PE Round

Series B

Series A

Unknown Series Round

London

Tope Lawani

Babatunde Soyoye

Helios Investment Partners: A significant player in technology funding. Find detailed insights on Lucidity Insights.

Helios Investment Partners

Helios is an Africa-focused private investment firm led by a predominantly African team, managing funds totalling $3.0 billion.

Lagos

Interswitch

Fintech

Finance

Payments

Mobile Payments

IT Services

IT Consulting

Financial Services

Digital Payments

Interswitch is an Africa-focused integrated digital payments and commerce company.

Cairo

Post-IPO Debt

Fawry

E-Commerce

Banking

The leading Egyptian digital transformation & fintech platform that revolutionized the concept of Omni channel payment.

Paymob

Paymob is a digital Payment enabler for emerging markets, helping small and large enterprises accept Payment online and in-store.

Nomba

Retail

Electronics

Nomba is a modern financial services provider for personal and business needs across Africa and beyond.

SeamlessHR

SaaS

Payroll

Artificial Intelligence (AI)

SeamlessHR helps organisations make the best of their people all over the world.

MallforAfrica

Online Shopping

MallforAfrica is an Africa's largest global economy e-commerce infrastructure company focused on providing African's with the ability to purchase items directly from  international online retailers in the USA and  Europe and from local online retailers in Africa, in a seamless manner. With our patent pending  application, platform and payment system MallforAfrica  gives users  access to over 8.5 billion items; accessing a true global economy infrastructure. We do this by providing a patent pending platform that enables users to shop directly on foreign e-commerce sites, select items of their choosing, and then buy the items selected instantly with our platform.  Their purchased items are  then shipped to the buyers home or one of our local pickup locations within days.

IFC, a member of the World Bank Group, announced today an investment of $10.5 million in electronic payments company Interswitch Limited to help consumers at all income levels in Nigeria and other parts of Africa gain improved, low-cost access to financial services.

IFC’s investment is part of an acquisition of Interswitch by a syndicate that includes Helios Investment Partners and Adlevo Capital Partners. The investment will help Interswitch, a Nigerian electronic payments switching and processing company that allows shared and interoperable electronic payment services in Nigeria, grow its business in Africa.

IFC Invests in Interswitch to Expand Financial Services and Promote a Cashless Society

Interswitch, a Nigerian electronic payments company, received an investment from a syndicate including IFC, Helios Investment Partners, and Adlevo Capital Partners. This investment aims to expand Interswitch's business in Africa, improve access to electronic payments, and support the Nigerian government's vision of a cashless society. Interswitch facilitates card transactions and operates the Verve card scheme in Nigeria and Uganda.

A consortium of international investors has taken an 85 percent stake in Egyptian electronic bill presentment and payment platform Fawry for $100 million.

The consortium - comprising of the Egyptian-American Enterprise Fund (EAEF), Helios Investment Partners (Helios acting on behalf of funds it advises) and the MENA Long-Term Value Fund (MENA LTV) - announced the acquisition yesterday.

Helios now owns the lion’s share of the company by acquiring 40 percent, followed by MENA LTV with 25 percent, and EAEF with 20 percent.

The International Finance Corporation (IFC) acquired 18 percent of Fawry’s shares at the beginning of 2013, which was followed by another investment by EME International, who did not disclose the stake they took in the company.

IFC now owns only 5 percent of Fawry, and 10 percent is owned by Fawry’s management.

“The two organizations will remain stakeholders,” said Fawry CEO Ashraf Sabry. “Currently, they have no intention of an exit, and we also have no intention of going public before at least five years.”

The arrival of new investors would not affect the company’s management structure, he added.

Founded in 2008, Fawry is Egypt’s first and largest electronic payment network.

Fawry earned $26.8 million (210 million Egyptian pounds) in 2014 after serving more than 15 million Egyptian customers.

Today, more than 1.3 million payment transactions are performed daily on Fawry with 50,000 distributors over more than 300 cities and districts all over Egypt.

Fawry sells major stake for $100M

Nigerian HR tech startup SeamlessHR has secured $9 million in its latest funding round, bringing its total funding to $20 million. Led by the Gates Foundation and Helios Digital Ventures, the funds will facilitate the company's expansion across Africa, enhance workforce productivity, and develop AI-driven workforce management tools and embedded finance solutions. Established in 2018, SeamlessHR serves over 2,000 enterprises globally, managing HR and payroll for approximately 300,000 employees across 20 African countries. CEO Emmanuel Okeleji emphasized the startup's commitment to empowering African workers and providing innovative solutions to address challenges like inflation and economic instability by enabling access to essential resources through employment-based credit.

HR Tech SeamlessHR Secures $9M Funding to Transform Workforce Management

SeamlessHR, a Nigerian company that helps businesses manage HR functions, has raised a $9 million Series-A extension round, according to three people with knowledge of the conversation.

SeamlessHR raises $9 million Series-A extension from Gates Foundation and Helios Venture

Nigerian payment service provider Nomba has raised $30 million in a pre-Series B investment to support the delivery of bespoke payment solutions for African businesses. The round, which values the company at $150 million+ according to YCombinator data on its most valuable companies, was led by San Francisco-based Base 10 Partners.

African payment service provider Nomba raises $30M, backed by Base10 Partners and Shopify

Egypt-based fintech Paymob has raised $50 million in Series B funding, led by Kora Capital, PayPal Ventures, and Clay Point.

Paymob raises $50 million Series B round

Egypt-based fintech Paymob has raised a $22 million Series B extension round, bringing the company’s total Series B funding to $72 million.

Helios Investment Partners

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

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Helios Investment Partners

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 9 sectors we invest in

Portfolio Companies or Investments

Executive Team Members

About

Legal

Social Media

Portfolio Companies
or Investments