Consumer Finance Startups in Africa

Overview Powered by AI

Consumer finance is gaining traction, especially post-COVID. Buy now, pay later services like valU are popular, as they offer accessible credit to underserved consumers. However, regulation is still catching up, creating both opportunities and challenges for players in this space.

Cummulative Funding

$191.7M+

Total # of Companies

2

Total Deal Count

12

Total M&A Count

0

Total # of Investors

13

List of Consumer Finance startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

valU is a Buy-Now, Pay-Later lifestyle enabling solution which empowers customers' shopping experience.

Post-IPO Debt

$ 191,580,387

2017

2.

MyStocks.Africa is a B2C fintech platform giving retail investors access to live stock data and trading.

Non-equity Assistance

$ 125,000

2023

valU

Founded

2017

Overview

valU is a Buy-Now, Pay-Later lifestyle enabling solution which empowers customers' shopping experience.

Last round

Post-IPO Debt

Total raised

$ 191,580,387

Employee

201-500

Founded

2023

Overview

MyStocks.Africa is a B2C fintech platform giving retail investors access to live stock data and trading.

Last round

Non-equity Assistance

Total raised

$ 125,000

Employee

1-10

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