Crossfin Ventures

Crossfin Ventures is a venture capital firm that specializes in providing pre-seed funding to promising, scalable FinTech startups, supporting innovation in the financial technology sector. By leveraging its unique position within the Crossfin Technology Holdings portfolio, the firm aims to de-risk investee business models and accelerate their growth paths. Crossfin Ventures collaborates with strategic partners, such as Investec Bank Ltd, to enhance its investment capabilities and industry knowledge. The firm's investment strategy focuses on backing and supporting investee businesses to achieve key milestones, including revenue targets, metric growth, and profitability. Once these objectives are met, Crossfin Ventures seeks to partner with or exit to strategic co-investors or other Crossfin portfolio companies. This approach aims to develop assets into stronger, more viable entities, thereby increasing their value over time. Notable assets within the Crossfin portfolio include Adumo, AKELO, and Sybrin, which collectively provide access to over 27,000 retail merchants across more than 47,000 active POS lanes/devices in 13 African countries. Crossfin Ventures' portfolio includes companies such as truID, a Johannesburg-based open banking platform founded in 2015, which offers secure access to consumer banking data. Another portfolio company, TROYGOLD, founded in 2018, is a fintech company that digitizes physical gold assets, allowing users to convert their gold into spendable currency via a mobile app. Additionally, Atura, established in 2017, develops secure, bank-grade chatbots delivering innovative solutions across asset management, insurance, and banking sectors. These investments reflect Crossfin Ventures' commitment to fostering innovation and growth in the FinTech industry.

Scalable business models, Innovative financial technology solutions, Strong growth potential, Alignment with Crossfin's strategic focus areas