CRE Venture Capital

Sukhiba is at the forefront of transforming how businesses interact with customers across emerging markets, where business is commonly done on WhatsApp. With Sukhiba, businesses can leverage AI principles to grow sales by listing products, engaging customers, running campaigns, and accepting payments within a WhatsApp chat. Congratulations to the Sukhiba team on their $1.5 million seed extension. We look forward to supporting them as they continue empowering businesses to connect with their customers in more innovative ways. Read the full story: https://lnkd.in/g-7cVPqE Ananth Gudipati Abhinav Solipuram EQ2 Ventures Quona Capital Accion Venture Lab Musha Ventures SUKHIBA

Definely's suite of productivity solutions assists lawyers at every pre-execution stage of the contract lifecycle, helping its customers quickly draft, proof, and understand legal documents. Congratulations to Nnamdi Emelifeonwu, Feargus M., and the Definely team on securing $7m in Series A funding!? We welcome Octopus Ventures, Cornerstone VC, and many others to the team and look forward to supporting Definely as they simplify contracting for the largest legal organizations in the world.? Read more here: https://lnkd.in/daPY-7vE #legaltech #venturecapital #definely #fundraising

Our latest infographic provides an overview of the Open Banking landscape in Africa, highlighting the varied regulatory frameworks guiding its adoption in key markets - Nigeria, Egypt, Kenya, and South Africa. It showcases the pivotal role of regulatory reforms and fintech innovations in driving financial inclusion, offering a glimpse into the future of personalized and accessible financial services facilitated by open banking enablers such as CRE portfolio company Stitch. Read more:?https://lnkd.in/dCSkDpkD. #openbanking #financialinclusion #payments

On this International Women's Day, let's celebrate the #WomenofCRE who lead with determination, drive innovation with intention, and foster inclusivity. #internationalwomensday #iwd2024

Happy New Year from all of us at CRE Venture Capital! #WelcomeTo2024 #HappyNewYear2024

Happy Holidays!! #holidayseason #happyholidays2023

Our latest infographic delves into key financial inclusion metrics across the continent. Africa's financial inclusion rate continues to reflect significant growth, primarily driven by regulatory reforms and fintech innovations. There is an increasing rate of adoption of formal financial services across 4 major markets: Kenya, Nigeria, Egypt, and South Africa. As of 2021, debit card penetration rates stood at 22% in Kenya, 35% in Nigeria, 22% in Egypt, and 59% in South Africa amongst the population aged 15+ years old. The e-payment industry in Africa recorded about $15 billion in transactions in 2020, with projections to reach $40 billion by 2025, largely driven by the popularity of mobile money, debit cards, and electronic wallets as prominent digital payment methods. Despite strides in financial innovation, credit card penetration averaged just 3.92% across 28 African countries in 2021, hindered by low-income levels and limited credit history. Comprehensive financial inclusion necessitates collaboration among governments, financial institutions, investors, and technology companies. CRE portfolio companies like Flutterwave, Stitch, and Yoco are dedicated to advancing financial inclusion in Africa through electronic payments processing, account-to-account (A2A) payments, and POS solutions, respectively. To learn more, you can read our blog post here: https://lnkd.in/dCiJgFmB #financialinclusion #digitalpayments #mobilemoney

For enterprise businesses, accepting, managing, and moving money should feel like a non-event. Stitch is building a payments infrastructure designed to bring us one step closer. From their base in South Africa, the Stitch team is working to make the payment process easier, faster, and more secure for enterprise businesses and their customers - with payment solutions custom-designed to enhance business performance. Stitch leverages the latest tech and operates at an infrastructure layer, powering reliable money movement across the whole payments stack. Congratulations to the Stitch team on their $25 million Series A Extension. Looking forward to supporting them as they continue to build new payment solutions and extend their reach to new markets. See more from TechCrunch here:??https://lnkd.in/d8gJQt_6 Get in touch with their team at [email protected]