Cross-border Startups in Africa

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Cross-border payments remain a significant challenge for African businesses, despite the emergence of players like Zepz and Syarpa. Regulations, high fees, and lack of infrastructure continue to hinder seamless transactions. Local business leaders emphasize the need for collaboration among banks, fintechs, and regulators to create a more conducive environment for cross-border trade.

Cummulative Funding

$961.4M+

Total # of Companies

3

Total Deal Count

14

Total M&A Count

0

Total # of Investors

40

List of Cross-border startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Zepz is unlocking the prosperity of cross-border communities through finance and technology.

Series F

$ 960,600,000

2021

2.

Syarpa allows users to send and receive money, pay bills, buy and sell crypto fast and easily

Pre-seed

$ 815,000

2020

3.

DizzitUp is building Africa's first continent wide Fintech powered cross-border Marketplace for products & Decentralised Finance.

Pre-seed

Undisclosed

2018

Zepz

Founded

2021

Overview

Zepz is unlocking the prosperity of cross-border communities through finance and technology.

Last round

Series F

Total raised

$ 960,600,000

Employee

1,001-5,000

Syarpa

Founded

2020

Overview

Syarpa allows users to send and receive money, pay bills, buy and sell crypto fast and easily

Last round

Pre-seed

Total raised

$ 815,000

Employee

11-50

DizzitUp

Founded

2018

Overview

DizzitUp is building Africa's first continent wide Fintech powered cross-border Marketplace for products & Decentralised Finance.

Last round

Pre-seed

Total raised

$ 0

Employee

11-50

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