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Banking-as-a-Service Startups in Africa

StartupList Africa tracks 6 Banking-as-a-Service startups across Africa, which have raised $1.6M in disclosed funding. Kenya has the most, with 2, followed by Nigeria (1) and Senegal (1).

Updated

Avg. Deal Size
$270.8K
Active Startups
6
Total Funding
$1.6M
Avg. Growth
0%

Banking-as-a-Service companies

6 companies in this sector

CompanyTaglineTotal FundingLast RoundTeam SizeBackersAction
Nigeria

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

-
-
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201-500
No Data
South Africa

Bank Zero is a South African app-only digital mutual bank.

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11-50
No Data

KIMS Microfinance is Somalia’s first and only dedicated and privately-owned microfinance institution.

$1M
Venture
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51-200
No Data

Cauri Money offers payment services for African diasporas

$350K
Grant
-
2-10
No Data

hela.money aims to digitise the way money moves and flows in the global economy.

$175K
Non-equity Assistance
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2-10
No Data

Lemonade Payments is a fintech company simplifying business transactions with seamless payments, transfers, and financial tools.

$100K
Seed
-
11-50
No Data

Top Banking-as-a-Service investors in Africa

Banking-as-a-Service startups: quick facts

How many Banking-as-a-Service startups are there in Africa?
StartupList Africa tracks 6 Banking-as-a-Service startups across Africa.
How much funding have Banking-as-a-Service startups in Africa raised?
Banking-as-a-Service startups in Africa have raised $1.6M in disclosed funding.
Which African countries have the most Banking-as-a-Service startups?
Kenya has the most, with 2, followed by Nigeria (1) and Senegal (1).
Who invests in Banking-as-a-Service startups in Africa?
Acumen has backed 1 Banking-as-a-Service startup, followed by AWS FinTech Africa Accelerator (1) and Google (1).