Small and Medium Businesses Startups in Africa
Overview Powered by AI
SMBs face systemic challenges: limited access to finance, underdeveloped infrastructure, and regulatory complexities. Despite headwinds, there's a growing recognition of their potential. Local business leaders emphasize the need for tailored support, including capacity building, access to markets, and technology adoption. VertoFX is a promising player facilitating cross-border payments, addressing a critical pain point for SMBs.
Cummulative Funding
$12.5M+
Total # of Companies
2
Total Deal Count
8
Total M&A Count
0
Total # of Investors
17
List of Small and Medium Businesses startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Verto is a global B2B payments solution that helps businesses send money to anyone, anywhere | Grant | $ 12,350,000 | 2017 | |
Kola Market empowers African SMEs with sales, smart inventory, and financing through retail technology. | Pre-seed | $ 200,000 | 2021 |
Founded
2017
Overview
Verto is a global B2B payments solution that helps businesses send money to anyone, anywhere
Last round
Grant
Total raised
$ 12,350,000
Employee
11-50
Founded
2021
Overview
Kola Market empowers African SMEs with sales, smart inventory, and financing through retail technology.
Last round
Pre-seed
Total raised
$ 200,000
Employee
1-10