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Since 2014, Digital Currency Group has backed 9 African startups across 14 disclosed funding rounds totaling $70.7M, most heavily in South Africa and Crypto & Web3.
Digital Currency Group is an investor and operator in the crypto industry, based in Stamford, Connecticut, according to its official presence. Its website describes the firm as “the investor & operator of the crypto industry.” In Africa, the provided records show Digital Currency Group investing primarily in crypto and web3, fintech, developer tools and cloud, legal and compliance, and marketing and CRM. Its activity in the region spans seed, Series A, and Series B rounds, with the largest concentration in seed deals. The records also show a geographic emphasis on Kenya, South Africa, Nigeria, and Egypt, including backing companies such as Luno, AZA Finance, Kotani Pay, AXG, Tappi, TurnStay, Regfyl, Stakpak, and Conduit.
Data updated · Aug 19, 2026
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Digital Currency Group has backed 9 African startups across 14 disclosed funding rounds tracked on Liners, totaling $70.7M since 2014.
Mostly Seed: 9 of its 14 tracked rounds are at that stage, followed by Series A (4).
Digital Currency Group's tracked rounds are concentrated in South Africa (6), Kenya (6), Nigeria (2), and 1 more country.
Its tracked rounds lean toward Crypto & Web3 (7), Fintech (5), Developer Tools & Cloud (1), and 2 more sectors.
Digital Currency Group most often shares rounds with Circle Ventures (2 shared deals), P1 Ventures (2 shared deals), Balderton Capital (2 shared deals).
Based on the provided records, Digital Currency Group has backed African companies in crypto and web3, fintech, developer tools and cloud, legal and compliance, and marketing and CRM. Its African portfolio in the records includes Luno, AZA Finance, Kotani Pay, AXG, Tappi, TurnStay, Regfyl, Stakpak, and Conduit.
The provided records show Digital Currency Group active from May 2014 to May 2025 in Africa, with 14 funding rounds and $70.7M invested. That includes repeat activity across multiple African startups.