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Since 2018, Raba Capital has backed 13 African startups across 18 disclosed funding rounds totaling $287.4M, most heavily in Fintech.
Raba Capital, also known as The Raba Partnership, is an early stage technology investment firm focused on Africa and other under followed markets. It is a venture capital partnership that works closely with founders of software and internet first companies. Public profiles and the firm’s own materials consistently identify Raba’s headquarters in Cape Town, South Africa. Raba invests primarily at the pre seed, seed, and Series A stages, with selective participation in later rounds such as Series B and Series C. Its portfolio and disclosed rounds highlight a strong focus on African fintech, including investments in companies such as Thndr, Stitch, Swypex, axis, Yoco, OnePipe, Kwara, Send App, and Floatpays. The firm also backs crypto and Web3 businesses like Yellow Card and Busha, as well as sector specific platforms in agri tech and HR and talent such as Nile and Floatpays. Raba’s activity spans key African markets including South Africa, Egypt, Nigeria, and Kenya. Across these investments Raba consistently targets technology businesses that enable the efficient movement of capital and essential products, particularly financial services and payments infrastructure. The partnership positions itself as a long term collaborator to founders, aiming to support category defining African software and internet companies and to solve real world problems in emerging technology ecosystems.
Data updated · Sep 9, 2026
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Raba Capital has backed 13 African startups across 18 disclosed funding rounds tracked on Liners, totaling $287.4M since 2018.
Mostly Seed: 10 of its 18 tracked rounds are at that stage, followed by Series A (3).
Companies Raba Capital has backed operate in Nigeria (9), South Africa (9), Egypt (5), 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 (14), Crypto & Web3 (2), Developer Tools & Cloud (1), and 2 more sectors.
Raba Capital most often shares rounds with 4DX Ventures (5 shared deals), CRE Venture Capital (4 shared deals), First Minute Capital (4 shared deals).
Raba Capital has backed a range of African fintech and technology companies including Thndr, Stitch, Swypex, axis, Yellow Card, Thepeer, Nile, Floatpays, Kwara, Busha, Yoco, OnePipe, and Send App. These investments reflect its focus on software and internet businesses that power financial services, payments, crypto infrastructure, agri marketplaces, and workforce financial wellness.