How much funding have Lending startups in South Africa raised?

Lending startups in South Africa have raised $173M across 14 disclosed rounds.

Who invests in Lending startups in South Africa?

10K Ventures has backed 1 of them, followed by 212 (1) and Accion Venture Lab (1). 28 investors have backed Lending startups in South Africa in total.

Where in South Africa are Lending startups based?

Cape Town (3), Johannesburg (2) and Bryanston (1) have the most.

Sector × countryUpdated daily

Lending startups in South Africa

StartupList Africa tracks 7 Lending startups in South Africa, which have raised $173M across 14 disclosed rounds. Cape Town has the most, with 3, followed by Johannesburg (2) and Bryanston (1). 28 investors have backed them.

Companies: 7; in South Africa
Total raised: $173M; 14 rounds
Investors: 28; backed them

Updated 20 Oct 20267 companiesSource: SLA Startup IndexHow sectors are assigned →Full directory →

Lending startups in South Africa7

#	Startup	What they do	Last round	Raised	Team
1	Southern FinanceSouth Africa	Apply online for short-term loans with fast payout	-	Not disclosed
2	MortgageMarketSouth Africa	Home loan marketplace that lets South Africans apply to seven banks at once in under two minutes, with cashback.	-	Not disclosed	11–50
3	InoxicoSouth Africa	Inoxico utilises credit analytics and data to provide commercial credit solutions for corporates both locally and internationally.	Private Equity	Not disclosed	51–200
4	Flow48South Africa	Flow48 enables SME growth by transforming future revenues into up-front capital under flexible terms.	Debt Financing	$94M	11–50
5	LulalendSouth Africa	Digital business funding and banking for South African SMEs	Debt Financing	$77M	11–50
6	Retail CapitalSouth Africa	Retail Capital is a South African fintech company which provides funding to small and medium-sized businesses	Private Equity	$1M	51–200
7	Bright On CapitalSouth Africa	Bright On Capital is a peer-to-peer online enterprise-lending platform for SMEs to raise working capital funding from lenders.	Debt Financing	$655K	2–10

SLA Startup Index · as of 20 Oct 2026 · raised is disclosed funding

Showing 1–7 of 7

Frequently asked about Lending in South Africa

How many Lending startups are there in South Africa?: StartupList Africa tracks 7 Lending startups in South Africa.
How much funding have Lending startups in South Africa raised?: Lending startups in South Africa have raised $173M across 14 disclosed rounds.
Who invests in Lending startups in South Africa?: 10K Ventures has backed 1 of them, followed by 212 (1) and Accion Venture Lab (1). 28 investors have backed Lending startups in South Africa in total.
Where in South Africa are Lending startups based?: Cape Town (3), Johannesburg (2) and Bryanston (1) have the most.

Cite this page

StartupList Africa, “Lending startups in South Africa”, updated 20 Oct 2026.

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