🦊/Investors

HoaQ

Angel network

Pre-Seed–Growth · 7 people tracked

Find your way into HoaQ

832 people in our graph share verified history with the HoaQ team — schools, employers, funds. One of them is your warm intro.

Nancy Wangunlockedknows Yewande Odumosu · together at Google (overlapped)
×6knows the team · via Google
knows the team · via University of Warwick
knows the team · via Susquehanna International Group
×2knows the team · via Trinity College Dublin
knows the team · via ExxonMobil (Mobil Producing Nigeria Unlimited)
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Investment thesis

HoaQ focuses on identifying and partnering with founders building technology-driven solutions for challenges and opportunities in Africa and its Diaspora. Its mission is to support entrepreneurs leveraging technology to build economic infrastructure for Africa and Africans. The firm operates as a community of experienced operators, advisors, and investors who work closely with portfolio companies, offering strategic guidance, industry connections, and ongoing support to drive growth. It also positions itself as a gateway for investors seeking exposure to the African tech landscape, enabling them to connect with founders and make strategic investment choices.

Invests inCrypto & Web3Sector AgnosticAfricaGlobalPhiladelphia

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Growth
Check
$25K – $350K
Instruments
Equity
Founded
2020
AUM
$5M
Tracked investments
46
Acquisitions
1

Team · 7 people

from the firm's website & curated & public directories
Pelumi Fadairo· Communications Specialist

What they invest in

from 32 of 46 portfolio companies

Fintech ×17SaaS ×7Consumer ×6Data & Infrastructure ×5Enterprise Software ×5Developer Tools ×4Marketplaces ×4B2B Marketplaces ×3

HQs:Nigeria×11United Kingdom×5United States×3Cameroon×1European Union×1France×1

Who they back

founder profiles across 19 portfolio companies
47%
solo founders
9 of 19 mapped founding teams
42%
repeat founders
of 24 founders with career history

Founding team size:solo founder×92 founders×83 founders×14+ founders×1

Where their founders studiedfrom 22 founders with education data

Obafemi Awolowo University ×3

What their founders studiedfrom 23 founders with field-of-study data

Computer Science ×8Engineering ×7Economics ×4Business & Management ×3Finance & Accounting ×2

Where their founders worked beforefrom 24 founders with career history

Paystack ×5OPay ×3Goldman Sachs ×2

Accelerator rootsportfolio companies that came through a program

Techstars ×7Y Combinator ×6

Investments · 46 tracked

founders shown can be your intro path

By year:2025 · 12024 · 12022 · 13 dated

Accrueuseaccrue.comin𝕏

Accrue is a cross-border money app for sending and receiving money across Africa and the US, opening US bank accounts, making online payments via a virtual dollar card, saving, and investing.

ConsumerFintech

Clinton Mbah(Founder & CEO)

Co-investorsLattice CapitalMaven 11Good FriendsGround Up VenturesKraynos CapitalMaple VC+4 more

Apataapata.io

Apata provides 3D Secure payment authentication and fraud detection solutions for online payment processing.

CybersecurityFintech

Niall H.(Founder)in

Audiomobaudiomob.comin𝕏

Audiomob provides non-intrusive audio advertising technology that lets advertisers and musicians reach audiences through audio ads placed in mobile games and apps.

AdTechGamingMedia & EntertainmentLondon, GB

Christian Facey(Founder)inWilfrid Obeng(Founder)in

Co-investorsCornerstone VCDigerati InvestmentsFlucas VenturesKube VCMakers FundSamsung Next

Bambooinvestbamboo.comin𝕏

Bamboo is an investment platform that enables users in Africa to invest in U.S. stocks, ETFs, real estate investment trusts, and other asset classes with minimum investments starting at $10.

FintechLagos, NG

Richmond Bassey(Founder)inYanmo Omorogbe(Founder)in

Co-investors2080 VenturesAjim CapitalExpansion Venture CapitalGreycroftIngressive CapitalMotley Fool Ventures+9 more

Baselimebaselime.ioin𝕏

Baselime provides OpenTelemetry instrumentation tools that enable applications to collect and analyze traces, logs, and metrics across distributed systems.

