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
$63.1M+
Total # of Companies
10
Total Deal Count
32
Total M&A Count
2
Total # of Investors
54
List of FinTech startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
We offer mobile financial services across Uganda to strengthen businesses | Equity Crowdfunding | $ 32,000,000 | 2016 | |
Numida is a Ugandan fintech startup that provides unsecured growth capital to semi-formal small businesses via a mobile app. | Debt Financing | $ 14,600,000 | 2016 | |
Furaha is a purpose-driven lending platform aiming to make finance accessible across sub-Saharan Africa. | Venture | $ 10,000,000 | 2023 | |
Emata is a Ugandan AgTech startup revolutionising the way smallholder farmers in Africa access financing. | Seed | $ 2,525,000 | 2020 | |
Eversend is a multi-currency wallets platform that provides currency exchange, merchant payments, and other financial services. | Grant | $ 2,144,200 | 2017 | |
Zofi Cash is a Ugandan FinTech startup revolutionizing the way salaried individuals access their wages. | Debt Financing | $ 1,000,000 | 2021 | |
Ensibuuko is serving the unbanked in Uganda by digitizing community-based savings and loans organisations and associations. | Grant | $ 870,000 | 2014 | |
Beyonic is a Ugandan mobile payment FinTech. | Seed | Undisclosed | 2011 | |
Digitizing Schools | Undisclosed | Undisclosed | 2022 | |
Level Africa is a digital investment platform that helps users access the best investment opportunities and information to grow their wealth. | Angel | Undisclosed | 2021 |
Founded
2016
Overview
We offer mobile financial services across Uganda to strengthen businesses
Last round
Equity Crowdfunding
Total raised
$ 32,000,000
Employee
1-10
Founded
2016
Overview
Numida is a Ugandan fintech startup that provides unsecured growth capital to semi-formal small businesses via a mobile app.
Last round
Debt Financing
Total raised
$ 14,600,000
Employee
11-50
Founded
2023
Overview
Furaha is a purpose-driven lending platform aiming to make finance accessible across sub-Saharan Africa.
Last round
Venture
Total raised
$ 10,000,000
Employee
2-10
Founded
2020
Overview
Emata is a Ugandan AgTech startup revolutionising the way smallholder farmers in Africa access financing.
Last round
Seed
Total raised
$ 2,525,000
Employee
11-50
Founded
2017
Overview
Eversend is a multi-currency wallets platform that provides currency exchange, merchant payments, and other financial services.
Last round
Grant
Total raised
$ 2,144,200
Employee
2-10
Founded
2021
Overview
Zofi Cash is a Ugandan FinTech startup revolutionizing the way salaried individuals access their wages.
Last round
Debt Financing
Total raised
$ 1,000,000
Employee
11-50
Founded
2014
Overview
Ensibuuko is serving the unbanked in Uganda by digitizing community-based savings and loans organisations and associations.
Last round
Grant
Total raised
$ 870,000
Employee
11-50
Founded
2011
Overview
Beyonic is a Ugandan mobile payment FinTech.
Last round
Seed
Total raised
$ 0
Employee
11-50
Founded
2021
Overview
Level Africa is a digital investment platform that helps users access the best investment opportunities and information to grow their wealth.
Last round
Angel
Total raised
$ 0
Employee
2-10