Fundraising Fox

Next Billion Capital Partners

Private equity

Growth · 13 people tracked

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Investment thesis

Next Billion Capital Partners invests in transformative growth across global emerging markets, targeting sectors where mobile-first models are reshaping how services are delivered. The firm backs growth-stage companies in financial services, insurance, and healthcare that serve consumers and small to mid-sized businesses driving economic expansion. It partners with market leaders in regions where rising digital adoption is redefining everyday services such as banking, credit, insurance, and primary care. The team is led by former IFC investors with a decade of shared experience and a top-quartile track record, and is supported by leading institutional LPs. Its approach blends deep local networks, global expertise, and sector insight to accelerate growth and create long-term value.

Source: firm website, verified Sep 6, 2026.

Stage
Growth
Leads rounds
Leads
Instruments
Equity
Private fund assets
$25M
VC funds
1
Tracked investments
33

Team · 13 people

from the firm's website & public directories
Volodymyr Tsapko· Partnerin
Luiz Mazetto· Venture Partnerin

What they invest in

from 17 of 33 portfolio companies

Fintech ×10B2B Marketplaces ×4E-commerce ×4HR Tech ×4Consumer ×3Digital Health ×2Enterprise Software ×2Future of Work ×2

HQs:Brazil×4Egypt×2Indonesia×2Philippines×2Pakistan×2Singapore×2

Who they back

founder profiles across 12 portfolio companies
42%
solo founders
5 of 12 mapped founding teams
38%
repeat founders
of 21 founders with career history

Founding team size:solo founder×52 founders×43 founders×24+ founders×1

Where their founders studiedfrom 20 founders with education data

Harvard Business School Online ×2Stanford University Graduate School of Business ×2Universidad de 'San Andrés'​ ×2

Where their founders worked beforefrom 21 founders with career history

AIG ×2Danone ×2Doctoralia México ×2Entrepreneurs' Organization ×2Uber ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×3

4 hold an MBA (of 20 with degree data)

Investments · 33 tracked

founders shown can be your intro path
Abhiabhi.com.pkin𝕏

ABHI creates financial products designed for consumers in Pakistan.

FintechHR TechSaaSKarachi, PK

Omair Ansari(Founder)inAli Ladhubhai(Founder)in

Co-investorsBOD TECH CO.Capria VenturesD4 VenturesEndeavor CatalystFJ LabsSarmayacar+5 more

Advanceadvance.phin

Advance is a Filipino fintech company that provides flexible credit lines to employees and businesses seeking greater financial resilience and access.

FintechManila, PH

Addi Guevara(Founder)in

Co-investorsAccionFoxmont Capital PartnersIntegra PartnersKaya FoundersOyster Ventures

Alicealice.com.brin

Alice is a Brazilian corporate health plan (plano de saúde empresarial) for companies, combining a curated network of doctors and hospitals with an app-based care team and a data-driven, proactive care model.

Digital HealthHealthtechInsurTech

Guilherme [Gui] Azevedo(Founder)inIsabela Chusid

Co-investorsEndeavor CatalystKaszek VenturesMAYA Capital VenturesSoftbank Latin America Fund

Bazaartechbazaartech.comin𝕏

Bazaar Technologies operates an e-commerce and financial services platform in Pakistan that connects households and businesses to products ranging from groceries to office supplies and electronics.

B2B MarketplacesE-commerceFintech

Saad Jangda(Founder)inHamza Jawaid(Founder)in

Co-investorsAmaana CapitalBY Venture PartnersDefy PartnersEndeavor Catalyst

BHub

Transforming Brazil's $20B accounting market with AI.

Budget hotel platform in Southeast Asia

Largest budget hotel platform in Southeast Asia.

Chronic disease management in Mexico

Offering digital solutions for chronic disease management in Mexico.

Clivi AIclivi.com.mxin

Clivi provides an online medical treatment service in Mexico, combining virtual evaluations, laboratory tests, physician consultations, home medication delivery, and app-based progress tracking.

