SME Startups in Africa

SME market in Southern Africa is still nascent but gaining traction. Pivo, Boost Ghana are making waves, but local players like Yoco, Ozow, and Jumo are also gaining ground. Business leaders see the potential but concerns remain about infrastructure, regulation, and access to funding. The key is collaboration between fintechs, banks, and governments to unlock growth.

Total Sectors
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Market Map

11 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
-
11-50
No Data
NEAT Microcredit
NEAT Microcredit
Nigeria

NEAT Microcredit is empowering entrepreneurs in Nigeria through collateral-free loans,

-
Seed
-
51-200
No Data
Agel
Agel
Egypt

Agel is Egypt’s First Islamic Fintech; aiming to provide alternative financing solutions that cater MSMEs unique needs.

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Pre-seed
-
11-50
No Data
Tasaheel
Tasaheel
Egypt

Tasaheel is a financing company for micro-projects with easy and simple payment systems.

$138M
Funding Round
-
10,001+
No Data
Flow48
Flow48
South Africa

Flow48 enables SME growth by transforming future revenues into up-front capital under flexible terms.

$94M
Series A
-
11-50
No Data
Zuvy
Zuvy
Nigeria

Zuvy provides software for vendors and their buyers to settle invoices and manage payment schedules.

$5M
Debt Financing
-
11-50
No Data

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