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Mobile Money Startups in Africa

**Mobile money remains a key driver of financial inclusion** in Southern Africa, with significant growth in adoption and usage. **Local business leaders recognize its potential to expand market reach and facilitate seamless transactions.** They're leveraging mobile money to connect with underbanked populations, drive e-commerce, and support financial resilience. However, **concerns persist regarding interoperability, regulatory hurdles, and the need for increased financial literacy.**

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Market Map

4 companies in this sector

CompanyTaglineTotal FundingLast RoundTeam SizeBackersAction
Leya Labs
Leya Labs
Cote D'ivoire

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

-
Seed
-
51-200
No Data
ChapChap
ChapChap
Uganda

Reliable financial profiles for Ugandan MSMEs through formal business solutions

-
Funding Round
-
11-50
No Data
Nairagram
Nairagram
Nigeria

Nairagram is a US-headquartered remittance service for Nigerians in diaspora.

$7M
Debt Financing
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11-50
No Data
Mazzuma
Mazzuma
Ghana

Mazzuma is building blockchain infrastructure tools for developers and remittances in emerging markets.

$125K
Venture
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11-50
No Data