Consumer Credit Startups in Africa
Overview Powered by AI
Consumer credit is heating up in East Africa, with local fintechs like Money Fellows and Sava grabbing market share. Banks are feeling the pressure to innovate, but they're also wary of the risks. The real story on the ground is that there's a lot of potential, but also a lot of challenges. Local business leaders are excited about the opportunity to reach more customers, but they're also concerned about the regulatory environment and the potential for defaults. Overall, the consumer credit mark...
Cummulative Funding
$44.7M+
Total # of Companies
3
Total Deal Count
11
Total M&A Count
1
Total # of Investors
32
List of Consumer Credit startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Digitizing Collaborative Group Lending and Savings in Egypt | Series B | $ 42,718,000 | 2018 | |
Empowering business growth through tools and credit management. | Pre-seed | $ 2,000,000 | 2021 | |
Specializing in hassle-free consumer credit solutions for Moroccans | Undisclosed | Undisclosed |
Founded
2018
Overview
Digitizing Collaborative Group Lending and Savings in Egypt
Last round
Series B
Total raised
$ 42,718,000
Employee
51-200
Founded
2021
Overview
Empowering business growth through tools and credit management.
Last round
Pre-seed
Total raised
$ 2,000,000
Employee
2-10
Founded
Overview
Specializing in hassle-free consumer credit solutions for Moroccans
Last round
Undisclosed
Total raised
$ 0
Employee
51-200