P2P Startups in Africa

P2P lending in West Africa faces challenges: low financial literacy, lack of credit data. Local business leaders are skeptical due to high default rates and regulatory uncertainty. Despite these hurdles, players like dryve, Lendor, and Salfny are gaining traction by leveraging mobile tech and partnerships with local banks.

Total Sectors
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Market Map

12 companies in this sector

CompanyTaglineTotal FundingLast RoundTeam SizeBackersAction
WallX
WallX
Nigeria

WallX is a Nigerian FinTech which offers fast and secure B2B Payment Solution for African Businesses

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Grant
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11-50
No Data
useazza
useazza
Nigeria

Useazza is a Lagos-based fintech startup building Azza, a WhatsApp-integrated AI crypto wallet simplifying digital transactions.

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-
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1-10
No Data
Retag
Retag
Egypt

Retag is a peer to peer fashion resale marketplace to Buy/Sell Pre-owned & new fashion items for Women, Men & Kids.

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Non-equity Assistance
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11-50
No Data
Efficacy Payments
Efficacy Payments
South Africa

Efficacy Payments provides p2p payments, card POS acceptance, disbursement, and POS services.

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Venture
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11-50
No Data
Vella Finance
Vella Finance
Nigeria

Vella Finance is a fintech company which offers financial infrastructure for local and cross-border payments, targeting SMEs in Africa.

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Pre-seed
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2-10
No Data
Quiqpay
Quiqpay
Rwanda

Quiqpay is enabling access to financial services for anyone with a mobile phone.

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-
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2-10
No Data

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