New Investments
South African Fintech Startup LittleFish Secures Seed Funding Led by TLcom Capital to Empower SMEs
This marks TLcom’s first venture into South Africa, as the firm previously focused on East and West African markets.
The new funding will allow LittleFish to enhance its platform, which aims to help banks better serve small and medium-sized enterprises (SMEs) in South Africa by leveraging fintech solutions.
The investment represents a strategic move by TLcom to tap into South Africa’s expanding fintech sector, which has been drawing increasing attention from global investors.
It aligns with TLcom’s broader strategy to diversify its investments across key African markets.
In April 2024, the firm completed the final close of its TIDE Africa Fund II, a $154 million fund aimed at seed and Series A startups across the continent.
TLcom, which manages over $300 million in assets, has previously invested in notable startups such as Andela, Twiga Foods, and Kobo360.
Founded in 2021 by Brandon Roberts and Miod Davith Kahwa, LittleFish is on a mission to bridge the financial services gap for Africa’s 80 million SMEs.
The company offers a digital platform that enables banks, insurers, and fintechs to streamline financial operations, provide digital payment processing, and offer access to credit.
Through these partnerships, LittleFish helps traditional financial institutions better serve their SME clients with more efficient and customer-focused services.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
You may also like...
Open Access Energy Secures $750K Investment to Power South Africa’s Clean Energy Transition
Open Access Energy (OAE), a South African energy management software startup, has secured a substantial boost to its operations.
Kenyan Agritech Shamba Pride Secures $3.7 Million pre-Series A to Empower Farmers and Retailers
Kenyan agritech startup Shamba Pride has secured a $3.7 million pre-Series A funding round.
FSDAi Nyala Facility Invests $1 Million in First Circle Capital Africa Fund I
FSDAi Nyala Facility BV, a venture established by FSD Africa Investments, has announced a US$1 million investment in First Circle Capital Africa Fund I.