Decentralized Finance Startups in Africa

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In Southern Africa, DeFi is gaining traction as players like Zone emerge. While there's excitement, adoption remains slow due to regulatory uncertainty, lack of infrastructure, and limited crypto literacy. Local business leaders cautiously observe, waiting for clearer regulatory guidance and increased public awareness.

Cummulative Funding

$8.5M+

Total # of Companies

1

Total Deal Count

1

Total M&A Count

0

Total # of Investors

6

List of Decentralized Finance startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Zone (formerely Appzone) is a regulated blockchain network that enables payments and acceptance of digital currencies.

Seed

$ 8,500,000

2022

Zone

Founded

2022

Overview

Zone (formerely Appzone) is a regulated blockchain network that enables payments and acceptance of digital currencies.

Last round

Seed

Total raised

$ 8,500,000

Employee

51-200

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