BaaS Startups in Africa
Overview Powered by AI
BaaS in Africa: Gaining traction, but challenges remain. Local leaders see it as a potential game-changer for financial inclusion and digital transformation. Key concerns include regulatory compliance, infrastructure limitations, and customer adoption.
Cummulative Funding
$7.3M+
Total # of Companies
4
Total Deal Count
5
Total M&A Count
1
Total # of Investors
28
List of BaaS startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Banking services for the unbanked: Maplerad provides a modern banking platform for Nigerians. | Seed | $ 6,000,000 | 2022 | |
Anchor is a banking-as-a-service startup that builds, embeds and launch financial products for African businesses. | Seed | $ 1,000,000 | 2021 | |
Cauri Money offers payment services for African diasporas | Grant | $ 350,000 | 2021 | |
Bloc is building the all-in-one FinTech infrastructure stack β for startups and organisations. | Undisclosed | Undisclosed | 2009 |
Founded
2022
Overview
Banking services for the unbanked: Maplerad provides a modern banking platform for Nigerians.
Last round
Seed
Total raised
$ 6,000,000
Employee
2-10
Founded
2021
Overview
Anchor is a banking-as-a-service startup that builds, embeds and launch financial products for African businesses.
Last round
Seed
Total raised
$ 1,000,000
Employee
2-10
Founded
2021
Overview
Cauri Money offers payment services for African diasporas
Last round
Grant
Total raised
$ 350,000
Employee
2-10
Founded
2009
Overview
Bloc is building the all-in-one FinTech infrastructure stack β for startups and organisations.
Last round
Undisclosed
Total raised
$ 0
Employee
201-500