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Top 50 Payments Startup Investors in South Africa in October 2023

A list of 50 angel investors and VC (Venture Capital) funds that invest in Payments startups based in South africa. We rank investors based on the number of investments they made in Payments companies from South africa. We update this investor list every month.

Top 50 Payments Startup Investors in South Africa in October 2023

Investor Payments South Africa investments
Quona Capital 2
Goodwell Investments 2
Launch Africa 2
Kalon Venture Partners 2
Everywhere Ventures (The Fund) 2
Newtown Partners 2
4Di Capital 2
CRE Venture Capital 2
Everywhere Ventures (The Fund) 2
Speedinvest 2
Montegray Capital 1
10x Group 1
NuState Capital 1
Harambeans 1
Boost VC 1
Skywell Capital Partners 1
Yossi Hasson 1
Development Partners International 1
Circle 1
Fireball Capital 1
Beryl Group 1
Apis Partners 1
Hlayisani Growth Fund 1
Globivest 1
Nexus Ventures 1
FMO 1
Robby Hilkowitz 1
Calvin Ayre 1
Geoffrey D Fink 1
Imvelo Ventures 1
TotalEnergies Ventures 1
Velocity Capital Fintech Ventures 1
RaliCap 1
GalloProvincialis 1
UNCOVERED FUND 1
FSD Africa 1
Two Culture Capital 1
Gauss Ventures 1
Invictus Capital 1
Investment One 1
Musha Ventures 1
Nedbank 1
Michael Jordaan 1
Realm Digital 1
R-Ventures 1
Still Capital Partners 1
Zip 1
Samsung Electronics 1
Crossfin Technology 1
Two Hop Ventures 1

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Investor list
Quona Capital
VC Fund · Washington, District of Columbia, United States · 17 investments in the past 12 months

Quona Capital invests in fintech innovators that are advancing inclusion in emerging markets. Through our investments, Quona aims to deliver outstanding financial returns while making a lasting and positive impact on the world.

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Investment focus

  • Financial Services, FinTech, Finance
  • Series A, Series B, Seed
  • India, Brazil, Indonesia

Portfolio highlights

  • Caliza — Give your users access to the digital dollar economy. Get early access!
  • ZestMoney — Enjoy the convenience of shopping for electronic gadgets, fashion, travel, education on EMI without credit card. No debit card or credit score required!
  • Bureau — Bureau is trust network that facilitates end-to-end identity verification, compliance, and fraud prevention for new-age businesses.
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Goodwell Investments
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 2 investments in the past 12 months

Goodwell Investments is a pioneering investment firm focused on financial inclusion, fintech and inclusive growth in sectors providing

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Investment focus

  • FinTech, Financial Services, Software
  • Series A, Series B, Funding Round
  • Kenya, Nigeria, South Africa

Portfolio highlights

  • MFS Africa — 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.
  • SOUK Farms — SOUK Farms is a fresh horticulture supply grower and exporter that pioneers innovation to improve agricultural sustainability and stimulate economic and social development.
  • Complete Farmer — We are providing cutting-edge technological farming protocols and innovations with a unique business model and logistics that are revolutionizing...
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Launch Africa
VC Fund · Ebène, Plaines Wilhems, Mauritius · 18 investments 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

  • Financial Services, FinTech, Information Technology
  • Seed, Funding Round, Pre-Seed
  • Nigeria, South Africa, Kenya

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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Kalon Venture Partners
VC Fund · Johannesburg, NA - South Africa, South Africa · 1 investment in the past 12 months

A growing number of South Africans are investing in venture capital companies that operate under Section 12J of the Income Tax Act. Contact us now.

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Investment focus

  • Apps, Mobile Apps, Software
  • Seed, Series A, Funding Round
  • South Africa, Luxembourg, United States

Portfolio highlights

  • GoMetro — GoMetro designs deploy and operate flexible mobility platforms. Their proprietary technology stack empowers city leaders, transport managers, corporates, retail centres, property developers, airports and downtown to introduce bold new mobility strategies. Their connected transport digital platform equips transport planners to respond to thechallenges of increased congestion, aged infrastructure, disruptive mobility players, self-driving vehicles and a lack of quality public transport services.
  • Talk360 — Talk360 is an easy-to-use calling app that helps people make affordable international calls to any mobile and landline number. They believe that reliable communication and digital services must be affordable and accessible to everyone, regardless of someone's background. Especially people in emerging countries in Africa, who often need theseservices the most, do not always have the necessary banking possibilities. To bridge this distance, Talk360 will launch the world's first single checkout platform for Africa. This platform will combine all locally available payment methods and currencies across Africa, together with over 1.25 million cash points of sales, and will eventually be available to other companies as well. This means that 500 million Africans will be able to purchase digital services they never had access to before.
  • Sendmarc — Stop cyber criminals from sending emails using your domain and protect your customers, suppliers and employees from cyber attacks with DMARC Security.
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Everywhere Ventures (The Fund)
VC Fund · New York, New York, United States · 39 investments in the past 12 months

Everywhere Ventures (The Fund) is a first-of-its-kind early-stage venture fund created ​by founders for founders​ to support the next generation of entrepreneurs.Everywhere Ventures is a community-powered venture investing platform that integrates the capital, expertise, and mentoring of experienced founders and operators across ten micro funds.The Fund's $50M+ under management comes almost exclusively from the over 500 founders and operators who are its limited partners. Everywhere Ventures operates from the belief that those who have actually built successful companies are best suited to advise and support early-stage startups. Everywhere Ventures invests in pre-seed deals globally usually in the first financing round the company raises. Emphasis is placed on purpose-driven teams across money, health and work verticals.

