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Attijariwafa Ventures

Morocco Founded 2022 Website
Cheque Size$200K to $3M
Stages3
Industries3
Markets5
Stated Portfolio1
Operating Since2022 (4y)

About Attijariwafa Ventures

Attijariwafa Ventures is the strategic venture capital investment fund of the Attijariwafa Bank Group. With an international focus, Attijariwafa Ventures strives to provide capital and accelerate the growth of startups by connecting them to its broad ecosystem of leaders, experts, and key decision-makers in Africa and around the world. Attijariwafa Ventures invests in 'Tech for Finance' startups that aim to bring innovation to the world of finance and insurance. The fund's operations are built on two main pillars: 1. Equity Financing: Through minority stakes ranging from $200,000 to $3 million, the fund enables startups to benefit from essential resources while preserving their autonomy. 2. Growth Acceleration: By integrating startups into the ecosystems of Attijariwafa Bank and Wafa Assurance, which operate in 27 countries and serve over 12 million clients, the fund offers them scalability opportunities without imposing exclusivity. Attijariwafa Ventures represents Attijariwafa Bank within the Morocco Fintech Center (MFC) association. The MFC aims to serve as a single point of access for Fintechs, supporting their development through mentoring, incubation, acceleration, and skills development programs. It also helps them better understand the regulatory environment and facilitates their access to financing.

Investment Mandate

Investment Stages3

Asset Classes1

Geographical Focus

African markets2

Other stated markets3

EuropeMiddle EastAfrica

Requirements

Startups in the 'Tech for Finance' sector aiming to innovate in finance and insurance.

Stated Portfolio1

Affinity Africa

As reported by the investor. We hold no profile for this company, so it is printed as stated rather than linked.

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Profile

TypeVenture Capital
CountryMorocco
Founded2022
Minimum Cheque$200K
Maximum Cheque$3M