FinTech Startups in Africa
Overview Powered by AI
FinTech is booming in Southern Africa, driven by high smartphone penetration and a large unbanked population. Players like Tabby, MNT-Halan, and OPay are gaining traction by offering tailored financial services. Local business leaders are optimistic, seeing FinTech as a key enabler for financial inclusion and economic growth.
Cummulative Funding
$24.1M+
Total # of Companies
11
Total Deal Count
12
Total M&A Count
1
Total # of Investors
21
List of FinTech startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
S2M is now a pioneer of secure electronic transactions, with an expertise in advanced technologies and innovative integrated solutions. | Post-IPO Equity | $ 14,900,000 | 1983 | |
PayTic is a Moroccan fast-growing fintech company specializing in Software-as-a-Service (SaaS) solutions for card issuers. | Seed | $ 7,350,000 | 2020 | |
YallaXash Finance is a Moroccan startup focused on worldwide money transfer services with fair fees. | Series A | $ 675,000 | 2017 | |
invyad provides an end-to-end POS solutions to empower small and medium businesses, helping them sell, run and grow their activities. | Seed | $ 450,000 | 2018 | |
Onepay is a FinTech platform in Morocco that connects users and businesses to enable financial transactions across one unified platform. | Series A | $ 434,000 | 2016 | |
Peaqock Financials is a financial technology platform. | Seed | $ 300,000 | 2014 | |
Improving financial wellness for African employees. | Pre-seed | Undisclosed | 2022 | |
Powerful capital & financial markets decision-making Software SaaS | Undisclosed | Undisclosed | 2020 | |
Spotter is a Moroccan mobile application that provides businesses with real-time visibility on accurate banking and cheque errors. | Venture | Undisclosed | 2019 | |
Specializing in hassle-free consumer credit solutions for Moroccans | Undisclosed | Undisclosed | ||
Pioneering the realm of anomaly detection like never before! | Undisclosed | Undisclosed | 2023 |
Founded
1983
Overview
S2M is now a pioneer of secure electronic transactions, with an expertise in advanced technologies and innovative integrated solutions.
Last round
Post-IPO Equity
Total raised
$ 14,900,000
Employee
251-500
Founded
2020
Overview
PayTic is a Moroccan fast-growing fintech company specializing in Software-as-a-Service (SaaS) solutions for card issuers.
Last round
Seed
Total raised
$ 7,350,000
Employee
11-50
Founded
2017
Overview
YallaXash Finance is a Moroccan startup focused on worldwide money transfer services with fair fees.
Last round
Series A
Total raised
$ 675,000
Employee
2-10
Founded
2018
Overview
invyad provides an end-to-end POS solutions to empower small and medium businesses, helping them sell, run and grow their activities.
Last round
Seed
Total raised
$ 450,000
Employee
2-10
Founded
2016
Overview
Onepay is a FinTech platform in Morocco that connects users and businesses to enable financial transactions across one unified platform.
Last round
Series A
Total raised
$ 434,000
Employee
11β50
Founded
2014
Overview
Peaqock Financials is a financial technology platform.
Last round
Seed
Total raised
$ 300,000
Employee
1-10
Founded
2022
Overview
Improving financial wellness for African employees.
Last round
Pre-seed
Total raised
$ 0
Employee
11-50
Founded
2020
Overview
Powerful capital & financial markets decision-making Software SaaS
Last round
Undisclosed
Total raised
$ 0
Employee
1
Founded
2019
Overview
Spotter is a Moroccan mobile application that provides businesses with real-time visibility on accurate banking and cheque errors.
Last round
Venture
Total raised
$ 0
Employee
11-50
Founded
Overview
Specializing in hassle-free consumer credit solutions for Moroccans
Last round
Undisclosed
Total raised
$ 0
Employee
51-200
Founded
2023
Overview
Pioneering the realm of anomaly detection like never before!
Last round
Undisclosed
Total raised
$ 0
Employee
2-10