Mobile Money Startups in Africa

Overview Powered by AI

**Mobile money remains a key driver of financial inclusion** in Southern Africa, with significant growth in adoption and usage. **Local business leaders recognize its potential to expand market reach and facilitate seamless transactions.** They're leveraging mobile money to connect with underbanked populations, drive e-commerce, and support financial resilience. However, **concerns persist regarding interoperability, regulatory hurdles, and the need for increased financial literacy.**

Cummulative Funding

$0+

Total # of Companies

1

Total Deal Count

2

Total M&A Count

0

Total # of Investors

2

List of Mobile Money startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Reliable financial profiles for Ugandan MSMEs through formal business solutions

Funding Round

Undisclosed

2016

ChapChap

Founded

2016

Overview

Reliable financial profiles for Ugandan MSMEs through formal business solutions

Last round

Funding Round

Total raised

$ 0

Employee

11-50

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