Banking Startups in Africa

Banking innovation is heating up in Southern Africa. Digital upstarts like MNT-Halan are shaking up the market with lower fees and mobile-first services. Traditional banks are fighting back with partnerships and digitization initiatives. Business leaders are cautiously optimistic, but see significant potential in the long run.

Avg. Deal Size
$23.6M+0%
Active Startups
60+0%
Total Funding
$2.6B+0%
Avg. Growth
-100%+0%

Market Map

60 companies in this sector

CompanyTaglineTotal FundingLast RoundTeam SizeBackersAction
Startups Co-operative Credit Union (STARTCCU)
Startups Co-operative Credit Union (STARTCCU)
Ghana

STARTCCU is a groundbreaking fintech solution dedicated to providing access to financing and support services for startups and MSMEs

-
-
-
2-10
No Data
Tanda
Tanda
Kenya

Tanda is a Kenyan fintech startup working to revolutionize access to digital financial services for micro-retilers across Africa.

-
Pre-Series A
-
51-200
No Data
Bloc
Bloc
Nigeria

Bloc is building the all-in-one FinTech infrastructure stack — for startups and organisations.

-
-
-
201-500
No Data
Lenco
Lenco
Nigeria

Lenco provides full-fledged current accounts for banking services and expense management for business growth.

-
Seed
-
11-50
No Data
VB
VBank.NG
Nigeria

VBank.NG is a Nigerian FinTech platform that provides mobile banking services for users.

-
-
-
201-500
No Data
Faydety
Faydety
Egypt

Faydety is an Egyptian startup which allows users to find, compare and apply to banking products online.

-
-
-
11-50
No Data

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