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Investment focus

  • Software, FinTech, Health Care
  • Pre-Seed, Seed, Series A
  • United States, Australia, India

Portfolio highlights

  • SATIM — SATIM provides insights based on satellite radar data acquired regardless of weather and day/night time. Using developed software and algorithms SATIM can solve the problem of optimal information extraction from complex SAR imagery.
  • Revio — Subscription billing and payments made easy.
  • Vera — Vera develops an assessment platform to identify and address risks in artificial intelligence and machine learning models. It engages key stakeholders across teams to create data-driven assessments and use data science tools to investigate AI and ML models, helping organizations navigate through uncertainty and protecting companies and individualsfrom risky artificial intelligence systems.
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Newtown Partners
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investment in the past 12 months

Newtown Partners is a venture capital firm that actively invests in emerging, disruptive technology startups.

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Investment focus

  • Logistics, Health Care, Information Technology
  • Seed, Series A, Funding Round
  • South Africa, Kenya, Nigeria

Portfolio highlights

  • BeyondTrucks — Vertical SaaS
  • Lami — Lami is an end-to-end digital insurance platform and API that enables companies across sectors to offer insurance products. Its API allows underwriters to connect with consumer-facing companies that can provide embedded insurance as a value add for existing customers, many of whom are uninsured.
  • Complete Farmer — We are providing cutting-edge technological farming protocols and innovations with a unique business model and logistics that are revolutionizing...
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4Di Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in the past 12 months

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

  • Software, Mobile, Financial Services
  • Seed, Series A, Series B
  • South Africa, United States, Uganda

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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CRE Venture Capital
VC Fund · New York, New York, United States · 2 investments in the past 12 months

Founded in 2015, CRE Venture Capital invests in early stage tech companies that are levered to Africa. CRE is headquartered in the New York metro area, with a regional office in Lagos, Nigeria.

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Investment focus

  • Financial Services, FinTech, Software
  • Seed, Series A, Pre-Seed
  • South Africa, Nigeria, United States

Portfolio highlights

  • Sava — Sava is a multi-management platform that provides an unlimited number of virtual cards as well as automated accounting reconciliation.
  • Stitch — One API integration for all online payments across South Africa. Accept Instant EFT, debit + credit card, cash, direct deposit and debits. Manage + reconcile digital payments and send payouts.
  • Bettr — Bettr is a digital banking app for creator. Download the app to get your zero monthly fee digital bank account and virtual card. Join our community of creators, gamers, influencers, freelancers, tiktokkers, streamers, YouTubers and digital gig workers.
Show more investments...

Everywhere Ventures (The Fund)
VC Fund · New York, New York, United States · 37 investments in the past 12 months

Everywhere Ventures (The Fund) is a first-of-its-kind early-stage venture fund created ​by founders for founders​ to support the next generation of entrepreneurs.Everywhere Ventures is a community-powered venture investing platform that integrates the capital, expertise, and mentoring of experienced founders and operators across ten micro funds.The Fund's $50M+ under management comes almost exclusively from the over 500 founders and operators who are its limited partners. Everywhere Ventures operates from the belief that those who have actually built successful companies are best suited to advise and support early-stage startups. Everywhere Ventures invests in pre-seed deals globally usually in the first financing round the company raises. Emphasis is placed on purpose-driven teams across money, health and work verticals.

Show more...

Investment focus

  • Software, Health Care, FinTech
  • Seed, Pre-Seed, Series B
  • United States, United Kingdom, India

Portfolio highlights

  • SATIM — SATIM provides insights based on satellite radar data acquired regardless of weather and day/night time. Using developed software and algorithms SATIM can solve the problem of optimal information extraction from complex SAR imagery.
  • Revio — Subscription billing and payments made easy.
  • Vera — Vera develops an assessment platform to identify and address risks in artificial intelligence and machine learning models. It engages key stakeholders across teams to create data-driven assessments and use data science tools to investigate AI and ML models, helping organizations navigate through uncertainty and protecting companies and individualsfrom risky artificial intelligence systems.
Show more investments...

Speedinvest
VC Fund · Vienna, Wien, Austria · 53 investments in the past 12 months

Speedinvest is one of Europe’s most active early-stage investors, with more than €1bn AUM, 40 investors, and offices in Berlin, London, Munich, Paris, Vienna and San Francisco. Your success is our priority, so we don’t just send some money and "check in" at board meetings. Our mission is to empower you with game-changing support throughevery stage of your journey. Our focused investment teams know your industry inside and out. Their Deep Tech, Fintech, Industrial Tech, Network Effects, Digital Health and Subscriptions experience, know-how and deep networks are yours from day one. You also have full access to our in-house Platform+ team of operational experts who can provide tailored growth marketing, people (HR), US business development, and networking support throughout every stage of your journey.

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Investment focus

  • Software, FinTech, Financial Services
  • Seed, Series A, Pre-Seed
  • Germany, United Kingdom, Austria

Portfolio highlights

  • autone — Autone is a SaaS operational platform enabling retail & CPG businesses to make optimal decisions easily and quickly
  • Genie — Genie is a productive web development framework in Julia. Build web applications, UIs, backends, integrate with databases, set up web services and APIs.
  • Purpose Green — Purpose Green operates as a climatetech company.
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Montegray Capital
VC Fund

Investment focus

  • Bitcoin, FinTech, Ethereum
  • Seed
  • South Africa

Portfolio highlights

  • VALR — Buy and sell bitcoin, ethereum & more | Pay anyone for free with VALR Pay
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10x Group
VC Fund · Munich, Bayern, Germany · 3 investments in the past 12 months

10x Group is a group of serial entrepreneurs and founders investing in founders of digital start-ups in Europe and Silicon Valley.

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Investment focus

  • Software, SaaS, Information Technology
  • Seed, Series A, Funding Round
  • United States, Germany, India

Portfolio highlights

  • enmacc — The enmacc OTC platform is a energy trading platform for the future of the global energy markets. We are building a next-generation trading platform, powered digital RFQ technology, that will help you to trade smarter, faster and better.
  • finway — finway provides financial guidence to SMEs, plan & control all expenses and budgets in one tool.
  • Quantum Systems — Our vision is to become the global leader in providing aerial data for decision making by the use of our drones.
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NuState Capital
VC Fund

NuState Capital as private equity investor is to generate attractive returns through positive social transformation.

