FinTech Startups in Africa
Step into the thriving world of FinTech startups in Africa, where innovators are rewriting the rules and redefining what's possible. Our carefully curated list is your passport to explore the trailblazers who are shaping this dynamic sector. Discover their bold solutions, game-changing products, and out-of-the-box thinking as they forge new paths in FinTech.
Cummulative Funding
$16.3B+
Total # of Companies
684
Total Deal Count
1651
Total M&A Count
40
Total # of Investors
2521
List of FinTech startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Tabby creates financial freedom in the way people shop, earn and save by reshaping their relationship with money. | Debt Financing | $ 1,744,000,000 | 2019 | |
Zepz is unlocking the prosperity of cross-border communities through finance and technology. | Series F | $ 960,600,000 | 2021 | |
MNT-Halan is Egypt’s largest and fastest growing lender to the unbanked. | Venture | $ 827,500,000 | 2018 | |
OPay empowers users and enables them to accomplish more with their money by providing smart financial services. | Series C | $ 570,000,000 | 2018 | |
The easiest way to make and accept payments from customers anywhere in the world. | Series D | $ 484,625,000 | 2016 | |
Moove is a Nigerian mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs across Africa. | Series B | $ 447,200,000 | 2019 | |
Tala is a financial technology company on a mission to build a financial system that works for everyone. | Series E | $ 349,439,700 | 2011 | |
Chipper cash is the largest mobile cross-border money transfer platform in Africa. | Series C | $ 302,200,000 | 2017 | |
Wave Mobile Money is a Senegalese startup which provides an app-based financial solution to save, transfer, and borrow money. | Debt Financing | $ 291,500,000 | 2017 | |
TymeBank is a South African fully black-owned and controlled investment company. | Series C | $ 268,909,182 | 2012 | |
JUMO is a technology platform, developed for building and running financial services. | Venture | $ 266,700,000 | 2014 | |
Bayport Management Limited, through its subsidiaries, provides retail financial services in the Republic of Mauritius and internationally. | Private Equity | $ 263,000,000 | 2001 | |
TerraPay simplifies global money movement – by providing a single connection to the most expansive cross-border payments network. | Debt Financing | $ 248,400,000 | 2014 | |
Cross-border, cross-currency, cross-network payments. | Debt Financing | $ 215,200,000 | 2009 | |
Thunes is a B2B company that powers payments for the world’s fastest-growing businesses. | Series C | $ 202,000,000 | 2016 | |
The Enterprise Group gives you a range of products for any life and non-life insurance, as well as pension needs. | Private Equity | $ 180,000,000 | 2008 | |
PalmPay is a simple and secure payment app that give rewards. | Series A | $ 140,000,000 | 2019 | |
Fawry is the leading Egyptian platform for digital transformation & e-payments | Private Equity | $ 122,000,000 | 2008 | |
Interswitch is an Africa-focused integrated digital payments and commerce company. | Private Equity | $ 120,500,000 | 2002 | |
Yoco is a point-of-sale payments provider for small businesses in Africa. | Series C | $ 106,100,000 | 2013 |
Founded
2019
Overview
Tabby creates financial freedom in the way people shop, earn and save by reshaping their relationship with money.
Last round
Debt Financing
Total raised
$ 1,744,000,000
Employee
51-200
Founded
2021
Overview
Zepz is unlocking the prosperity of cross-border communities through finance and technology.
Last round
Series F
Total raised
$ 960,600,000
Employee
1,001-5,000
Founded
2018
Overview
MNT-Halan is Egypt’s largest and fastest growing lender to the unbanked.
Last round
Venture
Total raised
$ 827,500,000
Employee
10,001+
Founded
2018
Overview
OPay empowers users and enables them to accomplish more with their money by providing smart financial services.
Last round
Series C
Total raised
$ 570,000,000
Employee
201-500
Founded
2016
Overview
The easiest way to make and accept payments from customers anywhere in the world.
Last round
Series D
Total raised
$ 484,625,000
Employee
151-200
Founded
2019
Overview
Moove is a Nigerian mobility fintech that provides revenue-based vehicle financing to mobility entrepreneurs across Africa.
Last round
Series B
Total raised
$ 447,200,000
Employee
51-200
Founded
2011
Overview
Tala is a financial technology company on a mission to build a financial system that works for everyone.
Last round
Series E
Total raised
$ 349,439,700
Employee
501-1,000
Founded
2017
Overview
Chipper cash is the largest mobile cross-border money transfer platform in Africa.
Last round
Series C
Total raised
$ 302,200,000
Employee
11-50
Founded
2017
Overview
Wave Mobile Money is a Senegalese startup which provides an app-based financial solution to save, transfer, and borrow money.
Last round
Debt Financing
Total raised
$ 291,500,000
Employee
501-1,000
Founded
2012
Overview
TymeBank is a South African fully black-owned and controlled investment company.
Last round
Series C
Total raised
$ 268,909,182
Employee
51-200
Founded
2014
Overview
JUMO is a technology platform, developed for building and running financial services.
Last round
Venture
Total raised
$ 266,700,000
Employee
201-500
Founded
2001
Overview
Bayport Management Limited, through its subsidiaries, provides retail financial services in the Republic of Mauritius and internationally.
Last round
Private Equity
Total raised
$ 263,000,000
Employee
501-1000
Founded
2014
Overview
TerraPay simplifies global money movement – by providing a single connection to the most expansive cross-border payments network.
Last round
Debt Financing
Total raised
$ 248,400,000
Employee
501-1,000
Founded
2009
Overview
Cross-border, cross-currency, cross-network payments.
Last round
Debt Financing
Total raised
$ 215,200,000
Employee
51-100
Founded
2016
Overview
Thunes is a B2B company that powers payments for the world’s fastest-growing businesses.
Last round
Series C
Total raised
$ 202,000,000
Employee
201-500
Founded
2008
Overview
The Enterprise Group gives you a range of products for any life and non-life insurance, as well as pension needs.
Last round
Private Equity
Total raised
$ 180,000,000
Employee
251-500
Founded
2019
Overview
PalmPay is a simple and secure payment app that give rewards.
Last round
Series A
Total raised
$ 140,000,000
Employee
51-200
Founded
2008
Overview
Fawry is the leading Egyptian platform for digital transformation & e-payments
Last round
Private Equity
Total raised
$ 122,000,000
Employee
251-500
Founded
2002
Overview
Interswitch is an Africa-focused integrated digital payments and commerce company.
Last round
Private Equity
Total raised
$ 120,500,000
Employee
501-1000
Founded
2013
Overview
Yoco is a point-of-sale payments provider for small businesses in Africa.
Last round
Series C
Total raised
$ 106,100,000
Employee
51-200