EdFinTech Startups in Africa

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EdFinTech in West Africa is gaining traction, but challenges persist. Payment platforms like Flutterwave enable easier school fee payments, while platforms like Schoolable offer blended learning models. However, infrastructure gaps and regulatory hurdles need to be addressed for wider adoption. Local business leaders see potential, but emphasize the need for tailored solutions that address specific market needs.

Cummulative Funding

$5.1M+

Total # of Companies

2

Total Deal Count

6

Total M&A Count

0

Total # of Investors

10

List of EdFinTech startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Financing and operational support platform helping low‑cost private schools grow and improve education quality.

Debt Financing

$ 5,000,000

2021

2.

Schoolable is a tuition collection service for private k-12 schools in Africa.

Seed

$ 190,000

2018

Founded

2021

Overview

Financing and operational support platform helping low‑cost private schools grow and improve education quality.

Last round

Debt Financing

Total raised

$ 5,000,000

Employee

51-200

Founded

2018

Overview

Schoolable is a tuition collection service for private k-12 schools in Africa.

Last round

Seed

Total raised

$ 190,000

Employee

11-50

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