Payment Processing Startups in Africa

Overview Powered by AI

Payment processing landscape evolving rapidly in Africa. Local players like Ubawa gaining traction due to deep understanding of local dynamics. Businesses demand seamless, cost-effective solutions tailored to their needs. Collaboration and innovation driving growth, with mobile money and embedded finance gaining prominence.

Cummulative Funding

$450K+

Total # of Companies

3

Total Deal Count

3

Total M&A Count

0

Total # of Investors

3

List of Payment Processing startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Transforming businesses through innovative payment technology solutions

Pre-seed

$ 350,000

2020

2.

Chapa empowers Ethiopian businesses with secure local and international payments through its fintech gateway.

Grant

$ 100,000

2021

3.

Green-Pay is modernizing West African commerce with secure, scalable B2B payment infrastructure and seamless integrations.

Funding Round

Undisclosed

2018

Ubawa

Founded

2020

Overview

Transforming businesses through innovative payment technology solutions

Last round

Pre-seed

Total raised

$ 350,000

Employee

11-50

Chapa

Founded

2021

Overview

Chapa empowers Ethiopian businesses with secure local and international payments through its fintech gateway.

Last round

Grant

Total raised

$ 100,000

Employee

51-200

Green-Pay

Founded

2018

Overview

Green-Pay is modernizing West African commerce with secure, scalable B2B payment infrastructure and seamless integrations.

Last round

Funding Round

Total raised

$ 0

Employee

11-50

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