HomeIndustriesBuy Now Pay Later

Buy Now Pay Later Startups in Africa

BNPL is taking off in East Africa, driven by rising smartphone penetration and a growing middle class. Klump and ProXalys are leading players, but smaller players are emerging. Local business leaders see BNPL as a way to boost sales and reach new customers, but concerns persist about credit risks and regulatory oversight.

Total Sectors
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Market Map

7 companies in this sector

CompanyTaglineTotal FundingLast RoundTeam SizeBackersAction
Leya Labs
Leya Labs
Cote D'ivoire

Leya Labs: Empowering Africa’s mobile money networks with B2B fintech.

-
Seed
-
51-200
No Data
Sevi
Sevi
Kenya

Sevi provides a B2B buy now, pay later solution. The Sevi app facilitates buying products/stock/assets on credit and easy repayment.

-
Venture
-
51-200
No Data
GoCab
GoCab
Cote D'ivoire

GoCab: Ivorian fintech startup empowering entrepreneurs with accessible financial solutions.

$45M
Debt Financing
-
51-200
No Data
Happy Pay
Happy Pay
South Africa

Happy Pay is pioneering responsible zero-interest payments.

$7M
Seed
-
11-50
No Data
Klump
Klump
Nigeria

Klump is a Buy Now, Pay Later product offering alternative checkout and in-store loans to customers and businesses.

$780K
Pre-seed
-
2-10
No Data
ProXalys
ProXalys
Senegal

ProXalys is a flagship African platform specializing in sales with installment and deferred payment.

$150K
Pre-seed
-
11-50
No Data

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