BluePeak Private Capital Fund II invests in Monty Mobile
Monty Mobile provides the infrastructure that enables businesses and digital platforms to communicate directly with customers.
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BluePeak Private Capital Fund II has made an investment of $12 million in Monty Mobile International.
Monty Mobile provides the infrastructure that enables businesses and digital platforms to communicate directly with customers through application-to-person, or A2P, messaging. This includes one-time passwords, transaction alerts, financial notifications, delivery updates and other enterprise communications that support everyday digital activity.
The company currently operates across 35 African countries through 15 mobile network operator partnerships.
“Monty Mobile combines essential digital infrastructure with a scalable, asset-light business model and deep relationships with mobile network operators across Africa,” said Fulton Shiundu, a partner at BluePeak Private Capital. “We see a clear opportunity to support the company’s next phase of growth while strengthening the services that financial institutions, businesses and digital platforms increasingly depend on.”
“Africa is an important growth market for Monty Mobile, and this investment will allow us to deepen our operator relationships, expand our reach and serve more businesses across the continent,” said Mountasser Hachem, founder and CEO of Monty Mobile. “BluePeak brings both capital and a strong understanding of African markets, making them a valuable partner as we continue to scale.”
Monty Mobile’s African markets include the Democratic Republic of Congo, Ethiopia, Ghana, Kenya, Nigeria, Senegal, Tanzania and Uganda.
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