Financial Inclusion Startups in Africa
Overview Powered by AI
Financial inclusion initiatives are gaining traction, but challenges remain. Local business leaders acknowledge progress by players like Finclusion Group, Alsoug.com, and Asante Financial Services Group in providing financial services to underserved populations. However, infrastructure gaps, regulatory hurdles, and financial literacy hurdles still hinder widespread adoption. Collaboration between governments, financial institutions, and fintechs is crucial to accelerate progress.
Cummulative Funding
$5M+
Total # of Companies
1
Total Deal Count
2
Total M&A Count
0
Total # of Investors
2
List of Financial Inclusion startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Alsoug.com is a Sudanese startup that is launching a new fintech platform to support financial inclusion | Seed | $ 5,000,000 | 2016 |
Founded
2016
Overview
Alsoug.com is a Sudanese startup that is launching a new fintech platform to support financial inclusion
Last round
Seed
Total raised
$ 5,000,000
Employee
11-50