How to apply to Microtraction as an African founder

TL;DR

Microtraction invests in Fintech, AI-ML, Climate, Healthtech, and SaaS companies at Pre-Seed, writes cheques of $100K for 7% equity (optional top-up to $350K), and takes applications through a direct online application.

Who Microtraction is

Microtraction is a Pan-African investor headquartered in Lagos. Its stated focus is Fintech, AI-ML, Climate, Healthtech, and SaaS. The thesis, in the fund's own words: Pre-seed capital for smart, relentlessly resourceful founders building globally relevant technology businesses from Africa.

On the ground, Microtraction operates as a Pre-Seed investor with an Africa focus described as "Nigeria (primary), Ghana, Kenya, Rwanda, continent-wide". The fund's co-founder is Yele Bademosi, alongside Kwamena Afful (Co-founder).

What they invest in

Stages: Pre-Seed
Sectors: Fintech, AI-ML, Climate, Healthtech, and SaaS
Cheque size: $100K for 7% equity (optional top-up to $350K)
Geography focus: Pan-African / Yes -- Nigeria (primary), Ghana, Kenya, Rwanda, continent-wide

How to apply

Apply directly at https://www.microtraction.com/. That link is the fund's own application channel, listed in their Trampoline entry as of 2026-07-29. Fill out whatever the form asks for completely: skipped fields read as a rushed application, and a rushed application is an easy first-pass reject at any fund fielding more submissions than it can meaningfully review.

Portfolio pattern

Microtraction's portfolio, as listed in their Trampoline fund page, includes:

Bumpa (Nigeria): Social commerce platform for SMEs
Lemfi (Nigeria/UK): Cross-border payments
Rise (Nigeria): Wealth management platform
Termii (Nigeria): Communications API infrastructure
Sendbox (Nigeria): Fulfilment and logistics for merchants

That spread gives you a sense of what a real check from Microtraction has funded, not just what the thesis claims it funds.

Before you apply

Have these ready before you reach out:

Deck: Check your readiness first so you know where the gaps are
Metrics dashboard: Set up your metrics dashboard so you can show real traction, not slides
Cap table
A one-line description of what your company does

FAQ

Does Microtraction invest in Fintech?

Yes. Fintech is listed among Microtraction's stated sector focus areas.

What stage does Microtraction typically write cheques at?

Microtraction invests at Pre-Seed, with cheque sizes of $100K for 7% equity (optional top-up to $350K).

Do you need a warm intro to apply to Microtraction?

No. Microtraction takes applications through a form on their website, so a warm intro is not required to apply, though it can still help your submission stand out.

Does Microtraction invest outside Pan-African?

Microtraction's Africa focus is described as "Nigeria (primary), Ghana, Kenya, Rwanda, continent-wide". Check the full fund profile for the exact geographic boundaries before you apply.

Is Microtraction a remote or in-person fund?

Microtraction's format is listed as Remote-first (no batches, no programmes, no demo days).