Neobank Startups in Africa
Step into the thriving world of Neobank startups in Africa, where innovators are rewriting the rules and redefining what's possible. Our carefully curated list is your passport to explore the trailblazers who are shaping this dynamic sector. Discover their bold solutions, game-changing products, and out-of-the-box thinking as they forge new paths in Neobank.
Cummulative Funding
$27.6M+
Total # of Companies
9
Total Deal Count
16
Total M&A Count
0
Total # of Investors
42
List of Neobank startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Union54 is a member led association of African fintechs pulling together to dismantle borders and make money borderless. | Seed | $ 15,125,000 | 2020 | |
Asante Financial Services Group is a Kenyan startup advancing financial independence of underserved small businesses and individuals in Africa. | Series A | $ 7,500,000 | 2016 | |
Sparkle is a Nigerian FinTech platform that is creating a market place that makes it easy to achieve business outcomes. | Seed | $ 3,100,000 | 2019 | |
Yep! is the financial super app for Africans, created with the mission of providing financial possibilities for all Africans. | Pre-seed | $ 1,500,000 | 2021 | |
PaySika is the first neo-bank in Africa to offer banking services on popular messengers | Pre-seed | $ 348,000 | 2020 | |
Fingo is providing an alternative brand of banking to African millennials, starting from Kenya. | Seed | $ 125,000 | 2020 | |
Plumter is helping to facilitate easy foreign payments and international banking for African businesses. | Seed | Undisclosed | 2021 | |
Balad is a FinTech company that provides prepaid card solutions for underbanked family members of Egyptian migrants abroad. | Non-equity Assistance | Undisclosed | 2022 | |
Lenco provides full-fledged current accounts for banking services and expense management for business growth. | Seed | Undisclosed | 2021 |
Founded
2020
Overview
Union54 is a member led association of African fintechs pulling together to dismantle borders and make money borderless.
Last round
Seed
Total raised
$ 15,125,000
Employee
2-10
Founded
2016
Overview
Asante Financial Services Group is a Kenyan startup advancing financial independence of underserved small businesses and individuals in Africa.
Last round
Series A
Total raised
$ 7,500,000
Employee
11-50
Founded
2019
Overview
Sparkle is a Nigerian FinTech platform that is creating a market place that makes it easy to achieve business outcomes.
Last round
Seed
Total raised
$ 3,100,000
Employee
11-50
Founded
2021
Overview
Yep! is the financial super app for Africans, created with the mission of providing financial possibilities for all Africans.
Last round
Pre-seed
Total raised
$ 1,500,000
Employee
11-50
Founded
2020
Overview
PaySika is the first neo-bank in Africa to offer banking services on popular messengers
Last round
Pre-seed
Total raised
$ 348,000
Employee
2-10
Founded
2020
Overview
Fingo is providing an alternative brand of banking to African millennials, starting from Kenya.
Last round
Seed
Total raised
$ 125,000
Employee
2-10
Founded
2021
Overview
Plumter is helping to facilitate easy foreign payments and international banking for African businesses.
Last round
Seed
Total raised
$ 0
Employee
2-10
Founded
2022
Overview
Balad is a FinTech company that provides prepaid card solutions for underbanked family members of Egyptian migrants abroad.
Last round
Non-equity Assistance
Total raised
$ 0
Employee
11-50
Founded
2021
Overview
Lenco provides full-fledged current accounts for banking services and expense management for business growth.
Last round
Seed
Total raised
$ 0
Employee
11-50