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Anda, an Angolan mobility and fintech startup co-founded by Luanda-based entrepreneur Sergio Tati, has raised €3 million ($3.5 million) in seed funding to bring order and opportunity to Angola’s informal motorcycle-taxi economy.
The round, co-led by European venture capital firms Breega and Speedinvest, ranks among the largest early-stage investments in Angola’s emerging tech scene and underscores growing international interest in Portuguese-speaking African markets.
Global investors bet on Angola’s ride-and-own model
Investors are backing Anda’s approach, which combines ride-hailing technology, flexible motorcycle financing, and digital payments to help riders work safely, own their vehicles, and build credit histories in a country where most people operate outside formal banking systems.
Anda’s co-founder and CEO, Sergio Tati Nührmann, said, “Capital isn’t flowing easily into young markets right now, so this support means a lot.” For us, this is about mobility and dignity. Riders deserve a fair shot at ownership, stability, and a future they can plan for.”
The funding also points to growing confidence in Angola’s transport market, a space often overshadowed by larger African economies such as Nigeria, Kenya, and South Africa.
Angola’s young tech scene finds a moment
For years, most venture funding in Africa has gone to English-speaking countries. Anda’s raise gives Angola a chance to show its potential, with more than 1.2 million motorcycle-taxi operators serving as a backbone of daily movement, from school runs to market deliveries, in cities where public transport remains limited.
With the capital, Anda plans to expand across Luanda, deploy more motorcycles, train riders and strengthen its technology with hopes to extend to other Angolan provinces and eventually to markets such as Mozambique, where informal motorcycle transport plays a similar role.
A young venture taking on Angola’s informal mobility economy
Founded in 2022 and based in Luanda, Anda is emerging as one of Angola’s most ambitious mobility and fintech ventures. What began as a pilot to organize and support motorcycle-taxi riders has grown into a platform that combines transport services, asset financing, insurance and digital payments.
With $3.5 million in seed funding, the company aims to bridge the gap between the informal economy and formal finance, pushing forward with its goal of turning everyday riders into asset owners and daily hustles into sustainable livelihoods as it expands beyond Luanda.
