5 investmentsΒ·5 products on Liners
AlphaCode Club is a club for financial services entrepreneurs, founded by Rand Merchant Investments in 2015. It functions as an innovation hub and community for fintech startups, providing incubation, acceleration, collaboration, and investment support. Based in Johannesburg, South Africa, it offers a physical workspace and virtual platform to connect entrepreneurs, intrapreneurs, industry experts, and partners. AlphaCode Club invested $11.1M across 5 funding rounds from August 2017 to June 2022, focusing exclusively on South African companies. Investments spanned Seed, Series A, Debt Financing, and Other stages, targeting sectors including Productivity & Workspace (BriefCo), AI & Analytics (Carscan), Media & Entertainment (Matchkit), Agri Tech (Livestock Wealth), and Crypto & Web3 (Luno). Co-investors included Launch Africa Ventures, E2 Ventures, IDF Capital, Allan Gray, Kalon Venture Partners, Prosus Group, Balderton Capital, Digital Currency Group, and Venturra Capital.