Blockchain Startups in Africa
Overview Powered by AI
Blockchain adoption in East Africa is gaining traction, driven by increased recognition of its potential for financial inclusion, enhanced security, and streamlined processes. Local business leaders are cautiously optimistic, exploring use cases in supply chain management, cross-border remittances, and digital identity. Players like H2O Securities, VALR, and Scorefam are leading the way, providing accessible platforms for investors and businesses.
Cummulative Funding
$625.5M+
Total # of Companies
82
Total Deal Count
142
Total M&A Count
5
Total # of Investors
370
List of Blockchain startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
H2O Securities is Solving Water Scarcity Through Blockchain Finance | Initial Coin Offering | $ 150,000,000 | 2021 | |
Conduit enables businesses to simply and cheaply move money between Latin America, Africa, China and the US at scale. | Series A | $ 59,000,000 | 2024 | |
VALR bridges the gap between our traditional financial system and the new world of cryptocurrencies. | Series B | $ 54,900,000 | 2018 | |
Jambo is a Congo-based firm that is creating Africaβs web3 user acquisition gateway. | Series A | $ 37,500,000 | 2021 | |
Scorefam is a Play to Earn & NFT- based Sports Gaming Platform powered by $SFT | Initial Coin Offering | $ 25,000,000 | 2020 | |
Kredete is a FinTech platform focused on enabling African immigrants to build credit scores and send money back home, | Series A | $ 24,815,000 | 2023 | |
OneWattSolar is a Nigerian FinTech startup that delivers Tokenized Digital 24/7 Electricity. | Funding Round | $ 24,400,000 | 2017 | |
Pyypl is a blockchain technology-based fintech providing digital payments and financial services for smartphone users. | Series A | $ 11,000,000 | 2017 | |
The Sun Exchange is a blockchain based solar panel micro-leasing marketplace that enables anyone anywhere to own and earn from solar panels. | Convertible Note | $ 10,490,000 | 2015 | |
Ejara is a platform allowing French-speaking Africa to access various affordable investment offers: fractional shares, crypto and more. | Series A | $ 10,000,000 | 2020 | |
Zone (formerely Appzone) is a regulated blockchain network that enables payments and acceptance of digital currencies. | Seed | $ 8,500,000 | 2022 | |
Nestcoin builds, operates and invests in crypto-native products for everyday people in frontier markets. | Seed | $ 8,400,000 | 2021 | |
Fonbnk is a new distributed finance company enabling a frictionless, financial onramp for emerging markets. | Seed | $ 5,120,000 | 2019 | |
HoneyCoin is building tools to help people move & spend money anywhere, affordably and at the speed of the internet. | Seed | $ 5,050,000 | 2020 | |
NFTfi is a simple marketplace for NFT collateralized loans. | Seed | $ 5,000,000 | 2017 | |
Cauridor integrates and aggregates all mobile money companies and banks in Africa to enable interoperable cross-border payments. | Seed | $ 3,500,000 | 2022 | |
Canza Finance is providing access to financial services to the financially underserved masses in Africa | Seed | $ 3,480,000 | 2019 | |
Metaverse Magna is an Africa-focused blockchain gaming platform | Seed | $ 3,200,000 | 2021 | |
Munify is a cross-border neobank designed to give Egyptians abroad a faster, cheaper way to send money home. | Seed | $ 3,000,000 | 2025 | |
Earn cash from playing your favorite AAA+ games with Skrmiish | Seed | $ 2,500,000 | 2018 |
Founded
2021
Overview
H2O Securities is Solving Water Scarcity Through Blockchain Finance
Last round
Initial Coin Offering
Total raised
$ 150,000,000
Employee
11-50
Founded
2024
Overview
Conduit enables businesses to simply and cheaply move money between Latin America, Africa, China and the US at scale.
Last round
Series A
Total raised
$ 59,000,000
Employee
11-50
Founded
2018
Overview
VALR bridges the gap between our traditional financial system and the new world of cryptocurrencies.
Last round
Series B
Total raised
$ 54,900,000
Employee
2-10
Founded
2021
Overview
Jambo is a Congo-based firm that is creating Africaβs web3 user acquisition gateway.
Last round
Series A
Total raised
$ 37,500,000
Employee
2-10
Founded
2020
Overview
Scorefam is a Play to Earn & NFT- based Sports Gaming Platform powered by $SFT
Last round
Initial Coin Offering
Total raised
$ 25,000,000
Employee
11-50
Founded
2023
Overview
Kredete is a FinTech platform focused on enabling African immigrants to build credit scores and send money back home,
Last round
Series A
Total raised
$ 24,815,000
Employee
11-50
Founded
2017
Overview
OneWattSolar is a Nigerian FinTech startup that delivers Tokenized Digital 24/7 Electricity.
Last round
Funding Round
Total raised
$ 24,400,000
Employee
501-1,000
Founded
2017
Overview
Pyypl is a blockchain technology-based fintech providing digital payments and financial services for smartphone users.
Last round
Series A
Total raised
$ 11,000,000
Employee
51-200
Founded
2015
Overview
The Sun Exchange is a blockchain based solar panel micro-leasing marketplace that enables anyone anywhere to own and earn from solar panels.
Last round
Convertible Note
Total raised
$ 10,490,000
Employee
2-10
Founded
2020
Overview
Ejara is a platform allowing French-speaking Africa to access various affordable investment offers: fractional shares, crypto and more.
Last round
Series A
Total raised
$ 10,000,000
Employee
2-10
Founded
2022
Overview
Zone (formerely Appzone) is a regulated blockchain network that enables payments and acceptance of digital currencies.
Last round
Seed
Total raised
$ 8,500,000
Employee
51-200
Founded
2021
Overview
Nestcoin builds, operates and invests in crypto-native products for everyday people in frontier markets.
Last round
Seed
Total raised
$ 8,400,000
Employee
11-50
Founded
2019
Overview
Fonbnk is a new distributed finance company enabling a frictionless, financial onramp for emerging markets.
Last round
Seed
Total raised
$ 5,120,000
Employee
2-10
Founded
2020
Overview
HoneyCoin is building tools to help people move & spend money anywhere, affordably and at the speed of the internet.
Last round
Seed
Total raised
$ 5,050,000
Employee
11-50
Founded
2017
Overview
NFTfi is a simple marketplace for NFT collateralized loans.
Last round
Seed
Total raised
$ 5,000,000
Employee
2-10
Founded
2022
Overview
Cauridor integrates and aggregates all mobile money companies and banks in Africa to enable interoperable cross-border payments.
Last round
Seed
Total raised
$ 3,500,000
Employee
201-500
Founded
2019
Overview
Canza Finance is providing access to financial services to the financially underserved masses in Africa
Last round
Seed
Total raised
$ 3,480,000
Employee
11-50
Founded
2021
Overview
Metaverse Magna is an Africa-focused blockchain gaming platform
Last round
Seed
Total raised
$ 3,200,000
Employee
11-50
Founded
2025
Overview
Munify is a cross-border neobank designed to give Egyptians abroad a faster, cheaper way to send money home.
Last round
Seed
Total raised
$ 3,000,000
Employee
2-10
Founded
2018
Overview
Earn cash from playing your favorite AAA+ games with Skrmiish
Last round
Seed
Total raised
$ 2,500,000
Employee
11-50