SMEs Startups in Africa

Step into the thriving world of SMEs startups in Africa, where innovators are rewriting the rules and redefining what's possible. Our carefully curated list is your passport to explore the trailblazers who are shaping this dynamic sector. Discover their bold solutions, game-changing products, and out-of-the-box thinking as they forge new paths in SMEs.

Cummulative Funding

$14.2M+

Total # of Companies

17

Total Deal Count

31

Total M&A Count

2

Total # of Investors

59

List of SMEs startups in Africa

Add Startup
StartupOverviewLast roundTotal raisedFounded
1.

Traction Apps is a one stop platform for small businesses to accept payments, run their businesses and access capital for growth.

Seed

$ 10,000,000

2018

2.

Hollydesk is an Egyptian SaaS platform for SMEs that will take care of the company's daily expenses and accounts

Debt Financing

$ 1,325,000

2020

3.

Retail Capital is a South African fintech company which provides funding to small and medium-sized businesses

Private Equity

$ 1,000,000

2011

4.

Norebase helps users incorporate a company, get a bank account and register intellectual property in any African country

Grant

$ 1,000,000

2021

5.

Patika helps small businesses in Africa to track customer debt, facilitate repayments & manage their cashflow.

Pre-seed

$ 500,000

2021

6.

GetFundedAfrica is a platform that uses media and technology to assist entrepreneurs across Africa in finding funding

Pre-seed

$ 180,000

2020

7.

Formplus is a Nigerian SaaS startup that helps businesses gather and process data from their online and offline customers

Non-equity Assistance

$ 100,000

2014

8.

Empowering SMEs with simplified funding access across Africa

Grant

$ 100,000

2021

9.

Seamless credit and spend management tools to grow small businesses in Nigeria.

Pre-seed

$ 85,000

2019

10.

Finplus Group is a technology company building a new credit & commerce infrastructure for emerging markets.

Non-equity Assistance

Undisclosed

2017

11.

EGYEXPORTING is a network which facilitates the process of Exporting cycle between the small & Medium companies

Undisclosed

Undisclosed

2018

12.

FreshSource is an Egyptian AgTech which uses technology to efficiently manage fresh produce supply operations from farms to local vendors.

Seed

Undisclosed

2018

13.

Built provides SMEs with financial and business software that boost their growth and productivity

Grant

Undisclosed

2016

14.

Imfuyo (formerly known as Lofte Kesho) is an Agri fintech enabling livestock collateral for Kenyan farmers

Grant

Undisclosed

2020

15.

FaidiHR is an all-in-one cloud platform that allows small and medium enterprises in Africa to automate their HR processes

Pre-seed

Undisclosed

2018

16.

Shecluded is a Nigerian financial services and business resource company for women by women.

Non-equity Assistance

Undisclosed

2019

17.

EXITS is the regional online investment marketplace where individuals and business owners can buy and sell business

Seed

Undisclosed

2022

Traction

Founded

2018

Overview

Traction Apps is a one stop platform for small businesses to accept payments, run their businesses and access capital for growth.

Last round

Seed

Total raised

$ 10,000,000

Employee

51-200

Hollydesk

Founded

2020

Overview

Hollydesk is an Egyptian SaaS platform for SMEs that will take care of the company's daily expenses and accounts

Last round

Debt Financing

Total raised

$ 1,325,000

Employee

2-10

Founded

2011

Overview

Retail Capital is a South African fintech company which provides funding to small and medium-sized businesses

Last round

Private Equity

Total raised

$ 1,000,000

Employee

51-200

Norebase

Founded

2021

Overview

Norebase helps users incorporate a company, get a bank account and register intellectual property in any African country

Last round

Grant

Total raised

$ 1,000,000

Employee

2-10

Patika

Founded

2021

Overview

Patika helps small businesses in Africa to track customer debt, facilitate repayments & manage their cashflow.

Last round

Pre-seed

Total raised

$ 500,000

Employee

2-10

Founded

2020

Overview

GetFundedAfrica is a platform that uses media and technology to assist entrepreneurs across Africa in finding funding

Last round

Pre-seed

Total raised

$ 180,000

Employee

2-10

Formplus

Founded

2014

Overview

Formplus is a Nigerian SaaS startup that helps businesses gather and process data from their online and offline customers

Last round

Non-equity Assistance

Total raised

$ 100,000

Employee

2-10

Founded

2021

Overview

Empowering SMEs with simplified funding access across Africa

Last round

Grant

Total raised

$ 100,000

Employee

2-10

Lendha

Founded

2019

Overview

Seamless credit and spend management tools to grow small businesses in Nigeria.

Last round

Pre-seed

Total raised

$ 85,000

Employee

11-50

Finplus

Founded

2017

Overview

Finplus Group is a technology company building a new credit & commerce infrastructure for emerging markets.

Last round

Non-equity Assistance

Total raised

$ 0

Employee

2-10

Founded

2018

Overview

EGYEXPORTING is a network which facilitates the process of Exporting cycle between the small & Medium companies

Last round

Undisclosed

Total raised

$ 0

Employee

201-500

Founded

2018

Overview

FreshSource is an Egyptian AgTech which uses technology to efficiently manage fresh produce supply operations from farms to local vendors.

Last round

Seed

Total raised

$ 0

Employee

11-50

Built

Founded

2016

Overview

Built provides SMEs with financial and business software that boost their growth and productivity

Last round

Grant

Total raised

$ 0

Employee

11-50

Founded

2020

Overview

Imfuyo (formerly known as Lofte Kesho) is an Agri fintech enabling livestock collateral for Kenyan farmers

Last round

Grant

Total raised

$ 0

Employee

2-10

FaidiHR

Founded

2018

Overview

FaidiHR is an all-in-one cloud platform that allows small and medium enterprises in Africa to automate their HR processes

Last round

Pre-seed

Total raised

$ 0

Employee

2-10

Shecluded

Founded

2019

Overview

Shecluded is a Nigerian financial services and business resource company for women by women.

Last round

Non-equity Assistance

Total raised

$ 0

Employee

11-50

Exits.me

Founded

2022

Overview

EXITS is the regional online investment marketplace where individuals and business owners can buy and sell business

Last round

Seed

Total raised

$ 0

Employee

11-50

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