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Investment focus

  • Payments, Financial Services
  • Seed
  • South Africa

Portfolio highlights

  • Sticitt — Sticitt is a cashless payment platform. Sticitt services schools, lifestyle and golf estates, as well as events and is assisting one utility company to get clients to pay for water bills using its cashless payments system.
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Harambeans
VC Fund

Harambeans are African innovators who have pledged to “work together as one” to build Africa’s future. Over the last decade, Harambeans has spawned a series of tech-enabled ventures such as Andela, Flutterwave, and Yoco, which have collectively generated over 3000 jobs, and raised over $700m from Google Ventures, CRE Ventures and Accel.

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Investment focus

  • Supply Chain Management, Transportation, Information Technology
  • Seed, Angel, Grant
  • Nigeria, Kenya, South Africa

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.
  • MarketForce — MarketForce connects Africa’s informal retail outlets and consumers directly to suppliers of consumer goods and financial services by digitizing orders, delivery, and payments with the aim of solving the last mile distribution challenge.
  • SHYFT Power Solutions — SHYFT builds industrial-grade IoT and integrated software to connect and intelligently manage distributed energy resources (DERs) in markets that struggle with resiliency. SHYFT is pioneering the development of integrated decentralized power systems in emerging markets like Nigeria, leapfrogging over traditional central infrastructure and enablingDERs to scale and support existing but unreliable grids.
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Boost VC
VC Fund · San Mateo, California, United States · 17 investments in the past 12 months

Boost VC: The Pre-Seed Fund Making Sci-FI a Reality. Investing in crypto, virtual reality, augmented reality, AI, Ocean Tech, Space Tech, human augmentation, exoskeletons and more.

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Investment focus

  • Software, Virtual Reality, Blockchain
  • Seed, Pre-Seed, Funding Round
  • United States, Canada, United Kingdom

Portfolio highlights

  • ShapesXR — ShapesXR is a provider of a web-based platform for content creation and collaboration for VR applications.
  • Space DOTS — The first modular pico-labs for active in-space testing of advanced materials, from LEO to Cis-lunar and Interplanetary orbits.
  • Cascade Biocatalysts — Cascade Biocatalysts is built on a novel way to immobilize enzymes. Our technology keeps enzymes active and stable under difficult industrial conditions.
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Skywell Capital Partners
VC Fund · Nicosia, Nicosia, Cyprus · 1 investment in the past 12 months

Skywell Capital Partners is a multi-stage venture capital firm that invests in entrepreneurs with visionary ideas around the globe. We are looking for entrepreneurs who are building ground-breaking and sustainable businesses that are going to change the world.

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Investment focus

  • Artificial Intelligence, Software, Financial Services
  • Seed, Series A
  • Israel, United States, Canada

Portfolio highlights

  • Lendai — Are you a foreign investor that needs a loan? Lendai offers the best rates for US mortgages tailored to foreign investors! Apply now.
  • Swish.ai — Unlock the power of AI hyperautomation for your ITSM with our platform. Integrate with any existing tool and gain real-time insights to resolve tickets faster and reduce costs. Revolutionize the way you manage IT service delivery.
  • PicUP — PicUP is an AI-powered optimization and personalization platform for outbound sales and customer service calls
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Yossi Hasson
Angel · Cape Town, NA - South Africa, South Africa

Yossi Hasson is the Co-Founder and CEO of Metaversal and a Venture Partner at 2048 Ventures. He is also a Non-Executive Director of WeThinkCode_. Prior to that, he was the Managing Director of Techstars. He attended Stanford University Graduate School of Business and the University of Pretoria/Universiteit van Pretoria.

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Investment focus

  • Financial Services, Blockchain, Payments
  • Seed, Pre-Seed, Series A
  • South Africa, United States, Ghana

Portfolio highlights

  • Ozow — i-Pay is an instant EFT payment service in South Africa that allows your customer to make secure online payments directly into your bank account in real time.
  • Howler — Howler, is the powerful event technology platform designed at the uppermost benchmarks of service and technology to help consumers and event organisers to make moments that matter.
  • The Sun Exchange — The Sun Exchange is the peer-to-peer solar leasing marketplace. We leverage financial innovation and the power of the crowd to drive sustainable energy development and make the environmental, social and economic benefits of solar accessible and affordable for all. Through the Sun Exchange online platform, anyone, anywhere in the world, can buyremotely-located solar cells and then lease them to power businesses and organisations in sunny emerging markets. Solar cell owners earn income from the electricity that’s generated, while schools, businesses, clinics and other organisations gain access to affordable clean energy, reducing electricity costs and carbon emissions.
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Development Partners International
VC Fund · London, England, United Kingdom · 3 investments in the past 12 months

Development Partners International (“DPI”) is a leading Pan-African private equity firm, with strong local knowledge and an established track record of investing in Africa.DPI was established in 2007 by co-founders Miles Morland and Runa Alam, both pioneers of African investment, with a vision to build a leading pan-African private equity firm.Today, DPI manages over US$1.1bn of assets across two private equity funds.Through its world class team with over 100 years of aggregate African investment experience, DPI has invested in 19 portfolio companies operating across 27 countries.The investment team is 100% African and over 40% of the DPI team is made up of women. They possess the local network, knowledge and language skills to source and invest in transactions throughout the continent.

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Investment focus

  • Financial Services, Manufacturing, Retail
  • Private Equity, Funding Round, Series A
  • Egypt, Morocco, South Africa

Portfolio highlights

  • Kazyon — Kazyon is the largest Egyptian discount supermarket chain with over 450 stores in 17 governorates.
  • Ukheshe Technologies — Ukheshe Technologies is a technology company with a single API to integrate our fully digital financial services, including wallets, payment innovations and card issuing.
  • Marcyrl Pharmaceutical — Life is our Vision - Health is our Mission
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Circle
VC Fund · Boston, Massachusetts, United States · 12 investments in the past 12 months

Circle helps businesses and developers harness the power of digital dollar stablecoins for payments and internet commerce worldwide. Learn more today!

