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AlphaCode

AlphaCode

Johannesburgalphacode.club

Overview

AlphaCode is a venture capital firm and incubator, founded by Rand Merchant Investment Holdings, that invests in and supports early-stage fintech entrepreneurs and financial services businesses in Africa.

Year Founded

2015

Portfolio Companies

16

Investments

AlphaCode investments
CompanyDateStageLead
MomentAug 2026Series ALead
Livestock WealthSep 2019DebtLead
Bright On CapitalSep 2019DebtLead
Mama MoneyMar 2017AcceleratorLead
StokFellaOct 2016SeedCo-investor
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Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

Portfolio analytics

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Investment Activity

Yearly cadence, pace, and funding raised over time.

Premium
2021
2022
2023
2024
2025
2026

Portfolio analytics

Caplight clients see yearly investment pace and funding raised over time.

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FAQ

Where is AlphaCode based?

AlphaCode is headquartered in Johannesburg, South Africa.

When was AlphaCode founded?

AlphaCode was founded in 2015.

How many portfolio companies does AlphaCode have?

AlphaCode has 16 portfolio companies in Caplight's dataset.

What are some companies in AlphaCode's portfolio?

Portfolio companies visible on Caplight include Moment, Livestock Wealth, Bright On Capital, Mama Money, StokFella.

What was AlphaCode's most recent investment shown here?

AlphaCode's most recent investment in this portfolio sample was in Moment in 2026.

What sectors does AlphaCode focus on?

AlphaCode focuses on FinTech, FinTech, FinTech, FinTech, FinTech, Consumer & Commerce, FinTech, FinTech, FinTech, FinTech, FinTech, Consumer & Commerce, Consumer & Commerce, FinTech, AI, Data & Cloud Infrastructure, Mobility, Transportation & Logistics, Enterprise Software, Mobility, Transportation & Logistics, Consumer & Commerce, Enterprise Software, Enterprise Software, Mobility, Transportation & Logistics, Consumer & Commerce, Consumer & Commerce, Enterprise Software, Consumer & Commerce.

What company stages does AlphaCode focus on?

AlphaCode typically invests at the Early stage.

What is AlphaCode's AUM?

AlphaCode's assets under management are estimated between $0.0 and $50.0M.

Firmographic Details

HeadquartersJohannesburg
Year Founded2015

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