Advancly

Venture Capital Lagos, United States

Overview

Advancly is a venture capital firm focused on investing in the financial services and fintech sectors in Uganda. The firm aims to empower entrepreneurs and micro, small, and medium-sized enterprises (MSMEs) by providing access to credit, technology, and data solutions. Advancly's mission is to bridge the gap in access to finance for MSMEs in Africa and emerging markets, enabling them to scale and succeed. The firm's investment strategy centers on supporting innovative businesses that leverage technology to enhance financial inclusion and economic development. Advancly's portfolio includes investments in companies that offer digital lending platforms, embedded financing solutions, and other financial services designed to meet the unique needs of MSMEs. By focusing on these areas, Advancly seeks to drive progress and foster sustainable growth within the financial ecosystem. Advancly's approach is characterized by a commitment to innovation, speed, and progress-centeredness. The firm emphasizes reimagining access to credit and empowering businesses to build their economies by building their dreams. With a focus on customer-centricity and inclusivity, Advancly aims to create lasting financial health and opportunities for businesses and individuals across Uganda and beyond.

Investment Focus

  • Innovative business models in financial services and fintech sectors
  • Focus on MSMEs and financial inclusion
  • Scalable solutions with potential for sustainable growth

Portfolio Companies

Zofi Cash

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Frequently asked questions about Advancly

What sectors does Advancly invest in?

Advancly invests in Financial Services and FinTech, and is based in Lagos, United States. Advancly is listed as a venture capital in the ConnectSafely investor database.

What stage does Advancly invest at?

Advancly backs companies at Seed, writing cheques of 1M - 1M.

Which regions does Advancly invest in?

Advancly invests across Uganda.

Who are the partners at Advancly?

Team members listed for Advancly include Anu Omotayo (Cofounder and CTO) and David Oyawoye (Head of Design, Brand & Marketing).

What companies has Advancly invested in?

Advancly's portfolio includes Zofi Cash.

How do I contact Advancly?

Advancly's contact details — including phone and LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.

Last updated · Source: ConnectSafely investor database