Kori Tech

Kori Tech

Kori Tech was established in 2019 in Dakar, Senegal, as a fintech specializing in mobile payment methods built around connected IoT objects. The firm launched with cashless payment solutions and has since expanded its in-house engineering to serve two distinct verticals: retail merchants and educational institutions. Its technical team handles full-stack development — from software engineering and cloud infrastructure to UI/UX design — operating out of its single Dakar office on Rue Berenger Feraud. The firm deploys capital into two proprietary platforms. KoriPass is a unified merchant terminal that accepts mobile money wallets — including Wave, Orange Money, and Free — while using IoT bracelets, stickers, and key fobs to run customer loyalty programs. KoriSchool is a separate platform for schools, using connected objects to track student and teacher attendance and monitor class execution. The paired approach creates a cross-sector footprint in fintech infrastructure and education operations, both delivered as managed services with installation, training, and 24/7 support. The firm lists no named portfolio companies, external fund commitments, or co-investors, and deployment figures remain undisclosed. Kori Tech does not publish team size, headcount, or organizational structure. Its website highlights partnerships with unspecified entities, and its contact channels point to a single Dakar address. The firm claims in-house capabilities across software engineering, web and mobile development, cloud infrastructure, security, UI/UX design, and project management — suggesting a modest, vertically integrated technical team rather than a distributed investment staff. No adjacent vehicles, philanthropic foundations, or club memberships are disclosed. Kori Tech's architecture differs from a typical family office or venture fund: it operates as a product company that builds and runs its own payment and tracking infrastructure, rather than allocating capital to external managers or portfolio companies. Its revenue model likely depends on merchant and school service fees, making it an operating business more than a pure allocator. This product-company structure means its principal risk is execution on software and hardware deployment across West African markets, not investment selection.