AI & Machine LearningCloud ComputingData & InfrastructureDeveloper Tools

Co-investorsMolten VenturesAntler

Bloom Moneybloommoney.coin

Fintech company based in the United Kingdom

Co-investorsOctopus VenturesPactJanuary VenturesPact VC

Brasstrybrass.comin𝕏

Brass provides a full-stack business banking platform combining financial tools, credit facilities, and advisory support for local businesses in Africa.

Enterprise SoftwareFintechImpact & Social GoodSaaS

Co-investorsP1 VenturesVentures PlatformAcuity Ventures

Chowdeckchowdeck.comin𝕏Jul 2025

Chowdeck is a food delivery platform in Africa that connects customers with restaurants and delivery riders.

B2B MarketplacesConsumerFoodTechLogistics & Supply ChainMarketplacesLA, NG

Femi Aluko(Founder)inOlumide Ojo(Founder)inLanre Yusuf(Founder)in

BoardBrian Waswani Odhiambo(Director)in

Co-investorsBrighter CapitalGFR FundNovastar VenturesPalm Drive CapitalRocketship.vcVelocity Digital+1 more

Edtech Kunda Kids United Kingdomkundakids.com𝕏

Kunda Kids publishes children's educational books celebrating African history and culture, including alphabet books with authentic African voices and illustrations.

ConsumerCreator EconomyEdTechImpact & Social GoodMedia & EntertainmentSocialLondon, GB

Louisa Kiwana Olafuyi(Co-founder)Dele Olafuyi(Co-founder)Oladele Olafuyi

Co-investorsIFCODBA

Eversendeversend.coin𝕏

Eversend provides infrastructure for cross-border payouts that allows companies to fund disbursements using stablecoins (USDC or USDT) instead of traditional SWIFT transfers, settling in minutes while maintaining compatibility with existing payout workflows across 16 local currencies.

Crypto & Web3Data & InfrastructureFintechInsurTechParis, FR

Stone Atwine(Founder)in

Co-investorsTechstars

Fintech Payhippo Nigeriapayhippo.ngin𝕏

Rivy is a climate finance company providing inventory, asset, and micro-grid financing to expand access to clean energy in Nigeria.

CleantechClimate TechFintechAba, NG

Chioma Okotcha-Faloughi(Chief Operating Officer)Dami Olawoye(Chief Executive Officer)in

Co-investorsAjim CapitalBeta.VenturesSouth QuadAll OnEchoVCMetis Capital+1 more

GoLemongolemon.coin𝕏

GoLemon is an online grocery and household essentials marketplace that sources and delivers products at discounted prices with recurring subscription options.

B2B MarketplacesE-commerceMarketplaces

Abiola Showemimo SPHRi(Founder)inYinka Adewuyi(Founder)in

Healthtrackahealthtracka.comin𝕏

HealthTracka offers at-home and walk-in lab testing in Lagos, with a catalog of 500+ tests and packages, sample collection by phlebotomists, results delivered digitally within 48 hours, and free doctor consultations.

ConsumerDigital HealthHealthtechWellness & FitnessLagos, US

Co-investorsFirstCheck AfricaIngressive CapitalStone Mountain VenturesTechstars

Klastryklas.comin𝕏Feb 2024 · $1M

Klas is an online teaching platform launched in 2022 that enables users to teach and deliver educational content over the internet.

Creator EconomyEdTechSaaSLagos, NG

Co-investorsIngressive CapitalTechstarsVelocity Digital

Kwarakwara.comin𝕏

Kwara provides modern banking software for credit unions (SACCOs), enabling staff to manage operations and members to save, borrow, and earn returns.

