Loans Startups in Africa
Overview Powered by AI
Loans: fierce competition, but demand outstrips supply. Tala and Money Fellows dominate, while NFTfi gains traction. Local leaders express cautious optimism, citing high interest rates as a concern.
Cummulative Funding
$423.7M+
Total # of Companies
17
Total Deal Count
42
Total M&A Count
1
Total # of Investors
129
List of Loans startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Tala is a financial technology company on a mission to build a financial system that works for everyone. | Series E | $ 349,439,700 | 2011 | |
Digitizing Collaborative Group Lending and Savings in Egypt | Series B | $ 41,218,000 | 2018 | |
Hakki Africa is a Kenya-based FinTech startup that provides microfinance services for small and medium-sized enterprises. | Venture | $ 12,700,000 | 2018 | |
Furaha is a purpose-driven lending platform aiming to make finance accessible across sub-Saharan Africa. | Venture | $ 10,000,000 | 2023 | |
NFTfi is a simple marketplace for NFT collateralized loans. | Seed | $ 5,000,000 | 2017 | |
Emata is a Ugandan AgTech startup revolutionising the way smallholder farmers in Africa access financing. | Seed | $ 2,525,000 | 2020 | |
Empowering business growth through tools and credit management. | Pre-seed | $ 2,000,000 | 2021 | |
At Swipe, our mission is to drive credit card adoption in Africa through our Cards as a Service (CAAS) solution | Pre-seed | $ 650,000 | 2018 | |
CreditCheck is building Africa's largest credit data Infrastructure that will improve access to better financial services for Africans. | Pre-seed | $ 240,000 | 2021 | |
Agrotech+ is financing agricultural technologies through mobile micro savings & loans for Small holder famers. | Grant | $ 10,000 | 2019 | |
Rivia is a Ghanian Health Care startup which offers loans to clinics to upgrade their physical infrastructure and augment their inventory. | Undisclosed | Undisclosed | 2023 | |
Sycamore is a Financial services company where you can lend through us or borrow from us. | Seed | Undisclosed | 2018 | |
Pumpkn leverages data to make credit assessments of agricultural small and medium-sized enterprises (agri-SMEs). | Funding Round | Undisclosed | 2023 | |
Mortgage Market is a South African mortgage broker that operates a digital platform for easy application of home loans. | Series A | Undisclosed | 2019 | |
Faydety is an Egyptian startup which allows users to find, compare and apply to banking products online. | Undisclosed | Undisclosed | 2019 | |
Cotrust Equity harnesses KYC of target audience to provide unique credit plans to banked and unbanked Micro Traders in sub-Saharan Africa. | Undisclosed | Undisclosed | 2021 | |
Shop Okoa is on a mission is to bridge the $5.2 trillion credit gap faced by SMEs in developing countries, particularly in Africa. | Undisclosed | Undisclosed | 2021 |
Founded
2011
Overview
Tala is a financial technology company on a mission to build a financial system that works for everyone.
Last round
Series E
Total raised
$ 349,439,700
Employee
501-1,000
Founded
2018
Overview
Digitizing Collaborative Group Lending and Savings in Egypt
Last round
Series B
Total raised
$ 41,218,000
Employee
51-200
Founded
2018
Overview
Hakki Africa is a Kenya-based FinTech startup that provides microfinance services for small and medium-sized enterprises.
Last round
Venture
Total raised
$ 12,700,000
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
2017
Overview
NFTfi is a simple marketplace for NFT collateralized loans.
Last round
Seed
Total raised
$ 5,000,000
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
2021
Overview
Empowering business growth through tools and credit management.
Last round
Pre-seed
Total raised
$ 2,000,000
Employee
2-10
Founded
2018
Overview
At Swipe, our mission is to drive credit card adoption in Africa through our Cards as a Service (CAAS) solution
Last round
Pre-seed
Total raised
$ 650,000
Employee
11-50
Founded
2021
Overview
CreditCheck is building Africa's largest credit data Infrastructure that will improve access to better financial services for Africans.
Last round
Pre-seed
Total raised
$ 240,000
Employee
2-10
Founded
2019
Overview
Agrotech+ is financing agricultural technologies through mobile micro savings & loans for Small holder famers.
Last round
Grant
Total raised
$ 10,000
Employee
11-50
Founded
2023
Overview
Rivia is a Ghanian Health Care startup which offers loans to clinics to upgrade their physical infrastructure and augment their inventory.
Last round
Undisclosed
Total raised
$ 0
Employee
2-10
Founded
2018
Overview
Sycamore is a Financial services company where you can lend through us or borrow from us.
Last round
Seed
Total raised
$ 0
Employee
51-200
Founded
2023
Overview
Pumpkn leverages data to make credit assessments of agricultural small and medium-sized enterprises (agri-SMEs).
Last round
Funding Round
Total raised
$ 0
Employee
2-10
Founded
2019
Overview
Mortgage Market is a South African mortgage broker that operates a digital platform for easy application of home loans.
Last round
Series A
Total raised
$ 0
Employee
2-10
Founded
2019
Overview
Faydety is an Egyptian startup which allows users to find, compare and apply to banking products online.
Last round
Undisclosed
Total raised
$ 0
Employee
11-50
Founded
2021
Overview
Cotrust Equity harnesses KYC of target audience to provide unique credit plans to banked and unbanked Micro Traders in sub-Saharan Africa.
Last round
Undisclosed
Total raised
$ 0
Employee
11-50
Founded
2021
Overview
Shop Okoa is on a mission is to bridge the $5.2 trillion credit gap faced by SMEs in developing countries, particularly in Africa.
Last round
Undisclosed
Total raised
$ 0
Employee
2-10