How much funding have Financial Inclusion startups in Africa raised?

Financial Inclusion startups in Africa have raised $501.2M in disclosed funding.

Who invests in Financial Inclusion startups in Africa?

Launch Africa has backed 3 Financial Inclusion startups, followed by Village Capital (3) and Chui Ventures (2).

SectorUpdated daily

Financial Inclusion startups in Africa

StartupList Africa tracks 62 Financial Inclusion startups across Africa, which have raised $501.2M in disclosed funding. Nigeria has the most, with 19, followed by South Africa (10) and Ghana (8).

Companies: 62; in this sector
Avg. Deal Size: $8M
Total Funding: $501.2M

GroupFintech & Capital10 sectors

Updated 26 Oct 202662 companiesSource: SLA Startup IndexHow sectors are assigned →Full directory →

All Financial Inclusion startups62

+ Submit a startup

#	Startup	What they do	Last round	Raised	Team
1	AjoCardNigeria	AjoCard is a Nigerian fintech offering savings, micro-loans, payments and health insurance for the unbanked and underserved	Not disclosed	Not disclosed
2	Jamii.oneEthiopia	Digitise savings groups with transparent records and insurance	Not disclosed	Not disclosed
3	PayCurveSouth Africa	PayCurve is a South Africa B2B fintech offering earned wage access.	Not disclosed	Not disclosed	11–50
4	AddressMeSouth Africa	AddressMe is a South African startup providing digital addresses to underserved communities.	Seed	Not disclosed	1–10
5	OwoafaraNigeria	Owoafara is building a digital bank for the informal economy	Venture	Not disclosed	2–10
6	SizananiSouth Africa	Sizanani is a financial services advisory platform whose main objective is to promote financial inclusion	Grant	Not disclosed	11–50
7	Business For TeensEgypt	Business For Teens, under Grow Academy, teaches entrepreneurship and financial literacy to teenagers.	Pre-seed	Not disclosed	1–10
8	AgelEgypt	Agel is Egypt’s First Islamic Fintech; aiming to provide alternative financing solutions that cater MSMEs unique needs.	Pre-seed	Not disclosed	11–50
9	E-SettlementNigeria	E-Settlement is a financial service provider with offerings that cater to everyday financial problems.	Not disclosed	Not disclosed	51–200
10	Huza HRRwanda	HR and payroll software for SMEs, with employee salary advances	Not disclosed	Not disclosed
11	VittasNigeria	Vittas is a health‑focused fintech startup providing credit infrastructure for businesses in Africa’s healthcare ecosystem.	Not disclosed	Not disclosed	1–10
12	CreditGOEgypt	CreditGO is an Egyptian a free mobile application for electronic payments that serves C and D segments' merchants	Seed	Not disclosed	11–50
13	AlajoNigeria	Alajo is an Escrowed Digital Savings Platform for the Under(un)banked in Africa, without the need of internet access.	Non-equity Assistance	Not disclosed	2–10
14	PhunditGhana	Phundit is a mobile app that helps young professionals in Africa invest in mutual funds, guided by Zoe, an AI assistant	Venture	Not disclosed	1–10
15	Money AfricaNigeria	Money Africa is a financial literacy company that takes you on all you need to know about your money.	Not disclosed	Not disclosed	11–50
16	PressPayNgNigeria	PressPayNg helps African learners save and access loans, scholarships, grants, and crowdfunding	Seed	Not disclosed	11–50
17	Leya LabsCote D'ivoire	Leya Labs: Empowering Africa’s mobile money networks with B2B fintech.	Seed	Not disclosed	51–200
18	Shiga DigitalNigeria	Shiga Digital is a B2B fintech startup offering on‑chain banking solutions for African enterprises.	Corporate	Not disclosed	1–10
19	ZubaNigeria	Zuba is a Cross-border payments into and out of Africa in under five minutes.	Seed	Not disclosed	11–50
20	PaymyrentNigeria	Save daily towards rent and access rent loans in Nigeria	Not disclosed	Not disclosed

SLA Startup Index · raised is disclosed funding

Showing 1–20 of 62

Visitors see the first 20 companies of each sector. Starter: 50 results per search. Pro: CSV export, Ask AI and valuations. See plans

Financial Inclusion startups by countryby startups

All countries →

Top Financial Inclusion investorsstartups backed

All investors →

Frequently asked about Financial Inclusion in Africa

How many Financial Inclusion startups are there in Africa?: StartupList Africa tracks 62 Financial Inclusion startups across Africa.
How much funding have Financial Inclusion startups in Africa raised?: Financial Inclusion startups in Africa have raised $501.2M in disclosed funding.
Which African countries have the most Financial Inclusion startups?: Nigeria has the most, with 19, followed by South Africa (10) and Ghana (8).
Who invests in Financial Inclusion startups in Africa?: Launch Africa has backed 3 Financial Inclusion startups, followed by Village Capital (3) and Chui Ventures (2).

Cite this page

StartupList Africa, “Financial Inclusion startups in Africa”, updated 26 Oct 2026.

startuplist.africa/industries/financial-inclusion