How much funding have BNPL startups in South Africa raised?

BNPL startups in South Africa have raised $7M across 4 disclosed rounds.

Who invests in BNPL startups in South Africa?

4Di Capital has backed 1 of them, followed by DotExe Ventures (1) and E4E Africa (1). 13 investors have backed BNPL startups in South Africa in total.

Where in South Africa are BNPL startups based?

Cape Town (2), Centurion (1) and Durban (1) have the most.

Sector × countryUpdated daily

BNPL startups in South Africa

StartupList Africa tracks 7 BNPL startups in South Africa, which have raised $7M across 4 disclosed rounds. Cape Town has the most, with 2, followed by Centurion (1) and Durban (1). 13 investors have backed them.

Companies: 7; in South Africa
Total raised: $7M; 4 rounds
Investors: 13; backed them

Updated 26 Oct 20267 companiesSource: SLA Startup IndexHow sectors are assigned →Full directory →

BNPL startups in South Africa7

#	Startup	What they do	Last round	Raised	Team
1	MotopaySouth Africa	Store for Uber drivers in South Africa to buy fuel, phones and gear and pay through their Uber account.	-	Not disclosed	2–10
2	TapNGoSouth Africa	Buy now, pay later service for South African retail shoppers with AI-based credit approvals.	-	Not disclosed	2–10
3	eKasi Pay CreditSouth Africa	Self-service online payday and short-term loans, plus BNPL and lay-by APIs, from an NCR-registered lender.	-	Not disclosed	2–10
4	Sunshine LoansSouth Africa	Online short-term payday loans from R500 to R4,000 in South Africa	-	Not disclosed
5	Fly n Pay LaterSouth Africa	IATA-accredited South African flight booking site that lets travellers pay for tickets in instalments through PayJustNow, Happy Pay and Float.	-	Not disclosed	2–10
6	Spiral PaySouth Africa	BNPL point-of-sale tool that lets South African service businesses take payments from any buy-now-pay-later provider via links.	-	Not disclosed	11–50
7	Happy PaySouth Africa	Happy Pay is pioneering responsible zero-interest payments.	Seed	$7M	11–50

SLA Startup Index · as of 26 Oct 2026 · raised is disclosed funding

Showing 1–7 of 7

Frequently asked about BNPL in South Africa

How many BNPL startups are there in South Africa?: StartupList Africa tracks 7 BNPL startups in South Africa.
How much funding have BNPL startups in South Africa raised?: BNPL startups in South Africa have raised $7M across 4 disclosed rounds.
Who invests in BNPL startups in South Africa?: 4Di Capital has backed 1 of them, followed by DotExe Ventures (1) and E4E Africa (1). 13 investors have backed BNPL startups in South Africa in total.
Where in South Africa are BNPL startups based?: Cape Town (2), Centurion (1) and Durban (1) have the most.

Cite this page

StartupList Africa, “BNPL startups in South Africa”, updated 26 Oct 2026.

startuplist.africa/countries/south-africa/industries/bnpl