Small and Medium Businesses Startups in Africa

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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

$12.2M+

Total # of Companies

1

Total Deal Count

5

Total M&A Count

0

Total # of Investors

14

List of Small and Medium Businesses startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Verto is a global B2B payments solution that helps businesses send money to anyone, anywhere

Series A

$ 12,250,000

2017

VertoFX

Founded

2017

Overview

Verto is a global B2B payments solution that helps businesses send money to anyone, anywhere

Last round

Series A

Total raised

$ 12,250,000

Employee

11-50

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