Apps Startups in Africa
Overview Powered by AI
Mobile apps are gaining traction in East Africa, driven by rising smartphone penetration and affordable internet access. Wave Mobile Money has disrupted the fintech sector with its zero-fee mobile money services, while Smile Identity provides secure digital identity verification. Boomplay dominates the music streaming space with its vast catalogue and localized content. Local business leaders recognize the potential of apps to reach new customers, improve efficiency, and drive innovation.
Cummulative Funding
$557.9M+
Total # of Companies
37
Total Deal Count
59
Total M&A Count
5
Total # of Investors
186
List of Apps startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Wave Mobile Money is a Senegalese startup which provides an app-based financial solution to save, transfer, and borrow money. | Debt Financing | $ 438,500,000 | 2017 | |
Smile Identity is an Africa-focused Identity Management that provides the best Africa-focused solutions. | Corporate | $ 31,100,000 | 2016 | |
Boomplay Music is a leading music streaming and download service in Africa. | Series A | $ 25,500,000 | 2015 | |
Cartona is one of the fastest growing B2B e-commerce marketplaces in Egypt | Debt Financing | $ 24,600,000 | 2019 | |
ZirooPay is a fintech startup that makes payment simple and provides internet-free, easy-to-use POS terminals. | Series A | $ 12,137,200 | 2014 | |
Payday is a Nigerian fintech startup which to enable swifts global payments for Africans. | Seed | $ 5,100,000 | 2021 | |
Minly is an Egyptian online platform that allows celebrities and fans to connect. | Seed | $ 4,275,000 | 2020 | |
Prospa is Lagos-based neobank for micro businesses | Pre-seed | $ 3,925,000 | 2019 | |
Flood enables telcos and banks to embed digital commerce, loyalty, and payments directly into their existing apps | Seed | $ 3,500,000 | 2020 | |
CoinAfrique is a free classified ads service for new and used products in Africa. Sell ββquickly and buy easily in your neighborhood and on your phone! | Venture | $ 2,800,000 | 2014 | |
Mobile karaoke app based in China. | Seed | $ 2,400,000 | ||
Ctrl is a short-term insurance digital platform that connects clients, brokers, and insurers. | Series B | $ 2,300,000 | 2017 | |
Syarpa allows users to send and receive money, pay bills, buy and sell crypto fast and easily | Pre-seed | $ 815,000 | 2020 | |
ear1 is a Nigerian social media startup that allows people to talk to influencers. | Pre-seed | $ 520,000 | ||
Custom instant messaging platform | Seed | $ 200,000 | 2014 | |
Hizo is a Nigerian financial technology company revolutionizing cross-border transactions. | Seed | $ 100,000 | 2024 | |
ChopUP is focused on the development of mobile games that are designed with African themes. | Angel | $ 100,000 | 2013 | |
Ocra is a micropayment mobile wallet that helps riders and drivers of public transportation exchange the service fees cashlessly | Pre-seed | $ 27,000 | 2018 | |
FLOEWS delivers climate early warnings to build a safer, smarter, resilient Africa. | Non-equity Assistance | $ 20,500 | 2017 | |
Microsystem Hotspot is an Egyptian innovative public WiFi system that helps businesses to grow sales | Pre-seed | $ 10,000 | 2011 |
Founded
2017
Overview
Wave Mobile Money is a Senegalese startup which provides an app-based financial solution to save, transfer, and borrow money.
Last round
Debt Financing
Total raised
$ 438,500,000
Employee
501-1,000
Founded
2016
Overview
Smile Identity is an Africa-focused Identity Management that provides the best Africa-focused solutions.
Last round
Corporate
Total raised
$ 31,100,000
Employee
11-50
Founded
2015
Overview
Boomplay Music is a leading music streaming and download service in Africa.
Last round
Series A
Total raised
$ 25,500,000
Employee
101-250
Founded
2019
Overview
Cartona is one of the fastest growing B2B e-commerce marketplaces in Egypt
Last round
Debt Financing
Total raised
$ 24,600,000
Employee
51-200
Founded
2014
Overview
ZirooPay is a fintech startup that makes payment simple and provides internet-free, easy-to-use POS terminals.
Last round
Series A
Total raised
$ 12,137,200
Employee
11-50
Founded
2021
Overview
Payday is a Nigerian fintech startup which to enable swifts global payments for Africans.
Last round
Seed
Total raised
$ 5,100,000
Employee
2-10
Founded
2020
Overview
Minly is an Egyptian online platform that allows celebrities and fans to connect.
Last round
Seed
Total raised
$ 4,275,000
Employee
11-50
Founded
2019
Overview
Prospa is Lagos-based neobank for micro businesses
Last round
Pre-seed
Total raised
$ 3,925,000
Employee
2-10
Founded
2020
Overview
Flood enables telcos and banks to embed digital commerce, loyalty, and payments directly into their existing apps
Last round
Seed
Total raised
$ 3,500,000
Employee
11-50
Founded
2014
Overview
CoinAfrique is a free classified ads service for new and used products in Africa. Sell ββquickly and buy easily in your neighborhood and on your phone!
Last round
Venture
Total raised
$ 2,800,000
Employee
1-10
Founded
2017
Overview
Ctrl is a short-term insurance digital platform that connects clients, brokers, and insurers.
Last round
Series B
Total raised
$ 2,300,000
Employee
11-50
Founded
2020
Overview
Syarpa allows users to send and receive money, pay bills, buy and sell crypto fast and easily
Last round
Pre-seed
Total raised
$ 815,000
Employee
11-50
Founded
Overview
ear1 is a Nigerian social media startup that allows people to talk to influencers.
Last round
Pre-seed
Total raised
$ 520,000
Employee
Founded
2014
Overview
Custom instant messaging platform
Last round
Seed
Total raised
$ 200,000
Employee
1-10
Founded
2024
Overview
Hizo is a Nigerian financial technology company revolutionizing cross-border transactions.
Last round
Seed
Total raised
$ 100,000
Employee
11-50
Founded
2013
Overview
ChopUP is focused on the development of mobile games that are designed with African themes.
Last round
Angel
Total raised
$ 100,000
Employee
1-10
Founded
2018
Overview
Ocra is a micropayment mobile wallet that helps riders and drivers of public transportation exchange the service fees cashlessly
Last round
Pre-seed
Total raised
$ 27,000
Employee
2-10
Founded
2017
Overview
FLOEWS delivers climate early warnings to build a safer, smarter, resilient Africa.
Last round
Non-equity Assistance
Total raised
$ 20,500
Employee
11-50
Founded
2011
Overview
Microsystem Hotspot is an Egyptian innovative public WiFi system that helps businesses to grow sales
Last round
Pre-seed
Total raised
$ 10,000
Employee
11-50