USSD Startups in Africa
Overview Powered by AI
USSD remains a key channel in Africa, but adoption of mobile money alternatives and low margins are squeezing revenue. Local leaders see USSD as a legacy solution that needs reinvention to unlock new value streams beyond basic financial services.
Cummulative Funding
$2.2M+
Total # of Companies
2
Total Deal Count
2
Total M&A Count
0
Total # of Investors
7
List of USSD startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Stax is a startup that allows Africans to buy airtime, send and request money, and transfer funds between accounts via automated USSD codes | Seed | $ 2,200,000 | 2020 | |
mSwali is a Kenyan EdTech startup on a mission to promote the knowledge of African adult population. | Pre-seed | Undisclosed | 2016 |
Founded
2020
Overview
Stax is a startup that allows Africans to buy airtime, send and request money, and transfer funds between accounts via automated USSD codes
Last round
Seed
Total raised
$ 2,200,000
Employee
11-50
Founded
2016
Overview
mSwali is a Kenyan EdTech startup on a mission to promote the knowledge of African adult population.
Last round
Pre-seed
Total raised
$ 0
Employee
2-10