The firm operates with a diverse portfolio of 22 startups across two funds, typically investing up to $400,000 in seed-stage companies throughout Africa.

Oui Capital's investment in Moniepoint spanned five years, beginning with a seed round valuation of $12.5 million.

As an early investor, Oui Capital played a crucial role in Moniepoint's evolution into Nigeria's largest merchant acquirer, specializing in business banking and payments.

Industry data suggests that smaller funds like Oui Capital are often more successful in returning capital due to their size and focused portfolio strategies.

In 2022, Oui Capital launched its second fund, Mentors Fund 2, initially aiming for $30 million but ultimately closing at $12 million, with plans for a potential third fund in 2025.

When Oui Capital first invested in Moniepoint, previously known as TeamApt, the company was relatively unknown and focused mainly on financial products for banks.

Oui Capital has successfully returned its $4 million debut fund following the sale of shares in Moniepoint, a standout investment in the African fintech sector.

Tosin Enioluwadara, Moniepoint's CEO, acknowledged Oui Capital for their advisory support and strategic guidance throughout the company's growth.

The initial investment of $150,000 from Oui Capital in Moniepoint ultimately generated an impressive $8 million return, enabling the fund's repayment.

Moniepoint achieved a significant milestone by raising $110 million in October 2024 during a Series C round, reaching a valuation of $1 billion.

Oui Capital's achievement is particularly noteworthy given that many early-stage VC firms in Africa struggle to return their initial funds.

Exits in Africa's tech scene remain a challenge, with only 143 successful exits out of nearly 3,000 venture deals since 2019, underscoring the difficulties faced by startups in the region.