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Investment focus

  • Blockchain, Financial Services, Cryptocurrency
  • Seed, Funding Round, Pre-Seed
  • United States, United Kingdom, Singapore

Portfolio highlights

  • zkMe — zkMe operates as a zero-knowledge Identity Oracle provider.
  • Hourglass — Our mission at the Hourglass Collective is to grow adoption of real-world blockchain utility by incubating projects that bridge the crypto space with mainstream entertainment, popular apps, major retail brands and large-scale events
  • Ambient — Swap cryptocurrencies like a pro with Ambient. Decentralized trading is now better than ever.
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Fireball Capital
VC Fund · Cape Town, NA - South Africa, South Africa · 2 investments in the past 12 months

Fireball Capital operates as a venture capital firm.

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Investment focus

  • Email, Internet, Payments
  • Series A
  • South Africa

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.
  • Ukheshe Technologies — Ukheshe Technologies is a technology company with a single API to integrate our fully digital financial services, including wallets, payment innovations and card issuing.
Show more investments...

Beryl Group
VC Fund · Sandown, NA - South Africa, South Africa · 1 investment in the past 12 months

Beryl Group is a proprietary investments company with equity holdings in logistics, energy, mining, and financial sector companies.

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Investment focus

  • Banking, FinTech, Finance
  • Funding Round
  • South Africa

Portfolio highlights

  • Bettr — Bettr is a digital banking app for creator. Download the app to get your zero monthly fee digital bank account and virtual card. Join our community of creators, gamers, influencers, freelancers, tiktokkers, streamers, YouTubers and digital gig workers.
Show more investments...

Apis Partners
VC Fund · London, England, United Kingdom · 4 investments in the past 12 months

Apis Partners LLP backs growth financial services innovators who create transformative impact in their communities.

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Investment focus

  • Financial Services, Payments, FinTech
  • Private Equity, Series B, Funding Round
  • India, Singapore, South Africa

Portfolio highlights

  • TymeBank — TymeBank is a fully black-owned and controlled investment company based in South Africa. It is an exclusively digital retail bank that aims to provide every South African accessible and affordable banking so that they can take part in, grow and benefit from the country’s economy.
  • Money View — Money View is an application that is able to track and organize expenses, bills, and account balances. It is able to derive finance information from SMSs.Money View enables its users to set and follow budgets, view their bank account balance, obtain reminders about bills, and spit bills with the other users. It also facilitates Savings+ andTaxSaver+ that allows its users to save money.Money View was founded in April 2014 by Sanjay Aggarwal and Puneet Agarwal. It is based in Bangalore, Karnataka.
  • Peach Payments — Get Peach as your Payment Gateway and Grow your ecommerce. Process online payments with Visa, Mastercard, Debit Orders, EFT payments, and subscriptions. Plugins for Wix, Shopify, WooCommerce.
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Hlayisani Growth Fund
VC Fund · Fourways, NA - South Africa, South Africa

Hlayisani Growth Fund is focussed on mid-market, high growth private equity investments focussed on South Africa with an allowance for Sub-Saharan Africa and East African countries.

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Investment focus

  • Education, Apps, SaaS
  • Seed, Funding Round
  • South Africa

Portfolio highlights

  • GoMetro — GoMetro designs deploy and operate flexible mobility platforms. Their proprietary technology stack empowers city leaders, transport managers, corporates, retail centres, property developers, airports and downtown to introduce bold new mobility strategies. Their connected transport digital platform equips transport planners to respond to thechallenges of increased congestion, aged infrastructure, disruptive mobility players, self-driving vehicles and a lack of quality public transport services.
  • Sticitt — Sticitt is a cashless payment platform. Sticitt services schools, lifestyle and golf estates, as well as events and is assisting one utility company to get clients to pay for water bills using its cashless payments system.
  • d6 group — SCHOOLS Schools Communication Platforms and School Management Software COMMUNITIES Community & Internal Business Communication Platforms MEDIA Let your brand be seen Advertise on
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Globivest
VC Fund · Beirut, Beyrouth, Lebanon · 2 investments in the past 12 months

Globivest is a private investment firm with a diversified portfolio of assets. Our primary focus is on innovative and scalable early stage start-ups. We seek to establish long-term relationships with visionary entrepreneurs while adding clear value in strategy and execution.

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Investment focus

  • Health Care, E-Commerce, FinTech
  • Seed, Series A, Pre-Seed
  • United States, United Kingdom, United Arab Emirates

Portfolio highlights

  • Kwara — Kwara turns analog credit unions into modern digital banks.
  • Goodvest — Goodvest is an investment app (life insurance) that builds a better world, in line with your values and promoting performance.
  • Vibrant Planet — Data-driven science and cloud-based technology to help make communities and ecosystems more resilient in the face of climate change.
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Nexus Ventures
VC Fund · Ankara, Ankara, Turkey · 1 investment in the past 12 months

Nexus Ventures is an investment firm that invests in transformational businesses and creates meaningful partnerships with entrepreneurs. They support these ventures through its mentorship, business and technical know-how, vast network, and capital. The firm was founded in 2002 and is headquartered in Ankara, Turkey.

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Investment focus

  • Software, Internet, SaaS
  • Seed, Angel, Series A
  • Turkey, United States, India

Portfolio highlights

  • Rapido — Rapido bike taxi provides the best intra-city commuting services and is currently operating in 100+ cities. It is considered as the most affordable choice.
  • Iambic Therapeutics — Iambic has created a cutting-edge AI-driven platform to tackle the most challenging design problems in drug discovery and address unmet patient need.
  • Liminal — Create Multisig wallets for Bitcoin, Ethereum, Ripple using hardware wallets. We make it extremely easy and secure for individuals and businesses to manage their digital assets without giving up control and ownership.
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FMO
VC Fund · The Hague, Zuid-Holland, The Netherlands · 3 investments in the past 12 months

FMO is a financial investment firm that specializes in financing businesses and projects FMO invests across the agribusiness value chain to enhance food security, support sustainability and promoting inclusive development.

