Paul Kwesi Damalie, a Ghanaian Investor and Fintech Expert

By : Melchior Koba

Date : lundi, 15 juillet 2024 09:13

Last updated : mardi, 16 juillet 2024 12:27

Driven by a passion for crafting technological solutions, especially in the financial sector, he tackles challenges within his community.  He's a seasoned entrepreneur, having founded and invested in several African companies.

Paul Kwesi Damalie is a Ghanain serial entrepreneur and investor. In 2023, he founded Damalie Innovation Holdings Group (DIH Group), an investment company dedicated to improving the lives of one billion people by investing in key sectors and creating exponential value.

DIH Group focuses on areas such as health technologies, the sports value chain, family entertainment and games, urban infrastructure, urban development, integrated commerce and finance, and climate resilience.

As an angel investor, Damalie supports the startup DrDoGood, founded in 2023, which aims to revolutionize access to and delivery of primary healthcare through a web and mobile application that facilitates interactions between patients and healthcare providers.

In 2013, Damalie co-founded Wordstreem, a social audio streaming app for Christian ministries to engage their communities, serving as its CEO during the first year. In 2016, he co-founded Loystar, a digital loyalty and commerce platform that enables merchants to sell and retain customers, serving as the Director of Business Development and Operations for a year.

Also in 2016, Damalie co-founded Inclusive Financial Technologies, a company developing digital infrastructure for Africa to make financial data globally accessible, serving as CEO for two years. In 2018, he founded Appruve, a startup that facilitates identity verification for individuals and businesses across Africa, where he was CEO until 2023.

Damalie graduated from Radford University College in 2014 with a bachelor's degree in finance and strategic management. To gain experience, he worked for several companies, including serving as the country head of Next Money in Ghana in 2015, joining the advisory board of the Financial Inclusion Forum Africa in 2018, and becoming an angel investor for Moneex, a fintech startup that helps freelancers, businesses, and diasporas in Africa, in 2023.

Melchior Koba

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