RankingFintech · South Africa · 2024 Funding
Top Funded FinTech Startups in South Africa of 2024
7 companies with $271.5M in 2024 funding between them. TymeBank leads with $259.5M, followed by Sourcefin ($8.2M) and Happy Pay ($1.8M).
- 2024 Funding
- $271.5M
- 7 companies
- Median per company
- $1M
- average $38.8M
- Top 3 share
- 99%
- TymeBank alone 96%
- Backer relationships
- 42
- across the 7
| # | Company | 2024 Funding |
|---|---|---|
| 1 |  TymeBank is a South African fully black-owned and controlled investment company. | $259.5M |
| 2 | Sourcefin is a leading tender and purchase order funding specialist, dedicated to empowering South African businesses. | $8.2M |
| 3 |  Happy Pay is pioneering responsible zero-interest payments. | $1.8M |
| 4 |  Flood enables telcos and banks to embed digital commerce, loyalty, and payments directly into their existing apps | $1M |
| 5 |  Orca is a South African fintech fraud prevention startup that empowers fraud fighters to outpace fraud using custom ML models. | $550K |
| 6 |  TurnStay thrives at the intersection of fintech and travel, championing hassle-free experiences in travel payments. | $300K |
| 7 |  Athena enables patients to split the repayment of their healthcare costs whilst getting the care they need now. | $150K |
All 7 shown · generated 16 Feb 2026
Missing a company? Submit itFrequently asked about Top Funded FinTech Startups in South Africa of 2024
- Which company leads Top Funded FinTech Startups in South Africa of 2024?
- TymeBank, with $259.5M, 96% of the $271.5M on this list. Sourcefin is second ($8.2M).
- How much did the companies on this list raise?
- $271.5M across 7 companies. The median company raised $1M. The top three took 99% of the total.
- Which cities are they based in?
- Cape Town (4 companies) and Johannesburg (3).
- How is this list built?
- This cohort contains startups classified as Fintech in South Africa and is ranked by total USD funding announced in 2024. Funding values are limited to 2024; latest-round and company details reflect the most recent tracked data.
