# Greencap Equity

Greencap Equity is an Asset Manager based in Lagos, Nigeria.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Lagos, Nigeria
- **Region:** Africa
- **Address:** Lagos, Nigeria
- **Assets under management:** Undisclosed
- **Website:** greencapequity.com

## Regulatory record

- **Reports private funds:** No

## About

Greencap Equity is an investment company with interests in various industries. The firm has made 2 investments, including a Seed VC in Payday on October 08, 2021. Greencap Equity has 1 portfolio exit, Payday, which occurred on December 05, 2023.

## Sectors

- FinTech
- Enterprise Software

## People

- Olawale Anthony Soares — Founder, Director
- Babajide Oluwaseun Obileye — Founder, Director
- Oluseye Foluso Arowolo — Founder, Director

## Questions

### Who runs investment decisions at Greencap Equity?

Investment authority rests with the three founding directors: Olawale Anthony Soares, Babajide Oluwaseun Obileye, and Oluseye Foluso Arowolo. All three are listed as directors and shareholders of the operating entity, Greencap Equity Limited, registered in Nigeria. The firm has not disclosed a separate investment committee or external advisory board.

### Which investment stages does Greencap Equity target?

Greencap focuses on pre-seed and seed-stage companies, providing the earliest institutional capital into West African startups. Publicly recorded deals show the firm entering at rounds that precede larger Series A syndicates. Its co-investment partners — including Microtraction and Ventures Platform — are similarly stage-focused, reinforcing Greencap's position as an early-stage vehicle.

### Which co-investors does Greencap Equity frequently partner with?

Greencap has repeatedly co-invested with Microtraction, one of West Africa's most active pre-seed funds, in companies such as Bumpa and Payday. HoaQ Club and Ventures Platform also appear as co-investors in Greencap-backed rounds. These partnerships situate Greencap within a tight network of early-stage Nigerian-focused allocators that share pipeline and due-diligence resources.

## Related profiles

- [Green Campus Innovations](https://altss.com/profile/green-campus-innovations)
- [Greenchip Financial Corporation](https://altss.com/profile/greenchip-financial-corporation)

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Last updated: 2026-06-03T20:00:00.000Z

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