RankingFintech · South Africa · 2022 Funding
Top Funded FinTech Startups in South Africa of 2022
9 companies with $81.3M in 2022 funding between them. VALR leads with $50M, followed by Stitch ($21M) and LifeCheq ($3.3M).
- 2022 Funding
- $81.3M
- 9 companies
- Median per company
- $2M
- average $9M
- Top 3 share
- 91%
- VALR alone 62%
- Backer relationships
- 87
- across the 9
| # | Company | 2022 Funding |
|---|---|---|
| 1 |  VALR bridges the gap between our traditional financial system and the new world of cryptocurrencies. | $50M |
| 2 |  Stitch is a South African fintech platform building API to make Africa a world-leader in fintech. | $21M |
| 3 |  LifeCheq helps you navigate your most important life decisions around career, personal finance and business. | $3.3M |
| 4 |  LittleFish is a fintech startup that is enabling commerce, particularly for nano, micro, and small business owners. | $2.5M |
| 5 |  Jem is the employee benefits and HR platform built for deskless workers on WhatsApp. | $2M |
| 6 |  Revio accepts payments globally, recover failed transactions, reduce customer churn. | $1.1M |
| 7 |  Lipa Payments allows small merchants to accept digital payments using NFC and Bluetooth technology. | $660K |
| 8 |  Franc is a South African investment app that enables quick and easy adoption of savings and investment products by partner businesses. | $512K |
| 9 |  Happy Pay is pioneering responsible zero-interest payments. | $200K |
All 9 shown · generated 16 Feb 2026
Missing a company? Submit itFrequently asked about Top Funded FinTech Startups in South Africa of 2022
- Which company leads Top Funded FinTech Startups in South Africa of 2022?
- VALR, with $50M, 62% of the $81.3M on this list. Stitch is second ($21M).
- How much did the companies on this list raise?
- $81.3M across 9 companies. The median company raised $2M. The top three took 91% of the total.
- Which cities are they based in?
- Cape Town (5 companies), Johannesburg (3) and Sandton (1).
- How is this list built?
- This cohort contains startups classified as Fintech in South Africa and is ranked by total USD funding announced in 2022. Funding values are limited to 2022; latest-round and company details reflect the most recent tracked data.
