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STRATEGIC  |  FINTECH · Banking & Lending
SEPTEMBER 11, 2026
CreditChek acquires Algosys
TARGET
Algosys
Loan origination, portfolio management, savings, deposits, and credit-check software serving lenders, microfinance institutions, and SACCOs in Uganda.
OwnershipFounder-owned
HeadquartersKampala, Uganda
Leadership
Simon Tayebwa, Co-Founder
Sell-side advisor
ACQUIRER
CreditChek
Credit assessment and financial data infrastructure enabling lenders, banks, fintechs, and microfinance institutions across Africa to verify creditworthiness and make real-time credit decisions.
OwnershipVC-backed · Janngo Capital, Assembly Investors, Vastly Valuable Ventures, Unipeg Capital
Capital raised$600,000
Headcount1-10 FTEs
HeadquartersLagos, Nigeria
Leadership
Buy-side advisor
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Quantuma – AI-native commercial banking platform deploying dedicated AI agents per business customer to surface relationship opportunities for community and regional financial institutions 
Insight Partners leads a round in KastleVC Watch Banking & LendingSEP 17
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Apax Digital Funds (Apax Partners LLP) invests in Wematch Capital Markets & TradingSEP 17
Wematch – securities lending and total return swap workflow software for sell- and buy-side capital markets firms, digitising matching, negotiation, and trade lifecycle management 
ISPnext (Nedvest) merges with Dynatos (Cronos) Billing & RevenueSEP 16
Dynatos – e-invoicing, accounts payable and receivable automation, and Source-to-Pay software for European finance and procurement organisations, processing over 45 million invoices per year via its Routty SaaS platform 
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