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
$89M+
Total # of Companies
29
Total Deal Count
61
Total M&A Count
1
Total # of Investors
182
List of Blockchain startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Scorefam is a Play to Earn & NFT- based Sports Gaming Platform powered by $SFT | Initial Coin Offering | $ 25,000,000 | 2020 | |
OneWattSolar is a Nigerian FinTech startup that delivers Tokenized Digital 24/7 Electricity. | Funding Round | $ 24,400,000 | 2017 | |
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. | Pre-seed | $ 6,500,000 | 2021 | |
Fonbnk is a new distributed finance company enabling a frictionless, financial onramp for emerging markets. | Seed | $ 5,120,000 | 2019 | |
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 | |
Kredete is a FinTech platform focused on enabling African immigrants to build credit scores and send money back home, | Seed | $ 2,815,000 | 2023 | |
Bitmama is a Nigerian crypto trading platform that allows faster, eaiser and cheaper exchange of cryptocurrencies in Africa. | Pre-seed | $ 2,451,000 | 2016 | |
Afropolitan is creating a Digital Nation to enable all Africans to build abundant lives. | Pre-seed | $ 2,100,000 | 2022 | |
Revolutionizing creative industries in emerging markets through blockchain technology. | Pre-seed | $ 1,400,000 | 2021 | |
Hashgreed is Africaβs first NFT Marketplace for creative, commerce and asset tokenization | Seed | $ 1,000,000 | 2021 | |
Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment. | Funding Round | $ 850,000 | 2018 | |
Stakefair is a Decentralized Finance (DeFi) company that is expected to disrupt the Real-Money Gaming industry | Pre-seed | $ 670,000 | 2021 | |
Payourse is accelerating the adoption of crypto in Africa by providing tools for businesses to build user-friendly crypto products. | Seed | $ 600,000 | 2019 | |
HouseAfrica is leveraging Blockchain and Map technologies to make it easier for buyers very the authenticity of the lands | Seed | $ 525,000 | 2019 | |
Storspay is a Nigerian FinTech building decentralised retail lending infrastructure for the internet (the Stripe for retail lending). | Pre-seed | $ 320,000 | 2022 | |
Vesicash is an instant digital escrow service built on a proprietary payment technology that ensures you transact safely at all times. | Seed | $ 100,000 | 2018 | |
Chekkit is a Nigerian blockchain powered anti-counterfeiting solution for food and drug supply chain tracking. | Seed | $ 50,000 | 2018 | |
CARMA is a Credit Data Marketplace startup which enables credit data for lenders in markets underserved by credit bureaus. | Series A | Undisclosed | 2020 |
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
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
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
Pre-seed
Total raised
$ 6,500,000
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
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
2023
Overview
Kredete is a FinTech platform focused on enabling African immigrants to build credit scores and send money back home,
Last round
Seed
Total raised
$ 2,815,000
Employee
11-50
Founded
2016
Overview
Bitmama is a Nigerian crypto trading platform that allows faster, eaiser and cheaper exchange of cryptocurrencies in Africa.
Last round
Pre-seed
Total raised
$ 2,451,000
Employee
11-50
Founded
2022
Overview
Afropolitan is creating a Digital Nation to enable all Africans to build abundant lives.
Last round
Pre-seed
Total raised
$ 2,100,000
Employee
2-10
Founded
2021
Overview
Revolutionizing creative industries in emerging markets through blockchain technology.
Last round
Pre-seed
Total raised
$ 1,400,000
Employee
2-10
Founded
2021
Overview
Hashgreed is Africaβs first NFT Marketplace for creative, commerce and asset tokenization
Last round
Seed
Total raised
$ 1,000,000
Employee
11-50
Founded
2018
Overview
Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment.
Last round
Funding Round
Total raised
$ 850,000
Employee
2-10
Founded
2021
Overview
Stakefair is a Decentralized Finance (DeFi) company that is expected to disrupt the Real-Money Gaming industry
Last round
Pre-seed
Total raised
$ 670,000
Employee
11-50
Founded
2019
Overview
Payourse is accelerating the adoption of crypto in Africa by providing tools for businesses to build user-friendly crypto products.
Last round
Seed
Total raised
$ 600,000
Employee
2-10
Founded
2019
Overview
HouseAfrica is leveraging Blockchain and Map technologies to make it easier for buyers very the authenticity of the lands
Last round
Seed
Total raised
$ 525,000
Employee
11-50
Founded
2022
Overview
Storspay is a Nigerian FinTech building decentralised retail lending infrastructure for the internet (the Stripe for retail lending).
Last round
Pre-seed
Total raised
$ 320,000
Employee
2-10
Founded
2018
Overview
Vesicash is an instant digital escrow service built on a proprietary payment technology that ensures you transact safely at all times.
Last round
Seed
Total raised
$ 100,000
Employee
1-10
Founded
2018
Overview
Chekkit is a Nigerian blockchain powered anti-counterfeiting solution for food and drug supply chain tracking.
Last round
Seed
Total raised
$ 50,000
Employee
11-50
Founded
2020
Overview
CARMA is a Credit Data Marketplace startup which enables credit data for lenders in markets underserved by credit bureaus.
Last round
Series A
Total raised
$ 0
Employee
2-10