How many startups are there in Africa?

4,017 technology companies are on the StartupList Africa record as of 18 Oct 2026, with $45.1B in disclosed funding between them. 16 have a latest known disclosed valuation of $1B or more.

Which African countries have the most startups?

Nigeria (934), Egypt (847), South Africa (600) and Kenya (516). Together they are home to 2,897 of the 4,017 companies on the record.

What are the largest startup sectors in Africa?

FinTech (703), Financial Services (646), SaaS (405), E-Commerce (317) and EdTech (288), by number of companies on the record.

How do I narrow the list?

Search by name, then filter by industry, stage and country. Every filtered view has its own link you can share.

How does a startup get listed?

Founders submit their company through the free submission form. Existing profiles can be claimed by their team from the profile page.

StartupsDirectory · updated daily

Grant-stage Financial Services startups in Africa

Name: SLA Startup Index — startups in Africa
Creator: StartupList Africa
License: https://www.startuplist.africa/attribution-policy

50 startups on the record match this view, sorted by momentum.

4,017 companiesSource: SLA Startup IndexHow we count →Submit a startup →

Grant-stage Financial Services startups in Africa50 · by momentum

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#	Startup	Sector	Last round	Raised	Founded	Employees
1	FidoAccra, GhanaGrant	Financial Services	Grant	$95M	2014	51+
2	Aza FinanceNairobi, KenyaGrant	Financial Exchanges	Grant	$65M	2013	101+
3	CarePayLagos, NigeriaGrant	Insurance	Grant	$45M	2015	201+
4	InvestecCape Town, South AfricaEst. 1974Grant	Banking	Grant	$19M	1974	10,000+
5	One Acre FundBungoma, KenyaGrant	Finance	Grant	$19M	2006	5,001+
6	Lipa LaterNairobi, KenyaGrant	Lending	Grant	$18M	2015	51+
7	VertoFXLagos, NigeriaGrant	Finance	Grant	$12M	2017	11+
8	PezeshaNairobi, KenyaGrant	Finance	Grant	$12M	2016	11+
9	FirstmonieLagos, NigeriaGrant	Financial Services	Grant	$12M	2013	Not disclosed
10	Touch and PayLagos, NigeriaGrant	Financial Services	Grant	$3M	2017	11+
11	EversendBugolobi, UgandaGrant	Financial Services	Grant	$2M	2017	2+
12	EFInAIkoyi, NigeriaGrant	Finance	Grant	$2M	2007	11+
13	EnsibuukoKampala, UgandaGrant	Financial Services	Grant	$870K	2014	11+
14	Paycloud AfricaNairobi, KenyaGrant	Financial Services	Grant	$850K	2024	1+
15	Juhudi KilimoNairobi, KenyaGrant	Agriculture	Grant	$824K	2009	201+
16	KudiGoAccra, GhanaGrant	Finance	Grant	$570K	2017	2+
17	SureGiftsLagos, NigeriaGrant	E-Commerce	Grant	$450K	2014	11+
18	VunaPayNairobi, KenyaGrant	AgTech	Grant	$500K	2023	2+
19	AwabahLagos, NigeriaGrant	Financial Services	Grant	$370K	2021	11+
20	Cauri MoneyDakar, SenegalGrant	Financial Services	Grant	$350K	2021	2+

SLA Startup Index · as of 18 Oct 2026 · raised is disclosed funding

Your view shows the first 20 startups of each search.

Frequently asked about African startups

How many startups are there in Africa?: 4,017 technology companies are on the StartupList Africa record as of 18 Oct 2026, with $45.1B in disclosed funding between them. 16 have a latest known disclosed valuation of $1B or more.
Which African countries have the most startups?: Nigeria (934), Egypt (847), South Africa (600) and Kenya (516). Together they are home to 2,897 of the 4,017 companies on the record.
What are the largest startup sectors in Africa?: FinTech (703), Financial Services (646), SaaS (405), E-Commerce (317) and EdTech (288), by number of companies on the record.
How do I narrow the list?: Search by name, then filter by industry, stage and country. Every filtered view has its own link you can share.
How does a startup get listed?: Founders submit their company through the free submission form. Existing profiles can be claimed by their team from the profile page.

Cite this page

StartupList Africa, “Startups in Africa”, updated 18 Oct 2026.

startuplist.africa/startups