Far Ventures
Industry
Finance / Fintech
Address
Woodstock Exchange, Cape Town, Western Cape 8000, ZA
Far Ventures is a Startup Studio actively building startups from scratch in Cape Town, South Africa, a prominent hub of African tech entrepreneurship. Their mission is to foster tech entrepreneurship across Africa by founding and nurturing start-ups that leverage technology to positively impact lives. They excel in creating start-ups from scratch, providing initial capital, and recruiting talented entrepreneurs to scale these businesses and prepare them for external fundraising. Their approach involves identifying scalable, tech-enabled niches, onboarding talented individuals to run and grow these start-ups, and utilizing their network of investors to raise seed funding. Far Ventures maintains a collaborative relationship with the teams they assist, keeping a significant stake in the companies. Their portfolio includes companies like FinChatBot, which develops AI-powered chatbots for the financial sector, Jumpin Rides, a peer-to-peer ridesharing platform, Yethu, a fintech start-up offering mobile savings solutions, and Spoon Money, a social enterprise focused on micro-loans for increased financial inclusion.
Far Ventures