Cryptocurrency Startups in Africa

Step into the thriving world of Cryptocurrency startups in Africa, where innovators are rewriting the rules and redefining what's possible. Our carefully curated list is your passport to explore the trailblazers who are shaping this dynamic sector. Discover their bold solutions, game-changing products, and out-of-the-box thinking as they forge new paths in Cryptocurrency.

Cummulative Funding

$189.9M+

Total # of Companies

42

Total Deal Count

70

Total M&A Count

0

Total # of Investors

222

List of Cryptocurrency startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Yellow Card Financial is a digital currency exchange for the cash market.

Series B

$ 56,500,000

2016

2.

VALR bridges the gap between our traditional financial system and the new world of cryptocurrencies.

Series B

$ 54,900,000

2018

3.

Bitfxt is the easiest place to buy and sell digital currencies like bitcoin and ethereum.

Venture

$ 15,000,000

2016

4.

Ejara is a platform allowing French-speaking Africa to access various affordable investment offers: fractional shares, crypto and more.

Series A

$ 10,000,000

2020

5.

Nestcoin builds, operates and invests in crypto-native products for everyday people in frontier markets.

Pre-seed

$ 6,500,000

2021

6.

Vibra empowers the world's best crypto enthusiasts and newbies to effortlessly go from zero to master

Pre-Series A

$ 6,000,000

2021

7.

NFTfi is a simple marketplace for NFT collateralized loans.

Seed

$ 5,000,000

2017

8.

Revix is a South African cryptocurrency investment platform which allows users to create a diversified portfolio of top cryptocurrencies

Grant

$ 5,000,000

2018

9.

SOL Wallet is the easiest way to pay and get paid, to spend, send or save your money.

Seed

$ 4,300,000

2017

10.

Busha is a Nigerian based Financial Service platform where users can trade and exchange cryptocurrencies.

Seed

$ 4,200,000

2018

11.

Canza Finance is providing access to financial services to the financially underserved masses in Africa

Seed

$ 3,480,000

2019

12.

Metaverse Magna is an Africa-focused blockchain gaming platform

Seed

$ 3,200,000

2021

13.

Bitmama is a Nigerian crypto trading platform that allows faster, eaiser and cheaper exchange of cryptocurrencies in Africa.

Pre-seed

$ 2,451,000

2016

14.

Centbee is the easiest way to store, spend and send Bitcoin SV safely on your mobile phone

Seed

$ 2,237,210

2017

15.

Afropolitan is creating a Digital Nation to enable all Africans to build abundant lives.

Pre-seed

$ 2,100,000

2022

16.

Gridless deploys distributed, run-of-river hydroelectric bitcoin mining to accelerate the electrification of rural Africa and decentralize.

Seed

$ 2,000,000

2022

17.

Egoras is a Nigerian startup provides uncollateralised micro-credit to small entrepreneurs.

Private Equity

$ 1,300,000

2019

18.

Hashgreed is Africa’s first NFT Marketplace for creative, commerce and asset tokenization

Seed

$ 1,000,000

2021

19.

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

Pre-seed

$ 815,000

2020

20.

Stakefair is a Decentralized Finance (DeFi) company that is expected to disrupt the Real-Money Gaming industry

Pre-seed

$ 670,000

2021

Founded

2016

Overview

Yellow Card Financial is a digital currency exchange for the cash market.

Last round

Series B

Total raised

$ 56,500,000

Employee

11–50

VALR

Founded

2018

Overview

VALR bridges the gap between our traditional financial system and the new world of cryptocurrencies.

Last round

Series B

Total raised

$ 54,900,000

Employee

2-10

Bitfxt

Founded

2016

Overview

Bitfxt is the easiest place to buy and sell digital currencies like bitcoin and ethereum.

Last round

Venture

Total raised

$ 15,000,000

Employee

2-10

Ejara

Founded

2020

Overview

Ejara is a platform allowing French-speaking Africa to access various affordable investment offers: fractional shares, crypto and more.

Last round

Series A

Total raised

$ 10,000,000

Employee

2-10

Nestcoin

Founded

2021

Overview

Nestcoin builds, operates and invests in crypto-native products for everyday people in frontier markets.

Last round

Pre-seed

Total raised

$ 6,500,000

Employee

11-50

VIBRA

Founded

2021

Overview

Vibra empowers the world's best crypto enthusiasts and newbies to effortlessly go from zero to master

Last round

Pre-Series A

Total raised

$ 6,000,000

Employee

11-50

NFTfi

Founded

2017

Overview

NFTfi is a simple marketplace for NFT collateralized loans.

Last round

Seed

Total raised

$ 5,000,000

Employee

2-10

Revix

Founded

2018

Overview

Revix is a South African cryptocurrency investment platform which allows users to create a diversified portfolio of top cryptocurrencies

Last round

Grant

Total raised

$ 5,000,000

Employee

2-10

Founded

2017

Overview

SOL Wallet is the easiest way to pay and get paid, to spend, send or save your money.

Last round

Seed

Total raised

$ 4,300,000

Employee

11-50

Busha

Founded

2018

Overview

Busha is a Nigerian based Financial Service platform where users can trade and exchange cryptocurrencies.

Last round

Seed

Total raised

$ 4,200,000

Employee

2-10

Founded

2019

Overview

Canza Finance is providing access to financial services to the financially underserved masses in Africa

Last round

Seed

Total raised

$ 3,480,000

Employee

11-50

Founded

2021

Overview

Metaverse Magna is an Africa-focused blockchain gaming platform

Last round

Seed

Total raised

$ 3,200,000

Employee

11-50

Bitmama

Founded

2016

Overview

Bitmama is a Nigerian crypto trading platform that allows faster, eaiser and cheaper exchange of cryptocurrencies in Africa.

Last round

Pre-seed

Total raised

$ 2,451,000

Employee

11-50

Centbee

Founded

2017

Overview

Centbee is the easiest way to store, spend and send Bitcoin SV safely on your mobile phone

Last round

Seed

Total raised

$ 2,237,210

Employee

1-10

Founded

2022

Overview

Afropolitan is creating a Digital Nation to enable all Africans to build abundant lives.

Last round

Pre-seed

Total raised

$ 2,100,000

Employee

2-10

Gridless

Founded

2022

Overview

Gridless deploys distributed, run-of-river hydroelectric bitcoin mining to accelerate the electrification of rural Africa and decentralize.

Last round

Seed

Total raised

$ 2,000,000

Employee

11-50

Egoras

Founded

2019

Overview

Egoras is a Nigerian startup provides uncollateralised micro-credit to small entrepreneurs.

Last round

Private Equity

Total raised

$ 1,300,000

Employee

11-50

Hashgreed

Founded

2021

Overview

Hashgreed is Africa’s first NFT Marketplace for creative, commerce and asset tokenization

Last round

Seed

Total raised

$ 1,000,000

Employee

11-50

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

Stakefair

Founded

2021

Overview

Stakefair is a Decentralized Finance (DeFi) company that is expected to disrupt the Real-Money Gaming industry

Last round

Pre-seed

Total raised

$ 670,000

Employee

11-50

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