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Since 2013, 88mph.ac has backed 2 African startups across 3 disclosed funding rounds totaling $9.1M, most heavily in South Africa and Fintech.
88mph is a seed fund and accelerator based in Nairobi, Kenya and Cape Town, South Africa, investing in early-stage web and mobile startups targeting the African market. Founded in 2011, the organization combines direct seed investment with structured three-month accelerator programs designed to help entrepreneurs prove their business models and reach investor-ready status. 88mph's investment activity focuses on seed-stage companies across Sub-Saharan Africa, with particular emphasis on fintech solutions. The firm has backed companies including Pawapay, a mobile money API platform serving Pan-African markets, and Peach Payments, which provides payment orchestration across Africa. Through its accelerator programs, 88mph offers up to $100,000in funding alongside mentorship and operational support to help startups scale independently or attract follow-on investment from angels and venture capital firms.
Data updated · Jul 29, 2026
88mph.ac has backed 2 African startups across 3 disclosed funding rounds tracked on Liners, totaling $9.1M since 2013.
Mostly Seed: 3 of its 3 tracked rounds are at that stage.
88mph.ac's tracked rounds are concentrated in South Africa (2), Kenya (1).
Its tracked rounds lean toward Fintech (3).
88mph.ac most often shares rounds with Zagadat Capital (1 shared deal), Kepple Africa Ventures (1 shared deal), MSA Capital (1 shared deal).
88mph has invested in Pawapay, a mobile money collection and payout platform serving Pan-African markets, and Peach Payments, which provides payment orchestration solutions across Africa. The firm has made multiple seed-stage investments in fintech and digital commerce startups.
Startups can apply directly through 88mph's website at https://www.88mph.ac. Applications require answering questions about the business and optionally submitting a video and supporting documents. Selected applicants participate in a three-month full-time accelerator program at either the Nairobi or Cape Town location.