How much funding have Payment startups in Africa raised?

Payment startups in Africa have raised $182.1M in disclosed funding.

Who invests in Payment startups in Africa?

Antler has backed 2 Payment startups, followed by ACE & Company (1) and Acuity Venture Partners (1).

Payment Startups in Africa

StartupList Africa tracks 16 Payment startups across Africa, which have raised $182.1M in disclosed funding. Nigeria has the most, with 5, followed by Egypt (4) and Kenya (3).

Updated 7 Oct 2026

Tracked Companies

Avg. Deal Size

$9.6M

Active Startups

Total Funding

$182.1M

Avg. Growth

Payment companies

16 companies in this sector

Submit startup

Company	Tagline	Total Funding	Last Round	Team Size	Backers
Futa Cameroon	Futa helps micro-businesses and SMEs automate their payments and empower their employees.	-	- -	2-10	No Data
Dunia Payment Burkina Faso	Dunia Payment is an Ouagadougou-based mobile wallet startup that lets its users send and receive money, pay in stores with a simple QR Code.	-	Grant -	11-50	No Data
Efficacy Payments South Africa	Efficacy Payments provides p2p payments, card POS acceptance, disbursement, and POS services.	-	Venture -	11-50	No Data
QuePay Kenya	QuePay automates cashless payments via IoT for informal services like ATMs, buses, and toilets.	-	Seed -	2-10	No Data
CreditGO Egypt	CreditGO is an Egyptian a free mobile application for electronic payments that serves C and D segments' merchants	-	Seed -	11-50	No Data
CIT VERICASH Egypt	VERICASH is One Platform to drive Digital Transformation and Financial Inclusion in emerging markets	-	- -	201-500	No Data

Cotrust Equity Nigeria	Cotrust Equity harnesses KYC of target audience to provide unique credit plans to banked and unbanked Micro Traders in sub-Saharan Africa.	-	- -	11-50	No Data
WallX Nigeria	WallX is a Nigerian FinTech which offers fast and secure B2B Payment Solution for African Businesses	-	Grant -	11-50	No Data
Lemonade Finance Nigeria	Lemonade Finance is a Nigerian multi-currency payments solution.	$120M	Corporate -	2-10	No Data
Dopay Egypt	Dopay is an Egyptian FinTech providing digital payroll solutions for the unbanked and underbanked workforce in emerging markets.	$37M	Series A -	51-200	No Data
Appzone Nigeria	Appzone is a fintech that builds proprietary solutions for financial institutions, banking and payments services.	$10M	Series A -	51-200	No Data
Connect Money Egypt	Connect Money's goal is to help businesses connect with cash users through digital payments.	$8M	Seed -	51-200	No Data
Revio South Africa	Revio accepts payments globally, recover failed transactions, reduce customer churn.	$6M	Seed -	11-50	No Data
Startbutton Africa Nigeria	Startbutton Africa helps global businesses expand across Africa with seamless payments and compliance tools.	$1M	Funding Round -	11-50	No Data
Tulix Kenya	Tulix App is making it easier for African migrants to pay businesses directly and support their families back home.	$100K	Non-equity Assistance -	2-10	No Data
Nobuk Africa Kenya	Nobuk is a payments reconciliation company enabling groups and collectives in Africa to automate payment collection.	$85K	Seed -	2-10	No Data

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Payment startups by country

Top Payment investors in Africa

Payment startups: quick facts

How many Payment startups are there in Africa?: StartupList Africa tracks 16 Payment startups across Africa.
How much funding have Payment startups in Africa raised?: Payment startups in Africa have raised $182.1M in disclosed funding.
Which African countries have the most Payment startups?: Nigeria has the most, with 5, followed by Egypt (4) and Kenya (3).
Who invests in Payment startups in Africa?: Antler has backed 2 Payment startups, followed by ACE & Company (1) and Acuity Venture Partners (1).