AID:Tech
Payments & Remittances
Fintech #Spend
11-50
No. of employees
7
No. of active years
AID:Tech manages the transfer of digital assets such as international aid, welfare, remittances, and health entitlements, while generating a permanent and traceable transaction record through blockchain technologies.
Paycentre Africa
Infrastructure
To bridge the last-mile connectivity gap in Nigeria #Spend
51-200
No. of employees
5
No. of active years
E-Settlement’s agent banking platform, PayCentre, aims to bridge the last-mile connectivity gap in Nigeria. The network offers services including cash withdrawal, cash deposit, fund transfers, bill payments, and more.
Hello Paisa
Payments & Remittances
Reducing the cost of remittances and providing a safe platform that is accessible to those who need it most. #Spend
201-500
No. of employees
NA
No. of active years
Hello Paisa is a digital international money transfer operator aiming to drive down the cost of remittances and provide a safe platform that is accessible to those who need it most.
Thunes
Payments & Remittances
Cross-border payments network that connects various payment systems, enabling mobile wallets, corporations, merchants, money transfer operators, and banks to move funds in and out of emerging countries in real-time. #Spend
201-500
No. of employees
7
No. of active years
Thunes is a cross-border payments network that connects various payment systems, enabling mobile wallets, corporations, merchants, money transfer operators, and banks to move funds in and out of emerging countries in real-time. Thunes acts as a trusted, neutral aggregator in a deeply fragmented industry, thereby reducing the barriers that have historically slowed financial institutions and merchants in reaching new market segments and geographies.
Nagad
Digital Banking
Ensuring low‑income populations can benefit from formal financial services #Spend
501-1000
No. of employees
5
No. of active years
Nagad provides digital financial services to nearly 20 million customers in Bangladesh, ensuring low‑income populations can benefit from formal financial services. Through a digital KYC process, Nagad simplifies the account opening process and creates access to several solutions including CICO, peer‑to‑peer money transfers, mobile recharging, merchant payment, and bill payment. The company also enables salary payments for factory workers, government payments, and digital payments for micro‑merchants and other distributors. Nagad was classified as an emergency service by the government during COVID‑19.
Boost
Kemp House 150–160 City Road London EC1V 2NX United Kingdom
N/A #Spend
The B2B commerce platform powering Africa's convenience economy. Boost provides radically easy technology to power growth for distributors and retailers in Africa's convenience economy. By combining a simple WhatsApp stock ordering product, data-light fulfillment platform, and stock boost financing, Boost’s customers can digitise their businesses and grow to meet their aspirations. The company is scaling in 3 markets across multiple segments at extremely low cost and is poised for further expansion.
Brick
Jl. Tulodong Bawah IV No. 20, RT. 005/RW. 004 Kebayoran Baru, South Jakarta
N/A #Spend
11-50
No. of employees
3
No. of active years
#1 Open Data and Payments Platform Brick provides payments and open data solutions that allow companies to easily build and use streamlined financial services. With access to modern B2B payment solutions and better data, companies can serve their users better through personalization and real-time payments. Brick’s solutions are used by leading fintech apps, including peer-to-peer lending, personal finance management, investment brokerage platform, and blue-collar job portals. Through a consent-first approach, we help our clients conveniently access and securely process customer data spanning multiple platforms across telcos, e-wallets, e-commerce, investment, civil administration, and super apps.
FlexPay LLC
Unit A, 9th Floor, MJR Magnifique, Survey No 75 & 76, Khajaguda X Roads, Raidurgam, Hyderabad, Telangana 500008, IN
N/A #Spend
FlexPay is a digitized flexible pre-payment platform that sits between businesses and consumers enabling customers to afford goods and services by breaking down the cost into affordable piecemeal payments, and businesses to drive sales. Customers can book or reserve products and services and make flexible payments at their own pace from a wide variety of merchants and businesses in different verticals i.e., Retail, Hospitality, Education, Real estate, Health, Insurance, construction, etc.
Flow Global
Level39 Canada Square, London, England GB
N/A #Spend
Flow Global catalyzes growth for small businesses in emerging markets through the provision of customized liquidity solutions. Flow delivers this through a combination of targeted human touch and cutting edge technology: the Flow Liquidity Engine* (“FLE”). The FLE is a progressive platform comprising all functionalities required to bring liquidity to small businesses at scale, including data analytics, KYC, credit decisioning & management, customer-centric product design, payments, risk management, field force management with a layer of comprehensive reporting.
FXKudi
28, Ezra Road, Greater Accra, Ghana
N/A #Spend
FXKudi is solving the problem of informal cross-border money transfers in Africa by offering instant, reliable no-fee money transfers between African countries via a mobile app and distributed agent network. Sending money between African countries is expensive and slow. This has resulted in the rise of informal money transfer solutions, such as cash couriers, use of transport companies, and bureau de change agents. While informal channels are more affordable, users face substantial security risks, complex and lengthy transaction processes, and non-transparent exchange rates. Over 60% of money transfers between African countries are done using Informal channels - FXKudi is digitizing this.
