko — Ensibuuko is a Ugandan startup that provides a cloud-based micro-finance software for community-level financial entities in Africa
  • WealthBar — CI Direct Investing makes it easy to access financial advice. CI Direct Trading is the best online investment platform for self-directed trading.
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African Renaissance Partners
VC Fund · Washington, District of Columbia, United States · 1 investments in Uganda FinTech startups

African Renaissance Partners backs entrepreneurs and innovators that lead the region's economic transformation. The company focuses on renewable energy, payments/fintech, logistics, ag-tech, and health/education.

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Investment focus

  • Industry: Agriculture, Financial Services
  • Stage:Seed
  • Geography: Uganda

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Emata — Emata brings digital and affordable financial products to farmers in East Africa.
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Consonance Investment Managers
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Uganda FinTech startups

We are an investment company focused on helping early and growth-stage entrepreneurs build successful companies in Africa.

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Investment focus

  • Industry: Software, Information Technology, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 30
  • Round size: Seed $550k–$2.5M; Pre-Seed $450k–$1M; Series A $50k–$1.3M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Releaf — We are industrializing food processing in Africa. We've led 1000+ smallholder farmers to provide food factories with >7.5 million kilograms of quality crops.
  • Tripesa — Tripesa offers payment solutions for Africa's travel and tourism industry.
  • Norebase — Norebase knows that there's an opportunity to grow successful businesses in Africa. It also understands the complexities of the market, and so is using technology to make doing business in Africa worthwhile. With Norebase get to operate in Africa with no hassle and with minimum risk.
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Savannah Fund
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Uganda FinTech startups

Savannah Fund is a seed capital fund specializing in US$25,000-US$500,000 investments in early stage high growth technology (web and mobile) startups in sub-Saharan Africa. Initially focused on East Africa, the fund aims to bridge the early stage/angel and venture capital investment gap that currently exists in Africa. The Fund expects toachieve this objective by combining capital with mentor networks both in the region and from Silicon Valley via an accelerator program and a follow-on independent seed fund.The fund is managed by an experienced and technology savvy team that have founded companies or are actively involved in angel investing or having run successful accelerator programs in past but also understand the unique Subsaharan African environment. They are backed and supported by both local, regional and international networks of angels,venture capitalists whose expertise we can draw on to help startups succeed and scale to fully fledged regional or global companies.They believe in the potential for Africa to become a global technology innovator by creating sustainable for profit companies that create jobs and make an impact.

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Investment focus

  • Industry: E-Commerce, FinTech, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Kenya, United States, South Africa

Investor stats

  • Total investments: 36
  • Round size: Seed $25k–$3M; Pre-Seed $200k–$2.1M; Series A $750k–$8M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — raised $25M in 2021

Portfolio highlights

  • Oze — OZÉ brings African small businesses into the digital era. It is an app that makes it easy for businesses to track sales, expenses, and customer information. The data is analyzed to provide tailored recommendations, reports, and business education. If the entrepreneur needs a little extra support, an OZÉ Coach is just a click away. As they are usingOZÉ to manage their business and learn how to run it better, we are learning about them. Using this data and machine learning, we can predict their credit risk and provide them with affordable capital from our banking partners. With over 20,000 registered users, OZÉ is the largest online community of SMEs in Ghana. The most exciting thing is that OZÉ works; 97% of businesses that have used OZE for at least 9 months are growing or profitable or both!
  • Root — Programmable insurance that you can integrate into your product or service with ease
  • Afropolitan — Afropolitan is building a Network State to unleash the maximum potential of Africans around the world. Are you interested? Join us with your email.
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PG Impact Investments
VC Fund · Little Switzerland, North Carolina, United States · 1 investments in Uganda FinTech startups

They are a global impact investment firm backed by Partners Group, one of the world's leading private market investment managers.

