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Small and Medium Businesses Startups in Africa

SMBs face systemic challenges: limited access to finance, underdeveloped infrastructure, and regulatory complexities. Despite headwinds, there's a growing recognition of their potential. Local business leaders emphasize the need for tailored support, including capacity building, access to markets, and technology adoption. VertoFX is a promising player facilitating cross-border payments, addressing a critical pain point for SMBs.

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Market Map

2 companies in this sector

CompanyTaglineTotal FundingLast RoundTeam SizeBackersAction
VertoFX
VertoFX
Nigeria

Verto is a global B2B payments solution that helps businesses send money to anyone, anywhere

$12M
Grant
-
11-50
No Data
Kola Market
Kola Market
Ghana

Kola Market empowers African SMEs with sales, smart inventory, and financing through retail technology.

$200K
Pre-seed
-
1-10
No Data