Peer-to-peer Startups in Africa

Overview Powered by AI

Peer-to-peer payments continue to surge in Southern Africa. Regulatory tailwinds, mobile adoption, and the need for affordable and convenient payment methods drive growth. Local business leaders are embracing P2P as it reduces transaction costs, expands their customer base, and enhances financial inclusion.

Cummulative Funding

$0+

Total # of Companies

0

Total Deal Count

0

Total M&A Count

1

Total # of Investors

21

List of Peer-to-peer startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

The Sun Exchange is a blockchain based solar panel micro-leasing marketplace that enables anyone anywhere to own and earn from solar panels.

Convertible Note

$ 10,490,000

2015

2.

Bankly is a Lagos-based Fintech which offers direct-to-consumer (DTC) products to Nigeria’s unbanked and underbanked populations.

Seed

$ 2,100,000

2018

3.

KIFAL is the trusted partner to buy and sell your used car!

Seed

$ 800,000

2019

4.

UbaPesa is Kenya's No 1 peer to peer Fintech platform that brings together Lenders and Borrowers in one app.

Seed

$ 500,000

2015

5.

Hitchhiker is a global peer-to-peer delivery and travel platform.

Seed

$ 200,000

2017

6.

JumpIn Rides is a peer-to-peer ride sharing platform that connects drivers with empty seats to passengers going the same way in South Africa

Seed

$ 177,000

2016

7.

Sxuirrel is revolutionising how people use space.

Seed

$ 176,000

2016

8.

Financial Service that allows users open global accounts for free to send, receive and make international payments and convert to their local currencies.

Undisclosed

Undisclosed

2022

Founded

2015

Overview

The Sun Exchange is a blockchain based solar panel micro-leasing marketplace that enables anyone anywhere to own and earn from solar panels.

Last round

Convertible Note

Total raised

$ 10,490,000

Employee

2-10

Bankly

Founded

2018

Overview

Bankly is a Lagos-based Fintech which offers direct-to-consumer (DTC) products to Nigeria’s unbanked and underbanked populations.

Last round

Seed

Total raised

$ 2,100,000

Employee

11-50

Founded

2019

Overview

KIFAL is the trusted partner to buy and sell your used car!

Last round

Seed

Total raised

$ 800,000

Employee

11-50

UbaPesa

Founded

2015

Overview

UbaPesa is Kenya's No 1 peer to peer Fintech platform that brings together Lenders and Borrowers in one app.

Last round

Seed

Total raised

$ 500,000

Employee

11-50

Founded

2017

Overview

Hitchhiker is a global peer-to-peer delivery and travel platform.

Last round

Seed

Total raised

$ 200,000

Employee

11-50

Founded

2016

Overview

JumpIn Rides is a peer-to-peer ride sharing platform that connects drivers with empty seats to passengers going the same way in South Africa

Last round

Seed

Total raised

$ 177,000

Employee

2-10

Sxuirrel

Founded

2016

Overview

Sxuirrel is revolutionising how people use space.

Last round

Seed

Total raised

$ 176,000

Employee

2-10

Founded

2022

Overview

Financial Service that allows users open global accounts for free to send, receive and make international payments and convert to their local currencies.

Last round

Undisclosed

Total raised

$ 0

Employee

10-50

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