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Investment focus

  • Industry: Logistics, SMS, Mobile Apps
  • Stage:Seed, Series B
  • Geography: United States, India, France

Investor stats

  • Total investments: 7
  • Round size: Seed $1.6M–$1.7M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — raised $225M in 2019

Portfolio highlights

  • Koolboks — Koolboks provides a reliable and alternative storage technique due to the superior insulation and ice battery technology employed in the design.
  • AIG Hospital — AIG Hospitals is a Gastroenterology hospital that believes and preaches that excellence is a way of life. It offers transplant surgeries including Liver, Kidney, Heart, Pancreas, and Islet Cell. It believes in creating a positive and nurturing environment that is conducive to healing. It was founded in 1986 and is headquartered in Hyderabad,India.
  • 80 Acres Farms — 80 Acres delivers tasty and fresh produce all year round, locally grown, clean guaranteed, and with no dependency on weather or climate through indoor farming technology. The company was founded in 2015 and is headquartered in Hamilton, Ohio, United States.
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FSD Africa
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Uganda FinTech startups

Created in 2012, FSD Africa is a £30 million financial sector development programme or ‘FSD’ based in Nairobi. It is funded by UK aid from the UK Government. FSD Africa aims to reduce poverty across sub-Saharan Africa by building financial markets that are efficient, robust and inclusive.FSD Africa is a market facilitator or catalyst. It appliesa combination of resources, expertise and research to address financial market failures and deliver a lasting impact. FSD Africa has a mandate to work across sub-Saharan Africa on issues that relate to both ‘financial inclusion’ and ‘finance for growth.’FSD Africa is also a regional platform. It fosters collaboration, best practice transfer, economies of scale and coherence between development agencies, donors, financial institutions, practitioners and government entities with a role in financial market development in sub-Saharan Africa. In particular, FSD Africa provides strategic and operational support to the FSD Network.

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Investment focus

  • Industry: Financial Services, FinTech, Solar
  • Stage:Grant, Pre-Seed, Series A
  • Geography: Uganda, South Africa, United States

Investor stats

  • Total investments: 5
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • clinicpesa — Your Instant Secure Medical Mobile Bank In Your Palm.
  • Nithio Holdings — Nithio has standardized credit risk to catalyze billions of dollars of capital to address climate change and achieve universal energy access.
  • Africa Climate Ventures — We build climate unicorns in Africa Our Thesis Climate action is reshaping the global economy Consumers are shifting towards climate-friendly products.Governments, aiming for net-zero, are shifting policy and committing billions of dollars to climate action.New technologies, processes, and energy sources are being developed, revolutionizing markets and redefining country resource endowments.Carbon markets are flourishing, fostering new business
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Mobility 54
VC Fund · 1 investments in Uganda FinTech startups

Mobility 54 is a joint venture among Toyota Tsusho Corporation and CFAO.

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Investment focus

  • Industry: Financial Services, Transportation, Information Technology
  • Stage:Seed, Series A
  • Geography: Kenya, Nigeria, Côte d'Ivoire

Investor stats

  • Total investments: 13
  • Round size: Seed $3.2M–$13M; Series A $6.1M–$6.3M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • BasiGo — BasiGo is an early-stage e-mobility start-up looking to revolutionize the public transportation sector by providing matatu owners with a cost-effective electric alternative to diesel buses.
  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
  • ETAP — ETAP is a digital insurance application that allows you to set up your car insurance in just 90 seconds.
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Active Capital
VC Fund · San Antonio, Texas, United States · 1 investments in Uganda FinTech startups

Active Capital is a venture firm focused on leading seed rounds for B2B SaaS companies outside of Silicon Valley.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, Mexico

Investor stats

  • Total investments: 66
  • Round size: Seed $500k–$5M; Pre-Seed $120k–$2.5M; Series A $5M–$72M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • BlockJoy — Easily deploy and manage enterprise-scale blockchain nodes on any infrastructure for up to 80% less than the cloud.
  • ProsperOps — ProsperOps is building the robo-advisor for cloud computing.Current cost optimization tooling is recommendation based which places the operational burden on already busy DevOps and FinOps teams. This leads to lag, is error prone, and fundamentally limits what is possible to that which a human can reasonably execute.Cloud cost optimization isbest handled by AI, optimization algorithms, and real-time execution engines. Like robo-advisors in the financial investing space, ProsperOps enables customers to answer a few high level questions about their cloud use after which technology takes over to handle ongoing, day-to-day cost optimization activities.This generates superior savings outcomes (on average, customers increase savings by 68%), reduces risk, and gives customers time back. Welcome to the world of Autonomous Cloud Savings.The company was founded in 2018 and is based in Austin, Texas.
  • ConductorOne — ConductorOne integrates permission management for the web and modern infrastructure. Alexander Bovee and Paul Querna co-founded ConductorOne in Portland, Oregon in 2020.
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Peggy Grigus Mangot
Angel · San Francisco, California, United States · 1 investments in Uganda FinTech startups

