HoaQ
Angel networkPre-Seed–Growth · 7 people tracked
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.
Source: firm website, verified Aug 3, 2026.
Team · 7 people
from the firm's website & curated & public directories
What they invest in
from 30 of 47 portfolio companiesFintech ×17SaaS ×7Consumer ×6Data & Infrastructure ×5Enterprise Software ×4B2B Marketplaces ×3Developer Tools ×3Marketplaces ×3
HQs:Nigeria×10United Kingdom×4United States×3Cameroon×1France×1Kenya×1
Who they back
founder profiles across 14 portfolio companiesFounding team size:solo founder×52 founders×73 founders×14+ founders×1
Where their founders studiedfrom 13 founders with education data
Obafemi Awolowo University ×3
Where their founders worked beforefrom 16 founders with career history
OPay ×3Paystack ×3
Accelerator rootsportfolio companies that came through a program
Investments · 47 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 12 dated
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
Co-investorsLattice CapitalMaven 11Kraynos CapitalTiger Global Management
Healthtech company based in Nigeria
Apata provides 3D Secure payment authentication and fraud detection solutions for online payment processing.
CybersecurityFintech
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)Wilfrid Obeng(Founder)
Co-investorsCornerstone VCDigerati InvestmentsFlucas VenturesKube VCMakers FundSamsung Next
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+7 more
Baselime is an observability platform that uses logs, metrics, and distributed tracing to help developers detect, diagnose, and resolve issues before they impact users.
AI & Machine LearningData & InfrastructureDeveloper Tools
Co-investorsMolten Ventures
Fintech company based in the United Kingdom
Co-investorsOctopus VenturesPact
Brass offers a business financial platform with tools for payments, invoicing, cash flow tracking, and team banking, accessible via iOS, Android, and Slack.
FintechSaaS
Co-investorsP1 VenturesVentures PlatformAcuity Ventures
Platform that digitizes long-distance transport operators and connects them to travellers for online ticket booking.
Co-investorsNairobi Business Angel Network
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
KundaKids produces preschool children's shows, including "Kunda and Friends" and "Thandi's Playtime," that blend Afrobeats music with nursery rhymes to celebrate representation and learning through play.
ConsumerEdTechMedia & Entertainment
Co-investorsODBA
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
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)
Co-investorsAjim CapitalBeta.VenturesSouth QuadAll OnEchoVCMetis Capital+1 more
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
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
Edtech company based in the United Kingdom
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
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
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
Co-investorsAdaverseAjim CapitalFounders Factory AfricaFresco CapitalNairobi Business Angel Network
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+5 more
Digital platform to launch and expand a business into every African country.
Co-investorsConsonance Investment ManagersMicrotractionVentures Platform
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
Tally is an online form builder that works like a text document, letting users create forms by typing and inserting blocks without code.
Future of WorkMarketing TechSaaS
Marie Martens(Founder)in
Co-investors1991 VenturesAnchorless BangladeshAscensionBloom / Giesen Family OfficeDay One CapitalFlori Ventures+8 more
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
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
Co-investorsDigital AfricaLoftyInc CapitalOui Capital
Raenest provides financial infrastructure and payment solutions to enable individuals and businesses in emerging economies to participate in global finance.
FintechHR TechLagos, NG
Victor AladeRichard Oyome(Founder)inSodruldeen MustaphaSodruldeen M.(Founder)in
Co-investorsAjim CapitalNorrsken22QED InvestorsTechstarsTen13Ventures Platform+2 more
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
Norebase provides business incorporation, trademark registration, and regulatory compliance services for companies expanding across Africa, the USA, UK, BVI, and parts of Europe.
FintechLegalTechSaaSBodmin, GB
Temitope Obanla(Founder)Tope O(Founder)
Co-investorsConsonance Investment ManagersLoftyInc CapitalMicrotractionVentures Platform
E-commerce company based in the United States
Fintech company based in Nigeria
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)
Co-investorsAjim CapitalFuture AfricaMaC Venture CapitalMetaPropMetaProp VenturesNOEMIS Ventures
Stears provides financial databases and market intelligence for institutional investors focused on African investments.
Data & InfrastructureFintech
Abdul Saka-Abdulrahimin
Co-investorsCascadorMaC Venture CapitalSerena Ventures
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
SaaS company based in Tanzania
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 CombinatorAfropreneur Angel GroupFinTech Collective+7 more
The Renatural sells premium wigs designed to look and feel like natural hair, available in three textures and multiple tones.
ConsumerDirect to ConsumerE-commerce
Co-investorsHumba VenturesIngeborg InvestmentsRareBreed VenturesWatchfire VenturesRedbud VC
Co-investorsMicrotraction
Voyance, based in Douala, develops a no-code data infrastructure platform for data teams.
AI & Machine LearningDouala, CM
Co-investorsBeta.VenturesFuture AfricaMAGIC FundTechstarsZedcrest Capital
Logistics company based in the United States
Portfolio news
latest coverage across their companiesChowdeck · thesun.ng · Jul 17, 2026
LemFi · finsmes.com · Jul 7, 2026
Raenest · technext24.com · Jun 30, 2026
Brass · rochesterfirst.com · Jun 14, 2026
Tembo · anbpost.substack.com · Sep 17, 2025
Rayda · techpoint.africa · Sep 17, 2025
Mono · ycombinator.com · Jun 24, 2025
Termii · ycombinator.com · Jun 18, 2025
Frequently asked questions
- How many investments has HoaQ made?
- HoaQ has 48 tracked investments, 1 of which have exited via acquisition or IPO, 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 Ajim Capital, Techstars, Microtraction, among 152 tracked co-investors.
Media · Podcasts & interviews
featuring the teamTHE 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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