Credit Startups in Africa

East Africa's credit landscape is evolving rapidly. Tala and Bayport dominate lending, but InfraCredit's guarantee model is unlocking funding for local lenders. Business leaders see credit as crucial for growth but express concerns about over-indebtedness. Local challenger banks and fintechs are emerging, offering innovative credit solutions tailored to the market's unique needs.

Avg. Deal Size
$17.9M+0%
Active Startups
31+0%
Total Funding
$914.4M+0%
Avg. Growth
-100%+0%

Market Map

31 companies in this sector

CompanyTaglineTotal FundingLast RoundTeam SizeBackersAction
Shecluded
Shecluded
Nigeria

Shecluded is a Nigerian financial services and business resource company for women by women.

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Non-equity Assistance
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11-50
No Data
CentWise
CentWise
Rwanda

CentWise is bridging the funding gap for the millions of micro traders in Africa by derisking them through group-based collateral substitution.

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-
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2-10
No Data
PayingTone
PayingTone
Rwanda

PayingTone is a marketplace that provides ecologically trackable products & services on credit.

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-
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2-10
No Data
AjoMoney
AjoMoney
Nigeria

AjoMoney digitizes traditional group savings, offering secure, transparent credit access for communities.

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1-10
No Data
Sevi
Sevi
Kenya

Sevi provides a B2B buy now, pay later solution. The Sevi app facilitates buying products/stock/assets on credit and easy repayment.

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Venture
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51-200
No Data
Lesaka Technologies
Lesaka Technologies
South Africa

Lesaka is a South African FinTech startup that delivers financial services to consumers and merchants through proprietary banking technologies.

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Private Equity
-
1,001-5,000
No Data

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