About Us
Enovate Capital is an investment holding company that provides venture capital to boost
private initiatives that have the potential to transform local economies and elevate
development prospects in Africa and Asia.
We operate as a venture studio for initiatives we originate in-house and as a strategic early-stage investor supporting teams that are building companies to serve unmet needs in emerging market economies.
Our investment thesis primarily focuses on building and scaling innovation-driven
enterprises that expand social and financial inclusion, and that improve governments’ ability to
deliver quality public services to their firms and to their people.
History timeline
Bharti Airtel is the world’s third largest telecommunications company by number of subscribers. The company provides voice, data, and mobile money services. It also operates telecom towerinfrastructure and data centers to power the emerging digital economy of Africa and South East Asia.
CLIKAFRIK Group Limited is a technology company that is on a mission to formalize Africa’s economy, one country at a time. Our proprietary solutions digitize business registration and provide access to both social and financial services in novel ways.
Honest Bank is a financial services provider based in Singapore, Indonesia and Thailand that is on apurpose-driven mission to help everyone in Southeast Asia have access to fair banking.
CLIKPAY Technologies Limited is a mobile financial services company that has the vision to transformthe way micro, small and medium sized businesses (MSMEs) manage payments, income and expenses to expand their access to credit.
CLIKAFRIK Group Limited is a technology company that is on a mission to formalize Africa’s economy, one country at a time. Our proprietary solutions digitize business registration and provide access to both social and financial services in novel ways.
Bharti Airtel is the world’s third largest telecommunications company by number of subscribers.The company provides voice, data, and mobile money services. It also operates telecom towerinfrastructure and data centers to power the emerging digital economy of Africa and South East Asia.
Honest Bank is a financial services provider based in Singapore, Indonesia and Thailand that is on apurpose-driven mission to help everyone in Southeast Asia have access to fair banking.
Centre Diagnostic secures debt facility to expand its capacity to 45 beds and starts maternity and surgical operations.
CLIKPAY Technologies Limited is a mobile financial services company that has the vision to transformthe way micro, small and medium sized businesses (MSMEs) manage payments, income and expenses to expand their access to credit.
Honest Bank is a financial services provider based in Singapore, Indonesia and Thailand that is on apurpose-driven mission to help everyone in Southeast Asia have access to fair banking.
Centre Diagnostic secures debt facility to expand its capacity to 45 beds and starts maternity and surgical operations.
CLIKPAY Technologies Limited is a mobile financial services company that has the vision to transformthe way micro, small and medium sized businesses (MSMEs) manage payments, income and expenses to expand their access to credit.
CLIKAFRIK Group Limited is a technology company that is on a mission to formalize Africa’s economy, one country at a time. Our proprietary solutions digitize business registration and provide access to both social and financial services in novel ways.
2016
Investment in Bharti Airtel
2019
Launch of CLIKAFRIK Group
2019
Series Seed Honest Bank
2020
Series Seed CLIKPAY Technologies
2020
Launch of Gabon’s Digital Business Registration Platform
2020
Exit from Bharti Airtel
2021
Series A Honest Bank
2021
Launch of Centre Diagnostic
2023
CLIKPAY becomes the first fintech in Central Africa to secure a mobile money license!
2023
Series B Honest Bank
2023
Centre Diagnostic secures debt facility
2024
CLIKPAY launches
2024
CLIKAFRIK expands e-gov services
Our Mission
Our mission is to build a diversified portfolio of innovation-driven enterprises that advance economic and social progress in the countries and communities in which we operate. We aim to achieve this by providing risk capital, proprietary know-how, cutting-edge technologies and excellent execution through strategic partnerships with our portfolio companies and subsidiaries.
Our Vision
To become a key valuable, trusted and sought-after investor and partner in building economies, companies and people in the world's growing markets.
4
Active Portfolio companies
1
Exit
We have provided risk capital to five companies across various stages (early-stage & growth), geographies (Central Africa and Southeast Asia), and sectors (Fintech, healthcare, telecoms, and digital government).
We concentrate on
