NeoBanking Startups in Africa
Overview Powered by AI
NeoBanking in West Africa: Potential yet tactical challenges. Local businesses cautious, seeking robust platforms with proven track records. Rumors of partnerships brewing, but execution remains key.
Cummulative Funding
$10M+
Total # of Companies
8
Total Deal Count
12
Total M&A Count
0
Total # of Investors
33
List of NeoBanking startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Banking services for the unbanked: Maplerad provides a modern banking platform for Nigerians. | Seed | $ 6,000,000 | 2022 | |
Credable is connecting businesses to financial institutions to better serve the underbanked populations with products they need. | Seed | $ 2,700,000 | 2021 | |
Kredi bank is a full service digital bank building a one-stop shop for digital financial services in Africa. | Seed | $ 1,150,000 | 2021 | |
hela.money aims to digitise the way money moves and flows in the global economy. | Non-equity Assistance | $ 175,000 | 2022 | |
Aibanc offers AI-powered banking for High Earners Not Rich Yet (HENRY). | Undisclosed | Undisclosed | 2021 | |
Mekka is revolutionizing financial services across Africa by building the continent’s first dedicated neobank for enterprises. | Funding Round | Undisclosed | 2024 | |
KOLOMONI is a product of Cintrust Microfinance Bank, a licenced MFB by CBN, dedicated to providing customers with the utmost banking experience. | Undisclosed | Undisclosed | 2014 | |
VBank.NG is a Nigerian FinTech platform that provides mobile banking services for users. | Undisclosed | Undisclosed | 2020 |
Founded
2022
Overview
Banking services for the unbanked: Maplerad provides a modern banking platform for Nigerians.
Last round
Seed
Total raised
$ 6,000,000
Employee
2-10
Founded
2021
Overview
Credable is connecting businesses to financial institutions to better serve the underbanked populations with products they need.
Last round
Seed
Total raised
$ 2,700,000
Employee
11-50
Founded
2021
Overview
Kredi bank is a full service digital bank building a one-stop shop for digital financial services in Africa.
Last round
Seed
Total raised
$ 1,150,000
Employee
11-50
Founded
2022
Overview
hela.money aims to digitise the way money moves and flows in the global economy.
Last round
Non-equity Assistance
Total raised
$ 175,000
Employee
2-10
Founded
2021
Overview
Aibanc offers AI-powered banking for High Earners Not Rich Yet (HENRY).
Last round
Undisclosed
Total raised
$ 0
Employee
2-10
Founded
2024
Overview
Mekka is revolutionizing financial services across Africa by building the continent’s first dedicated neobank for enterprises.
Last round
Funding Round
Total raised
$ 0
Employee
11-50
Founded
2014
Overview
KOLOMONI is a product of Cintrust Microfinance Bank, a licenced MFB by CBN, dedicated to providing customers with the utmost banking experience.
Last round
Undisclosed
Total raised
$ 0
Employee
51-200
Founded
2020
Overview
VBank.NG is a Nigerian FinTech platform that provides mobile banking services for users.
Last round
Undisclosed
Total raised
$ 0
Employee
201-500