Our Story

Ovamba was founded in 2013 in the US by long-time friends, Viola Llewellyn and Marvin Cole, who saw an opportunity to help empower fellow entrepreneurs in Africa and the Middle East by providing them with the access to finance needed in order to flourish their businesses. The problem they were solving was twofold; firstly, banks were slow and ill-equipped to adapt to meet the demands of fast moving African small businesses; and secondly, banks’ limited due diligence procedures made it hard for entrepreneurs with no previous track record to get started.

Marvin and Viola decided to combine their experience of the finance and technology sectors and build a platform that would offer fast access to business growth support delivered via mobile phone. Complementing its world-class technology, the platform further set itself apart by offering the ability to analyse real-time risk in Africa based on deep traditional and cultural knowledge from on-the-ground teams, thereby creating a system of both technical and local know-how.

In 2014, Ovamba attracted significant investment from UK-based GLI Finance, whose backers include Blackrock Global, AXA Investment Managers and Barclays Wealth. Ovamba then set up its first operations in Cameroon – a country with over 200 local languages, Muslim and Christian communities, and an economy almost entirely comprised of SMEs. It was the perfect place to prove the model.

With a strong track record of successful transactions, in 2016 Ovamba attracted further investment from other investment platforms, such as Japan’s leading fintech emerging markets investor –  Crowdcredit. This has enabled Ovamba to expand its operations into multiple geographies.

  • Avenue De Gaulle, Entrée Face Bati Service, Bonapriso
    Bonapriso, Douala – Littoral, Cameroon

    Cameroon Sales:  sales.cm@ovamba.com

  • 1 Chadwick Ave, Wynberg
    Gauteng, South Africa 2090

    +27(0)11 083 5851

  • Ovamba USA office

    5425 wisconsin avenue Suite
    600 Chevy Chase, MD 20815

    +1 301-968-2360

Meet the Team

     Marvin Cole

    Founder & Global CEO

Marvin Cole is the President, CEO, Founder, and Chief Leadership Officer of Ovamba Solutions, Inc. At Ovamba, Mr. Cole brings “best practice” due diligence and deal structuring to the Ovamba platform. He oversees risk underwriting,business intelligence, pricing, and analysis teams, and directs collaborative partnerships with global trading houses, banks and institutional investors. Mr. Cole is a McKinsey & Company alum where he worked as a consultant in their Johannesburg branch. Prior to McKinsey, He was the co-founder of Praxis Asset Management and Praxis Management Advisors, boutique investment management consultancy firms that focused on emerging markets. He has served as an M&A consulting advisor with Deloitte Consulting LLP serving private equity clients within the United States and Europe.

 

Executive team


  • Marvin Cole
    Founder & Global CEO 

  • Viola Llewellyn
    Co-Founder and Global President,
    Cameroon General Manager

  • Prashant Mahajan
    Global CTO

  • Robert Sheahan
    Board Member & Advisor

  • Emmanuel Ayuk
    Sales

  • Larry Andong
    Sales

  • Maya Eneke
    Risk

  • Milton Ngakop
    Office Manager

  • Osbert Chiabi
    Marketing

  • Pascaline Ndongo
    Operations

Join the Team

Apply now

  • It has come to our attention that some fraudulent parties are charging applicants a fee to process their job applications. Anyone being asked to provide money to “process a file” should refrain from doing so. Ovamba DOES NOT CHARGE ANYONE to apply for a job or to process a funding request. If in doubt, please don’t hesitate to reach out to us directly.

FAQs

Ovamba connects African SMEs to short term sources of funding using its proprietary risk model.
– 84% of the 1.1bn people on the African Continent are unable to access capital to finance their business
– There is a $368bn credit gap that represents an opportunity to investors
– Banks have proven unable to serve the SME space due to infrastructure and chronic credit scoring inaccuracies
– Banks have not developed any new tech or mobile platforms that SMEs need for their businesses to grow
Ovamba was co-founded by Marvin Cole and Viola Llewellyn in 2013. We are a US based Delaware registered company headquartered in Chevy Chase, Maryland. The company has been operational in Douala, Cameroon since 2014 with 2016 expansion plans currently under execution.  We are NOT a bank – instead we provide “Growth” As a Service – enabling business growth by providing the assets /inventory our business clients require.
We profitably serve the “bottom of the pyramid” African traders and small business owners by  facilitating the inventory placement /  import transaction from order placement, confirmation, logistics and tracking until delivery to the business on time based payment terms. On delivery of the goods, we provide a single invoice consolidating the total landed cost per item, effectively becoming a local supplier of product.