Investing Startups in Africa

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Digital lending is indeed making waves in Southern Africa. Lendable and Franc are gaining ground, but competition is intensifying with local fintechs emerging. The word among leaders is that it's a promising market with challenges that include regulatory complexities and risk management.

Cummulative Funding

$7.2M+

Total # of Companies

3

Total Deal Count

8

Total M&A Count

1

Total # of Investors

12

List of Investing startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Lendable is the leading provider of debt to fintechs in emerging and frontier markets.

Grant

$ 6,950,000

2014

2.

Franc is a South African investment app that enables quick and easy adoption of savings and investment products by partner businesses.

Seed

$ 300,000

2018

3.

EXITS is the regional online investment marketplace where individuals and business owners can buy and sell business

Seed

Undisclosed

2022

Lendable

Founded

2014

Overview

Lendable is the leading provider of debt to fintechs in emerging and frontier markets.

Last round

Grant

Total raised

$ 6,950,000

Employee

11-50

Franc

Founded

2018

Overview

Franc is a South African investment app that enables quick and easy adoption of savings and investment products by partner businesses.

Last round

Seed

Total raised

$ 300,000

Employee

11-50

Exits.me

Founded

2022

Overview

EXITS is the regional online investment marketplace where individuals and business owners can buy and sell business

Last round

Seed

Total raised

$ 0

Employee

11-50

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