What industries are covered on StartupList Africa?

The page covers major sectors such as fintech, commerce, health, enterprise software, AI, climate, logistics, and other emerging technology categories.

How should investors use these sector pages?

Use sector pages to compare startup density, identify active categories, and prioritize verticals before drilling into startup and investor profile data.

Can operators use sector pages for market analysis?

Yes. Operators can use the sector map to benchmark competitive landscapes, evaluate adjacent categories, and spot partnership opportunities.

Home IndustriesBanking

Banking Startups in Africa

Banking innovation is heating up in Southern Africa. Digital upstarts like MNT-Halan are shaking up the market with lower fees and mobile-first services. Traditional banks are fighting back with partnerships and digitization initiatives. Business leaders are cautiously optimistic, but see significant potential in the long run.

Tracked Companies

Avg. Deal Size

$23.6M+0%

Active Startups

60+0%

Total Funding

$2.6B+0%

Avg. Growth

-100%+0%

Market Map

60 companies in this sector

Submit startup

Company	Tagline	Total Funding	Last Round	Team Size	Backers
Startups Co-operative Credit Union (STARTCCU) Ghana	STARTCCU is a groundbreaking fintech solution dedicated to providing access to financing and support services for startups and MSMEs	-	- -	2-10	No Data
Tanda Kenya	Tanda is a Kenyan fintech startup working to revolutionize access to digital financial services for micro-retilers across Africa.	-	Pre-Series A -	51-200	No Data
Bloc Nigeria	Bloc is building the all-in-one FinTech infrastructure stack — for startups and organisations.	-	- -	201-500	No Data
Lenco Nigeria	Lenco provides full-fledged current accounts for banking services and expense management for business growth.	-	Seed -	11-50	No Data
VB VBank.NG Nigeria	VBank.NG is a Nigerian FinTech platform that provides mobile banking services for users.	-	- -	201-500	No Data
Faydety Egypt	Faydety is an Egyptian startup which allows users to find, compare and apply to banking products online.	-	- -	11-50	No Data

Balad Egypt	Balad is a FinTech company that provides prepaid card solutions for underbanked family members of Egyptian migrants abroad.	-	Non-equity Assistance -	11-50	No Data
Plumter Nigeria	Plumter is helping to facilitate easy foreign payments and international banking for African businesses.	-	Seed -	2-10	No Data
Zeeh Africa Nigeria	Zeeh Africa is an AI-powered open banking platform revolutionizing financial services in Africa.	-	Grant -	11-50	No Data
ZEDI Rwanda	Zedi.rw: Empowering Education, Empowering Lives. Answer questions, earn funds for school fees and personal needs.	-	- -	10-50	No Data
Voola Bahrain	CryptoWallet, high secure messenger, bank acquiring, StableNFT technology, OS for mobile & smart devices	-	- -	2-10	No Data
Qruzpay Nigeria	Qruzpay is a digital wallet that allows you to store, send, and receive money in a matter of seconds.	-	- -	2-10	No Data
Renmoney Nigeria	Renmoney is a fintech lending company operating on a Microfinance Banking license in Lagos, Nigeria.	-	- -	501-1,000	No Data
DOLLARPESA LTD South Africa	Dollarpesa is a trusted and secure currency exchange platform	-	- -	2-10	No Data
VantagePay South Africa	VantagePay provides white-label payment and technology solutions to the Banking, Telco, Financial Services and Consumer Product Industries.	-	Series A -	11-50	No Data
ME Menthum Egypt	Menthum is an Egypt-based FinTech venture which is devising a digital saving solution that's simple & secure.	-	Pre-seed -	11-50	No Data
MNT-Halan Egypt	MNT-Halan is Egypt’s largest and fastest growing lender to the unbanked.	$989M	Growth Equity -	10,001+	No Data
TymeBank South Africa	TymeBank is a South African fully black-owned and controlled investment company.	$528M	Series D -	51-200	No Data
Moniepoint Nigeria	Moniepoint provides a seamless platform to accept payments digitally, receive credit and access business management tools.	$293M	Series C -	1,001-5,000	No Data
Fawry Egypt	Fawry is the leading Egyptian platform for digital transformation & e-payments	$122M	Private Equity -	251-500	No Data

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