SME Startups in Africa
Overview Powered by AI
SME market in Southern Africa is still nascent but gaining traction. Pivo, Boost Ghana are making waves, but local players like Yoco, Ozow, and Jumo are also gaining ground. Business leaders see the potential but concerns remain about infrastructure, regulation, and access to funding. The key is collaboration between fintechs, banks, and governments to unlock growth.
Cummulative Funding
$2.6M+
Total # of Companies
3
Total Deal Count
9
Total M&A Count
0
Total # of Investors
13
List of SME startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Pivo is a Nigerian credit-focused financial Services platfrom for supply chain small businesses. | Seed | $ 2,500,000 | 2021 | |
Boost Ghana is Ghanian startup which provide digital solutions to support small and medium enterprises in Ghana. | Funding Round | $ 120,000 | 2019 | |
WallX is a Nigerian FinTech which offers fast and secure B2B Payment Solution for African Businesses | Grant | Undisclosed | 2020 |
Founded
2021
Overview
Pivo is a Nigerian credit-focused financial Services platfrom for supply chain small businesses.
Last round
Seed
Total raised
$ 2,500,000
Employee
11-50
Founded
2019
Overview
Boost Ghana is Ghanian startup which provide digital solutions to support small and medium enterprises in Ghana.
Last round
Funding Round
Total raised
$ 120,000
Employee
2-10
Founded
2020
Overview
WallX is a Nigerian FinTech which offers fast and secure B2B Payment Solution for African Businesses
Last round
Grant
Total raised
$ 0
Employee
11-50