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Investment focus

  • Financial Services, Finance, FinTech
  • Debt Financing, Series B, Funding Round
  • India, The Netherlands, Kenya

Portfolio highlights

  • Laprophan — Laprophan gives people access to cutting-edge treatments and therapies. As a result, we are committed to researching, developing, and bringing new, innovative goods to market. dedication to patient-centered care pervades everything we do, from product creation to service delivery.
  • AMEA Power — Founded in 2016, AMEA Power has assembled a leading team of global industry experts to deliver clean energy projects across Africa, the Middle East and other emerging markets.
  • Northern Arc — Northern Arc Capital is a non-banking finance company that provides access to debt for under-served investors and businesses. Northern Arc Capita connects originators so that they may deepen their presence and provide access to financial services to millions of under-served households. Northern Arc Capital formerly Known as IFMR Capital. It wasfounded in 2008 and is headquartered in Chennai, India.
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Robby Hilkowitz
Angel

Robby Hilkowitz is an angel investor.

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Investment focus

  • Financial Services, FinTech, Payments
  • Series A, Funding Round
  • Israel, Hong Kong, Singapore

Portfolio highlights

  • Neat — Built for entrepreneurs, by entrepreneursAs entrepreneurs our businesses are always in motion: starting from an idea, to making a first sale, to expanding globally. We need a financial experience that evolves with us – an experience that’s still stable and secure, but adaptive too. Banks were built for a different era of business, not for thenew economy – where borders are disappearing and it’s easier than ever to start a global business. Neat believes in making international business a reality for entrepreneurs around the world. Today, Neat is a modern alternative to a bank, designed to support you wherever you go. Tomorrow, we’re a platform for doing business: building a dynamic and frictionless economy.
  • Yoco — Yoco is a point-of-sale payments provider for small businesses in Africa. Yoco helps 100,000 small businesses in South Africa get paid in-store, online, and on the go. Yoco was named one of the top 250 most promising fintech companies by CB Insights for the last 3 years running.The company was founded in 2013 and is based in Cape Town, SouthAfrica.
  • Bambu — Bambu is the next gen B2B robo-advisor platform providing digital wealth solutions that transform traditional wealth processes, globally.
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Calvin Ayre
Angel

Calvin Ayre (born May 25, 1961, in Lloydminster, Saskatchewan, Canada) is the founder of the Bodog online gaming and entertainment brand, which he developed and launched in 1994.Ayre received a Bachelor of Sciences (BSc) in General Sciences from the University of Waterloo in 1984. In 1989, Ayre earned an MBA in Management Finance from CityUniversity of Seattle.

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Investment focus

  • Blockchain, Information Technology, Bitcoin
  • Seed, Funding Round, Series A
  • United States, United Kingdom, Spain

Portfolio highlights

  • Mijem — Mijem is the buy sell marketplace app to tap into your campus community. Save money. Earn cash. Connect with students. Download the free app.
  • Centi — Get a real-time payment solution designed for media, events, and e-commerce. Download the app and discover all the benefits Centi brings for business worldwide!
  • Transmira — Augmented and Virtual Reality Solutions
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Geoffrey D Fink
Angel · London, England, United Kingdom

Geoffrey Fink is the Founder and Chairman of Investment Committee of Incentrum Group. He previously worked at Neuronix Medical as the Chairman. He attended The Fletcher School at Tufts University.

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Investment focus

  • FinTech, Payments, Point of Sale
  • Seed
  • South Africa

Portfolio highlights

  • Yoco — Yoco is a point-of-sale payments provider for small businesses in Africa. Yoco helps 100,000 small businesses in South Africa get paid in-store, online, and on the go. Yoco was named one of the top 250 most promising fintech companies by CB Insights for the last 3 years running.The company was founded in 2013 and is based in Cape Town, SouthAfrica.
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Imvelo Ventures
VC Fund · Sandown, NA - South Africa, South Africa

Imvelo Ventures is a venture capital and growth equity firm in South Africa managed by Capitec Bank.

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Investment focus

  • Software, FinTech, Financial Services
  • Seed, Funding Round
  • South Africa

Portfolio highlights

  • BancX — bancX is a modular, as-a-service platform for banks, fintechs, lenders, and retailers to build or extend their offering to meet market demand.
  • Lipa Payments — Lipa [ lee-puh ] Payments is a payment software solution for banks and fintech's that allows small merchants to perform digital transactions using NFC and Bluetooth technology. We remove the need for additional payment terminal hardware. Start transacting in less than hour with our SDK.
  • The Cape Town Stock Exchange — The Cape Town Stock Exchange is a south Africa’s stock exchange for small- and medium-sized businesses.
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TotalEnergies Ventures
VC Fund · La Défense, Ile-de-France, France · 1 investment in the past 12 months

TotalEnergies Ventures is the venture capital arm of Total.As part of Total's commitment to a better energy future, TotalEnergies Ventures is focused on finding, funding and fostering high-potential start-ups which will contribute to creating a low carbon future.Current areas of interest include Renewables, Distributed Energy, NewMobility, Energy Access, Energy Storage, Bio-Plastics, Circular Economy, Carbon Capture and Hydrogen.

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Investment focus

  • Energy, Renewable Energy, Transportation
  • Series B, Funding Round, Series C
  • United States, France, United Kingdom

Portfolio highlights

  • Autogrid — Building a Resilient and Sustainable Grid with Distributed Energy Resources. Enabling a smarter, cleaner, more distributed electric power grid.
  • 45-8 ENERGY — 45-8 ENERGY is exploring eco-friendly helium for uses in many industries.
  • Zola Electric — ZOLA Electric designs renewable energy solutions based on the latest in solar, battery and power electronics technology. Adaptable to energy need and income, ZOLA Electric’s solar systems can be bought over time using PAYGo micro-finance leasing and mobile money payments. ZOLA Electric powers more than 180,000 homes and businesses across Tanzania,Rwanda, Côte d’Ivoire and Ghana. Investors include Tesla, Vulcan Capital, DBL Partners, Helios Investment Partners, EDF, Total and GE Ventures. ZOLA Electric is a recipient of the UN Momentum for Change Award, the Zayed Future Energy Prize and is a member of the Global Cleantech 100.
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Velocity Capital Fintech Ventures
VC Fund · Driebergen, Utrecht, The Netherlands

We are a venture capital firm that invests in fintech companies with unstoppable founders. We provide early stage (no seed) capital funding.

