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MicroLending Startups in Africa

MicroLending: Banks tiptoeing in, FinTechs outpacing. Cassbana, PremierCredit have traction, but local FinTechs gaining ground. Locals see opportunity but cautious about high interest rates and over-indebtedness. Growth potential, but sustainability concerns linger.

Avg. Deal Size
$3.7M+0%
Active Startups
3+0%
Total Funding
$29.3M+0%
Avg. Growth
0%+0%

Market Map

3 companies in this sector

CompanyTaglineTotal FundingLast RoundTeam SizeBackersAction
Hakki Africa
Hakki Africa
Kenya

Hakki Africa is a Kenya-based FinTech startup that provides microfinance services for small and medium-sized enterprises.

$28M
Debt Financing
-
11-50
No Data
Cassbana
Cassbana
Egypt

Cassbana is an Egyptian startup which uses AI to determine individuals and businesses' access to credit.

$1M
Pre-seed
-
101-250
No Data
PremierCredit
PremierCredit
Zambia

PremierCredit is a Zambian online microlending platform that makes lending simple and convenient.

$650K
Funding Round
-
51-200
No Data