How much funding have FinTech startups in Africa raised?

FinTech startups in Africa have raised $13.8B in disclosed funding.

Who invests in FinTech startups in Africa?

Y Combinator has backed 31 FinTech startups, followed by Ventures Platform (23) and Google (22).

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FinTech startups in Africa

StartupList Africa tracks 1,444 FinTech startups across Africa, which have raised $13.8B in disclosed funding. Nigeria has the most, with 586, followed by Kenya (175) and South Africa (152).

Avg. Deal Size: $15.7M
Total Funding: $13.8B

GroupFintech & Capital9 sectors

Updated 20 Oct 2026Source: SLA Startup IndexHow sectors are assigned →Full directory →

All FinTech startups1,444

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#	Startup	What they do	Last round	Raised	Team
1	WuriePayGuinea	Trusted, accessible digital financial infrastructure for Guinea — built to scale across West Africa.	Not disclosed	Not disclosed	1–10
2	iKhokhaSouth Africa	iKhokha is helping South African business owners believe in better by accelerating the digital economy	Venture	Not disclosed	201–500
3	PebbleScoreNigeria	Check and repair Nigerian credit reports and improve access to loans	Not disclosed	Not disclosed
4	TroygoldSouth Africa	Troygold is a South African FinTech which created SA’s first gold-backed savings account, debit card.	Funding Round	Not disclosed	2–10
5	NEAT MicrocreditNigeria	NEAT Microcredit is empowering entrepreneurs in Nigeria through collateral-free loans,	Debt Financing	Not disclosed	51–200
6	FigoNigeria	Figo is a USD card and dollar account app for spending and receiving dollars.	Not disclosed	Not disclosed
7	PouchNigeria	Parent-controlled prepaid cards and pocket-money wallets for children aged 7 to 16	Not disclosed	Not disclosed
8	KiotapayKenya	Business payments platform in Kenya for M-Pesa and bank collections, bulk payouts, spend management and payroll.	Not disclosed	Not disclosed	11–50
9	WizaAngola	Business management and payments platform for SMBs, with a payment aggregator API, tap-to-pay and online shop tools.	Not disclosed	Not disclosed	2–10
10	TahaqaqLibya	Libyan platform that checks suspicious links, ads and messages to detect online financial fraud and fake bank pages.	Not disclosed	Not disclosed	11–50
11	Container Deposit FundKenya	Trade finance for African logistics firms, funding container deposits and arranging marine cargo cover.	Not disclosed	Not disclosed	2–10
12	Mal BazaarEgypt	Compare and buy insurance online in Egypt from top insurers	Not disclosed	Not disclosed
13	Kaelo MoneySouth Africa	Money management for employees: earned wage access, emergency wallet and financial coaching	Not disclosed	Not disclosed
14	Elevate PaySudan	USD accounts for African freelancers and remote workers to receive, send and save international payments.	Not disclosed	Not disclosed
15	PayPosTunisia	Sousse company designing self-service payment kiosks with cash and electronic payment, custom hardware and software for businesses.	Not disclosed	Not disclosed
16	Agent Banking CompanyUganda	Shared agent banking platform enabling Ugandan banks, MFIs and SACCOs to serve customers through 22,000+ agents.	Not disclosed	Not disclosed	11–50
17	QuickashNigeria	Nigerian online personal-loan app: apply with your BVN and receive funds in your bank account	Not disclosed	Not disclosed
18	AcquiroNigeria	Confidential marketplace for buying and selling Nigerian SMEs, connecting owners with qualified buyers	Not disclosed	Not disclosed	2–10
19	CashaNigeria	Cross-border banking and payments through a Nigerian microfinance bank	Not disclosed	Not disclosed
20	PettySaveNigeria	PettySave platform helps users automate savings/investments & teach users how to manage their finances.	Not disclosed	Not disclosed	2–10

SLA Startup Index · raised is disclosed funding

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Frequently asked about FinTech in Africa

How many FinTech startups are there in Africa?: StartupList Africa tracks 1,444 FinTech startups across Africa.
How much funding have FinTech startups in Africa raised?: FinTech startups in Africa have raised $13.8B in disclosed funding.
Which African countries have the most FinTech startups?: Nigeria has the most, with 586, followed by Kenya (175) and South Africa (152).
Who invests in FinTech startups in Africa?: Y Combinator has backed 31 FinTech startups, followed by Ventures Platform (23) and Google (22).

Cite this page

StartupList Africa, “FinTech startups in Africa”, updated 20 Oct 2026.

startuplist.africa/industries/fintech