Peggy Grigus Mangot is the MD Fintech Partnerships, Commercial Banking of JPMorgan Chase & Co. She previously worked at PayPal as an Operating Partner, PayPal Ventures. Peggy Grigus Mangot attended Indiana University.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, Uganda

Investor stats

  • Total investments: 5
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • TaxGPT — Looking for instant tax help? Meet TaxGPT, your AI-powered tax assistant. We simplify tax processes and maximize deductions. Try TaxGPT today!
  • clinicpesa — Your Instant Secure Medical Mobile Bank In Your Palm.
  • Firstbase — Equip remote and hybrid workers for success across the entire employee journey with the Firstbase platform. Firstbase powers a complete equipment lifecycle, fusing SaaS automation with world-class physical operations. Simplify onboarding, streamline offboarding, centralize and simplify asset management and warehousing, and build IT sustainability. Optimize HR experiences, flex your workplace services, and maximize every asset with Firstbase.
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Renew Capital
VC Fund · Addis Ababa, Adis Abeba, Ethiopia · 1 investments in Uganda FinTech startups

RENEW and the Impact Angel Network are one of the most active private equity investors in Ethiopia and recently expanded to Uganda. RENEW and the IAN seek to become the most successful SME investment firm in Sub-Saharan Africa, investing in hundreds of companies across twenty countries. Their mission is to find, invest and help grow great companiesled by visionary leaders.

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Investment focus

  • Industry: Food and Beverage, Baby, Reservations
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Uganda, Ethiopia, Kenya

Investor stats

  • Total investments: 7
  • Round size: Seed $60k–$500k
  • Lead/follow: 86% lead, 14% follow

Portfolio highlights

  • Inputi — Inputi is an online marketplace, aggregator, and distributor for farm supplies based in Kampala, Uganda.
  • Buupass — BuuPass is Kenya's market leader for online bus booking. We enable travelers to reserve seats and make payments in a convenient and timely way. Try BuuPass today!
  • AkelloBanker — AkelloBanker is a data-driven digital finance technology company. The company was founded in 2015 and is headquartered in Makerere, Kampala, Uganda.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Enza Capital
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investments in Uganda FinTech startups

Venture investor in high-growth Founders and Teams using technology to solve large and meaningful problems across Africa

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Investment focus

  • Industry: Logistics, E-Commerce, B2B
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, Kenya, South Africa

Investor stats

  • Total investments: 18
  • Round size: Seed $1.1M–$13M; Pre-Seed $1M–$1M; Series A $3.6M–$10M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Djamo — Djamo is a Provider of financial applications to allow customers to use their cards with zero fees in a wide range of services.
  • Jumba — Jumba is a construction technology platform that streamlines B2B construction material purchase and financing.
  • Yebo Fresh — Powering South Africa's Township Economy.
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Eric Osiakwan
Angel · Accra, Greater Accra, Ghana · 1 investments in Uganda FinTech startups

Eric Osiakwan, Managing Partner of Chanzo Capital is an Entrepreneur and Investor with 15 years of ICT industry leadership across Africa and the world. He has worked in 32 African countries setting up ISPs, ISPAs, IXPs and high-tech startups. He Co-Founded Angel Africa List,Angel Fair Africa and currently serves on the board of Farmerline, SMS GH,Forhey, Teranga Solutions, SeeSayDo, Oasis Websoft, Siqueries, Amp.it, SameLogic, Bisa app, Wanjo Foods,Ghana Cyber City and WABco – some of which are his investments. He was part of the team that built the TEAMS submarine cable in East Africa and an ICT Consultant for the WorldBank, Soros Foundations, UNDP, USAID, USDoJ, USDoS as well as African governments and private firms.He authored “The KINGS of Africa’s Digital Economy”, co-authored the “Open Access Model”, adopted globally by the telecommunications industry, “Negotiating the Net” – the politics of Internet Diffusion in Africa and “The Internet in Ghana” with the Mosaic Group. He was invited to contribute ideas to Prime Minister Tony Blair’s Commission for Africa. Eric is a TED, Stanford, MIT and Harvard fellow.

