---
title: "Palm Drive Capital"
description: "Palm Drive Capital is a New York-based venture capital and growth equity firm. Its official website describes the firm as investing in software and internet companies. In Africa, the firm has backed fintech companies at the Series A and Series B stages. Based on the records provided, its African portfolio includes Umba in Kenya, and Moove and LemFi in Nigeria. Its activity in the region has been concentrated in fintech, with all recorded African investments in that sector."
canonical_url: "https://liners.com/investors/palm-drive-capital"
markdown_url: "https://liners.com/investors/palm-drive-capital.md"
type: "investor"
language: "en"
image: "https://assets.liners.com/storage/v1/object/public/media/investors/palm-drive-capital/favicon.png?v=1785330195746"
updated_at: "2026-08-06T03:00:57.359Z"
---

# Palm Drive Capital

Palm Drive Capital is a New York-based venture capital and growth equity firm. Its official website describes the firm as investing in software and internet companies. In Africa, the firm has backed fintech companies at the Series A and Series B stages. Based on the records provided, its African portfolio includes Umba in Kenya, and Moove and LemFi in Nigeria. Its activity in the region has been concentrated in fintech, with all recorded African investments in that sector.

## Breadcrumbs

- [Investors](/investors)
- [Palm Drive Capital](/investors/palm-drive-capital)

## Summary

Palm Drive Capital is a New York-based venture capital and growth equity firm. Its official website describes the firm as investing in software and internet companies. In Africa, the firm has backed fintech companies at the Series A and Series B stages. Based on the records provided, its African portfolio includes Umba in Kenya, and Moove and LemFi in Nigeria. Its activity in the region has been concentrated in fintech, with all recorded African investments in that sector.

## Recorded investments

| Product | URL | Stage | Amount | Date |
| --- | --- | --- | --- | --- |
| LemFi | /lemfi | Series B | 53000000 | 2025-01-01T00:00:00.000Z |
| Moove | /moove | Series B | 100000000 | 2024-03-01T00:00:00.000Z |
| Umba | /umba | Series A | 15000000 | 2022-04-01T00:00:00.000Z |

## Related pages

- [All investors](/investors)
- [Funding rounds](/funding)

## Access and citation

- [Canonical HTML page](https://liners.com/investors/palm-drive-capital)
- [Markdown route index](/sitemap.md)
- [Agent access guide](/llms.txt)