Loan Startups in Africa

Overview Powered by AI

Loan is gaining traction, but faces challenges: - Strong demand for credit, but affordability concerns. - Regulatory concerns and competition from incumbents. - Local leaders see potential but also risks.

Cummulative Funding

$750K+

Total # of Companies

2

Total Deal Count

2

Total M&A Count

1

Total # of Investors

1

List of Loan startups in Africa

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Startup	Overview	Last round	Total raised	Founded
1. OneFi Nigeria Onefi is a Nigerian startup which provides digital solutions to optimize payments, billing, loans and credit report services. OneFi Nigeria	Onefi is a Nigerian startup which provides digital solutions to optimize payments, billing, loans and credit report services.	Non-equity Assistance	$ 750,000	2012
2. Thuthukani South Africa Thuthukani provides incremental housing finance to middle- and lower-income South Africans. Thuthukani South Africa	Thuthukani provides incremental housing finance to middle- and lower-income South Africans.	Undisclosed	Undisclosed	1998

OneFi

Founded

2012

Overview

Onefi is a Nigerian startup which provides digital solutions to optimize payments, billing, loans and credit report services.

Last round

Non-equity Assistance

Total raised

$ 750,000

Employee

51-200

Thuthukani