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Since 2020, Onafriq has backed 4 African startups across 4 disclosed funding rounds totaling $12.9M, most heavily in Uganda and Fintech.
Onafriq is a pan-African payments company that enables interoperable cross-border and domestic digital payments. It connects businesses to a real-time payments network across Africa, linking over 1 billion mobile wallets and 500 million bank accounts. The company operates with a strong regional presence in 10 offices in Africa, and others in the UK, US, and China. Onafriq has participated as an investor in three seed-stage funding rounds in the fintech sector between April 2021 and September 2022, totaling $11.6 million. Its investments focused on Uganda with two rounds in Numida, which provides unsecured business loans up to UGX 30 million in 24 hours, and Côte d'Ivoire with one round in Julaya, which manages business payments and collections from one account. The company co-invested alongside notable firms including Launch Africa Ventures, Y Combinator, Serena Ventures, and Orange Ventures.
Data updated · Jul 29, 2026
Onafriq has backed 4 African startups across 4 disclosed funding rounds tracked on Liners, totaling $12.9M since 2020.
Mostly Seed: 3 of its 4 tracked rounds are at that stage, followed by Series A (1).
Onafriq's tracked rounds are concentrated in Uganda (2), South Africa (2), Côte d'Ivoire (1).
Onafriq most often shares rounds with Launch Africa Ventures (2 shared deals), Soma Capital (1 shared deal), 4Di Capital (1 shared deal).
Onafriq has backed Numida in Uganda and Julaya in Côte d'Ivoire. Numida offers unsecured business loans up to UGX 30 million in 24 hours. Julaya enables business payments and collections from one account.
Onafriq has invested in Uganda and Côte d'Ivoire. It participated in two rounds in Uganda and one in Côte d'Ivoire.