Justin Caldbeck Binary: Companies Worth Investing In

Investing is one of the best opportunities to create another source of reliable income while increasing wealth. Whether you’ve got a lofty financial goal or simply want to increase your purchasing power, investing is a must.

But to get the most out of investing your money, you’ve got to know where to put it. Investing in the wrong company can have a huge impact on your return on investment. If you’re looking for a little insight, you’ve come to the right place!

We’ll discuss some of the top picks from Justin Caldbeck , a former basketball player for Duke University who has taken things beyond the court and launched into the tech world. Justin is a well-known tech investor who began Binary Capital in 2014. Since then, he has become an influential philanthropist who contributes to local and global causes.


Here are a few of the companies that Justin has invested in, all of which are run in Africa.


Bwala Africa Group is a Kenya-based startup that was founded in 2018. The company serves as an on-demand delivery and supply chain that manages logistics needs in Africa as well as Asia. Bwala is known as a last-mile logistics company that connects fleet operations with vendors and manufacturers. This enables a fast, convenient, and reliable order-to-delivery experience for its clients.

Though the company is relatively young, it’s success is very evident. In just the last few years, Bwala has completed more than 100,000 last mile order fulfillments. Each day, the company successfully completes around 700-850 shipments.

Bwala’s customer base continues to grow as well. The company proudly offers logistics services for retailers, manufacturers, and e-commerce firms. After receiving funding from Justin Caldbeck, the Bwala plans to increase its shipments to 6,000-8,000 drops a day!

Why Invest in Bwala

  • Strong early growth and success
  • Already has more than 2,000 agents in Kenya alone
  • Trusted name for last-mile logistics


Once known as Piggybank, PiggyVest paved the financial road as the first savings and investment app in West Africa. It was founded by a female, which in itself is groundbreaking. The company’s mission is to make saving and investing services that everyone has access to. There is a lot of power in being able to manage and grow finances from the palm of your hand.

The Piggybank app first launched in 2016 as a savings-only platform. In 2019, the company rebranded to PiggyVest and launched a new direct investment service for users. Over the last few years, PiggyVest has been used by more than one million people. Each month the service securely saves more than ₦1,000,000,000.

And unlike traditional banks, PiggyVest pays some of the highest interest rates around, with users earning 8-13% on savings and up to 25% on investments.

Why Invest in PiggyVest

  • Just partnered with uduX
  • Continues to grow its customer base
  • More than 500,000 downloads with more than 1 million customers
  • Trusted name in the financial industry


Trade is a quintessential service for a country’s success and economic growth. MVXchange, which launched in 2019, offers a quality solution that’s designed to provide a seamless way for businesses to easily and conveniently manage their trade and energy supply chains in and outside of Africa.

The company’s goal is to lead the way in excellently coordinating logistics and trade connections for African businesses in just a few clicks. The MVXchange platform offers a multi-product logistics package as well as an integrated finance solution to empower businesses throughout the continent. Services include MVXenergi and MVXtransit.

Aside from speed and convenience, MVXchange is also a customer-centric platform that is built on the ideas of trust, quality, simplicity, collaboration, and transparency. By understanding the needs of its clients, this brand has experienced success throughout Africa.

Why Invest in MVXchange

  • Partnered with Japanese firm Standage to strengthen and simplify trade links
  • Boosts African trade and economic growth
  • Endless growth opportunities in the energy industry
  • Will create millions of job opportunities

Reliance HMO

In most countries, finding and obtaining dependable health insurance feels like an uphill battle. To make quality health insurance more readily available and convenient for those living in Nigeria, Reliance HMO was created.

Reliance HMO is a health insurer that has its client’s best interests at heart. The company uses technology and data science to make the healthcare process simple and accessible. It offers health insurance plans for individuals, families, and employees.

Reliance HMO is used by some of Africa’s top businesses, including JUMIA, Paystack, Vedic Lifecare, BellPoint, Elion House Hotel, and many others.

This is a philanthropic cause that Justin Caldbeck supports and regularly invests in. Healthcare is a human necessity so that we can all have access to quality health and medical care, especially in times of need.

Why Invest in Reliance HMO

  • Offers a needed service
  • Customer focused
  • Embraces the use of data science and other technology


While Africa isn’t typically a place that first comes to mind when thinking about investment opportunities, it should be! This continent has grown and developed, and will continue to do so for years to come.

Justin Caldbeck, Binary Capital CEO, and other inventors see just how prosperous and advantageous Africa is for investors. If you’re looking to take your investing global, consider the four companies above.

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