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Investment focus

  • Industry: Finance, Payments, Software
  • Stage:Pre-Seed
  • Geography: Uganda

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Tripesa — Tripesa offers payment solutions for Africa's travel and tourism industry.
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Kepple Africa Ventures
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Uganda FinTech startups

Kepple Africa Ventures is an early-stage venture capital firm.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed
  • Geography: Nigeria, Kenya, Egypt

Investor stats

  • Total investments: 74
  • Round size: Seed $500k–$4.5M; Pre-Seed $100k–$3.7M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Chari — Chari is an e-commerce and fintech app for traditional retailers in French-Speaking Africa allowing them to order any consumer goods they sell and get delivered for free in less than 24 hours. Chari is also a financial services provider for these retailers, offering them microloans
  • Carry1st — Carry1st develops and publishes enriching mobile games and content apps for African consumers.
  • Beacon Power Services — Beacon Power Services is a utility company that provides energy management software and analytics for utilities.
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GIZ - Gesellschaft für Internationale Zusammenarbeit
VC Fund · Bonn, Nordrhein-Westfalen, Germany · 1 investments in Uganda FinTech startups

GIZ, as a service provider for int. cooperation for sustainable development & international educational work, is dedicated worldwide to a future worth living.

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Investment focus

  • Industry: Health Care, Information Technology, Coffee
  • Stage:Pre-Seed, Grant, Seed
  • Geography: Egypt, Iraq, Uganda

Investor stats

  • Total investments: 6
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Carble — We provide carbon insetting technology to tropical commodity buyers and cash incentives to farmers that protect the forest. Our satellite-powered platform monitors carbon emissions, allowing for deforestation-free farming to be rewarded at scale.
  • Orisdi — Orisdi provides customers with a wide range of products with a unique customer experience.
  • Forested — Agroforestry Enterprise
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The Fintech Fund
VC Fund · 1 investments in Uganda FinTech startups, 9 in the past 12 months

We support the best teams in fintech and defi today.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 38
  • Round size: Seed $135k–$5.2M; Pre-Seed $30k–$6.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Paytrix — Access the best payments infrastructure around the world, all through a single platform.
  • Ansa — The closed loop platform built for your customers.
  • Rainforest — Rainforest focuses on providing software platforms for payment processing. Rainforest is headquartered in Atlanta, United States.
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Nordic Microfinance Initiative
VC Fund · Oslo, Oslo, Norway · 1 investments in Uganda FinTech startups

The Norwegian Microfinance Initiative (NMI) is an innovative strategic partnership between the Norwegian public and private sectors that will invest in microfinance institutions (MFIs) in developing countries and provide professional assistance and technical support for these institutions. The mission of NMI is to contribute to the empowerment ofpoor people and to the creation of jobs, wealth, and economic and social sustainability in developing countries by investing in and supporting MFIs.

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Investment focus

  • Industry: Financial Services, Finance, Banking
  • Stage:Series B, Series C
  • Geography: India, Uganda, Myanmar

Investor stats

  • Total investments: 18
  • Round size: Series B $8.7M–$24M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: May invest from a new fund soon — raised $105M in 2018

Portfolio highlights

  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
  • Sitara — Sewa Grih Rin provides affordable housing finance to the under-served low income households in urban and peri-urban locations.Incorporated in 2011, SEWA Grih Rin Limited was envisaged as a means for the under-served households to access affordable and formal housing finance in urban & peri-urban locations. We learnt that low-income householdsheld two facets of their life very close to their heart: they treasured the education of their children; and aspired to self-own a property, a home of their own.SEWA Grih Rin Limited’s work is aimed at directly improving the quality of life of informally employed households, especially their women members, by creating a tangible financial asset in their name. We provide an affordable alternative to those households whose credit capacity falls behind the widening financing gap given the informal nature of their employment.
  • Light Microfinance — We are one of the top Microfinance companies in India. Light Microfinance head office is located in Ahmedabad.
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Future Africa
VC Fund · San Francisco, California, United States · 1 investments in Uganda FinTech startups, 10 in the past 12 months

Future Africa is a collective of mission-driven founders and funders building unicorns to solve Africa’s biggest challenges. They are build a future where purpose and prosperity are within everyone’s reach.