Digital HealthHealthtechWellness & Fitness

GISELA CORTESinJair Morales OlverainRicardo MoguelinEduardo Ortizin

Co-investors500 GlobalDalus CapitalRapid ScaleLatitud Ventures

Creditascreditas.comin𝕏

Creditas is a Brazilian financial platform offering secured loans (using vehicles or real estate as collateral), payroll loans, auto and home financing, insurance, and flexible employee benefits.

ConsumerFintechInsurTech

Sergio Furio(Founder)in

Co-investorsAmadeus Capital PartnersHeadlineHeadline Growth Management, LLCKaszek VenturesLightrockMouro Capital+10 more

Digital insurance distribution in Southeast Asia

Increasing financial resilience in Southeast Asia by distributing insurance digitally.

Digital lender in Brazil

Leading digital lender in Brazil, with a loan portfolio of over USD 1 billion.

Digital payments network in Brazil

Leading digital payments network in Brazil, focused on top-ups.

Faciofacio.com.brin

Facio provides early wage access services to employees in Brazil, allowing workers to receive portions of their earned salary before the standard payment schedule.

FintechSão Paulo, BR

Márcio Dos Santos(Founder)inSaulo Tristao(Founder)inTiciano Vieira(Founder)inMárcio Vinicius dos Santos(Founder)inTiciano V(Founder)Stefan Jeschonnek(Director)

Co-investorsFEBE VenturesMONASHEESTekton VenturesY CombinatorOnevc Venture Partners LlcSaison Capital

Fawryfawry.comin𝕏

Fawry provides digital banking and business payment services for enterprises and retail partners.

Enterprise SoftwareFintech

Co-investorsHelios Digital VenturesEBRD

Financial wellness benefits in Indonesia

Empowering employees in Indonesia via financial wellness benefits.

Flexible employee benefits in Mexico

Offering flexible employee benefits, such as salary-on-demand, in Mexico.

Gajigesagajigesa.comin𝕏

GajiGesa provides Earned Wage Access (EWA) that lets employees draw earned salary before payday, along with payroll financing to cover employee wages.

FintechHR Tech

Ade Yuanda Saragihin

Co-investorsQuest Ventures

Hepsiburadahepsiburada.com
Kredivokredivocorp.comin

Kredivo Group operates a digital financial services platform in Southeast Asia, primarily offering buy-now-pay-later (BNPL) and instant credit solutions through partnerships with banks, merchants, and telecom providers.

B2B MarketplacesConsumerE-commerceFintechJakarta, ID

Akshay Garg(Group CEO and Co-Founder)inUmang Rustagi(Co-Founder and President Director (Kredivo Indonesia))

Co-investorsJungle VenturesMizuho Financial GroupDefy PartnersEnsemble VCGMO VenturePartnersQuest Ventures+2 more

Last-mile logistics provider in Brazil

Leading last-mile logistics provider in Brazil.

Loggiloggi.comin

The page shown is a blog article about how to make money on Pinterest in 2026, not a description of the company's own product or services.

Co-investorsCapSur CapitalIporanga VenturesKaszek VenturesM12 (Microsoft's Venture Fund)MONASHEESNotable Capital+4 more

Minuminu.mxin𝕏

minu offers a workplace benefits platform for companies in Mexico, letting HR teams activate over 50 employee benefits such as on-demand salary (earned wage access), savings, food vouchers, loans, telemedicine, and financial education.

FintechFuture of WorkHR TechPalos Verdes Estates, US

Adam Guggenheim(Executive Officer, Director)inChristine Koppinger(Executive Officer, Director)in

Co-investors500 GlobalAccial CapitalCapria VenturesCats.vcClocktower VenturesInvariantes Fund+8 more

Moglixmoglix.comin𝕏

Moglix is an Asia-based B2B e-commerce marketplace for procurement of industrial supplies, including MRO, safety, electricals, lighting, cleaning, office supplies, and power tools.

