Digital Banking Startups in Africa
StartupList Africa tracks 7 Digital Banking startups across Africa, which have raised $79.5M in disclosed funding. Kenya has the most, with 2, followed by Dr Congo (1) and Egypt (1).
Updated
Digital Banking companies
7 companies in this sector
| Company | Tagline | Total Funding | Last Round | Team Size | Backers | Action |
|---|---|---|---|---|---|---|
Dr Congo | Mekka is revolutionizing financial services across Africa by building the continent’s first dedicated neobank for enterprises. | - | Funding Round - | 11-50 | No Data | |
 South Africa | Bank Zero is a South African app-only digital mutual bank. | - | - - | 11-50 | No Data | |
Egypt | Digitizing Collaborative Group Lending and Savings in Egypt | $62M | Pre-Series C - | 51-200 | No Data | |
 Nigeria | Kulipa: Paris‑based fintech, B2B stablecoin infrastructure with Nigerian presence. | $9M | Seed - | 1-10 | No Data | |
Kenya | Kwara is a Nairobi and Berlin based startup offering affordable digital banking | $7M | Seed - | 11-50 | No Data | |
 Kenya | Paycloud empowers African SMEs with digital banking, smart POS, and AI-driven financing solutions. | $850K | Grant - | 1-10 | No Data |
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Top Digital Banking investors in Africa
- Milken-Motsepe Innovation Prize Programbacked 2
- 1864 Acceleratorbacked 1
- 4DX Venturesbacked 1
- 500 Globalbacked 1
- Al Mada Venturesbacked 1
- Arzan Venture Capitalbacked 1
Digital Banking startups: quick facts
- How many Digital Banking startups are there in Africa?
- StartupList Africa tracks 7 Digital Banking startups across Africa.
- How much funding have Digital Banking startups in Africa raised?
- Digital Banking startups in Africa have raised $79.5M in disclosed funding.
- Which African countries have the most Digital Banking startups?
- Kenya has the most, with 2, followed by Dr Congo (1) and Egypt (1).
- Who invests in Digital Banking startups in Africa?
- Milken-Motsepe Innovation Prize Program has backed 2 Digital Banking startups, followed by 1864 Accelerator (1) and 4DX Ventures (1).