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Investment focus

  • FinTech, Financial Services, Software
  • Series A, Series B, Seed
  • The Netherlands, United Kingdom, United States

Portfolio highlights

  • Yoco — Yoco is a point-of-sale payments provider for small businesses in Africa. Yoco helps 100,000 small businesses in South Africa get paid in-store, online, and on the go. Yoco was named one of the top 250 most promising fintech companies by CB Insights for the last 3 years running.The company was founded in 2013 and is based in Cape Town, SouthAfrica.
  • Gotrade — Making investing fun, fair and simple. Join over 500,000 investors investing in fractions of companies like Google, Apple & Netflix from as little as $1.
  • The Social Handshake — With Payroll Giving you make it easier and more financially attractive for your employees to give to charity. Directly from their salary.
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RaliCap
VC Fund · 3 investments in the past 12 months

Rally Cap is a global community of tech folks investing in an exclusive portfolio of top-tier early stage venture funds in Latin America and sub-Saharan Africa.

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Investment focus

  • Financial Services, FinTech, Payments
  • Seed, Pre-Seed, Series A
  • Mexico, Nigeria, Pakistan

Portfolio highlights

  • Axis — axis for Business enables small businesses to seamlessly manage employee payroll, salary advances, and expenses - all from one place.
  • Amini — Amini is enabling Africa to transform the world, by empowering our ecosystem through data & fostering opportunities for 1B lives.
  • Revio — Subscription billing and payments made easy.
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GalloProvincialis
VC Fund · 1 investment in the past 12 months

GalloProvincialis

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Investment focus

  • Payments, Financial Services
  • Seed
  • South Africa, The Netherlands

Portfolio highlights

  • Maholla — Maholla is a consumer technology company focused on delivering value to millions of shoppers in Africa's emerging markets. Rewarding shoppers for any purchase from any store, Maholla is building a consumer rewards experience that is completely agnostic of any specific brand, retailer and payment mechanism.
  • Sticitt — Sticitt is a cashless payment platform. Sticitt services schools, lifestyle and golf estates, as well as events and is assisting one utility company to get clients to pay for water bills using its cashless payments system.
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UNCOVERED FUND
VC Fund · Tokyo, Tokyo, Japan · 1 investment in the past 12 months

UNCOVERED FUND is a venture capital firm that leads the creation of industries in Africa and other emerging countries.

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Investment focus

  • FinTech, Banking, Financial Services
  • Seed, Series A, Funding Round
  • Kenya, Nigeria, United States

Portfolio highlights

  • Thepeer — API infrastructure for businesses
  • Badili — Badili is a one-stop shop for buying and selling used and refurbished phones. Founded in 2021 and is based in Nairobi.
  • Bettr — Bettr is a digital banking app for creator. Download the app to get your zero monthly fee digital bank account and virtual card. Join our community of creators, gamers, influencers, freelancers, tiktokkers, streamers, YouTubers and digital gig workers.
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FSD Africa
VC Fund · Nairobi, Nairobi Area, Kenya · 1 investment in the past 12 months

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

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

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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Two Culture Capital
VC Fund · Dublin, Dublin, Ireland · 8 investments in the past 12 months

The art and science of entrepreneurship

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Investment focus

  • FinTech, Financial Services, Information Technology
  • Seed, Pre-Seed, Series A
  • United States, Mexico, India

Portfolio highlights

  • Figuro — Figuro is reshaping the brokerage channel for insurance companies in LATAM by transforming how insurance is bought, sold and designed. That means no more photocopies, no printed forms, no waiting for hours or days to get a quote or a policy. Today, more than 60% of insurance sales in the region are made through a channel that hasn't changed in50 years, that relies mostly on human activity, paper or Excel -for the innovators-. We are more effective and efficient than any other traditional broker in the market for individuals and families.
  • Trebellar — Trebellar provides advanced data analytics for building occupancy, energy efficiency, and climate optimization. Maximize your workplace productivity with our intelligent building solutions.
  • Operant — Operant.AI is an intelligence platform for collection agents and customer success teams.
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Gauss Ventures
VC Fund · London, England, United Kingdom · 1 investment in the past 12 months

Backing high-impact technologies that reshape industries Building growth

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Investment focus

  • Financial Services, FinTech, Banking
  • Series A, Funding Round, Seed
  • United Kingdom, Malta, Germany

Portfolio highlights

  • Capitalise.com — We've partnered with 100+ UK lenders to offer business loans and cash flow solutions to SMEs. Find the funding that best matches your needs today.
  • Bettr — Bettr is a digital banking app for creator. Download the app to get your zero monthly fee digital bank account and virtual card. Join our community of creators, gamers, influencers, freelancers, tiktokkers, streamers, YouTubers and digital gig workers.
  • Zilch — Buy now, pay later with Zilch. Shop thousands of brands online or in store and pay off your purchase over 6 weeks in 4 instalments.
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Invictus Capital
VC Fund · George Town, Midland, Cayman Islands

Invictus Capital leverages existing public blockchain rails and the hundreds of thousands of onramps and offramps that exist globally to democratize access to investment products in emerging and developed markets. We believe investing should be convenient, transparent and low-cost.

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Investment focus

  • Internet, Blockchain, Cryptocurrency
  • Seed
  • South Africa

Portfolio highlights

  • Ovex — OVEX is a cryptocurrency exchange company.
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Investment One
VC Fund · Lagos, Lagos, Nigeria

Investment One is a financial firm that provides fund management, stockbroking, venture capital, pension and consulting services.

