Financial Technology

Why African Fintech Is
Ajim Capital's
Highest-Conviction Sector

Africa processes over $700 billion in informal transactions annually. Every company digitizing a payment rail, a payroll system, or a cross-border transfer is operating at the intersection of enormous demand and almost no legacy infrastructure to defend against it.

Explore Fund II → Apply for Funding
01Sector thesis

The next layer of
African fintech

Payments and wallets built the first generation of African fintech. The second generation is vertical: embedded credit for SMEs, infrastructure APIs, B2B spend management, and cross-border rails for Africa's globally distributed workforce.

Fintech is the sector where Africa's infrastructure gap is most acute and most measurable. Banking penetration across Sub-Saharan Africa remains under 40%. The companies solving this are building essential infrastructure, not features — and infrastructure compounds.

For a deeper look at where we see the sector going, read our analysis: Fintech Will Keep Leading African VC — But the Next Layer Looks Different.

What we look for in fintech founders
Regulatory fluency, distribution insight, and a structural understanding of why now is the right moment for their specific product in their specific market.
Payment infrastructure
Cross-border rails, multi-currency accounts, and B2B payment networks serving Africa's globally connected workforce and businesses.
SME financial services
Embedded credit, spend management, and working capital solutions for the SMEs that drive the majority of African economic activity.
Financial infrastructure
APIs, compliance infrastructure, and data services that enable other fintech companies to build faster and safer.
02Portfolio

Fintech companies
we have backed

Payments
Raenest
Multi-currency accounts and global payroll for African professionals and remote workers. Series A led by QED Investors.
B2B Finance
Flex Finance
Spend management and financial operations platform for African businesses.
Financial Software
Tyms
Accounting and financial management software for SMEs across Sub-Saharan Africa.
Commerce Finance
Chpter
Social commerce payments platform. Acquired by Cloud9.

Building Africa's
financial infrastructure?

We back fintech founders at pre-seed and seed. Write the first check. Stay for the journey.

Apply for Funding → Investor Enquiry