New Investments

Kenyan fintech Melanin Kapital secures Pre-Seed funding from Adaverse Accelerator

Adaverse Accelerator, a prominent venture capital firm with a focus on fostering innovation across Africa, has Melanin Kapital with pre-seed funding.

Melanin Kapital is a Kenyan fintech startup on a mission to ensure that every African SME is eligible to climate finance to grow their business

Founded in 2020, the startup is a last-mile carbon financing platform for African SMEs that helps SMEs access green equipment faster and cheaper by using carbon credits and climate financing.

The funding secured from Adaverse Accelerator will play a pivotal role in further accelerating Melanin Kapital’s mission.

Melanin Kapital stands out as a platform that strategically bridges the opportunity divide in Africa between the dynamic realm of green finance and the urgent call for climate action.

By synergizing cutting-edge technologies such as AI and blockchain, along with climate Key Performance Indicators (KPIs), they deliver a tailor-made AI-driven climate scoring mechanism seamlessly embedded within a digital lending framework.

This empowers both lenders and enterprises to meticulously monitor climate-focused KPIs while gaining access to carbon credits designed for small and medium-sized enterprises (SMEs).

This alignment of business performance with ecological objectives not only paves the way for SMEs to secure Africa-centric sustainable finance and climate funding but also unlocks novel pathways for their participation.

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