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Since 2014, Digital Currency Group has backed 8 African startups across 13 disclosed funding rounds totaling $70.2M, most heavily in Kenya 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 8 African startups across 13 disclosed funding rounds tracked on Liners, totaling $70.2M since 2014.
Mostly Seed: 8 of its 13 tracked rounds are at that stage, followed by Series A (4).
Companies Digital Currency Group has backed operate in Kenya (12), Nigeria (11), South Africa (11), and 10 more markets. Each figure counts the rounds behind companies serving that market, so a company operating in several markets counts in each of them.
Its tracked rounds lean toward Crypto & Web3 (7), Fintech (5), Legal and Compliance (1), and 1 more sector.
Digital Currency Group most often shares rounds with Circle Ventures (2 shared deals), Balderton Capital (2 shared deals), Blockchain 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.
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