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Investment focus

  • Industry: Financial Services, FinTech, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Nigeria, United States, Kenya

Investor stats

  • Total investments: 80
  • Round size: Seed $500k–$3.7M; Pre-Seed $40k–$3.7M; Series A $7M–$20M
  • Lead/follow: 13% lead, 87% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Balad — Balad is Egyptian Cross Border Payout Network primarily serving Money Transfer Operators (MTOs), fintechs and mobile wallets. Targeting sending markets including GCC, EU, US, Canada, and UK
  • Anchor — Anchor is a Lagos-based banking-as-a-service platform for African businesses. Anchor provides APIs and infrastructure to build, embed and launch powerful financial products in a secure and scalable way.
  • Itana — Talent City’s mission is to build a network of charter cities that focuses on creating technology-enabled jobs within a free trade zone with its own regulation and bylaws.
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Beyond Capital Ventures
VC Fund · 1 investments in Uganda FinTech startups

Beyond Capital Ventures is a venture capital firm, offering a diversified portfolio of companies in "need-to-have" sectors, led by conscious leaders.

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Investment focus

  • Industry: Health Care, Medical Device, Personal Finance
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Ghana, India, Uganda

Investor stats

  • Total investments: 5
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • Zanifu — The zanifu platform, allows small retailers in Sub Saharan Africa, to procure inventory from their suppliers & pay later.
  • FreshR — FreshR is a Fish and meat distribution startup. It has farmed, traded, processed, and distributed highly perishable meat products in some of the most remote geographies in Odisha, Andhra Pradesh, and Chhattisgarh.
  • XENO — XENO is an investment management platform that helps people to plan, save, and invest in financial goals. XENO was founded in 2016 and was headquartered in Kampala, Uganda.
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Global Partnerships/Eleos Social Venture Fund
VC Fund · Seattle, Washington, United States · 1 investments in Uganda FinTech startups

Global Partnerships' Social Venture Fund bridges the pioneer gap in sub-Saharan Africa by providing impact-led funding to early-stage social enterprises.

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Investment focus

  • Industry: Logistics, Agriculture, Car Sharing
  • Stage:Series A, Series B
  • Geography: Uganda, Zambia

Investor stats

  • Total investments: 3
  • Round size: Series A $2.1M–$6.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
  • Good Nature Agro — Their priority is to generate lasting income with small-scale farmers. They build local community leaders into qualified Private Extension Agents (PEAs) who oversee and train farmers throughout the growing season. They support PEAs to provide frequent trainings and personalized recommendations on how their growers can make their field healthier andmore productive. PEAs promote improved farm practices and deliver a farmer-friendly loan of seeds and additional inputs. At harvest, Good Nature is a guaranteed market for the certified legume seed that their growers produce. Choosing to produce these high-value crops over traditional cash crops - maize and cotton - more than doubles their income.
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4Di Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investments in Uganda FinTech startups

4Di Capital is a Cape Town-based venture capital fund management firm focused on early-stage technology investments in sub-Saharan Africa.

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Investment focus

  • Industry: Software, Mobile, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: South Africa, United States, Uganda

Investor stats

  • Total investments: 27
  • Round size: Seed $431k–$1.7M; Series A $3.4M–$6.4M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Sendmarc — Stop cyber criminals from sending emails using your domain and protect your customers, suppliers and employees from cyber attacks with DMARC Security.
  • Leta — Leta Technology is a software development company that creates supply chain and logistics software to enable the efficient and automated movement of goods.
  • Numida — Growing African small businesses with affordable, convenient, and fair credit.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Equilibria Capital
VC Fund · Hamilton, Hamilton, Bermuda · 1 investments in Uganda FinTech startups

Equilibria Capital is an asset management firm that manages investment funds and separate accounts for private and institutional clients.

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Investment focus

  • Industry: Apps, Mobile, FinTech
  • Stage:Seed
  • Geography: Uganda

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Numida — Growing African small businesses with affordable, convenient, and fair credit.
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Symbiotics Group
VC Fund · Geneva, Geneve, Switzerland · 1 investments in Uganda FinTech startups

Symbiotics is the leading market access platform for impact investing. Symbiotics offers investment, asset management and capacity building services.

