Payment Solutions Startups in Africa

Overview Powered by AI

Payment solutions in East Africa are heating up. Lucky and valU are making waves, but local business leaders are cautious about disruption. They see potential in mobile money solutions, but concerns remain over interoperability and regulation. The market is ripe for innovation, but players need to overcome trust and security challenges to gain widespread adoption.

Cummulative Funding

$219.5M+

Total # of Companies

2

Total Deal Count

13

Total M&A Count

0

Total # of Investors

26

List of Payment Solutions startups in Africa

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Startup	Overview	Last round	Total raised	Founded
1. valU Egypt valU is a Buy-Now, Pay-Later lifestyle enabling solution which empowers customers' shopping experience. valU Egypt	valU is a Buy-Now, Pay-Later lifestyle enabling solution which empowers customers' shopping experience.	Post-IPO Debt	$ 191,580,387	2017
2. Lucky Egypt Revolutionizing shopping, payment, and saving in the Middle East and North Africa. Lucky Egypt	Revolutionizing shopping, payment, and saving in the Middle East and North Africa.	Convertible Note	$ 28,000,000	2018

valU

Founded

2017

Overview

valU is a Buy-Now, Pay-Later lifestyle enabling solution which empowers customers' shopping experience.

Last round

Post-IPO Debt

Total raised

$ 191,580,387

Employee

201-500

Lucky