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Investment focus

  • FinTech, Payments, Mobile Apps
  • Series A
  • South Africa

Portfolio highlights

  • PayCode Inc — Paycode is a South African fintech that combines biometric digital identity and payments in one platform. By offering these two solutions, users are able to access financial services that include cash pay-outs, mobile money, remittances, insurance, microloans, airtime, electricity, and social grants.
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Musha Ventures
VC Fund · New York, New York, United States · 2 investments in the past 12 months

Seed capital for technology startups globally.

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Investment focus

  • Financial Services, Software, FinTech
  • Seed, Pre-Seed, Series A
  • United States, Nigeria, Kenya

Portfolio highlights

  • Terraa — Terraa is a B2B distribution platform in Moroccan.
  • OmniBiz — Omnibiz is a digital platform for small businesses willing to attract new customers.
  • Revivo — Revivo is an online marketplace for electronics spare parts, tools & accessories.
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Nedbank
VC Fund · Sandown, NA - South Africa, South Africa

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.

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Investment focus

  • Software, Information Technology, Mining
  • Series A, Debt Financing, Post-IPO Debt
  • South Africa, Australia, United States

Portfolio highlights

  • KTO Digital — J-Cred is a solution developed by KTO Digital to help organisations make informed decisions driven by digital access to data and aiding in business risk management. The solution is a data aggregation platform that is applicable to multiple business units such as; procurement, HR, finance, forensic auditing, governance and compliance.
  • Ukheshe Technologies — Ukheshe Technologies is a technology company with a single API to integrate our fully digital financial services, including wallets, payment innovations and card issuing.
  • Airports Company South Africa — Airports Company of South Africa Limited operates nine of South Africa’s airports. Its head office is in the Maples Office Park.
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Michael Jordaan
Angel · Stellenbosch, NA - South Africa, South Africa

Michael Jordaan, the former banker now heads up a private investment company, Montegray Capital and lends a strategic-hand to various businesses, including as Chairman of Wines of South Africa (WoSA), Chairman of consumer data buro, Compuscan and as Director on the JSE. Michael also actively invests as a partner in AngelHub Ventures, a SouthAfrican based Venture Capital Fund.In 2014 he co-founded a coding apprenticeship program, ProjectcodeX, to grow highly skilled software developers to fuel the digital economy.

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Investment focus

  • SaaS, Education, Financial Services
  • Seed, Series A
  • South Africa

Portfolio highlights

  • VALR — Buy and sell bitcoin, ethereum & more | Pay anyone for free with VALR Pay
  • Snapplify — Snapplify is at the forefront of edtech solutions in Africa, and specialises in enabling digital learning for individuals and institutions via the largest digital educational marketplace in Africa. As a global edtech company, Snapplify strives for radical inclusion to level the playing field and equip individuals across emerging markets with theworld-class tools they need to collaborate, innovate and thrive. Snapplify’s technology is used in other educational products to facilitate collaboration throughout the educational community.Snapplify for Education’s award-winning platform is already a top choice for institutions integrating digital education into their classrooms. From software to support, Snapplify provides institutions with everything they need to create a secure, collaborative e-learning environment for students. Snapplify’s robust 24-hour-access digital-library solution offers thousands of free ebooks and widely applicable, curriculum-approved educational content supplied by partner publishers from across the globe. Snapplify’s diversity of device integration allows schools to use its products on the devices that they already have access to, without having to invest in costly digital infrastructure upgrades. Snapplify’s solutions are industry celebrated and globally recognised for their innovation in technology.In order to achieve its educational goals, Snapplify has built strong relationships with diverse partners around the growth of its ebook, e-textbook, and device catalogue, and partnered with international publishers and other key stakeholders to meet the demand for widely relevant, curriculum-compliant digital educational content. As a socially minded company, Snapplify is committed to supporting others and creating sustainable change through collaboration and innovation. Snapplify empowers, inspires, and uplifts teachers via Teacha! (a media hub, resource marketplace, and careers portal for educators); is the digital content partner on a project that delivers technology and e-learning to public schools in South Africa’s Gauteng province, and runs impact programmes through the Snapplify Foundation.Snapplify originated in South Africa, focusing initially on the South African education and digital content industries. Since its establishment in 2012, the company has grown and expanded into new markets in Africa and the United States, with offices across South Africa, as well as in Nairobi, London, Amsterdam and New Jersey. Snapplify is backed by AngelHub Ventures, a venture capital company backed by former First National Bank CEO Michael Jordaan and the Harris family, as well as international investors. In 2019, Snapplify secured $2 million expansion capital from venture capital firm Knife Capital, and empowered African investment manager Hlayisani Capital’s Hlayisani Growth Fund.Snapplify for Education’s award-winning platform is already a top choice for institutions integrating digital education into their classrooms. From software to support, Snapplify provides institutions with everything they need to create a secure, collaborative e-learning environment for students. Through Snapplify’s e-learning and digital library solution, Engage, educators can share teacher-created, multimedia resource materials with students; administrators can manage the access and permissions for multiple student and staff accounts; schools can host their own 24-hour access digital content library (which comes with over 50 000 free resources including study guides, e-textbooks, past exam papers for multiple curricula, children’s books in African languages and more); and students and parents can purchase prescribed e-textbooks. Snapplify’s diversity of device integration allows schools to use its products on the devices that they already have access to, without having to invest in costly digital infrastructure upgrades. Snapplify’s solutions are industry celebrated and globally recognised for their innovation in technology.
  • Real Time Wine — Share your wine moments. Real Time Wine is the social wine discovery app for everyone who enjoys wine, not just those who understand it. [In App Stores NOW!]
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Realm Digital
VC Fund · Cape Town, NA - South Africa, South Africa

Realm Digital is a digital strategy and software development company in Cape Town. We specialise in digital solutions with a focus on custom development.

