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.

StartupsDirectory · updated daily

Seed-stage Payments startups in Africa

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

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

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

Seed-stage Payments startups in Africa66 · by momentum

Clear filters

#	Startup	Sector	Last round	Raised	Founded	Employees
1	Finclusion GroupPort Louis, MauritiusSeed	FinTech	Seed	$42M	2019	2+
2	DashAccra, GhanaSeed	FinTech	Seed	$34M	2019	2+
3	TeldaCairo, EgyptSeed	Banking	Seed	$25M	2021	11+
4	Union54Lusaka, ZambiaSeed	Financial Services	Seed	$15M	2020	2+
5	NowNowLagos, NigeriaSeed	Financial Services	Seed	$13M	2015	51+
6	MoneyHashCairo, EgyptSeed	Financial Services	Seed	$13M	2020	2+
7	Cedar MoneyLagos, NigeriaSeed	Financial Services	Seed	$10M	2022	11+
8	PawaPayNairobi, KenyaSeed	FinTech	Seed	$9M	2020	11+
9	WazaLagos, NigeriaSeed	Payments	Seed	$9M	2023	2+
10	ZoneLagos, NigeriaSeed	Financial Services	Seed	$9M	2022	51+
11	AxisCairo, EgyptSeed	Financial Services	Seed	$8M	2021	51+
12	CheckerNairobi, KenyaSeed	Financial Services	Seed	$8M	2023	11+
13	CadanaAccra, GhanaSeed	Financial Services	Seed	$7M	2020	11+
14	Happy PayCape Town, South AfricaSeed	Financial Services	Seed	$7M	2021	11+
15	enzaCairo, EgyptSeed	Financial Services	Seed	$7M	2023	11+
16	KlashaLagos, NigeriaSeed	E-Commerce	Seed	$7M	2018	11+
17	FlashCairo, EgyptSeed	Financial Services	Seed	$6M	2021	11+
18	DuploLagos, NigeriaSeed	Mobile Payments	Seed	$6M	2021	2+
19	PastelYaba, NigeriaSeed	Information Technology & Services	Seed	$6M	Not disclosed	11+
20	NextaCairo, EgyptSeed	Financial Services	Seed	$5M	2021	11+

SLA Startup Index · as of 10 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?: 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.

Cite this page

StartupList Africa, “Startups in Africa”, updated 10 Oct 2026.

startuplist.africa/startups