Digital Currency Group

Digital Currency Group (DCG) is a venture capital firm focused on the digital currency market and decentralized technologies. Founded in 2015, it invests in and operates companies across the crypto industry, including institutional financial services, crypto asset management, media, decentralized infrastructure, consumer wallets, and trading platforms. DCG is based in Stamford, Connecticut. DCG has actively invested in African fintech and crypto startups from August 2014 to May 2025, participating in 9 funding rounds totaling $67 million. It targets Seed and Series A stages, with 4 investments each in Seed and Series A, plus 1 in Series B. The firm focuses on Crypto & Web3 (5 investments) and Fintech (4 investments), primarily in Kenya (4), South Africa (4), and Nigeria (1). Notable portfolio companies include Luno in South Africa, Conduit Pay in Nigeria, and AZA Finance, Kotanipay, Tappi, and Alloyx in Kenya. DCG frequently co-invests with firms such as Circle Ventures, Balderton Capital, and others including Sound Ventures, Commerce Ventures, and Helios Investment Partners.