How much funding have BNPL startups in Africa raised?

BNPL startups in Africa have raised $162.3M in disclosed funding.

Who invests in BNPL startups in Africa?

4Di Capital has backed 1 BNPL startup, followed by Abdul Hassan (1) and Africa Startup Initiative (1).

SectorUpdated daily

BNPL startups in Africa

StartupList Africa tracks 48 BNPL startups across Africa, which have raised $162.3M in disclosed funding. Nigeria has the most, with 11, followed by Kenya (7) and South Africa (6).

Companies: 48; in this sector
Avg. Deal Size: $8.5M
Total Funding: $162.3M

GroupFintech & Capital9 sectors

Updated 23 Oct 202648 companiesSource: SLA Startup IndexHow sectors are assigned →Full directory →

All BNPL startups48

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#	Startup	What they do	Last round	Raised	Team
1	Sunshine LoansSouth Africa	Online short-term payday loans from R500 to R4,000 in South Africa	Not disclosed	Not disclosed
2	SeviKenya	Sevi provides a B2B buy now, pay later solution. The Sevi app facilitates buying products/stock/assets on credit and easy repayment.	Venture	Not disclosed	51–200
3	AkawoPayNigeria	Buy-now-pay-later for daily essentials in Nigeria	Not disclosed	Not disclosed
4	PrimePayNigeria	Lagos fintech offering instant loans and buy now, pay later through merchants and agents.	Not disclosed	Not disclosed	11–50
5	PayaKenya	Kenyan finance app for accounts, transfers, online payments and buy now, pay later.	Not disclosed	Not disclosed	2–10
6	WorkBenefitsGhana	Employee benefits platform giving staff earned wage access, pay-monthly rent, shopping and cars, insurance and therapy.	Not disclosed	Not disclosed	11–50
7	BloomDataNigeria	Pay-later access to fuel and electricity in Nigeria, including the FastFuel petrol credit system and clean energy financing.	Not disclosed	Not disclosed	2–10
8	TapNGoSouth Africa	Buy now, pay later service for South African retail shoppers with AI-based credit approvals.	Not disclosed	Not disclosed	2–10
9	KorraNigeria	Customer retention and installment tool giving Nigerian merchants a storefront and a way for buyers to pay over time.	Not disclosed	Not disclosed	2–10
10	Leya LabsCote D'ivoire	Leya Labs: Empowering Africa’s mobile money networks with B2B fintech.	Seed	Not disclosed	51–200
11	CredstoreGhana	Buy-now-pay-later platform in Ghana letting shoppers buy electronics and home goods in monthly installments.	Not disclosed	Not disclosed	2–10
12	X-MallTunisia	Employee shopping platform with buy-now-pay-later over up to 12 months, repaid by payroll deduction, for staff of large companies.	Not disclosed	Not disclosed
13	Laina FinanceTanzania	Buy now, pay later and device financing platform for Tanzanian employees, subscribers and small business owners.	Not disclosed	Not disclosed	11–50
14	FincoCote D'Ivoire	Neobank for Francophone West Africa offering supply chain finance and B2B and B2C buy-now-pay-later.	Not disclosed	Not disclosed
15	Aion SolRwanda	Rwandan agri-fintech offering buy-now-pay-later financing of climate tools to farming cooperatives.	Not disclosed	Not disclosed	2–10
16	AlyaMorocco	Zero-interest buy-now-pay-later that lets Moroccan shoppers split purchases into 2, 3 or 4 instalments at partner merchants.	Not disclosed	Not disclosed
17	WEDDnGOEgypt	Egyptian wedding marketplace app for booking venues, dresses, photographers and more with 16+ payment methods and installments	Not disclosed	Not disclosed
18	LebalmaSenegal	Buy now, pay later platform in Senegal that lets workers, informal earners and companies buy essentials in instalments.	Not disclosed	Not disclosed	11–50
19	CredablyNigeria	Credit infrastructure powering consumer instalments and merchant BNPL in Nigeria on one AI risk engine.	Not disclosed	Not disclosed	2–10
20	WolumaSenegal	Instalment financing that lets small businesses in Senegal buy equipment and pay over 12, 24 or 36 months.	Not disclosed	Not disclosed	2–10

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Frequently asked about BNPL in Africa

How many BNPL startups are there in Africa?: StartupList Africa tracks 48 BNPL startups across Africa.
How much funding have BNPL startups in Africa raised?: BNPL startups in Africa have raised $162.3M in disclosed funding.
Which African countries have the most BNPL startups?: Nigeria has the most, with 11, followed by Kenya (7) and South Africa (6).
Who invests in BNPL startups in Africa?: 4Di Capital has backed 1 BNPL startup, followed by Abdul Hassan (1) and Africa Startup Initiative (1).

Cite this page

StartupList Africa, “BNPL startups in Africa”, updated 23 Oct 2026.

startuplist.africa/industries/bnpl