Compass Venture Capital

Compass Venture Capital is a venture capital fund based in Moka, Mauritius. It is wholly owned by ENL Group, one of Mauritius’ largest business conglomerates, and operates as the group’s corporate venture arm. The firm focuses on backing technology companies and high growth start ups and SMEs, particularly across Africa and the Indian Ocean region. Compass Venture Capital invests in companies with scalable business models and strong growth potential, with a focus on sectors such as fintech, artificial intelligence, payments, data, and clean energy. The firm targets opportunities across the African continent, including Francophone West Africa, and has backed HUB2, a Côte d'Ivoire based fintech company that enables interoperable mobile money payments across Francophone Africa. According to available investment records, Compass Venture Capital has participated in multiple seed and later stage rounds for HUB2 between 2018 and 2021, all in the fintech sector. Through its backing from ENL Group and its collaboration with regional start up support structures, Compass Venture Capital contributes to the development of a vibrant entrepreneurial ecosystem in Mauritius, the Indian Ocean region, and broader Africa. Its portfolio reflects a focus on technology driven solutions that address financial inclusion and digital transformation across the continent.