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Bank as a Service Startups in Africa

Baas is gaining traction, with Bankly leading the charge. Local businesses recognize its potential to enhance financial inclusion, drive innovation, and lower costs. However, infrastructure limitations and regulatory hurdles remain challenges that need to be addressed for wider adoption.

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Market Map

1 companies in this sector

CompanyTaglineTotal FundingLast RoundTeam SizeBackersAction
Bankly
Bankly
Nigeria

Bankly is a Lagos-based Fintech which offers direct-to-consumer (DTC) products to Nigeria’s unbanked and underbanked populations.

$2M
Seed
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11-50
No Data