Savings Startups in Africa
Overview Powered by AI
Savings culture is gaining traction, driven by microfinance institutions. Oyi Medical Card is a pioneer, offering health savings accounts. Local business leaders see potential in digital savings platforms that simplify access and encourage financial discipline.
Cummulative Funding
$230K+
Total # of Companies
3
Total Deal Count
8
Total M&A Count
0
Total # of Investors
8
List of Savings startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Oyi Medical Card is Payments technology integrated into prepaid card for restricted medical spend only. | Non-equity Assistance | $ 120,000 | 2017 | |
Chumz.io is a savings platform that is revolutionising the savings culture in Africa. | Seed | $ 110,000 | 2019 | |
Phundit is a mobile app that helps young professionals in Africa invest in mutual funds, guided by Zoe, an AI assistant | Venture | Undisclosed | 2024 |
Founded
2017
Overview
Oyi Medical Card is Payments technology integrated into prepaid card for restricted medical spend only.
Last round
Non-equity Assistance
Total raised
$ 120,000
Employee
2-10
Founded
2019
Overview
Chumz.io is a savings platform that is revolutionising the savings culture in Africa.
Last round
Seed
Total raised
$ 110,000
Employee
2-10
Founded
2024
Overview
Phundit is a mobile app that helps young professionals in Africa invest in mutual funds, guided by Zoe, an AI assistant
Last round
Venture
Total raised
$ 0
Employee
1-10