Virtual Banking Startups in Africa
Overview Powered by AI
Virtual banking is gaining traction, driven by fintech innovation and smartphone penetration. Leaf has made a splash, but competition is heating up with incumbents like Absa and FNB launching digital-only offerings. Business leaders are cautiously optimistic, seeing virtual banks as a potential catalyst for financial inclusion and convenience. However, concerns remain about data security and regulatory oversight.
Cummulative Funding
$268.9K+
Total # of Companies
1
Total Deal Count
3
Total M&A Count
0
Total # of Investors
4
List of Virtual Banking startups in Africa
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Founded
2017
Overview
Leaf is a Rwandan startup which offers virtual banking services to vulnerable populations crossing borders.
Last round
Grant
Total raised
$ 268,900
Employee
2-10