What industries are covered on StartupList Africa?

The page covers major sectors such as fintech, commerce, health, enterprise software, AI, climate, logistics, and other emerging technology categories.

How should investors use these sector pages?

Use sector pages to compare startup density, identify active categories, and prioritize verticals before drilling into startup and investor profile data.

Can operators use sector pages for market analysis?

Yes. Operators can use the sector map to benchmark competitive landscapes, evaluate adjacent categories, and spot partnership opportunities.

Home IndustriesBaaS

BaaS Startups in Africa

BaaS in Africa: Gaining traction, but challenges remain. Local leaders see it as a potential game-changer for financial inclusion and digital transformation. Key concerns include regulatory compliance, infrastructure limitations, and customer adoption.

Tracked Companies

Avg. Deal Size

$2.4M+0%

Active Startups

12+0%

Total Funding

$33.1M+0%

Avg. Growth

0%+0%

Market Map

12 companies in this sector

Company	Tagline	Total Funding	Last Round	Team Size	Backers
Menthum Egypt	Menthum is an Egypt-based FinTech venture which is devising a digital saving solution that's simple & secure.	-	Pre-seed -	11-50	No Data
Bloc Nigeria	Bloc is building the all-in-one FinTech infrastructure stack — for startups and organisations.	-	- -	201-500	No Data
Bank Zero South Africa	Bank Zero is a South African app-only digital mutual bank.	-	- -	11-50	No Data
ARC Ride Kenya	ARC Ride is providing the electric solution to mass-transportation in rapidly-growing African cities.	$20M	Venture -	11-50	No Data
Maplerad Nigeria	Banking services for the unbanked: Maplerad provides a modern banking platform for Nigerians.	$6M	Seed -	2-10	No Data
Anchor Nigeria	Anchor is a banking-as-a-service startup that builds, embeds and launch financial products for African businesses.	$3M	Non-equity Assistance -	2-10	No Data

Brass Nigeria	Brass is a Nigerian-based digital bank that provides a platform for the growth of especially small and medium scale businesses.	$2M	Seed -	11-50	No Data
KIMS Microfinance Somalia	KIMS Microfinance is Somalia’s first and only dedicated and privately-owned microfinance institution.	$1M	Venture -	51-200	No Data
EasyBank Tunisia	EasyBank provides digital solutions that enhance access to loans and other financial products.	$370K	Seed -	2-10	No Data
Cauri Money Senegal	Cauri Money offers payment services for African diasporas	$350K	Grant -	2-10	No Data
hela.money Kenya	hela.money aims to digitise the way money moves and flows in the global economy.	$175K	Non-equity Assistance -	2-10	No Data
Lemonade Payments Kenya	Lemonade Payments is a fintech company simplifying business transactions with seamless payments, transfers, and financial tools.	$100K	Pre-seed -	11-50	No Data

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