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Cross-Border Payments Startups in Africa

Cross-border payments in Africa are a complex landscape, with a mix of traditional and emerging players. While startups like Leatherback, Zazuu, and Shekel Mobility are gaining traction, established players like Western Union and MoneyGram still dominate. Local business leaders are eager for faster, cheaper, and more transparent cross-border payment options, but concerns remain around regulatory compliance and currency volatility.

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Market Map

29 companies in this sector

CompanyTaglineTotal FundingLast RoundTeam SizeBackersAction
IPT Africa
IPT Africa
Mauritius

IPT Africa enables secure B2B cross-border payments, payroll, and FX solutions across Africa.

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11-50
No Data
Quiqpay
Quiqpay
Rwanda

Quiqpay is enabling access to financial services for anyone with a mobile phone.

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2-10
No Data
Vepay
Vepay
Nigeria

Vepay is a Nigerian fintech offering seamless cross-border payments, virtual cards, and global transfers.

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11-50
No Data
Hurupay
Hurupay
Kenya

Hurupay is a fintech platform offering stablecoin-backed virtual accounts for freelancers, remote workers, and individuals.

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Founding Round
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1-10
No Data
Ezeebit
Ezeebit
South Africa

Ezeebit is a B2B fintech platform helping African merchants accept crypto payments with instant, low‑cost settlement.

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1-10
No Data
Zuba
Zuba
Nigeria

Zuba is a Cross-border payments into and out of Africa in under five minutes.

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Seed
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11-50
No Data

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