FinTech Startups in Africa

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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

$403.6K+

Total # of Companies

5

Total Deal Count

8

Total M&A Count

0

Total # of Investors

11

List of FinTech startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

EasyBank provides digital solutions that enhance access to loans and other financial products.

Seed

$ 370,000

2023

2.

Ahmini is a digital platform that facilitates access for rural women to the Tunisian welfare and healthcare system.

Grant

$ 33,670

2019

3.

Paymee is a Tunisian fintech firm that provides an online payment gateway

Seed

Undisclosed

2018

4.

PayDay Takaful offers digital micro-insurance and salary-backed loans to empower low-income workers.

Pre-seed

Undisclosed

2022

5.

Flouci is a Tunis-based startup that uses distributed ledger technologies and data science to change the payments and credits landscape of the MEA region.

Undisclosed

Undisclosed

2018

EasyBank

Founded

2023

Overview

EasyBank provides digital solutions that enhance access to loans and other financial products.

Last round

Seed

Total raised

$ 370,000

Employee

2-10

Ahmini

Founded

2019

Overview

Ahmini is a digital platform that facilitates access for rural women to the Tunisian welfare and healthcare system.

Last round

Grant

Total raised

$ 33,670

Employee

11-50

Paymee

Founded

2018

Overview

Paymee is a Tunisian fintech firm that provides an online payment gateway

Last round

Seed

Total raised

$ 0

Employee

2-10

Founded

2022

Overview

PayDay Takaful offers digital micro-insurance and salary-backed loans to empower low-income workers.

Last round

Pre-seed

Total raised

$ 0

Employee

2-10

Flouci

Founded

2018

Overview

Flouci is a Tunis-based startup that uses distributed ledger technologies and data science to change the payments and credits landscape of the MEA region.

Last round

Undisclosed

Total raised

$ 0

Employee

11-50

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