GJO & Partners

Fintech in South Africa: funding deals and active investors

One of the best-documented segments on the platform. Latest rounds, investors who lead them, tickets and instruments — Fintech, South Africa.

37

deals recorded

11

over 12 months

2.2 M$

median disclosed ticket

63

identified investors

Key findings

  • 37 funding deals recorded (Fintech, South Africa) since 2013, involving 32 companies and 63 identified investors. 11 of them over the last 12 months (12 the previous year).
  • Median disclosed ticket: 2.2 M$; half of the deals fall between 956 k$ and 11.6 M$ (28 amounts disclosed out of 37, 336.3 M$ in total).
  • Where the money goes: Payments and mobile money (32 %), Regtech, identity and fraud prevention (19 %), Digital lending and scoring (14 %).
  • Most frequent stage: Seed (22 %); most used instrument: Equity (62 %).
  • Most active investors: Equitable Ventures (3), First Circle Capital (3), Launch Africa Ventures (3).
  • 46 % of deals are syndicated (at least two investors around the table).

Industries

  • Payments and mobile money12
  • Regtech, identity and fraud prevention7
  • Digital lending and scoring5
  • Fintech infrastructure (APIs, open banking, BaaS)4
  • Crypto and blockchain3

Stages

  • Seed8
  • Growth6
  • Pre-Seed6
  • Debt4
  • Series B2

Instruments

  • Equity23
  • Senior debt3
  • Grant1

Deals per year

YearDealsDisclosed amounts
2021286 M$
202225 M$
2024925.3 M$
202514139.1 M$
2026880.8 M$

Most active investors

Latest deals

CompanyDateDisclosed amountsLead
CrissCrossCrypto and blockchain · South AfricaOct 2026undisclosedCircle Venturessource
R&A CellularPayments and mobile money · South Africa · GrowthAug 2026undisclosedundisclosedsource
MomentFintech infrastructure (APIs, open banking, BaaS) · South Africa · Series AAug 202622 M$AlphaCode Venture Partnerssource
ZazuNeobank and digital banking · South Africa · SeedJul 2026undisclosedLaunch Africa Venturessource
Araxi (rachat de Pay@)Payments and mobile money · South Africa · DebtMay 202649.4 M$Investecsource
Happy PayDigital lending and scoring · South Africa · SeedMar 20265 M$Partech Africasource
NjiaPayPayments and mobile money · South Africa · SeedMar 20262.1 M$Newionsource
Orca FraudRegtech, identity and fraud prevention · South Africa · SeedMar 20262.4 M$Enza Capitalsource
EzeebitCrypto and blockchain · South Africa · SeedDec 20252.1 M$Raba Partnershipsource
ZazuNeobank and digital banking · South Africa · Pre-SeedDec 20251 M$Plug and Play Venturessource
Stokvel AcademyInvestment and savings platforms · South AfricaNov 2025undisclosedE Squaredsource
ContactableRegtech, identity and fraud prevention · South AfricaSept 202513.5 M$Venture Capitalworkssource
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See also

Method: published funding deals (press releases, specialised media), recorded by Invest Matching's news monitoring and reviewed before integration. Amounts in US dollars; deals without a disclosed amount count in the totals, not in the medians.