RankingFintech · South Africa · 2025 Funding
Top Funded FinTech Startups in South Africa of 2025
15 companies with $396.2M in 2025 funding between them. dLocal leads with $191.3M, followed by Flow48 ($69M) and Stitch ($55M).
- 2025 Funding
- $396.2M
- 15 companies
- Median per company
- $2.5M
- average $26.4M
- Top 3 share
- 80%
- dLocal alone 48%
- Backer relationships
- 112
- across the 15
| # | Company | 2025 Funding |
|---|---|---|
| 1 |  dLocal enables global merchants to accept and send payments across emerging markets via one API. | $191.3M |
| 2 | Flow48 enables SME growth by transforming future revenues into up-front capital under flexible terms. | $69M |
| 3 |  Stitch is a South African fintech platform building API to make Africa a world-leader in fintech. | $55M |
| 4 |  Paymenow is a financial wellness and inclusion platform that allows employees on demand access to earned wages. | $22.4M |
| 5 |  Naked Insurance provides instant, honest insurance at game-changing prices. | $38M |
| 6 |  JUMO is a technology platform, developed for building and running financial services. | $7.5M |
| 7 |  Jem is the employee benefits and HR platform built for deskless workers on WhatsApp. | $3.3M |
| 8 |  Flood enables telcos and banks to embed digital commerce, loyalty, and payments directly into their existing apps | $2.5M |
| 9 | NjiaPay is a Payments-as-a-Service platform focused on elevating online payments across the African continent. | $2.3M |
| 10 |  TurnStay thrives at the intersection of fintech and travel, championing hassle-free experiences in travel payments. | $2M |
| 11 |  SAPay digitizes South Africa’s taxi fares with secure cashless payments, boosting efficiency, safety, and inclusion. | $1M |
| 12 |  Zazu Global empowers African SMEs with digital banking, invoicing, and cash flow management tools. | $1M |
| 13 |  MoneyBadger is eabling payments online and at the till using Bitcoin Lightning - an internet native currency. | $400K |
| 14 |  Street Wallet converts digital payments into cash within 24 hours for unbanked Africans | $350K |
| 15 |  MyStocks.Africa is a B2C fintech platform giving retail investors access to live stock data and trading. | $125K |
All 15 shown · generated 16 Feb 2026
Missing a company? Submit itFrequently asked about Top Funded FinTech Startups in South Africa of 2025
- Which company leads Top Funded FinTech Startups in South Africa of 2025?
- dLocal, with $191.3M, 48% of the $396.2M on this list. Flow48 is second ($69M).
- How much did the companies on this list raise?
- $396.2M across 15 companies. The median company raised $2.5M. The top three took 80% of the total.
- Which cities are they based in?
- Cape Town (10 companies), Johannesburg (3) and Stellenbosch (2).
- How is this list built?
- This cohort contains startups classified as Fintech in South Africa and is ranked by total USD funding announced in 2025. Funding values are limited to 2025; latest-round and company details reflect the most recent tracked data.
