Investor insights
Sectors invested in
Payments2
Finance2
Financial Services2
Mobile2
Internet2
Telecommunications2
Banking1
Cryptocurrency1
Blockchain1
Financial Exchanges1
Wireless1
Enterprise Software1
Mobile Money1
FCA Regulated1
Cross Border Payments1
FX1
Last Mile Payments1
Mobile Wallets1
Instant Settlement1
EU Regulated1
Funding rounds participated in
$165M sweet spot round size
Most of their 4 investments are in rounds between $15M and $315M
Investor type
Government Office
Basic info
Industry
financial services
Sectors
Finance
Development Financing Institution (DFI)
Date founded
1983
Investments made
A
AZA Finance raised $15M on October 22, 2019
Investors: Development Bank Of South Africa
B
BitPesa raised $15M on October 22, 2019
Investors: Development Bank Of South Africa
O
O3B NETWORKS raised $460M on December 10, 2015
Investors: SES Satellites, Sofina, Allen & Company LLC., Satya Capital and Development Bank Of South Africa
S
Smile Communications raised $315M on September 8, 2015
Investors: Public Investment Corporation, Diamond Bank Plc, Industrial Development Corporation, African Export-Import Bank (Afreximbank) and Development Bank Of South Africa