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Since 2020, Target Global has backed 2 African startups across 5 disclosed funding rounds totaling $105M, most heavily in Nigeria and Fintech.
Target Global is an international venture capital platform that invests in transformational technology companies. The firm supports bold entrepreneurs aiming to make a positive global impact. It operates with entities in locations including Berlin, Germany; London, UK; and the Cayman Islands. Target Global has actively invested $105 million across five funding rounds in Nigeria from November 2020 to September 2025. Investments span Seed, Series A, and Series B stages, with a full focus on the fintech sector. Key companies backed include Kuda, a fee-free mobile banking service, and Mono, which enables bank account linking for data, payments, and ID checks. The firm has co-invested alongside Valar Ventures, SBI Investment, and others in these rounds.
Data updated · Jul 29, 2026
Target Global has backed 2 African startups across 5 disclosed funding rounds tracked on Liners, totaling $105M since 2020.
Mostly Series B: 2 of its 5 tracked rounds are at that stage, followed by Series A (2).
Target Global's tracked rounds are concentrated in Nigeria (5).
Its tracked rounds lean toward Fintech (5).
Target Global most often shares rounds with Valar Ventures (3 shared deals), SBI Investment (3 shared deals), Entrée Capital (2 shared deals).
Target Global has backed Kuda, a fee-free mobile banking service with transfers, savings, and cards, and Mono, which links bank accounts for data, payments, and ID checks. Both are Nigerian fintech companies.
