Digital Payments Startups in Africa

Overview Powered by AI

Digital payments are gaining traction in East Africa, fueled by mobile money platforms and a growing tech-savvy population. Kotani Pay is a major player, but competition is increasing. Business leaders are optimistic about the potential to drive financial inclusion and boost economic growth through digital payments.

Cummulative Funding

$100K+

Total # of Companies

3

Total Deal Count

3

Total M&A Count

1

Total # of Investors

4

List of Digital Payments startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Kotani Pay enables blockchain protocols, dapps and blockchain fintech companies to integrate seamlessly to local payment channels in Africa.

Grant

$ 100,000

2021

2.

SwitchPay is an alternative payment provider offering both merchants and consumers a new way to pay.

Undisclosed

Undisclosed

2018

3.

KlickIt is a payment management and digital collection platform aiming to digitize payment services

Seed

Undisclosed

2017

Founded

2021

Overview

Kotani Pay enables blockchain protocols, dapps and blockchain fintech companies to integrate seamlessly to local payment channels in Africa.

Last round

Grant

Total raised

$ 100,000

Employee

2-10

SwitchPay

Founded

2018

Overview

SwitchPay is an alternative payment provider offering both merchants and consumers a new way to pay.

Last round

Undisclosed

Total raised

$ 0

Employee

11-50

Klickit

Founded

2017

Overview

KlickIt is a payment management and digital collection platform aiming to digitize payment services

Last round

Seed

Total raised

$ 0

Employee

11-50

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