SMB Startups in Africa

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SMB financing is a growing market in Southern Africa, with several players emerging in recent years. Float has made a splash, but the market is still fragmented. Local business leaders are eager for innovative solutions that can help them access capital quickly and efficiently. The market is ripe for disruption, and there is a lot of potential for growth.

Cummulative Funding

$17M+

Total # of Companies

1

Total Deal Count

2

Total M&A Count

1

Total # of Investors

14

List of SMB startups in Africa

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StartupOverviewLast roundTotal raisedFounded
1.

Float is a Ghanaian cashflow and cash management platform for SMBs in Africa

Debt Financing

$ 17,000,000

2020

Float

Founded

2020

Overview

Float is a Ghanaian cashflow and cash management platform for SMBs in Africa

Last round

Debt Financing

Total raised

$ 17,000,000

Employee

2-10

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