HomeIndustriesConsumer Finance

Consumer Finance Startups in Africa

Consumer finance is gaining traction, especially post-COVID. Buy now, pay later services like valU are popular, as they offer accessible credit to underserved consumers. However, regulation is still catching up, creating both opportunities and challenges for players in this space.

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Market Map

4 companies in this sector

CompanyTaglineTotal FundingLast RoundTeam SizeBackersAction
valU
valU
Egypt

valU is a Buy-Now, Pay-Later lifestyle enabling solution which empowers customers' shopping experience.

$192M
Post-IPO Debt
-
201-500
No Data
Mylo
Mylo
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
MyCredit
MyCredit
Kenya

MyCredit is a Kenyan consumer-focused fintech offering quick loans and insurance solutions to individuals.

$9M
Debt Financing
-
201-500
No Data
mystocks.africa
mystocks.africa
South Africa

MyStocks.Africa is a B2C fintech platform giving retail investors access to live stock data and trading.

$125K
Non-equity Assistance
-
1-10
No Data