What they do:
Mobile money app for Africa
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HQ: Dakar, Senegal
Top Payments Startups in Africa
This list has 19 startups and was last updated on Oct 15, 2026. 1 of them are hiring right now. Largest teams: Wave, Flutterwave, and Nomba.
19 startups
What they do:
Helping businesses make and accept payments from anywhere in Africa.
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What they do:
Banking and payments for businesses in Africa
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What they do:
Digitizing and processing Microtransactions in Africa
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JABU
Hiring
What they do:
B2B payments, transforming Africa's cash economy
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HQ: Cape Town, South Africa
What they do:
CredPal is a buy now pay later company in Africa that allows…
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What they do:
B2B payments platform for emerging markets.
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What they do:
Eazipay powers effortless payroll and financial access in Africa.
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What they do:
Building modern payments, accounting and cashflow management tools…
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HQ: London, United Kingdom
What they do:
Vendy is a marketplace on WhatsApp
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What they do:
Financial tools for cross-border trade
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What they do:
Corporate Expense cards and Spend management for businesses in Africa
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What they do:
Cross border Payments infrastructure for internet businesses and…
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What they do:
Embedded finance platform for African businesses
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What they do:
Digital banking platform for the 30 million smartphone users in DRC.
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HQ: Kinshasa, Democratic Republic of the Congo
What they do:
Investing in innovation
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HQ: San Francisco, CA, United States
Paystack
Acquired
What they do:
Modern payments infrastructure for Africa
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Pivo Technology Inc
Shut down
What they do:
Digital Bank for Freight Carriers in Africa.
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Bridgecard
Shut down
What they do:
Card issuer for Africa
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Questions and answers
How many startups are on this list?
There are 19 startups on this list, last updated on Oct 15, 2026.
Which of them are hiring?
1 of them are hiring right now, including JABU.
Which of them have the largest teams?
By team size: Wave (1,600 employees), Flutterwave (500 employees), and Nomba (200 employees).