3 investments·3 products on Liners
Vy Capital is a global investment firm that focuses on internet, software, and technology driven companies. Public profiles and institutional directories describe Vy Capital as a venture capital and private equity investor headquartered in Dubai in the United Arab Emirates, with additional presence in other financial hubs. In Africa, Vy Capital has been active at the seed stage, participating in early funding rounds for high growth technology startups. According to available investment records, the firm has completed at least three seed investments in Nigerian companies, with a combined total of 6.2 million dollars invested between June and October 2017. These African investments have focused on communication and social infrastructure as well as financial technology. Vy Capital’s African portfolio includes Aella, a Nigerian fintech platform that enables users to save, borrow, pay bills, and manage money in a single app. The firm has also backed Tizeti and Wifi.com.ng, which provide affordable, unlimited high speed broadband and Wi Fi services across Nigeria, contributing to improved internet access and digital inclusion in the market.