P2P Startups in Africa

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P2P lending in West Africa faces challenges: low financial literacy, lack of credit data. Local business leaders are skeptical due to high default rates and regulatory uncertainty. Despite these hurdles, players like dryve, Lendor, and Salfny are gaining traction by leveraging mobile tech and partnerships with local banks.

Cummulative Funding

$1.4M+

Total # of Companies

5

Total Deal Count

6

Total M&A Count

0

Total # of Investors

3

List of P2P startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

dryve is revolutionizing mobility in the Middle East!

Funding Round

$ 1,312,000

2017

2.

Lendor is a peer to peer sharing mobile app for Library of Things, a platform where you can rent/lend anything you need for short term usage.

Pre-seed

$ 100,000

2017

3.

Salfny.com is an Egyptian peer to peer online rental marketplace.

Pre-seed

$ 10,000

2017

4.

Retag is a peer to peer fashion resale marketplace to Buy/Sell Pre-owned & new fashion items for Women, Men & Kids.

Non-equity Assistance

Undisclosed

2020

5.

Sharenpair is a platform to support sharing economy by providing a social community allowing people share anything

Undisclosed

Undisclosed

2018

dryve

Founded

2017

Overview

dryve is revolutionizing mobility in the Middle East!

Last round

Funding Round

Total raised

$ 1,312,000

Employee

11-50

Lendor

Founded

2017

Overview

Lendor is a peer to peer sharing mobile app for Library of Things, a platform where you can rent/lend anything you need for short term usage.

Last round

Pre-seed

Total raised

$ 100,000

Employee

2-10

Salfny

Founded

2017

Overview

Salfny.com is an Egyptian peer to peer online rental marketplace.

Last round

Pre-seed

Total raised

$ 10,000

Employee

2-10

Retag

Founded

2020

Overview

Retag is a peer to peer fashion resale marketplace to Buy/Sell Pre-owned & new fashion items for Women, Men & Kids.

Last round

Non-equity Assistance

Total raised

$ 0

Employee

11-50

Founded

2018

Overview

Sharenpair is a platform to support sharing economy by providing a social community allowing people share anything

Last round

Undisclosed

Total raised

$ 0

Employee

2-10

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