Credit Scoring Startups in Africa

Overview Powered by AI

Credit scoring gaining traction, but data quality remains a challenge. Lenders cautious due to limited credit history and high informality. Local biz leaders optimistic, seeing potential for increased financial inclusion and SME growth.

Cummulative Funding

$74.5M+

Total # of Companies

3

Total Deal Count

10

Total M&A Count

0

Total # of Investors

10

List of Credit Scoring startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Fintech lender empowering individuals and MSMEs with digital financial access.

Debt Financing

$ 74,500,000

2014

2.

Fintech turning alternative consumer and MSME data into credit‑intelligence tools for financial institutions.

Pre-seed

$ 50,000

2022

3.

Reliable financial profiles for Ugandan MSMEs through formal business solutions

Funding Round

Undisclosed

2016

Founded

2014

Overview

Fintech lender empowering individuals and MSMEs with digital financial access.

Last round

Debt Financing

Total raised

$ 74,500,000

Employee

51-200

Founded

2022

Overview

Fintech turning alternative consumer and MSME data into credit‑intelligence tools for financial institutions.

Last round

Pre-seed

Total raised

$ 50,000

Employee

11-50

ChapChap

Founded

2016

Overview

Reliable financial profiles for Ugandan MSMEs through formal business solutions

Last round

Funding Round

Total raised

$ 0

Employee

11-50

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