Cryptocurrency Startups in Africa
Overview Powered by AI
Cryptocurrency is gaining traction in West Africa, driven by rising smartphone adoption and a growing tech-savvy population. Local businesses are exploring digital currency payments for increased convenience and financial inclusion. However, regulatory frameworks remain nascent, and concerns over volatility and fraud persist.
Cummulative Funding
$150M+
Total # of Companies
25
Total Deal Count
49
Total M&A Count
0
Total # of Investors
184
List of Cryptocurrency startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Yellow Card Financial is a digital currency exchange for the cash market. | Series C | $ 89,500,000 | 2016 | |
Bitfxt is the easiest place to buy and sell digital currencies like bitcoin and ethereum. | Venture | $ 15,000,000 | 2016 | |
Cedar Money is simplifying Cross-border Transactions for Businesses in Africa. | Seed | $ 9,900,000 | 2022 | |
Nestcoin builds, operates and invests in crypto-native products for everyday people in frontier markets. | Seed | $ 8,400,000 | 2021 | |
Vibra empowers the world's best crypto enthusiasts and newbies to effortlessly go from zero to master | Pre-Series A | $ 6,000,000 | 2021 | |
Busha is a Nigerian based Financial Service platform where users can trade and exchange cryptocurrencies. | Seed | $ 4,200,000 | 2018 | |
Canza Finance is providing access to financial services to the financially underserved masses in Africa | Seed | $ 3,480,000 | 2019 | |
Metaverse Magna is an Africa-focused blockchain gaming platform | Seed | $ 3,200,000 | 2021 | |
Bitmama is a Nigerian crypto trading platform that allows faster, eaiser and cheaper exchange of cryptocurrencies in Africa. | Pre-seed | $ 2,451,000 | 2016 | |
Afropolitan is creating a Digital Nation to enable all Africans to build abundant lives. | Pre-seed | $ 2,100,000 | 2022 | |
Egoras is a Nigerian startup provides uncollateralised micro-credit to small entrepreneurs. | Private Equity | $ 1,300,000 | 2019 | |
Hashgreed is Africaβs first NFT Marketplace for creative, commerce and asset tokenization | Seed | $ 1,000,000 | 2021 | |
Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment. | Funding Round | $ 850,000 | 2018 | |
Syarpa allows users to send and receive money, pay bills, buy and sell crypto fast and easily | Pre-seed | $ 815,000 | 2020 | |
Stakefair is a Decentralized Finance (DeFi) company that is expected to disrupt the Real-Money Gaming industry | Pre-seed | $ 670,000 | 2021 | |
Payourse is accelerating the adoption of crypto in Africa by providing tools for businesses to build user-friendly crypto products. | Seed | $ 600,000 | 2019 | |
Bundle Africa is a Mobile App that allows users to request, send and receive cash or crypto from their peers. | Pre-seed | $ 450,000 | 2019 | |
Flux is a Nigerian mobile payments platform for accessing a wide range range of financial services using Cryptocurrency. | Seed | $ 125,000 | 2019 | |
Lopeer is a peer-to-peer Crypto Exchange, Wallet & DeFi app that enables you to buy & sell cryptocurrencies & much more! | Undisclosed | Undisclosed | 2021 | |
Fliqpay is a cross-border payment network that helps banks and financial institutions settle payments instantly through crypto. | Pre-seed | Undisclosed | 2019 |
Founded
2016
Overview
Yellow Card Financial is a digital currency exchange for the cash market.
Last round
Series C
Total raised
$ 89,500,000
Employee
11β50
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
Founded
2022
Overview
Cedar Money is simplifying Cross-border Transactions for Businesses in Africa.
Last round
Seed
Total raised
$ 9,900,000
Employee
11-50
Founded
2021
Overview
Nestcoin builds, operates and invests in crypto-native products for everyday people in frontier markets.
Last round
Seed
Total raised
$ 8,400,000
Employee
11-50
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
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
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
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
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
Founded
2021
Overview
Hashgreed is Africaβs first NFT Marketplace for creative, commerce and asset tokenization
Last round
Seed
Total raised
$ 1,000,000
Employee
11-50
Founded
2018
Overview
Jamborow is a B2B AI and Blockchain driven fintech platform focused on financial inclusion and grassroot empowerment.
Last round
Funding Round
Total raised
$ 850,000
Employee
2-10
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
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
Founded
2019
Overview
Payourse is accelerating the adoption of crypto in Africa by providing tools for businesses to build user-friendly crypto products.
Last round
Seed
Total raised
$ 600,000
Employee
2-10
Founded
2019
Overview
Bundle Africa is a Mobile App that allows users to request, send and receive cash or crypto from their peers.
Last round
Pre-seed
Total raised
$ 450,000
Employee
11-50
Founded
2019
Overview
Flux is a Nigerian mobile payments platform for accessing a wide range range of financial services using Cryptocurrency.
Last round
Seed
Total raised
$ 125,000
Employee
2-10
Founded
2021
Overview
Lopeer is a peer-to-peer Crypto Exchange, Wallet & DeFi app that enables you to buy & sell cryptocurrencies & much more!
Last round
Undisclosed
Total raised
$ 0
Employee
2-10
Founded
2019
Overview
Fliqpay is a cross-border payment network that helps banks and financial institutions settle payments instantly through crypto.
Last round
Pre-seed
Total raised
$ 0
Employee
11-50