Finance Startups in Africa
Step into the thriving world of Finance startups in Africa, where innovators are rewriting the rules and redefining what's possible. Our carefully curated list is your passport to explore the trailblazers who are shaping this dynamic sector. Discover their bold solutions, game-changing products, and out-of-the-box thinking as they forge new paths in Finance.
Cummulative Funding
$1.2B+
Total # of Companies
47
Total Deal Count
112
Total M&A Count
3
Total # of Investors
202
List of Finance startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Bayport Management Limited, through its subsidiaries, provides retail financial services in the Republic of Mauritius and internationally. | Private Equity | $ 263,000,000 | 2001 | |
Pepkor is a South African based investment holding company with retail interests in Africa, Australia and Eastern Europe. | Debt Financing | $ 238,698,166 | 1965 | |
Fawry is the leading Egyptian platform for digital transformation & e-payments | Private Equity | $ 122,000,000 | 2008 | |
CrossBoundary is a mission driven investment firm that unlocks the power of capital for sustainable growth and strong returns in underserved markets. | Private Equity | $ 100,000,000 | 2011 | |
Oragroup SA provides personal and business banking services. | Debt Financing | $ 99,500,000 | 1988 | |
SunFunder is unlocking debt capital for solar energy access & climate change | Grant | $ 81,320,000 | 2012 | |
Empowering Morocco with CashPlus: Your Trusted Fintech Partner for Seamless Money Transfers, Currency Exchange, and Financial Services Nationwide. | Private Equity | $ 62,000,000 | 2004 | |
Kudi is making financial services accessible and affordable for all Africans. | Series B | $ 35,120,000 | 2016 | |
Nithio is a venture-backed energy finance platform that provides services to stakeholders in the distributed solar sector in Africa. | Debt Financing | $ 32,700,000 | 2018 | |
GetBucks is a fintech company that embraces technology as a means to provide financial products and services to its customers. | Private Equity | $ 25,000,000 | 2010 | |
One Acre Fund supplies smallholder farmers with the financing and training they need to grow more food and earn more money. | Grant | $ 18,700,000 | 2006 | |
Mogo is a Kenyan vehicle financing company. | Debt Financing | $ 17,000,000 | 2018 | |
Verto is a global B2B payments solution that helps businesses send money to anyone, anywhere | Series A | $ 12,250,000 | 2017 | |
Zanifu was built with the idea of building local technical solutions to local problems | Seed | $ 12,200,000 | 2016 | |
Pezesha is a Peer-to-Peer micro lending Marketplace that connects lenders with high quality underserved low income borrowers. | Grant | $ 12,084,700 | 2016 | |
One Credit is an online consumer lending business in Nigeria. | Convertible Note | $ 10,750,000 | 2012 | |
i.Sec is a financial security service that allows its users to approve and decline unwanted and malicious transactions. | Venture | $ 10,000,000 | 2013 | |
Watu Credit Limited offers asset financing (motorcycles and three-wheelers) and group lending products (short-term and business loans) | Venture | $ 8,500,000 | 2015 | |
Lidya is the future of SME finance; supporting SMEs in fast growing economies access credit in 1 day. | Seed | $ 8,200,000 | 2016 | |
Lendable is the leading provider of debt to fintechs in emerging and frontier markets. | Grant | $ 6,950,000 | 2014 |
Founded
2001
Overview
Bayport Management Limited, through its subsidiaries, provides retail financial services in the Republic of Mauritius and internationally.
Last round
Private Equity
Total raised
$ 263,000,000
Employee
501-1000
Founded
1965
Overview
Pepkor is a South African based investment holding company with retail interests in Africa, Australia and Eastern Europe.
Last round
Debt Financing
Total raised
$ 238,698,166
Employee
10001+
Founded
2008
Overview
Fawry is the leading Egyptian platform for digital transformation & e-payments
Last round
Private Equity
Total raised
$ 122,000,000
Employee
251-500
Founded
2011
Overview
CrossBoundary is a mission driven investment firm that unlocks the power of capital for sustainable growth and strong returns in underserved markets.
Last round
Private Equity
Total raised
$ 100,000,000
Employee
51-200
Founded
1988
Overview
Oragroup SA provides personal and business banking services.
Last round
Debt Financing
Total raised
$ 99,500,000
Employee
1001-5000
Founded
2012
Overview
SunFunder is unlocking debt capital for solar energy access & climate change
Last round
Grant
Total raised
$ 81,320,000
Employee
11-50
Founded
2004
Overview
Empowering Morocco with CashPlus: Your Trusted Fintech Partner for Seamless Money Transfers, Currency Exchange, and Financial Services Nationwide.
Last round
Private Equity
Total raised
$ 62,000,000
Employee
1001-5000
Founded
2016
Overview
Kudi is making financial services accessible and affordable for all Africans.
Last round
Series B
Total raised
$ 35,120,000
Employee
51-200
Founded
2018
Overview
Nithio is a venture-backed energy finance platform that provides services to stakeholders in the distributed solar sector in Africa.
Last round
Debt Financing
Total raised
$ 32,700,000
Employee
2-10
Founded
2010
Overview
GetBucks is a fintech company that embraces technology as a means to provide financial products and services to its customers.
Last round
Private Equity
Total raised
$ 25,000,000
Employee
Founded
2006
Overview
One Acre Fund supplies smallholder farmers with the financing and training they need to grow more food and earn more money.
Last round
Grant
Total raised
$ 18,700,000
Employee
5001-10000
Founded
2018
Overview
Mogo is a Kenyan vehicle financing company.
Last round
Debt Financing
Total raised
$ 17,000,000
Employee
1,001-5,000
Founded
2017
Overview
Verto is a global B2B payments solution that helps businesses send money to anyone, anywhere
Last round
Series A
Total raised
$ 12,250,000
Employee
11-50
Founded
2016
Overview
Zanifu was built with the idea of building local technical solutions to local problems
Last round
Seed
Total raised
$ 12,200,000
Employee
11-50
Founded
2016
Overview
Pezesha is a Peer-to-Peer micro lending Marketplace that connects lenders with high quality underserved low income borrowers.
Last round
Grant
Total raised
$ 12,084,700
Employee
11-50
Founded
2012
Overview
One Credit is an online consumer lending business in Nigeria.
Last round
Convertible Note
Total raised
$ 10,750,000
Employee
11-50
Founded
2013
Overview
i.Sec is a financial security service that allows its users to approve and decline unwanted and malicious transactions.
Last round
Venture
Total raised
$ 10,000,000
Employee
1-10
Founded
2015
Overview
Watu Credit Limited offers asset financing (motorcycles and three-wheelers) and group lending products (short-term and business loans)
Last round
Venture
Total raised
$ 8,500,000
Employee
101-250
Founded
2016
Overview
Lidya is the future of SME finance; supporting SMEs in fast growing economies access credit in 1 day.
Last round
Seed
Total raised
$ 8,200,000
Employee
11-50
Founded
2014
Overview
Lendable is the leading provider of debt to fintechs in emerging and frontier markets.
Last round
Grant
Total raised
$ 6,950,000
Employee
11-50