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

$40.4M+

Total # of Companies

2

Total Deal Count

5

Total M&A Count

0

Total # of Investors

19

List of Payment Solutions startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Revolutionizing shopping, payment, and saving in the Middle East and North Africa.

Convertible Note

$ 28,000,000

2018

2.

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

Venture

$ 12,400,000

2017

Lucky

Founded

2018

Overview

Revolutionizing shopping, payment, and saving in the Middle East and North Africa.

Last round

Convertible Note

Total raised

$ 28,000,000

Employee

201-500

valU

Founded

2017

Overview

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

Last round

Venture

Total raised

$ 12,400,000

Employee

201-500

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