Cloud ComputingFintechImpact & Social GoodSaaSNairobi, KE

Cynthia(Founder & Chairperson of the Board)inEmilie(COO & CPO)in

Co-investorsE4E AfricaFINCA VenturesSoftBank Investment Advisers’ Emerge ProgramThe Raba Partnership

Kyshikyshi.coin𝕏

Kyshi is a Merchant of Record platform that enables global businesses to accept payments and expand into African markets using local currencies and payment methods across countries like South Africa, Nigeria, Ghana, Kenya, and Côte d'Ivoire.

B2B MarketplacesFintechLogistics & Supply ChainLondon, GB

Co-investorsLoftyInc CapitalTechstars

LemFilemfi.comin𝕏

LemFi provides financial services for immigrants relocating globally, enabling them to move money and access financial products across borders.

FintechLondon, GB

Ridwan Olalere(Founder)inRian Cochran(Founder)in

Co-investorsAjim CapitalEndeavor CatalystFlucas VenturesHighland EuropeLeft Lane CapitalMicrotraction+5 more

Logistics Buupass Kenyabuupass.com

BuuPass is an online booking platform that lets travelers search, book, and pay for bus tickets from multiple bus operators in one place.

MarketplacesMobility & TransportationTravel & Hospitality

Co-investorsAdaverseAjim CapitalFounders Factory AfricaFresco CapitalNairobi Business Angel Network

Monomono.coin𝕏Acquired

Mono provides financial data access, identity verification, and direct bank payments for businesses in Africa through an open banking platform.

Data & InfrastructureEnterprise SoftwareFintechLagos, NG

Abdulhamid Hassan(Founder)inPrakhar Singh(Founder)in

Co-investorsY CombinatorCapria VenturesEntrée CapitalIngressive CapitalLateral CapitalLoftyInc Capital+6 more

Oskyin𝕏No public record

Bitly provides a unified platform for URL shortening, QR code generation, and landing page creation with advanced analytics and tracking capabilities.

FintechMarketing TechSaaSBrooklyn, US

Co-investorsASEBAt One VenturesAUGE-UCRBerkley Center for EntrepreneurshipBethnal Green VenturesBioHealth Innovation, Inc.+21 more

our formtally.soin𝕏

Tally is an online form and survey builder that lets users create unlimited forms with logic, calculations, integrations, and customization, offering a free tier plus paid Pro and Business plans.

Developer ToolsFuture of WorkMarketing TechSaaS

Marie Martens(Founder)in

Co-investors1991 VenturesAnchorless BangladeshAscensionBloom / Giesen Family OfficeDay One CapitalFlori Ventures+8 more

Payhippopayhippo.africain

Payhippo offers fast lending to small businesses across Africa, with particular focus on Nigeria.

FintechLagos, NG

Zach Bijesse(Founder)inChioma Okotcha(Founder)in

Co-investorsCentury Oak VenturesY CombinatorAll OnEchoVC

PaySikapaysika.coin𝕏

PaySika offers virtual and physical international bank cards along with a mobile and web app for managing money, letting users receive payments from platforms like PayPal, YouTube, and online trading/betting sites and pay on international online services.

ConsumerFintech

Roger Nengwe Ntafam(Founder)in

Co-investorsDigital AfricaLoftyInc CapitalOui Capital

Raenestraenest.comin𝕏

Raenest provides financial infrastructure and payment solutions to enable individuals and businesses in emerging economies to participate in global finance.

FintechHR TechLagos, NG

Victor AladeinRichard Oyome(Founder)inSodruldeen MustaphaSodruldeen M.(Founder)in

Co-investorsAjim CapitalNorrsken22QED InvestorsTechstarsTen13Ventures Platform+2 more

Raydarayda.coin𝕏

Rayda provides end-to-end device procurement, deployment, management, and lifecycle services for IT teams managing distributed workforces globally.

Developer ToolsEnterprise SoftwareFuture of WorkHR TechLewes, US

Co-investorsBeta.VenturesMicrotractionTechstarsVelocity Digital

Regtech Norebase Nigerianorebase.comin𝕏

Norebase operates a digital platform that helps founders, creators, and businesses handle the legal and compliance complexities of doing business across African markets.

