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Mobile Payment Startups in Africa

Mobile payments are gaining traction, but adoption varies by country. Regulatory complexities, lack of interoperability, and consumer trust issues hinder growth. Local businesses are cautiously optimistic, recognizing the potential benefits but also the challenges in integrating and scaling these solutions.

Total Sectors
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Market Map

9 companies in this sector

CompanyTaglineTotal FundingLast RoundTeam SizeBackersAction
MaishaPay
MaishaPay
Dr Congo

MaishaPay seeks to establish itself as a banking solution in rural areas generally disadvantaged by banks in Africa.

-
-
-
2-10
No Data
Popote
Popote
Kenya

Popote is a Kenya based mobile app that enables businesses to make their payments with total control and up-to date record keeping.

-
Venture
-
11-50
No Data
Flitaa
Flitaa
Kenya

Flitaa is a Kenyan all-in-one platform for storing, purchasing, selling, exchanging, and earning cryptocurrencies.

-
-
-
11-50
No Data
Conduit
Conduit
Kenya

Conduit enables businesses to simply and cheaply move money between Latin America, Africa, China and the US at scale.

$59M
Series A
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11-50
No Data
Dayra
Dayra
Egypt

Dayra is a data-driven fintech company providing financial services to unbanked gig-workers and micro-businesses via API integration.

$3M
Seed
-
11-50
No Data
Munify
Munify
Egypt

Munify is a cross-border neobank designed to give Egyptians abroad a faster, cheaper way to send money home.

$3M
Seed
-
2-10
No Data

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