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Payment Solutions Startups in Africa

Payment solutions in East Africa are heating up. Lucky and valU are making waves, but local business leaders are cautious about disruption. They see potential in mobile money solutions, but concerns remain over interoperability and regulation. The market is ripe for innovation, but players need to overcome trust and security challenges to gain widespread adoption.

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Market Map

2 companies in this sector

CompanyTaglineTotal FundingLast RoundTeam SizeBackersAction
valU
valU
Egypt

valU is a Buy-Now, Pay-Later lifestyle enabling solution which empowers customers' shopping experience.

$192M
Post-IPO Debt
-
201-500
No Data
Lucky
Lucky
Egypt

Revolutionizing shopping, payment, and saving in the Middle East and North Africa.

$28M
Convertible Note
-
201-500
No Data