StartupsDirectory · updated daily

Payments startups in Africa

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

3,251 companiesSource: SLA Startup IndexHow we count →Submit a startup →

Payments startups in Africa233 · by momentum

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#StartupRaised
1
TabbyCairo, EgyptSeries E
$1.9B
2
ZepzMogadishu, SomaliaSeries F
$961M
3
OPayIkeja, NigeriaSeries C
$570M
4
dLocalCape Town, South AfricaPost-IPO Secondary
$548M
5
TymeBankJohannesburg, South AfricaSeries D
$528M
6
FlutterwaveLekki, NigeriaSeries E
$485M
7
Wave Mobile MoneyDakar, SenegalDebt Financing
$439M
8
MoniepointLagos, NigeriaSeries C
$293M
9
TerraPayNairobi, KenyaDebt Financing
$257M
10
valU6 October, EgyptDebt Financing
$225M
11
ThunesNairobi, KenyaSeries C
$202M
12
PalmPayLagos, NigeriaSeries A
$140M
13
PaymobCairo, EgyptPre-Series C
$126M
14
FawryCairo, EgyptPrivate Equity
$122M
15
InterswitchLagos, NigeriaEst. 2002Private Equity
$121M
16
YocoCape Town, South AfricaSeries C
$106M
17
CASHPLUSCasablanca, MoroccoEst. 2004Initial Public Offering (IPO)
$106M
18
Aza FinanceNairobi, KenyaGrant
$65M
19
ConduitNairobi, KenyaSeries A
$59M
20
TeamAptLekki, NigeriaSeries B
$56M

SLA Startup Index · as of 10 Oct 2026 · raised is disclosed funding

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Frequently asked about African startups

How many startups are there in Africa?
3,251 technology companies are on the StartupList Africa record as of 10 Oct 2026, with $44.6B in disclosed funding between them. 13 have a latest known disclosed valuation of $1B or more.
Which African countries have the most startups?
Nigeria (772), Egypt (715), South Africa (528) and Kenya (444). Together they are home to 2,459 of the 3,251 companies on the record.
What are the largest startup sectors in Africa?
Financial Services (638), FinTech (559), SaaS (254), Health Care (250) and E-Commerce (227), 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.