How much funding have Payments startups in Rwanda raised?

Payments startups in Rwanda have raised $260K across 9 disclosed rounds.

Who invests in Payments startups in Rwanda?

Google has backed 2 of them, followed by Filecoin Techstars Accelerator (1) and Norrsken Foundation (1). 5 investors have backed Payments startups in Rwanda in total.

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Payments startups in Rwanda

StartupList Africa tracks 15 Payments startups in Rwanda, which have raised $260K across 9 disclosed rounds. Kigali has the most, with 13. 5 investors have backed them.

Companies: 15; in Rwanda
Total raised: $260K; 9 rounds
Investors: 5; backed them

Updated 21 Oct 202615 companiesSource: SLA Startup IndexHow sectors are assigned →Full directory →

Payments startups in Rwanda15

#	Startup	What they do	Last round	Raised	Team
1	InversePayRwanda	App for sending money from the UK, Europe and North America to banks and mobile wallets in Africa within minutes.	-	Not disclosed
2	UiRunRwanda	Developer API gateway in Rwanda for MTN MoMo, Airtel Money, airtime, utility bills, taxes and WhatsApp numbers.	-	Not disclosed	2–10
3	PinfeeRwanda	Rwandan payment app for school fees, gym memberships and waste collection bills via MTN MoMo or Airtel Money.	-	Not disclosed
4	NardoPayRwanda	Pan-African payment platform for sellers to accept cards, mobile money and bank transfers via links, subscriptions and donations.	-	Not disclosed	2–10
5	meCashRwanda	Cross-border payments and multi-currency wallets for African SMEs	-	Not disclosed
6	TandPayRwanda	Protected checkout and storefronts for social-commerce sellers in Rwanda, releasing MoMo payments after delivery.	-	Not disclosed
7	TikMoneyRwanda	Payment gateway for online payments, POS, disbursements and virtual wallets in Rwanda, Burundi, Uganda and Kenya.	-	Not disclosed	2–10
8	K-PayRwanda	Rwandan online payment gateway letting e-commerce merchants accept Visa, Mastercard, Amex and mobile money payments.	-	Not disclosed
9	PeblaRwanda	Rwandan payments app to send money offline, split bills by QR or receipt scan, buy airtime and utilities, and earn rewards.	-	Not disclosed
10	RaisinRwanda	Rwandan payments aggregator for mobile money and cards, with the Akokanya services and Ticket.rw e-ticketing platform	-	Not disclosed	2–10
11	FarangaRwanda	Mobile money app for MTN MoMo and Airtel Money users in Rwanda with faster transfers and spending insights	-	Not disclosed	2–10
12	SPENNRwanda	Fee-free mobile banking app in Rwanda and Zambia for sending money, quick loans and agent and business payments	-	Not disclosed	51–200
13	BailportRwanda	BailPort is a Rwandan multi-currency e-wallet that helps users exchange, save and send money instantly at the best possible rates	Grant	Not disclosed	2–10
14	MERGIMSRwanda	Mergrims is a prepayment platform of products and services of first necessity in Rwanda.	Non-equity Assistance	$160K	1–10
15	PesaChoice LLCRwanda	PesaChoice is a leading provider of payment solutions in Rwanda	Grant	$100K	11–50

SLA Startup Index · as of 21 Oct 2026 · raised is disclosed funding

Showing 1–15 of 15

Frequently asked about Payments in Rwanda

How many Payments startups are there in Rwanda?: StartupList Africa tracks 15 Payments startups in Rwanda.
How much funding have Payments startups in Rwanda raised?: Payments startups in Rwanda have raised $260K across 9 disclosed rounds.
Who invests in Payments startups in Rwanda?: Google has backed 2 of them, followed by Filecoin Techstars Accelerator (1) and Norrsken Foundation (1). 5 investors have backed Payments startups in Rwanda in total.
Where in Rwanda are Payments startups based?: Kigali (13) have the most.

Cite this page

StartupList Africa, “Payments startups in Rwanda”, updated 21 Oct 2026.

startuplist.africa/countries/rwanda/industries/payments