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Since 2019, Source Code Capital has backed 1 African startup across 3 disclosed funding rounds totaling $570M, most heavily in Fintech.
Source Code Capital is a venture capital firm that focuses on technology driven companies. According to its official website, the firm was founded in 2014 and is headquartered in Beijing, China, with a team experienced in investments, product, engineering, consulting, and media. It positions itself as an entrepreneurial investment partner committed to creating real and enduring value. In Africa, Source Code Capital has been active in fintech, particularly in Nigeria. Based on confirmed transaction data, the firm participated in OPay’s Series A, Series B, and Series C funding rounds between July 2019 and August 2021, investing across Series A, Series B, and Series C stages. These investments reflect a focus on high growth financial technology platforms in Nigeria. Through its capital support of OPay alongside global co investors such as IDG Capital, Sequoia China, and SoftBank Vision Fund 2, Source Code Capital has contributed to the expansion of digital payments and financial services in Nigeria. Its participation in multiple consecutive rounds underscores a long term approach to backing portfolio companies in the African fintech ecosystem.
Data updated · Sep 8, 2026
Source Code Capital has backed 1 African startup across 3 disclosed funding rounds tracked on Liners, totaling $570M since 2019.
Mostly Series C: 1 of its 3 tracked rounds are at that stage, followed by Series B (1).
Its tracked rounds lean toward Fintech (3).
Source Code Capital most often shares rounds with IDG Capital (2 shared deals), Sequoia China (2 shared deals), SoftBank Vision Fund 2 (1 shared deal).
Source Code Capital is a venture capital firm that invests in technology driven companies and was founded in 2014. Its official website confirms that it is headquartered in Beijing, China.
Source Code Capital has supported OPay, a Nigerian mobile wallet platform that offers transfers, bill payments, and savings. The firm invested in OPay’s Series A, Series B, and Series C rounds, making OPay its confirmed African portfolio company to date.