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Investment focus

  • Industry: Financial Services, FinTech, Energy
  • Stage:Debt Financing, Seed, Angel
  • Geography: India, Colombia, United States

Investor stats

  • Total investments: 15
  • Round size: Debt Financing $1M–$90M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Sempli — Sempli is building the leading all-in-one finance digital bank for small businesses in Colombia.
  • Accial Capital — Accial Capital is an impact-focused, tech-enabled investor in small business and consumer loan portfolios in Latin America and South East Asia. Accial Capital combines data, technology, capital and credit expertise to contribute to a world of widespread credit access and financial health.
  • Wave Mobile Money — Wave Mobile Money provides an app-based financial solution to save, transfer, and borrow money. Wave Mobile Money is on a mission to make Africa the first cashless continent. On a continent where less than 10% of the population has a bank account, Wave is building the first modern financial network — no account fees, instantly available, andaccepted everywhere! It is building life-changing financial infrastructure. When mobile money succeeded in Kenya, it lifted about a million people out of poverty. And yet, over 10 years later, most Africans still lack access to affordable ways to save, transfer or borrow the money they need to build businesses or provide for their families. Wave is solving this problem by using technology to build a radically inclusive and extremely affordable financial network.
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Sufishent
VC Fund · 1 investments in Uganda FinTech startups

Sufishent is a venture capital investment firm.

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Investment focus

  • Industry: FinTech, E-Commerce
  • Stage:Pre-Seed
  • Geography: Uganda

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Solerchil — Solerchil Technologies produces solar-powered cold chain technology to help Ugandan farmers and vendors safely preserve unsold food.
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LTNT Investments
VC Fund · 1 investments in Uganda FinTech startups

LTNT Investments

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Investment focus

  • Industry: Finance, Payments, Software
  • Stage:Pre-Seed
  • Geography: Uganda

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Tripesa — Tripesa offers payment solutions for Africa's travel and tourism industry.
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Tidjane Deme
Angel · 1 investments in Uganda FinTech startups

Tidjane DEME is a General Partner at Partech, co-leading Partech Africa Fund, Partech’s multi-stages tech fund exclusively dedicated to Africa digital markets. He joined in May 2016.Prior to joining Partech, Tidjane has worked for 15+ years in the tech industry in Africa, as an entrepreneur, a consultant as well as a senior business manager. Heworked for 7 years as a senior manager at Google, leading activities in Africa. He started the Google Francophone Africa office in Dakar in 2009, led ecosystem efforts to support developer communities and tech startups across 15+ countries, led Google’s Africa Content Strategy, launching and growing YouTube in 6 markets. He also led business development for Google’s Infrastructure investments in Africa. Prior to Google, Tidjane was a tech entrepreneur who founded and led CommonSys, a consulting and integration company deploying e-gov platforms and enterprise solutions in west Africa. He also cofounded 2 startups, an e-reputation platform in Europe and a SaaS platform for African SMEs. Tidjane started his career working with Cap Gemini in France before joining Cosine Communications, a Silicon Valley startup building network virtualization technology for carriers.Tidjane grew up in Senegal until age 18, then moved to France to attend Ecole Polytechnique (Msc Physics), did an exchange program at Imperial College London, and attended Ensta-Paritech (Telecom and IT Engineering).

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Investment focus

  • Industry: Financial Services, FinTech, Mobile Payments
  • Stage:Series B, Series A, Seed
  • Geography: Nigeria, Uganda, Senegal

Investor stats

  • Total investments: 10
  • Round size: Series A $3.6M–$200M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Djamo — Djamo is a Provider of financial applications to allow customers to use their cards with zero fees in a wide range of services.
  • Tugende — Tugende helps motorcycle taxi drivers own their own motorcycles in eighteen months or less instead of renting indefinitely. Ownership significantly increases income, job security and road safety.
  • RelianceHMO — RelianceHMO is solving this problem by providing affordable and reliable insurance packages for the average African. Reliance makes health insurance in Africa cheaper and easier to access by combining Telemedicine with data science.
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FinTech Investor funding in Uganda at a glance

Stats across 18 deals from 30 investors.

30
investors
in Uganda FinTech startups
18
deals
in Uganda FinTech startups
$120k
median round
in Uganda FinTech startups
40%
lead investors
lead at least one round
39%
Seed
most common funding stage
93/7
VC / Angel
share of investor count

Access all 30 investors in Uganda FinTech startups.

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