BNPL Startups in Africa
Overview Powered by AI
BNPL's traction in Africa lags behind other markets due to limited infrastructure and consumer awareness. Local business leaders are cautious, citing regulatory concerns and the need for tailored solutions to suit local needs. Key players like Blnk, Klump, and Swipe face challenges in building sustainable revenue models.
Cummulative Funding
$33.5M+
Total # of Companies
7
Total Deal Count
6
Total M&A Count
0
Total # of Investors
21
List of BNPL startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Blnk is a fintech company with a mission of enabling inclusion through point-of-sale financing. | Debt Financing | $ 32,000,000 | 2020 | |
Klump is a Buy Now, Pay Later product offering alternative checkout and in-store loans to customers and businesses. | Pre-seed | $ 780,000 | 2021 | |
At Swipe, our mission is to drive credit card adoption in Africa through our Cards as a Service (CAAS) solution | Pre-seed | $ 650,000 | 2018 | |
ProXalys is a flagship African platform specializing in sales with installment and deferred payment. | Pre-seed | $ 150,000 | 2020 | |
PayingTone is a marketplace that provides ecologically trackable products & services on credit. | Undisclosed | Undisclosed | 2018 | |
CentWise is bridging the funding gap for the millions of micro traders in Africa by derisking them through group-based collateral substitution. | Undisclosed | Undisclosed | 2021 | |
Aspira is a Kenyan platform that allows customers to buy their dream products now and pay later in easy monthly installments. | Undisclosed | Undisclosed | 2017 |
Founded
2020
Overview
Blnk is a fintech company with a mission of enabling inclusion through point-of-sale financing.
Last round
Debt Financing
Total raised
$ 32,000,000
Employee
51-200
Founded
2021
Overview
Klump is a Buy Now, Pay Later product offering alternative checkout and in-store loans to customers and businesses.
Last round
Pre-seed
Total raised
$ 780,000
Employee
2-10
Founded
2018
Overview
At Swipe, our mission is to drive credit card adoption in Africa through our Cards as a Service (CAAS) solution
Last round
Pre-seed
Total raised
$ 650,000
Employee
11-50
Founded
2020
Overview
ProXalys is a flagship African platform specializing in sales with installment and deferred payment.
Last round
Pre-seed
Total raised
$ 150,000
Employee
11-50
Founded
2018
Overview
PayingTone is a marketplace that provides ecologically trackable products & services on credit.
Last round
Undisclosed
Total raised
$ 0
Employee
2-10
Founded
2021
Overview
CentWise is bridging the funding gap for the millions of micro traders in Africa by derisking them through group-based collateral substitution.
Last round
Undisclosed
Total raised
$ 0
Employee
2-10
Founded
2017
Overview
Aspira is a Kenyan platform that allows customers to buy their dream products now and pay later in easy monthly installments.
Last round
Undisclosed
Total raised
$ 0
Employee
11-50