Velocity Digital
Venture capitalLagos · Pre-Seed–Seed · 5 people tracked
Investment thesis
Velocity Digital invests early in African startups building the future of trade, work, and payments. The firm views trade as a core engine of economic growth and funds platforms that connect producers to markets while removing barriers to economic mobility. It backs founders at the earliest stages, offering capital, mentorship, and a network designed to help companies scale across Africa and internationally. The fund emphasizes a fast, streamlined process, promising founders a clear decision within seven days rather than weeks.
Source: firm website, verified Aug 3, 2026.
Team · 5 people
from the firm's websiteWhat they invest in
from 40 of 78 portfolio companiesFintech ×18SaaS ×13AI & Machine Learning ×5Data & Infrastructure ×5Enterprise Software ×5Marketplaces ×5B2B Marketplaces ×4Creator Economy ×4
HQs:Nigeria×15United States×5Kenya×2Rwanda×1Seychelles×1
Investments · 78 tracked
founders shown can be your intro pathTechnology platform enhancing operational efficiency, precision and performance across industries.
Bridgecard provides APIs and infrastructure that enable fintech companies to issue Mastercard and Visa cards, both virtual and physical, with support for deployments across Africa and globally.
FintechLagos, NG
Tunde Adewole(Founder)inFestus Owumi(Founder)in
Catlog provides a platform that enables small businesses in Africa to manage social commerce operations, including online catalogs, customer communications, payments, deliveries, and business tracking through WhatsApp and other social channels.
E-commerceFintechMarketing TechMarketplacesSaaSLagos, NG
CDcare is a Nigerian installment payment platform enabling consumers to purchase goods across multiple categories—including gadgets, home appliances, and vehicles—by paying in interest-free installments at regular market prices.
B2B MarketplacesConsumerE-commerceFintechLagos, NG
Odukoya Oluwatobi(Founder and Chief Executive Officer)Farohun Ayodeji(Co-founder and Chief Operation Officer)
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)
Fenris Media develops technology solutions for African businesses, including digital payments and content distribution infrastructure.
Creator EconomyFintechMedia & Entertainment
Fingo is a digital bank offering mobile banking services to young Africans, enabling account opening in under 5 minutes with free peer-to-peer transactions, savings, and financial education.
FintechNairobi, KE
Kiiru Muhoya(Founder)inIan Njuguna(Founder)inGitari Tirima(Founder)inJames da Costa(Co-founder)Judith BogonkoPol Mas
Fusepay builds software and payments tools for trade businesses, including Fuse360, a wholesale operating system for managing orders, inventory, invoices, and collections, and FusePay, a payments platform for sending, receiving, and tracking business payments via bank transfers and post-dated eCheques.
AI & Machine LearningFintechSaaSVictoria, SC
Vidhyasahar(Co-founder)Francesco(Co-founder)
Daabo is an AI-powered insurance infrastructure platform offering device verification, vehicle fingerprinting, policy lifecycle automation, agent management, document data extraction, and claims processing in a single system.
AI & Machine LearningInsurTechSaaS
GlycanAge offers an at-home biological age test that analyzes IgG glycan patterns to measure chronic inflammation ("inflammaging") and its effect on aging.
BiotechDigital HealthLongevity
Gradient Finance builds programmable financial infrastructure for marketplaces, offering embedded finance and cross-border payment tools that handle multiple currencies including cash, stablecoins, crypto, and NFTs.
Crypto & Web3FintechMarketplaces
Technology-driven solutions to streamline operations and enhance productivity for businesses and individuals.
Kidato operates online classes for K-12 students in Africa with lower student-teacher ratios than traditional public schools, charging significantly less than private institutions while delivering internationally-benchmarked curricula.
EdTechNairobi, KE
Sam Gichuru(Founder)in
LogisticsHub provides a delivery management platform for businesses to schedule deliveries, access a network of riders, and track shipments in real time.
Logistics & Supply ChainMobility & TransportationSaaS
The page promotes "SX88", an online gambling and betting platform offering casino, sports betting, lottery, cockfighting, fish shooting, card games, and slots.
Gaming
Mustard Insights builds a repository of African market data, offering infographics, datasets, industry reports, and surveys across sectors in Nigeria, Ghana, Kenya, and South Africa.
Data & InfrastructureMedia & Entertainment
Nguvu Health is a mental health platform that connects individuals and businesses with therapy and mental wellness support.
Digital HealthMental HealthWellness & Fitness
Octamile provides digital insurance management infrastructure and embedded insurance APIs that let insurers, fintechs, logistics firms, and other B2C platforms distribute insurance, automate claims (including First Notification of Loss, remote inspections, and fraud detection), and onboard agents and clients with KYC.
FintechInsurTechSaaS
Data & InfrastructureFintechLekki, NG
Prembly provides an API that enables digital businesses to verify the identities of individuals and companies across emerging market regions.
Data & InfrastructureEnterprise SoftwareLagos, NG
Lanre Ogungbe(Founder)inNiyi Adegboye(Founder)in
RD8 Labs develops personalized, high-performance skincare and cosmetic products formulated for people with skin of colour and designed to withstand hot, humid African climates.
ConsumerDirect to ConsumerWellness & Fitness
Rechaj retrofits petrol tricycles (kekes) into electric vehicles and provides a daily battery-swap service, letting drivers replace fuel with a flat daily fee while using the batteries to power their homes at night.
CleantechEnergyMobility & TransportationLagos, NG
AI-driven startup delivering machine learning, NLP and predictive analytics solutions for businesses.
Sproutly Africa provides financial services for schools and families, including tuition installment payments with credit options, school funding tools, and laptop financing for teachers.
EdTechFintech
Fintech and blockchain company digitizing and automating financial processes for institutions and enterprises.
Portfolio news
latest coverage across their companiesChowdeck · thesun.ng · Jul 17, 2026
Trove · finance.yahoo.com · Oct 14, 2025
Rayda · techpoint.africa · Sep 17, 2025
Waza · fintechmagazine.africa · May 13, 2025
Miden · finsmes.com · May 10, 2025
Frequently asked questions
- What stage does Velocity Digital invest at?
- Velocity Digital invests at the Pre-Seed, Seed stages.
- What sectors does Velocity Digital focus on?
- Velocity Digital focuses on B2B Marketplaces, Fintech, Future of Work, Marketplaces, Sector Agnostic.
- Where is Velocity Digital located?
- Velocity Digital is headquartered in Lagos, NG.
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