Mobile Payment Startups in Africa
Overview Powered by AI
Mobile payments are gaining traction, but adoption varies by country. Regulatory complexities, lack of interoperability, and consumer trust issues hinder growth. Local businesses are cautiously optimistic, recognizing the potential benefits but also the challenges in integrating and scaling these solutions.
Cummulative Funding
$65.5M+
Total # of Companies
9
Total Deal Count
11
Total M&A Count
1
Total # of Investors
29
List of Mobile Payment startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Conduit enables businesses to simply and cheaply move money between Latin America, Africa, China and the US at scale. | Series A | $ 59,000,000 | 2024 | |
Dayra is a data-driven fintech company providing financial services to unbanked gig-workers and micro-businesses via API integration. | Seed | $ 3,125,000 | 2020 | |
Munify is a cross-border neobank designed to give Egyptians abroad a faster, cheaper way to send money home. | Seed | $ 3,000,000 | 2025 | |
MoneyBadger is eabling payments online and at the till using Bitcoin Lightning - an internet native currency. | Pre-seed | $ 400,000 | 2021 | |
Ahmini is a digital platform that facilitates access for rural women to the Tunisian welfare and healthcare system. | Grant | $ 33,670 | 2019 | |
Roqqu is a Nigerian cryptocurrency startup building blockchain-related technology through digital products. | Seed | $ 15,000 | 2018 | |
MaishaPay seeks to establish itself as a banking solution in rural areas generally disadvantaged by banks in Africa. | Undisclosed | Undisclosed | 2018 | |
Flitaa is a Kenyan all-in-one platform for storing, purchasing, selling, exchanging, and earning cryptocurrencies. | Undisclosed | Undisclosed | 2019 | |
Popote is a Kenya based mobile app that enables businesses to make their payments with total control and up-to date record keeping. | Venture | Undisclosed | 2013 |
Founded
2024
Overview
Conduit enables businesses to simply and cheaply move money between Latin America, Africa, China and the US at scale.
Last round
Series A
Total raised
$ 59,000,000
Employee
11-50
Founded
2020
Overview
Dayra is a data-driven fintech company providing financial services to unbanked gig-workers and micro-businesses via API integration.
Last round
Seed
Total raised
$ 3,125,000
Employee
11-50
Founded
2025
Overview
Munify is a cross-border neobank designed to give Egyptians abroad a faster, cheaper way to send money home.
Last round
Seed
Total raised
$ 3,000,000
Employee
2-10
Founded
2021
Overview
MoneyBadger is eabling payments online and at the till using Bitcoin Lightning - an internet native currency.
Last round
Pre-seed
Total raised
$ 400,000
Employee
2-10
Founded
2019
Overview
Ahmini is a digital platform that facilitates access for rural women to the Tunisian welfare and healthcare system.
Last round
Grant
Total raised
$ 33,670
Employee
11-50
Founded
2018
Overview
Roqqu is a Nigerian cryptocurrency startup building blockchain-related technology through digital products.
Last round
Seed
Total raised
$ 15,000
Employee
51-200
Founded
2018
Overview
MaishaPay seeks to establish itself as a banking solution in rural areas generally disadvantaged by banks in Africa.
Last round
Undisclosed
Total raised
$ 0
Employee
2-10
Founded
2019
Overview
Flitaa is a Kenyan all-in-one platform for storing, purchasing, selling, exchanging, and earning cryptocurrencies.
Last round
Undisclosed
Total raised
$ 0
Employee
11-50
Founded
2013
Overview
Popote is a Kenya based mobile app that enables businesses to make their payments with total control and up-to date record keeping.
Last round
Venture
Total raised
$ 0
Employee
11-50