Mobile Wallet Startups in Africa
Overview Powered by AI
Mobile wallets gaining traction in West Africa, with players like Ocra leading the charge. Local businesses see it as a convenient and cost-effective way to reach customers. Key challenges include low smartphone penetration and interoperability issues.
Cummulative Funding
$27K+
Total # of Companies
1
Total Deal Count
1
Total M&A Count
0
Total # of Investors
0
List of Mobile Wallet startups in Africa
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Founded
2018
Overview
Ocra is a micropayment mobile wallet that helps riders and drivers of public transportation exchange the service fees cashlessly
Last round
Pre-seed
Total raised
$ 27,000
Employee
2-10