Rand Merchant Bank
Investment Thesis
Rand Merchant Bank: A leading player in African finance, RMB focuses on growth-oriented companies in the tech, fintech, and infrastructure sectors. Their portfolio boasts success stories like inQuba, KOKO Networks, and Paymenow Group. With a focus on both debt financing and venture rounds, RMB stands out as a key catalyst for African startups seeking expansion capital.
Portfolio Preview
A sample from 7 verified portfolio companies.
Bridgement
About Us | Our Company | Bridgement
SolarAfrica Energy
SolarAfrica Energy is a South African Energy startup that provides simple sustainable solutions.
Wave Mobile Money
Wave Mobile Money is a Senegalese startup which provides an app-based financial solution to save, transfer, and borrow money.
Cassava Technologies
Enabling social mobility and economic prosperity through technology in Africa.
KOKO Networks
KOKO replaces demand for charcoal through supplying bioethanol cooking fuel distributed through a dense network of high-tech KOKO Fuel ATMs.
Paymenow Group
Paymenow is a financial wellness and inclusion platform that allows employees on demand access to earned wages.
Rand Merchant Bank: quick facts
- Which startups has Rand Merchant Bank invested in?
- Rand Merchant Bank has backed at least 7 African startups, including Bridgement, SolarAfrica Energy, Wave Mobile Money, Cassava Technologies, KOKO Networks and 2 others.
- Which sectors does Rand Merchant Bank invest in?
- Its portfolio spans Financial Services, FinTech, Energy, Solar, Mobile Apps and Renewable Energy.
