P1 Ventures

P1 Ventures is thrilled to share that we invested in a consortium led by our friends at Paystack that acquired the leading Nigerian spend management and corporate cards provider Brass to support its new phase of growth. Similar to how Ramp leveraged the payment API infrastructure that Stripe built a decade earlier to scale up in the US, we believe Brass would benefit from this strategic partnership with Paystack to expand across Africa. #contrarianinvestor #corporatecards #spendmanagement

At P1 Ventures, we are inspired by mission-driven repeat founders who are adapting models that have been successful in emerging markets. It's therefore a great pleasure to announce today that we're partnering with Sameh Saleh and his rock-star team at MNZL to build the Creditas of Africa. Mabrook! #AfricaisthenextLatAm #repeatfounders #contrarianinvestor

We're delighted to announce that Melody Ama and Khadija Ba will be both joining our P1 Ventures' team. Melody is in #Nairobi and was an investment banker at J.P. Morgan. Khadija is in #Dakar and was consulting for our friends at Partech Africa. Welcome onboard Melody and Khadija! #panafricanteam #africatech #scaleupnotstartup

Today is a major milestone for P1 Ventures. We're welcoming the IFC - International Finance Corporation as our first public institutional investor and announcing our second close. We're excited to continue growing a team of contrarian investors and partner with visionary African tech founders that are building across the continent 🚀 https://lnkd.in/edjYzYHf https://lnkd.in/ecUPPWsQ #contrarianinvestor #africatech #talentisdispersedbutVCisnot

P1 Ventures' portfolio company Chari | YC S21 | Ecom and Fintech apps for retailers in Francophone Africa is one of #websummitqatar's breakout companies. Beyond capital, we intend to bring a sense of togetherness and be valuable partners on the founder’s journey... and that can lead us to proudly represent them on stage in Doha! #africatech #moroccantech #unicorninthemaking

African technology founders have the opportunity to build global businesses that can best positioned for valuable exits. P1 Ventures Co-Founder Hisham Halbouny shared on Fortune's Global Forum some lessons learned from businesses such as Mimecast, InstaDeep, Instabug and Gameball. #localglobal #africasoftwareexports #contrarianinvestors

We're thrilled to share that Selva Govinden is joining our P1 Ventures' team. Selva was previously running fund ops for our friends at Savannah Fund where he worked with public institutional investors such as IFC - International Finance Corporation. Welcome onboard Selva 🚀 #institutionalizingP1 #scaleupnotstartup #onwardsandupwards

What are the lessons learned from the nascent European and Indian VC ecosystems respectively 30 and 10 years ago? How did regional VC formation shaped up during downturns vs. international VCs? What can leading public institutions such as the IFC - International Finance Corporation and forward-looking governments such as Rwanda Development Board (RDB) do to sustain the new African VC asset class? P1 Ventures was grateful to host and mediate an engaging conversation in Kigali last week with Tesi Rusagara, Shruti Chandrasekhar and Bernard Dalle. Thank you for the insightful and inspiring thought partnership! #africatech #nowisthetime #investnotjustvisitrwanda

Scaling up ventures in Africa, we experienced real pain points and built conviction that investing in technology product can unlock opportunities and drive a positive impact on our economies. P1 Ventures Founder & GP M. Mikael Hajjar shared our thesis from #web3 , #payments , #artificialintelligence and eCommerce enablement #SaaS, to #gaming and #healthtech - How we made it in Africa covered it all - thank you! #africatech #paintpoints #contrarianinvestor

At P1 Ventures, we believe AI is the next leapfrog opportunity for Africa and Hisham Halbouny shared more perspective on CNBC Africa last week. We're excited to announce our latest investment in Lengo AI, a Senegal-based AI-driven business intelligence SaaS that offers consumer brands such as Unilever and Arla Foods real-time consumer goods data to power brand distribution and pricing strategies on the continent. #LIONSTECH Invest 🇸🇳 #AInextleapfrog #africainnovates