Capi

Overseas payments for African importers

Capi logo
21-100 employees
  • B2B
  • Payments
  • SaaS
Old street, London, UK

Company mission

To give businesses in Africa the same price and speed as businesses expect in the US and Europe.

Our take

In Africa, goods importers pay as much as 10% to settle their invoices - and wait weeks for the payment to arrive. Capi is setting out to combat this, with its international payments platform built specifically for importers in Africa.

Through the platform, users can pay suppliers in EUR, UDS or GBP. All at competitive rates and with settlement in just 24 hours. This is a significant improvement to the present situation, which makes Capi stand out almost by default.

With strong support from investors, with a 17.2 million euro Series A raise in 2025, Capi is in a good position to broaden its impact in the future, as it strives towards a future where African companies have the same quality of payments as in the US and Europe.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle

Benefits

  • Paid time off (20-25 days depending on market)
  • Pension Scheme — 3% employer contribution on entire salary (not just pensionable earnings)
  • 4 weeks of work from anywhere in the world
  • Hardware provided (MacBook)

Company values

  • We go the extra mile for customers Capi serves businesses in emerging markets: their needs, struggles, and insights drive everything we do. We go the extra mile to understand our customers’ problems, spending time in their warehouses, down at the port, at trade fairs, or drinking tea with them. As we scale, it will become harder to stay close to every entrepreneur we serve, but we will invest in the people and systems to do this.
  • Always be curious We thrive in complexity across cultures and contexts, from supplier hubs in Yiwu to bustling markets in Lomé. There is no “business as usual” and our assumptions won’t guide us — only our curiosity can. This curiosity isn’t just about others — it’s also about ourselves. We build from first principles, question our biases, and aren’t afraid to ask stupid questions. This is what fuels innovation, builds trust, and ensures we’re solving the right problems in the right ways.
  • Move fast and don’t break things We act with urgency, ensuring our customers, partners, and regulators experience high-quality and timely service. When obstacles slow us down, we do what it takes to get back on pace, like getting on a plane or joining a whole-team sprint. We prioritise getting things done over perfection — but in a regulated industry that’s not always possible, so we constrain our speed with prudence and good judgment.
  • Build resilience from hard things We recognise that we are addressing inherently hard problems and that set-backs occur regularly. When they do, we remain calm and solutions focused. When we make mistakes, we own them and learn from them openly. Our mission will take time to achieve and so we support one another to stay resilient, both mentally and physically, ready to face the next challenge together.
  • Extraordinary talent, no egos Our mission is too important (and difficult) to hire anyone but the best performers. We seek people who are default owners and extraordinarily effective. We also believe that how we achieve our mission matters: we leave ego at the door, put team before self, and believe no task is beneath us.

Funding (1 round)

Feb 2025

$19.5m

SERIES A

Total funding: $19.5m

This company has top investors

Leadership

Mitch R.

(Co-Founder & CEO)

Venture Partner at Pioneer Fund, former COO/CFO/GC at Taptap Send, and was Regional Director and Evaluation Lead at GiveDirectly.

Phil Efstathiou

(Founding Engineer)

Also Founder at Osma, co-founded and was CTO at Alva and was a Software Engineer at Babylon Health and Thriva Health.

Scott Liddle

(Co-Founder)

Previously Head of Markets (CRO & CMO) at Taptap Send, Founder at SpareHand and Director of Policy at Rory for London.

Tom Watson

(Co-Founder & CTO)

Co-founder and CTO at Capi Money (YC S23). On the side I am the Co-founder, MD and Developer at P4SD. A 2019 Forbes 30 under 30 for Europe in Technology. Previously co-founder and CTO of Hubble.

People progressing

Previously with ReD Associates, and then Central Growth Lead at Taptap Send; promoted from Commercial Lead to Head of Growth at Capi.

Founding Engineer at Capi, promoted to Head of Product.

Diversity, Equity & Inclusion at Capi

Emily Richie (Talent Lead)

  • The Capi Money Group (“Capi”) is committed to the principle of equality of opportunity and diversity and recognises that employees, contractors or customers should not experience discrimination on any grounds. To promote equality and diversity in the organisation Capi commits to encourage equality, diversity and inclusion in the workplace. We are dedicated to an environment free of bullying, harassment, victimisation and unlawful discrimination, promoting dignity and respect for all, and where individual differences and the contributions of all staff are recognised and valued. We are working hard to create a diverse and inclusive working environment at Capi. Capi is dedicated to conducting its business with the utmost commitment to ethics and the highest standards of integrity. We currently have team members from 12 different nationalities, with a team that is currently 60% male and 40% female identifying, with a goal to be 50/50 in the next 12-18 months.

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