Joovlin
10 Hughes Avenue, off Herbert Macaulay Way, Yaba, Lagos, Nigeria
N/A #Spend
A B2B social commerce tool enabling retailers to sell online w/ zero capital by giving them access to on-demand inventory & connecting them to credit. Joovlin is a B2B social commerce tool, eliminating the need for inventory stocking and startup capital, by giving retailers access to on-demand inventory. Joovlin enable manufacturers and distributors to list products at wholesale prices on our platform and then connect retailers to the pool of vetted suppliers. They also connect incumbents to sources of credit. On the supply side, we focus on manufacturers, importers, credit providers, etc. while on the demand side, we focus on retailers, women and women-led businesses, unemployed/underemployed adults, and students.
MarketForce
Nairobi, Kenya
N/A #Spend
The super-app for Africa's 100M+ merchants. MarketForce is a tech startup on a mission to digitize retail distribution across Africa. We currently operate in Kenya, Nigeria, Uganda, Rwanda, and Tanzania. With our super-app, RejaReja (Swahili for ‘retail’), merchants are empowered to growth their business through a digital commerce platform, that's makes sourcing, ordering, and paying for inventory more convenient and cost effective. Our digital merchant banking platform provides access to financing, ability to collect digital payments and opportunity to make extra money by acting as agents for digital services such as airtime, electricity tokens, and bill payments.
SentBe Inc.
ustCo Tower 13F, Teheran-ro 431 Gangnam-gu, Seoul
N/A #Spend
N/A
No. of employees
N/A
No. of active years
SentBe Inc., is a Fintech firm specialized in cross-border money transfer, with the mission of Building Borderless Finance for More. Its cross-border money transfer services are competitive in affordability, speediness, and convenience. Such strengths have been in practice meeting the real needs of the financially excluded, particularly lower-income migrants and smaller-sized businesses, thereby improving their status and quality of financial inclusion. SentBe, Korea's No. 1 digital remittance service currently also available in Singapore and Indonesia, SentBe has helped migrant users to save remittance cost of USD 178 million which can be interpreted as increased disposable income.
Touch and Pay Technologies Limited
5th Floor SAPETRO Towers, VI, Lagos | Office: 62 Shipeolu St, Somolu, Lagos
N/A #Spend
Touch and Pay Technologies Limited is building the first platform to process everyday utility transactions faster and cheaper. Today in 18 months we have grown to over 2.5m customers and 500k people active daily, they currently digitize and process a lot of manual and cash-based transactions with our technology, they \are the highest processor of contactless transactions daily in Africa.
Yuva Pay
UDMA TECHNOLOGIES PVT LTD 365/1, 52 HEROOR VILLAGE, BRAHMAVAR POST UDUPI DISTRICT, KARNATAKA – 576213 (INDIA)
N/A #Spend
The Power of Banking in the Hands of Un-Connected and Un-Banked “Billions”. “One-Stop Digital Platform” for the unbanked and underserved population, in their journey from ‘cash to wealth’, by enabling seamless and frictionless flow of money and financial services. Yuva Pay enable basic banking services like deposits, payments, savings, credit, insurance, collections, pay-outs, alternate credit scoring in a single platform even without depending on internet by supporting both smart and non-smartphones (patent pending). Through their platform we are bringing the financial inclusion journey for the un-connected population and educating them to be part of the digitisation without Adding Any Additional Cost (Smartphone and Internet Data).
FedaPay SAS
Benin
N/A #Spend
FedaPay is a payment gateway that integrates both mobile and bank card payment solutions, making online services accessible to millions of users, especially the unbanked, in Africa. FedaPay’s simple and secure online and offline payment solutions to businesses include Fedapay for online payment aggregation; myFEDA, a wallet linked to the one‑click issuance of virtual and physical bank cards; and my‑USSD which allows companies to accept electronic payments without an internet connection. FedaPay serves approximately 1,000 active and verified merchants, generating over two million transactions every month.
Flash
Le Caudan Waterfront, P.O. Box 1070, Suites 340-345, Port Louis, mauritius 0000, MU
N/A #Spend
Flash provides remittances, payments, and other value‑added services, such as merchant payments, mobile money, and a prepaid card, to approximately 2 million customers via its FlashApp and POS network. Its ecosystem generates ~USD 500M in annual gross transaction value. Remittances are driven by its market‑leading Western Union and MoneyGram franchises. Flash recently expanded into Ivory Coast, forging a strategic partnership covering 100K POS and powering the largest super dealer network for the leading mobile money operator, further extending its presence in Africa.