# Affinity Africa funding: rounds and investors

> Affinity Africa has raised $8.0M across 1 round since 2025. Investors include Backed VC, Grazia Equity and Launch Africa. Every round with its source.

Source: https://millionrounds.com/company/affinity-africa (Millionrounds; every figure on the page links to its filing or article)

Ghana · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Affinity Africa*

One round we have observed, with the 9 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services Fintech

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Funding summary Updated 5 Nov 2026

**$8.0M** raised across 1 round since 2025, from 2 sources

- **Latest round:** Seed, $8.0M Feb 2025
- **Led by:** Backed VC and Grazia Equity
- **Investors:** 9 (2 led)

See who backed them

## The rounds

- **Feb 2025** Seed **$8.0M** [Backed VC](https://millionrounds.com/fund/backed-vc) Lead [Grazia Equity](https://millionrounds.com/fund/grazia-equity) Lead [Launch Africa](https://millionrounds.com/fund/launch-africa-ventures) [Enza Capital](https://millionrounds.com/fund/enza-capital) [Renew Capital](https://millionrounds.com/fund/renew-capital) [ImpactAssets](https://millionrounds.com/fund/impactassets) [Attijariwafa Ventures](https://millionrounds.com/fund/attijariwafa-ventures) [FINCA International](https://millionrounds.com/fund/finca-international) [Eldon Capital](https://millionrounds.com/fund/eldon-capital) Reported by Disrupt Africa and 1 other

## Founders and team

From Affinity Africa's own website: 1 founder, 4 on the team.

**Tarek Mouganie** Founder and Group CEO

- **Abdul-Jaleel Hussein** Chief Executive Officer
- **Gifty Ossei Boating** Chief Risk Officer
- **Doreen Baffoe** Head of People and Culture
- **Doug Lacey** Independent Non-Executive Chair

## Everyone who backed them

[Backed VC](https://millionrounds.com/fund/backed-vc) VC firm **1** round, led 1

[Grazia Equity](https://millionrounds.com/fund/grazia-equity) VC firm **1** round, led 1

[Launch Africa](https://millionrounds.com/fund/launch-africa-ventures) VC firm **1** round

[Enza Capital](https://millionrounds.com/fund/enza-capital) VC firm **1** round

[Renew Capital](https://millionrounds.com/fund/renew-capital) VC firm **1** round

[ImpactAssets](https://millionrounds.com/fund/impactassets) VC firm **1** round

[Attijariwafa Ventures](https://millionrounds.com/fund/attijariwafa-ventures) VC firm **1** round

[FINCA International](https://millionrounds.com/fund/finca-international) VC firm **1** round

[Eldon Capital](https://millionrounds.com/fund/eldon-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=affinity-africa).

## Also claim to have backed them

These 2 firms list Affinity Africa as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Leo Lion Limited](https://millionrounds.com/fund/leo-lion-limited) VC firm Per its own site

[Mindset Venture Group](https://millionrounds.com/fund/mindset-venture-gr) VC firm Per its own site

## Quick answers about Affinity Africa

### Who invested in Affinity Africa?

Affinity Africa's investors include Backed VC, Grazia Equity, Launch Africa, Enza Capital and Renew Capital, and 4 more on record. Backed VC led its latest round.

### How much has Affinity Africa raised?

Affinity Africa has raised $8.0M across 1 round since 2025.

### When did Affinity Africa last raise?

Affinity Africa's most recent round was a Seed of $8.0M in Feb 2025, led by Backed VC.

### What was Affinity Africa's biggest round?

Its most recent round, $8.0M in Feb 2025, is also its largest on record.

### Who backed Affinity Africa first?

Affinity Africa's first round on record, in Feb 2025, was backed by Backed VC, Grazia Equity and Launch Africa and 6 others.

### What stage is Affinity Africa at?

Affinity Africa's latest named round is a Seed, in Feb 2025.

### Where is Affinity Africa based?

Affinity Africa is based in Ghana.

### Who led Affinity Africa's rounds?

Backed VC led the Seed in 2025.

## Companies like Affinity Africa

In the same sector, and raised in the last eighteen months.

[**Complete Farmer** $9.9M · Sept 2026](https://millionrounds.com/company/complete-farmer)[**Seevcash** $333K · Sept 2026](https://millionrounds.com/company/seevcash)[**Fido Ghana** $5.5M · Mar 2026](https://millionrounds.com/company/fido-ghana)[**Knapsac** Feb 2026](https://millionrounds.com/company/knapsac)[**BIMA** $581K · Oct 2025](https://millionrounds.com/company/bima)[**Liquify** $1.5M · Jul 2025](https://millionrounds.com/company/liquify)

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