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Financial Inclusion Startups in Africa

StartupList Africa tracks 59 Financial Inclusion startups across Africa, which have raised $501.7M in disclosed funding. Nigeria has the most, with 17, followed by South Africa (10) and Ghana (8).

Updated

Avg. Deal Size
$8M
Active Startups
59
Total Funding
$501.7M
Avg. Growth
-60%

Financial Inclusion companies

58 companies in this sector

CompanyTaglineTotal FundingLast RoundTeam SizeBackersAction

VERICASH is One Platform to drive Digital Transformation and Financial Inclusion in emerging markets

201-500
Côte D'ivoire

QuickCash is an Ivorian company specializing in electronic payment, including money transfer.

11-50
Ghana

Phundit is a mobile app that helps young professionals in Africa invest in mutual funds, guided by Zoe, an AI assistant

Venture
1-10
Nigeria

Owoafara is building a digital bank for the informal economy

Venture
2-10
South Africa

PayCurve is a South Africa B2B fintech offering earned wage access.

11-50
South Africa

Digitip offers a digital payment solution, designed to help informal laborers in South Africa get the tips.

11-50
Egypt

Agel is Egypt’s First Islamic Fintech; aiming to provide alternative financing solutions that cater MSMEs unique needs.

Pre-seed
11-50
South Africa

AddressMe is a South African startup providing digital addresses to underserved communities.

Seed
1-10

CreditGO is an Egyptian a free mobile application for electronic payments that serves C and D segments' merchants

Seed
11-50

E-Settlement is a financial service provider with offerings that cater to everyday financial problems.

51-200
Nigeria

Vittas is a health‑focused fintech startup providing credit infrastructure for businesses in Africa’s healthcare ecosystem.

1-10
South Africa

Sizanani is a financial services advisory platform whose main objective is to promote financial inclusion

Grant
11-50
Nigeria

Alajo is an Escrowed Digital Savings Platform for the Under(un)banked in Africa, without the need of internet access.

Non-equity Assistance
2-10

Money Africa is a financial literacy company that takes you on all you need to know about your money.

11-50
Nigeria

PressPayNg helps African learners save and access loans, scholarships, grants, and crowdfunding

Seed
11-50

Business For Teens, under Grow Academy, teaches entrepreneurship and financial literacy to teenagers.

Pre-seed
1-10

Shiga Digital is a B2B fintech startup offering on‑chain banking solutions for African enterprises.

Corporate
1-10
Cote D'ivoire

Leya Labs: Empowering Africa’s mobile money networks with B2B fintech.

Seed
51-200
Nigeria

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

Seed
11-50

Tasaheel is a financing company for micro-projects with easy and simple payment systems.

$138M
Funding Round
10,001+

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Financial Inclusion startups: quick facts

How many Financial Inclusion startups are there in Africa?
StartupList Africa tracks 59 Financial Inclusion startups across Africa.
How much funding have Financial Inclusion startups in Africa raised?
Financial Inclusion startups in Africa have raised $501.7M in disclosed funding.
Which African countries have the most Financial Inclusion startups?
Nigeria has the most, with 17, 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).