Consumer Credit Startups in Africa
StartupList Africa tracks 5 Consumer Credit startups across Africa, which have raised $110.3M in disclosed funding. Egypt has the most, with 1, followed by Egypt, Arab Rep. (1) and Ghana (1).
Updated
Avg. Deal Size
$6.1M
Active Startups
5
Total Funding
$110.3M
Avg. Growth
0%
Consumer Credit companies
5 companies in this sector
| Company | Tagline | Total Funding | Last Round | Team Size | Backers | Action |
|---|---|---|---|---|---|---|
Egypt | Digitizing Collaborative Group Lending and Savings in Egypt | $62M | Pre-Series C - | 51-200 | No Data | |
![]() Egypt | Mylo is a Cairo-based B2C fintech platform, spun out of B.TECH, offering Sharia-compliant consumer finance solutions. | $37M | Debt Financing - | 201-500 | No Data | |
![]() Kenya | MyCredit is a Kenyan consumer-focused fintech offering quick loans and insurance solutions to individuals. | $9M | Debt Financing - | 201-500 | No Data | |
![]() South Africa | Empowering business growth through tools and credit management. | $2M | Pre-seed - | 2-10 | No Data | |
Ghana | Motito is a consumer fintech company offering “Buy Now, Pay Later” services to individuals across Africa. | $139K | Pre-seed - | 1-10 | No Data |
Top Consumer Credit investors in Africa
- 1864 Acceleratorbacked 1
- 4DX Venturesbacked 1
- 500 Globalbacked 1
- Africa Startup Initiativebacked 1
- Al Mada Venturesbacked 1
- Arzan Venture Capitalbacked 1
Consumer Credit startups: quick facts
- How many Consumer Credit startups are there in Africa?
- StartupList Africa tracks 5 Consumer Credit startups across Africa.
- How much funding have Consumer Credit startups in Africa raised?
- Consumer Credit startups in Africa have raised $110.3M in disclosed funding.
- Which African countries have the most Consumer Credit startups?
- Egypt has the most, with 1, followed by Egypt, Arab Rep. (1) and Ghana (1).
- Who invests in Consumer Credit startups in Africa?
- 1864 Accelerator has backed 1 Consumer Credit startup, followed by 4DX Ventures (1) and 500 Global (1).


