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Savings Startups in Africa

Savings culture is gaining traction, driven by microfinance institutions. Oyi Medical Card is a pioneer, offering health savings accounts. Local business leaders see potential in digital savings platforms that simplify access and encourage financial discipline.

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Market Map

3 companies in this sector

CompanyTaglineTotal FundingLast RoundTeam SizeBackersAction
Phundit
Phundit
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
No Data
Oyi Medical Card
Oyi Medical Card
South Africa

Oyi Medical Card is Payments technology integrated into prepaid card for restricted medical spend only.

$120K
Non-equity Assistance
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2-10
No Data
Chumz
Chumz
Kenya

Chumz.io is a savings platform that is revolutionising the savings culture in Africa.

$110K
Seed
-
2-10
No Data