LeapFrog Investments is a private equity firm that invests in high-growth, purpose-driven businesses in Africa and Asia. The firm partners with company leaders to achieve growth, profitability, and impact, focusing on sectors like financial services and healthcare that serve emerging consumers. LeapFrog has invested $441.4 million across 8 funding rounds from October 2015 to October 2025, primarily in fintech companies in South Africa and Nigeria. Investments span stages including Series A, Series B, Series C, and venture rounds, with notable commitments to Moniepoint in Nigeria, Interswitch in Nigeria, and multiple rounds in JUMO in South Africa. The firm collaborates with prominent co-investors such as Goldman Sachs, Odey Asset Management, and Vostok Emerging Finance. LeapFrog emphasizes profit with purpose, supporting financial inclusion and essential services for underserved populations.
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