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Africa

30 companies in this category

Market:$180 billion digital economy (2024)
Growth:18.5% CAGR (2024-2030)
Showing 30 brands

Afriex

Finance
B2cPayment ProcessingFintechAfricaStartupMobile First

Afriex is a Y Combinator-backed blockchain remittance platform that enables fast, low-cost cross-border money transfers between Africa and other regions including China, India, and Pakistan, bypassing

Updated 12/2/2025

Anchor

Finance
B2bFintechApi FirstAfricaStartupInfrastructure

Anchor is a Lagos-based embedded finance platform that provides banking-as-a-service APIs and tools enabling developers to integrate banking products including accounts, transfers, savings, cards, and

Updated 12/2/2025

Bujeti

Finance
B2bFintechPayment ProcessingAutomationAfricaStartup

Bujeti is a Lagos-based corporate card and expense management platform that helps African businesses automate payments, manage expenses, and issue corporate cards. Founded in 2022 by ex-Paystack and A

Updated 12/2/2025

Capi Money

Finance
B2bFintechPayment ProcessingAfricaScaleupPlatform

Capi Money is a United Kingdom-based fintech company founded in 2023 by Mitch Riley Scott Liddle Tom Watson building cross-border payment platform for emerging market businesses raising €17.2M Series

Updated 12/2/2025

Chow Central

Fast Casual & QSR
B2cStartupAfrica

Chow Central is a Nigeria-based food tech company founded by Tosin Onafuye Christopher Obasi Adeyemo Onafuye building virtual restaurant chains for African millennials GenZ achieving $80K+ monthly rev

Updated 12/2/2025

Chowdeck

Fast Casual & QSR
B2cStartupAfrica

Chowdeck is a Lagos-based on-demand food delivery platform founded in 2021 that provides tech-enabled logistics services across 11 cities in Nigeria and Ghana. The company has raised $18.4M in total f

Updated 12/2/2025

Curacel

Insurance Tech
B2bSaasInsuranceAi PoweredAfrica

Curacel is a Nigeria-based AI-powered insurance technology platform that provides automated claims management, risk assessment, and embedded insurance solutions across Africa. The company has raised $

Updated 12/2/2025

Duplo

Finance
B2bFintechPayment ProcessingAfricaStartupApi First

Duplo is a Nigerian fintech company founded in 2021 that provides businesses with an integrated platform to automate payables, receivables, and expense management, positioning itself as "Venmo for B2B

Updated 12/2/2025

Eazipay Inc.

HR Tech
B2bSaasHr TechAfricaFintech

Eazipay is a Nigeria-based payroll and payment automation platform that enables businesses, fintechs, and platforms across Africa to integrate payroll processing directly into their systems via API. F

Updated 12/2/2025

Eden Care

Insurance Tech
B2bInsuranceHealthtechAfrica

Eden Care is a Kenya/Rwanda-based healthtech company founded in 2021 by Moses Mukundi building digital health insurance for employers Africa raising $1.29M total funding including $500K Y Combinator w

Updated 12/2/2025

Finclusion Group

Finance
B2bFintechPayment ProcessingAfricaScaleup

Finclusion Group is Africa's first credit-led neobank using advanced proprietary AI algorithms and pioneering technology to provide safe financial services and accelerate financial inclusion throughou

Updated 12/2/2025

Fingo Africa

Finance
B2cFintechMobile FirstAfricaStartup

Fingo Africa is a Nairobi-based Pan-African neobank targeting Africa's 500 million youth with mobile banking, payments, and savings services. Founded in 2020 and backed by Y Combinator (S21), the comp

Updated 12/2/2025

Floatpays

Finance
B2bFintechPayment ProcessingAfricaStartup

Floatpays is a Cape Town-based fintech company that provides on-demand wage access solutions, enabling African employees to access their earned wages before payday without incurring debt or interest c

Updated 12/2/2025

Flutterwave

Finance
B2bPayment ProcessingApi FirstPlatformAfricaScaleup

Flutterwave is Africa's most valuable fintech company providing payment infrastructure across 35+ countries. Valued at $3B with $95.3M revenue in 2024 (up 47% from $64.8M in 2023), processing $34B+ in

Updated 12/2/2025

FoodCourt

Fast Casual & QSR
B2cStartupAfrica

FoodCourt is a Lagos-based virtual restaurant platform operating cloud kitchens to serve the African food delivery market. Founded in 2021 and backed by Y Combinator with $500K in funding, the company

Updated 12/2/2025

Grey

Finance
B2bFintechPayment ProcessingPlatformAfricaScaleup

Grey is a Y Combinator-backed fintech company that provides US, EU, and UK banking services to remote workers and digital nomads in emerging markets across Africa, Latin America, and Asia. Founded in

Updated 12/2/2025

JABU

Finance
B2bFintechPayment ProcessingAfricaStartupMarketplace

JABU is a Namibian fintech startup that digitizes Africa's cash economy by providing B2B payment solutions and digital wallet services, connecting 6,000+ retailers to suppliers across Namibia and Zamb

Updated 12/2/2025

Moni

Finance
B2bFintechPayment ProcessingAfricaStartupMobile First

Moni is a Nigerian fintech company that provides community-powered business loans to African SMBs through a group-based financing model, where collective responsibility replaces traditional collateral

