Neo-Bank Startups in Africa

Overview Powered by AI

Neo-Banks gaining traction, challenging incumbents with user-friendly apps, low fees, and innovative products. Local business leaders see them as potential partners for financial inclusion and digital transformation initiatives.

Cummulative Funding

$8M+

Total # of Companies

1

Total Deal Count

4

Total M&A Count

0

Total # of Investors

11

List of Neo-Bank startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Affinity Africa builds financial institutions that leverage fintech to support the financially underserved and excluded.

Seed

$ 8,000,000

2013

Founded

2013

Overview

Affinity Africa builds financial institutions that leverage fintech to support the financially underserved and excluded.

Last round

Seed

Total raised

$ 8,000,000

Employee

11-50

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