Optasia (previously known as Channel VAS) is the world leader in the provision of airtime and data credit. Based in Athens, Optasia operates in 30 countries across Africa, the Middle East, Asia, and Latin America. Optasia has a strong value proposition for Mobile Network Operators (MNOs) by providing risk-free airtime sales to MNOs, increasing average revenue per user (ARPU), and decreasing customer churn. In addition, the business uses sophisticated credit-scoring algorithms that produce in the lowest default rates in the industry.
Optasia is an AI-enabled business with a highly scalable platform scoring some 560 million subscribers daily and performing 88 million transactions monthly. Optasia was the Ethos AI Fund 1’s first investment in 2018. Chronos Capital further increased its stake in Optasia in 2022.
rain has built the largest 5G network in South Africa, covering more than 7 million homes, providing fibre-in-the-sky with average download speeds across the network of 200Mbps. Using the latest technology and unburdened by legacy, rain has been able to break even in a record time and achieve an exceptionally high return on invested capital.
rain is a highly analytics-driven organisation operating on a large scale in a sizeable and profitable industry. rain's own network is currently on a par with the large incumbent networks in terms of data volumes. Michael, Willem, and Roger were founding shareholders of rain in 2016, with Willem serving as rain's CEO for three years.
Tyme is a fully licensed hybrid digital bank, operating in South Africa and the Philippines. Tyme offers a suite of products servicing emerging middle-class customers, using both mobile and revolutionary kiosks in retail stores to issue and service accounts, supported by tens of thousands of till points doing deposits and withdrawals. The retail store footprint provides the bank with a proxy branch network at a much lower cost than bricks-and-mortar infrastructure.
As a data and technology-driven bank, Tyme already operates on a large scale and aims to become a transformative, multi-country hybrid digital bank. The Ethos AI Fund 1 was a founding investor, along with ARC and the Tyme founders in launching Tyme in 2019. Chronos Capital further invested through its Series D raise in 2022.
Vertice MedTech pursues a buy-and-build strategy and has made twelve acquisitions since being established by Ethos and the AI Fund in 2018. Vertice has become the second largest medical technology company in Southern Africa, with a continent-wide footprint that provides turnkey medical solutions across several healthcare sectors.
Healthcare is in the early stages of being fundamentally transformed by AI. Vertice is in a strong position to source technologies globally and use its established distribution network and relationships to build AI-centered business models locally. Vertice was the Ethos AI Fund 1's second investment in 2018.
Crossfin aims to become Africa's leading independent FinTech group within the next 5 years. Crossfin backs innovative companies that focus on solving specific everyday pain points that are not adequately addressed by existing products in the market. Crossfin's portfolio and extensive partner ecosystem create exciting opportunities to integrate a broad suite of financial products and services to support local merchants and consumers on multiple levels.
Currently, Crossfin's portfolio processes over 270 million card- and 20 million mobile-enabled payment transactions annually with an aggregated value of over R100 billion ($5.64 billion). Crossfin Holdings was the Ethos AI Fund 1's fourth investment in 2021.
In 2025, Crossfin Singapore was established through a strategic partnership between Crossfin Management and Chronos Capital Management, a sub-fund of Chronos Capital.
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Founded in 2016, Peak Partners Holding AG is a Switzerland-based investment firm focused on early-stage venture capital and private equity opportunities across Western Europe.
They specialise in identifying and supporting emerging technologies with the potential for wide-ranging impact.
Chronos Capital invested in Peak Partners in 2024.
Roojai is a fast-growing direct insurer based in Thailand. Roojai provides an online platform for clients to buy car, motorcycle, critical illness, and personal accident cover.
It employs sophisticated rating models, and its world-class systems enable the business to provide excellent claims services to clients.
The wider Roojai group also provides price comparison websites in Thailand and Indonesia. Chronos Capital invested in 2025.
About Us
We are four partners with experience in building and scaling businesses across industries. We take a hands-on approach, actively supporting founders and management teams as they navigate growth. Above all, we’re committed to creating meaningful, long-term impact through the companies we invest in.
GoTyme Bank, launched on October 20, 2022, is a digital banking venture in the Philippines formed through a partnership between the Gokongwei Group and South African-based TymeBank. This collaboration leverages the Gokongwei Group's extensive retail network and TymeBank's digital banking expertise to offer accessible and innovative financial services to Filipinos.
Through its user-friendly digital platform and commitment to customer-centric services, GoTyme Bank aims to redefine banking in the Philippines, making financial services more accessible and rewarding for all.
OfferZen is a leading tech talent marketplace that connects top developers with exciting job opportunities across Africa and Europe. Founded in 2015, OfferZen is reshaping the way companies hire by making the process faster, more transparent, and developer-friendly.
With a strong focus on empowering the tech community, OfferZen goes beyond recruitment—offering resources, events, and insights that help developers grow in their careers and companies build world-class engineering teams. Today, OfferZen is trusted by thousands of developers and companies to find the right match in the ever-evolving world of tech.
Chronos Capital made its first investment in OfferZen in 2023.
MGT was founded with a clear mission: to make insurance simpler, smarter, and better for small businesses. The company is building a more seamless, customer-centric insurance experience that empowers both sales partners and policyholders—while protecting what matters most to business owners across the United States.
As a tech-enabled risk solutions platform, MGT is reimagining commercial Property & Casualty insurance by streamlining processes, leveraging modern technology, and delivering real value to brokers and policyholders alike. MGT is proud to be driving the next evolution of commercial insurance, addressing long-standing industry pain points while honouring the expertise, legacy, and innovation that define the sector. Chronos Capital invested in 2023.
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Atlax 360 is a multinational company specializing in optimizing global Order to Cash (OTC) processes, with operations spanning Europe and Latin America. Their comprehensive suite of services includes management control, transaction evaluation, risk monitoring, and collection management, all designed to streamline OTC workflows. By simplifying customer onboarding and automating debtor management, Atlax 360 reduces management time and enhances performance for businesses.
Serving over 2,000 companies across more than 30 countries, Atlax 360 delivers significant savings through improved credit decision-making and reduced operating costs and risks, with an average payback period of 10 months. Atlax 360 was the second investment made by Chronos Capital.