HomeListsTop Funded FinTech Startups in South Africa of 2023
Startup List
Public
Updated Feb 16, 2026
Top Funded FinTech Startups in South Africa of 2023
Ranked by total funding announced in 2023 (USD) among FinTech startups in South Africa.
S
Curated by StartupList Africa
Tracked Companies
9
Total Funding
$298M
Avg Valuation
$0
Companies
9
Investors
92
Market Map
9 companies in this list
Rank
Company
HQ Location
Stage
Last Round
Total Funding
Backers
1
Planet42Access to mobility for the underbanked
Johannesburg, South Africa
Seed
February 2023
$101M
12
2
TymeBankTymeBank is a South African fully black-owned and controlled investment company.
Johannesburg, South Africa
Late Stage Venture
December 2024
$78M
11
3
Peach PaymentsPeach Payments provides payment solutions to online and mobile businesses enabling them to easily accept payments from consumers across the globe.
Western Cape, South Africa
Early Stage Venture
April 2023
$31M
4
4
StitchStitch is a South African fintech platform building API to make Africa a world-leader in fintech.
Cape Town, South Africa
Early Stage Venture
April 2025
$25M
23
5
Flow48Flow48 enables SME growth by transforming future revenues into up-front capital under flexible terms.
Cape Town, South Africa
Early Stage Venture
February 2025
$25M
13
6
Naked InsuranceNaked Insurance provides instant, honest insurance at game-changing prices.
Johannesburg, South Africa
Early Stage Venture
January 2025
$17M
9
7
Paymenow GroupPaymenow is a financial wellness and inclusion platform that allows employees on demand access to earned wages.
