Banking innovation is heating up in Southern Africa. Digital upstarts like MNT-Halan are shaking up the market with lower fees and mobile-first services. Traditional banks are fighting back with partnerships and digitization initiatives. Business leaders are cautiously optimistic, but see significant potential in the long run.
Tracked Companies
60
Total Sectors
--
Market Map
60 companies in this sector
Company
Tagline
Total Funding
Last Round
Team Size
Backers
Action
Faydety
Egypt
Faydety is an Egyptian startup which allows users to find, compare and apply to banking products online.
-
-
-
11-50
No Data
Bloc
Nigeria
Bloc is building the all-in-one FinTech infrastructure stack — for startups and organisations.
-
-
-
201-500
No Data
Startups Co-operative Credit Union (STARTCCU)
Ghana
STARTCCU is a groundbreaking fintech solution dedicated to providing access to financing and support services for startups and MSMEs
-
-
-
2-10
No Data
Zeeh Africa
Nigeria
Zeeh Africa is an AI-powered open banking platform revolutionizing financial services in Africa.
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Grant
-
11-50
No Data
VBank.NG
Nigeria
VBank.NG is a Nigerian FinTech platform that provides mobile banking services for users.
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-
-
201-500
No Data
Balad
Egypt
Balad is a FinTech company that provides prepaid card solutions for underbanked family members of Egyptian migrants abroad.
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Non-equity Assistance
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11-50
No Data
Lenco
Nigeria
Lenco provides full-fledged current accounts for banking services and expense management for business growth.
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Seed
-
11-50
No Data
DOLLARPESA LTD
South Africa
Dollarpesa is a trusted and secure currency exchange platform
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-
-
2-10
No Data
Plumter
Nigeria
Plumter is helping to facilitate easy foreign payments and international banking for African businesses.
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Seed
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2-10
No Data
VantagePay
South Africa
VantagePay provides white-label payment and technology solutions to the Banking, Telco, Financial Services and Consumer Product Industries.
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Series A
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11-50
No Data
Voola
Bahrain
CryptoWallet, high secure messenger, bank acquiring, StableNFT technology, OS for mobile & smart devices
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-
-
2-10
No Data
Qruzpay
Nigeria
Qruzpay is a digital wallet that allows you to store, send, and receive money in a matter of seconds.
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-
-
2-10
No Data
Renmoney
Nigeria
Renmoney is a fintech lending company operating on a Microfinance Banking license in Lagos, Nigeria.
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-
-
501-1,000
No Data
Menthum
Egypt
Menthum is an Egypt-based FinTech venture which is devising a digital saving solution that's simple & secure.
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Pre-seed
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11-50
No Data
ZEDI
Rwanda
Zedi.rw: Empowering Education, Empowering Lives. Answer questions, earn funds for school fees and personal needs.
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-
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10-50
No Data
MNT-Halan
Egypt
MNT-Halan is Egypt’s largest and fastest growing lender to the unbanked.
$948M
Debt Financing
-
10,001+
No Data
TymeBank
South Africa
TymeBank is a South African fully black-owned and controlled investment company.
$528M
Series D
-
51-200
No Data
Moniepoint
Nigeria
Moniepoint provides a seamless platform to accept payments digitally, receive credit and access business management tools.
$293M
Series C
-
1,001-5,000
No Data
Fawry
Egypt
Fawry is the leading Egyptian platform for digital transformation & e-payments
$122M
Private Equity
-
251-500
No Data
Oragroup SA
Togo
Oragroup SA provides personal and business banking services.
$100M
Debt Financing
-
1001-5000
No Data
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