Updated 12/2/2025

Partna

Finance
B2bFintechPayment ProcessingAfricaStartupPlatform

Partna is a Wilmington-based fintech company that provides a global payment platform and API tools enabling B2B companies across Africa to process payments, handle multi-currency transactions, and int

Updated 12/2/2025

Paystack

Finance
B2bPayment ProcessingApi FirstAfricaScaleup

Paystack is Nigeria's leading payment processor, acquired by Stripe for $200M in 2020. Processes 50%+ of Nigeria's online transactions, hit ₦1 trillion monthly volume in July 2024, serving businesses

Updated 12/2/2025

Plutto

Logistics & Supply Chain
B2cEdtechAfricaMobile First

Plutto is a supply chain risk management and compliance platform that automates vendor risk assessment and compliance monitoring for enterprises across Latin America. Founded in 2022 by Antonia San Ma

Updated 12/2/2025

Prospa

Finance
B2bFintechPayment ProcessingAfricaStartupMobile First

Prospa is a Lagos, Nigeria-based fintech company founded in 2019 that provides comprehensive business banking solutions including accounts, payments, loans, and expense management for small and micro-

Updated 12/2/2025

Shekel Mobility

Finance
B2cFintechPayment ProcessingAfricaStartupMobile First

Shekel Mobility is a Nigeria-based mobility fintech company founded in 2022 building B2B marketplace neobank and trading platform for car dealers in Africa raising $7M+ total funding including $3.2M e

Updated 12/2/2025

Termii

Communications
B2bCommunicationMessagingSaasPlatformAfricaEmerging Markets

Termii is a communications-as-a-service (CaaS) platform providing businesses with multichannel messaging capabilities across SMS, email, voice, and WhatsApp for customer engagement and notifications i

Updated 12/2/2025

Topship

Logistics & Supply Chain
B2bSaasSupply ChainAfrica

Topship is a Nigerian logistics startup building an operating system for global trade, enabling African businesses to seamlessly import and export parcels and cargo worldwide with a focus on air freig

Updated 12/2/2025

Touch and Pay Technologies

Finance
B2cFintechPayment ProcessingAfricaStartupMobile First

Touch and Pay Technologies is a Nigerian fintech company that digitizes and processes microtransactions across transportation, education, healthcare, and revenue collection sectors in West Africa. The

Updated 12/2/2025

Union54

Finance
B2bFintechApi FirstPayment ProcessingAfricaStartup

Union54 is a Lusaka-based fintech company that operates ChitChat, an integrated messaging and payments platform combining secure instant messaging with USD digital wallets and Mastercard debit cards f

Updated 12/2/2025

VaultPay

Finance
B2cFintechPayment ProcessingAfricaStartupMobile First

VaultPay is a Democratic Republic of Congo-based fintech company founded in 2023 by Ntambwa Basambombo ex-Airbnb Christel Ilaka ex-Google building digital banking platform raising $500K pre-seed Septe

Updated 12/2/2025

Vooma

Logistics & Supply Chain
B2bEdtechSaasAfrica

Vooma is a San Francisco-based AI back-office automation platform that transforms freight broker operations by fully automating shipper order taking and carrier management. Founded by Jesse Buckingham

Updated 12/2/2025

Waza

Finance
B2bFintechPayment ProcessingAfricaScaleupPlatform

Waza is a Lagos-based B2B payments platform that facilitates international transactions for businesses in emerging markets across six continents. Founded in 2022 by Emmanuel Igbodudu and Maxwell Obi,

Updated 12/2/2025

About Africa

Africa represents one of the world's most dynamic and rapidly evolving technology and business markets, characterized by young demographics, increasing mobile penetration, and leapfrog innovation. With a population exceeding 1.4 billion people and a median age of 19 years, the continent offers unprecedented opportunities for digital-first solutions that bypass legacy infrastructure constraints. Mobile money, fintech, agritech, and e-commerce sectors are experiencing explosive growth across African markets. Companies like M-Pesa pioneered mobile financial services that now serve hundreds of millions, while startups in Lagos, Nairobi, Cape Town, and Cairo are building solutions for local and pan-African challenges. The African Continental Free Trade Area (AfCFTA) is creating a single market of 1.3 billion people with combined GDP of $3.4 trillion, accelerating cross-border commerce and investment. Despite challenges including infrastructure gaps, regulatory fragmentation, and access to capital, Africa's tech ecosystem raised record venture funding exceeding $5 billion in recent years. Key growth drivers include smartphone adoption (projected to reach 690 million users by 2025), expanding 4G/5G networks, solar-powered internet access in rural areas, and a generation of entrepreneurs building for African markets first, then scaling globally.

Key Players

Safaricom (M-Pesa)JumiaFlutterwaveAndelaInterswitch

Market Overview

Africa's digital economy is expanding rapidly across multiple sectors. E-commerce penetration remains low at 3-4% but is growing at 25-30% annually. Mobile money transactions exceeded $700 billion in 2023, while internet penetration reached 43% and continues climbing. Nigeria, Kenya, South Africa, and Egypt lead in startup formation and venture capital attraction.

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