GJO & PartnersInvest Matching

Fintech funding in Africa: investors, tickets and countries

Who finances Fintech in Africa, where, at which stage and with which tickets: every figure below is computed from the funding deals recorded on the platform.

112

deals recorded

35

over 12 months

6 M$

median disclosed ticket

158

identified investors

Key findings

  • 112 funding deals recorded (Fintech) since 2010, involving 95 companies and 158 identified investors. 35 of them over the last 12 months (35 the previous year).
  • Median disclosed ticket: 6 M$; half of the deals fall between 2.1 M$ and 20 M$ (73 amounts disclosed out of 112, 1.6 bn $ in total).
  • Where the money goes: Nigeria (39 %), South Africa (22 %), Kenya (11 %).
  • Most frequent stage: Seed (21 %); most used instrument: Equity (72 %).
  • Most active investors: TLcom Capital (11), P1 Ventures (7), Partech Africa (7).
  • 46 % of deals are syndicated (at least two investors around the table).

Countries

  • Nigeria44
  • South Africa25
  • Kenya12
  • Côte d'Ivoire7
  • Ghana5

Industries

  • Payments and mobile money34
  • Fintech infrastructure (APIs, open banking, BaaS)16
  • Digital lending and scoring15
  • Money transfer and remittances12
  • Crypto and blockchain10

Stages

  • Seed23
  • Pre-Seed21
  • Growth20
  • Series A13
  • Debt7

Instruments

  • Equity81
  • Senior debt9
  • Grant3
  • Mezzanine debt1

Deals per year

YearDealsDisclosed amounts
20219544 M$
20221130.7 M$
2023338 M$
20249127 M$
202542574 M$
202626155 M$

Most active investors

Latest deals

CompanyDateDisclosed amountsLead
LukaDigital lending and scoringSept 2026undisclosedAfrica Jobs Fundsource
NombaPayments and mobile money · Nigeria · DebtSept 20263 M$CardinalStonesource
SeevcashPayments and mobile money · GhanaSept 2026333 k$Stellar Development Foundationsource
PouchersCrypto and blockchain · Nigeria · Pre-SeedAug 2026500 k$Stack Directory LLCsource
FlutterwavePayments and mobile money · NigeriaAug 2026undisclosedCircle Venturessource
MomentFintech infrastructure (APIs, open banking, BaaS) · South Africa · Series AAug 202622 M$AlphaCode Venture Partnerssource
Yellow CardCrypto and blockchain · NigeriaAug 202640 M$SC Venturessource
ZazuNeobank and digital banking · South Africa · SeedJul 2026undisclosedLaunch Africa Venturessource
TimonCrypto and blockchain · NigeriaJul 2026undisclosedAlliance DAOsource
DayaCrypto and blockchain · Nigeria · Pre-SeedJun 20262.4 M$Hivemind Capitalsource
EdenCareInsurtech · RwandaJun 2026undisclosedProparcosource
FlutterwavePayments and mobile money · Nigeria · GrowthJun 2026undisclosedRipplesource
Looking for funding? See which funds match your project →Browse the fund directory →Investor: see published projects looking for funding →

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.