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Investment focus

  • Payments, Financial Services
  • Seed
  • South Africa

Portfolio highlights

  • Sticitt — Sticitt is a cashless payment platform. Sticitt services schools, lifestyle and golf estates, as well as events and is assisting one utility company to get clients to pay for water bills using its cashless payments system.
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R-Ventures
VC Fund · 1 investment in the past 12 months

R-Ventures is a global investor in high-impact tech startups driving change and economic growth through emerging market investments.

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Investment focus

  • Banking, FinTech, Finance
  • Seed, Funding Round
  • Senegal, South Africa

Portfolio highlights

  • Bettr — Bettr is a digital banking app for creator. Download the app to get your zero monthly fee digital bank account and virtual card. Join our community of creators, gamers, influencers, freelancers, tiktokkers, streamers, YouTubers and digital gig workers.
  • Yobante Express — Yobante Express offers a web & mobile platform that connects retailers, businesses & individuals with carriers for point-to-point delivery.
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Still Capital Partners
VC Fund · 1 investment in the past 12 months

Still Capital Partners is an investment firm.

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Investment focus

  • FinTech, Banking, Finance
  • Series A, Funding Round
  • South Africa, United States

Portfolio highlights

  • BrightPlan — BrightPlan's financial wellness solution is built to lead all employees to financial success on their own terms at every stage of life.
  • Bettr — Bettr is a digital banking app for creator. Download the app to get your zero monthly fee digital bank account and virtual card. Join our community of creators, gamers, influencers, freelancers, tiktokkers, streamers, YouTubers and digital gig workers.
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Zip
VC Fund · Sydney, New South Wales, Australia · 1 investment in the past 12 months

Zip is an online payments technology provider that offers consumers credit options for online shopping. The company was founded in 2013 by Larry Diamond, Niamh Mc Enaney, and Peter Gray and is headquartered in Sydney, New South Wales, Australia.

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Investment focus

  • FinTech, Payments, Mobile Payments
  • Series C, Funding Round, Corporate Round
  • India, South Africa, Czech Republic

Portfolio highlights

  • Payflex — Payflex offers an online payment gateway solution to South African merchants that allows shoppers to pay over 6 weeks, interest-free.
  • ZestMoney — Enjoy the convenience of shopping for electronic gadgets, fashion, travel, education on EMI without credit card. No debit card or credit score required!
  • Twisto — Twisto is on a mission to challenge the status quo of everyday finances via exceptional customer experience by being at the forefront in delivering cutting edge technology. Pay simply, fast and securely.
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Samsung Electronics
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 5 investments in the past 12 months

Discover the latest in electronic & smart appliance technology with Samsung. Find the next big thing from smartphones & tablets to laptops & tvs & more.

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Investment focus

  • Manufacturing, Software, Artificial Intelligence
  • Funding Round, Grant, Series B
  • United States, Brazil, China

Portfolio highlights

  • Alpha Monitor — Alpha Monitor has created a smart wristband that can monitor Alzheimer's patients and alert carers to changes in their behaviour.
  • Hammerspace — Hammerspace Helps Unify Data Access Across Data Center Clusters and Clouds. Any Application, Any User, Any Data Center, Any Cloud Service, Anywhere.
  • Rainbow Robotics — Rainbow Robotics is an advanced robotic system engineering business that specializes in mechatronics technology. It creates and manufactures industrial robots in addition to other robots. Their offerings consist of it works to commercialize robots by acquiring unique technology from ongoing research and development and launching phenomenal,advantageous robots, from the foremost disaster relief robot in the globe to a collaborative robot developed in-house.
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Crossfin Technology
VC Fund · Cape Town, NA - South Africa, South Africa · 1 investment in the past 12 months

Crossfin invests in FINTECH solutions to enable growth for economies in Africa and beyond. Crossfin invests in high growth and established cash generative businesses, offering investors a blended exposure to technology investments in Fintech.

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Investment focus

  • Payments, Financial Services, Information Technology
  • Funding Round, Series A, Private Equity
  • South Africa, United States, Russian Federation

Portfolio highlights

  • Adumo — We are your expert partner in payments, enabling you to seamlessly and securely accept payments in-store and online with our true omni-channel experience. Never miss a sale with South Africa's largest independent payments processor.
  • My-iMali — My-iMali is a mobile wallet solution used for safe and secure transactions. Pay any number of people for only R1.25, including Staff & Students.
  • VantagePay — VantagePay provides white-label payment and technology solutions to the Banking, Telco, Financial Services, and Consumer Product Industries.
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Two Hop Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands

Two Hop is a VC fund focusing exclusively on startups providing the infrastructure for the next generation secure internet. While the Web 2.0 democratized many power structures and created new opportunities, the economic engine is largely privatized and monopolized. Facebook, Uber and AirBnB have created private networks for public infrastructurewhich they dominate. Web 3 is the antithesis and promises to return the internet to the hands of users through the combination of blockchain and internet. It’s about multiple profit centers sharing value across an open network. Two Hop believes the BSV blockchain is best suited for becoming the backbone of Web 3.

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Investment focus

  • Blockchain, Software, Bitcoin
  • Seed, Series A
  • The Netherlands, United States, Spain

Portfolio highlights

  • Vaionex — Next Generation Blockchain Applications. We are building the infrastructure and services that will power the new internet and economic system.
  • BikeFair — BikeFair is an online marketplace for comfortable buying and selling verified non-stolen bicycles.The idea of BikeFair arose from our personal need to buy a cheap (yet usable) bike for everyday use in the Netherlands. That felt like an extremely hard & annoying thing to do with the existent tools. We are also fed up by the number of bikes weand our friends have already lost to theft, and we realized there is a way out of this: we can cut the demand for stolen bikes by creating a nice and easy-to-use alternative.Designed to prevent trading stolen bikes, BikeFair offers an easy and fun to use service alternative to the shady dude trying to sell you an obviously stolen bike on the corner at midnight.
  • mintBlue — Enterprise infrastructure for decentralised storage and authentication at scale. SDKs and APIs built for absolute data ownership.
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