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
$5.2M+
Total # of Companies
5
Total Deal Count
15
Total M&A Count
1
Total # of Investors
31
List of Digital Payments startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Kotani Pay enables blockchain protocols, dapps and blockchain fintech companies to integrate seamlessly to local payment channels in Africa. | Corporate | $ 4,235,000 | 2021 | |
SAPay digitizes South Africa’s taxi fares with secure cashless payments, boosting efficiency, safety, and inclusion. | Seed | $ 1,000,000 | 2022 | |
YMO is a Guinean fintech startup revolutionizing digital payments across West Africa and its diaspora. | Grant | $ 5,000 | 2019 | |
SwitchPay is an alternative payment provider offering both merchants and consumers a new way to pay. | Undisclosed | Undisclosed | 2018 | |
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
Corporate
Total raised
$ 4,235,000
Employee
2-10
Founded
2022
Overview
SAPay digitizes South Africa’s taxi fares with secure cashless payments, boosting efficiency, safety, and inclusion.
Last round
Seed
Total raised
$ 1,000,000
Employee
11-50
Founded
2019
Overview
YMO is a Guinean fintech startup revolutionizing digital payments across West Africa and its diaspora.
Last round
Grant
Total raised
$ 5,000
Employee
11-50
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
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