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Since 2022, North Island Ventures has backed 2 African startups across 2 disclosed funding rounds totaling $13.4M, most heavily in Fintech.
North Island Ventures is a crypto focused investment firm based in New York City. According to its official website, the firm backs visionary founders building in the crypto and blockchain ecosystem. In Africa, based on available transaction data, North Island Ventures has participated in seed stage funding rounds. These include early investments in Nigerian startups in the crypto and fintech space, such as Fonbnk, which enables users to convert local prepaid payments into stablecoins, and Cedar Money, which provides high volume cross border payments and collections for businesses. Across these African deals, the firm has been active at the seed stage in Nigeria, with a focus on crypto, Web3, and financial technology applications. This activity aligns with its broader global thesis of supporting early stage crypto and blockchain startups across use cases and geographies.
Data updated · Jul 29, 2026
North Island Ventures has backed 2 African startups across 2 disclosed funding rounds tracked on Liners, totaling $13.4M since 2022.
Mostly Seed: 2 of its 2 tracked rounds are at that stage.
Companies North Island Ventures has backed operate in Côte d'Ivoire (2), Ghana (2), Kenya (2), and 13 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 Fintech (1), Crypto & Web3 (1).
North Island Ventures most often shares rounds with Wischoff Ventures (1 shared deal), QED Investors (1 shared deal), Stellar Development Foundation (1 shared deal).
North Island Ventures is a crypto focused investment firm that provides capital to founders building in the crypto and blockchain ecosystem. The firm states on its official website that it is based in New York City.
North Island Ventures has backed Fonbnk, a platform that converts local prepaid payments into stablecoins, and Cedar Money, a provider of high volume cross border payments and collections for businesses. Both companies operate in Nigeria.
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