FintechLegalTechSaaSBodmin, GB

Temitope Obanla(Founder)inTope O(Founder)

Co-investorsConsonance Investment ManagersLoftyInc CapitalMicrotractionVentures Platform

Spleetspleet.africain𝕏

Spleet is a residential marketplace that offers short-term rental accommodation and housing solutions in Africa.

MarketplacesPropTech

Daniella Ajala(CEO/ Co-founder)Michael Owolabi(CTO)in

Co-investorsAjim CapitalFuture AfricaMaC Venture CapitalMetaPropMetaProp VenturesNOEMIS Ventures+1 more

Stearsstears.coin𝕏

Stears provides financial databases and market intelligence for institutional investors focused on African investments.

Data & InfrastructureFintech

Preston Ideh(Chief Executive Officer)inAbdul Saka-Abdulrahimin

Co-investorsCascadorMaC Venture CapitalSerena Ventures

Tembotemboplus.com

Tembo provides payment infrastructure APIs and banking services for fintechs, platforms, merchants, and enterprises to collect, store, and move money across African markets.

Enterprise SoftwareFintechSaaS

Co-investorsAjim CapitalIncisive VenturesMicrotractionGoodwater Capital

Termiitermii.comin𝕏

Termii provides infrastructure that uses AI to ensure critical transactions—including authentication, payments, checkouts, and fraud notifications—complete successfully, serving banks, fintech companies, e-commerce platforms, and other digital services globally.

Data & InfrastructureDeveloper ToolsEnterprise SoftwareLagos, NG

Emmanuel Gbolade(Founder)inAyomide Awe(Founder)in

Co-investorsGobi PartnersMicrotractionTofino CapitalY CombinatorAcuity VenturesAfropreneur Angel Group+8 more

The Renaturaltherenatural.comin

The Renatural manufactures custom wigs using ultra-thin, breathable base materials designed to mimic natural scalp.

ConsumerDirect to ConsumerE-commerceFemTechHealthtechWellness & Fitness

Co-investorsHumba VenturesIngeborg InvestmentsRareBreed VenturesWatchfire VenturesRedbud VC

Voyancevoyancehq.comin𝕏

Voyance, based in Douala, develops a no-code data infrastructure platform for data teams.

AI & Machine LearningDouala, CM

Co-investorsBeta.VenturesFuture AfricaMAGIC FundTechstarsZedcrest Capital

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Akoma HealthBuuPassFeatherFintech Kyshi United KingdomHoaQ StoreKunda KidsLogistics Zimi United States of AmericaMainstackNorebaseRenaturalRiseSAAS Feather NigeriaTix (Festival Coins)Zimi

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has HoaQ made?
HoaQ has 46 tracked investments, 1 of which have exited, including 1 dated in the last 24 months.
What stage does HoaQ invest at?
HoaQ invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth stages.
What is HoaQ's typical check size?
HoaQ typically writes checks of $25K – $350K.
What sectors does HoaQ focus on?
HoaQ focuses on Crypto & Web3, Sector Agnostic.
Who does HoaQ co-invest with?
HoaQ most often shares deals with Techstars, Ajim Capital, Microtraction, among 114 tracked co-investors.

Media · Podcasts & interviews

featuring the team

THE ACCIDENTAL INVESTOR: Turning 400 Euros into 3.5 Million - Joe Kinvi | HoaQ

My Tech Story Africa · Joe Kinvi

Joe Kinvi, Founder of PLTM, Cofounder HOAQ, Top African Angel Investing Syndicate #FoundersConnect

Peace Itimi · Joe Kinvi

HoaQ AMA Edition on Market Sizing with Stephen Deng & Nubi Kay

HoaQ Club · Nubi Kay

Diaspora Capital: The Role of Angel Investors in Scaling Startups | August AMA #diasporacapital

HoaQ Club

What People Get Wrong About Building African Tech Infrastructure | HoaQ AMA

HoaQ Club

How AI Businesses Can Work in Africa | April AMA Session

HoaQ Club

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