Advanced ManufacturingB2B MarketplacesE-commerceLogistics & Supply ChainSingapore, SG

Rahul Garg(Founder & CEO)inSandeep Goel(MD & COO)inAmit Kumar(MD & CBO)inSanjeev Arora(Chief Financial Officer)in

Co-investorsAccelJungle VenturesIFCAlpha Wave GlobalPeak XV PartnersRocketship.vc+3 more

Procurement platform in India

Leading procurement platform for the manufacturing sector in India.

Qoalaqoala.com

Co-investorsPeak XV Partners

Recargapayrecargapay.com.brin𝕏

RecargaPay is a Brazilian mobile financial app offering fixed-income CDB investments (issued by RP Financeira, a Central Bank–regulated institution), with returns of 107% to 110% of the CDI, FGC protection, and a minimum investment of R$50.

ConsumerFintechMiami, BR

Alvaro Teijeiro(Executive Officer, Director)inRodrigo Teijeiro(Founder)inDiego Escobar(Executive Officer)inGustavo Victorica(Executive Officer, Director)

BoardSteven Schlenker(Director)Anil Pereira(Director)

Co-investorsDN CapitalFuel Venture CapitalSquareOne CapitalStaenberg Venture PartnersTheVentureCity8i Ventures

Reddoorzreddoorz.comin

Reddoorz operates a budget accommodation booking platform across Southeast Asia, listing partner properties that meet a set standard of amenities such as Wi-Fi, air-conditioned rooms and daily water.

PropTech

Amit Saberwal(Founder)inAsheesh SaxenainJensen TaninRishabh Singhiin

Co-investors500 GlobalJungle VenturesQiming Venture Partners

Salary-linked lending in Brazil

Providing access to credit for first-time borrowers in Brazil through salary-linked lending.

Souqsouq.comAcquired

Souq.com redirects to Amazon.ae, an online retail marketplace serving the United Arab Emirates that sells products across categories including electronics, baby, beauty, grocery, fashion, and home goods.

E-commerceMarketplacesRetail Tech

Co-investorsWamda Capital

Sproutsprout.phin𝕏

Sprout HR is an all-in-one human resources software platform for Philippine-based organizations that automates timekeeping, attendance tracking, payroll processing, and employee lifecycle management.

AI & Machine LearningFuture of WorkHR TechSaaSManila, PH

Patrick Gentry(CEO & Co-founder)Kislay Chandra(Chief Operations Officer)Renzo Belardo(Chief Marketing Officer)Gian Paulo dela Rama(Head of Sprout AI Labs (SAIL) and Chief Product Officer)

Co-investorsIntegra PartnersPoint72 VenturesAFG Partners

Trellatrella.appin

Trella operates a digital freight marketplace connecting shippers with vetted carriers for trucking and logistics across Egypt, Saudi Arabia, and the UAE.

B2B MarketplacesEnterprise SoftwareLogistics & Supply ChainMarketplacesCairo, EG

Omar Hagrass(Founder)inAli El Atrash(Founder)inPierre Saad(Founder)in

Co-investors4DX VenturesFlucas VenturesFoundation VenturesLoftyInc CapitalMaersk GrowthVentureSouq+4 more

Trucking technology in MENA

Using technology to make trucking more efficient and transparent in MENA.

Value-based health insurance in Brazil

Value-based health insurance and care for companies and employees in Brazil.

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Next Billion Capital Partners made?
Next Billion Capital Partners has 33 tracked investments, 1 of which have exited via acquisition or IPO.
What stage does Next Billion Capital Partners invest at?
Next Billion Capital Partners invests at the Growth stage.
What sectors does Next Billion Capital Partners focus on?
Next Billion Capital Partners focuses on AI & Machine Learning, Digital Health, E-commerce, Fintech, Healthtech, InsurTech, Logistics & Supply Chain, Sector Agnostic.
Does Next Billion Capital Partners lead rounds?
Yes, Next Billion Capital Partners leads investment rounds.
Who does Next Billion Capital Partners co-invest with?
Next Billion Capital Partners most often shares deals with 500 Global, Kaszek Ventures, Softbank Latin America Fund, among 77 tracked co-investors.

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Next Billion Capital Partners photoNext Billion Capital Partners photo

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