Best Alternative Lending Companies in Gauteng, South Africa
The 42 best Alternative Lending companies in Gauteng, South Africa in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: UsPlus.
Ranked: Best Alternative Lending companies in Gauteng
| # | Company | Disclosed funding | Employees | Founded | Founder | Tech stack | Web popularity | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | MFC Online platform for car loans | — | 487 | 2001 | Michael Brown CEO | Adobe Experience ManagerJavaBootstrap+27 | Top 500k | — |
| 2 | Izwe Loans Provider of unsecured loans in Africa. | — | 101 | 2004 | Rayanne Jacobson CEO | — | — | — |
| 3 | Finwell Online platform for consumer debt settlement | — | 92 | 2014 | — | WordPressPleskMySQL+29 | Top 5M | — |
| 4 | Debt Rescue Provider of debt counselling and debt review services | — | 70 | 2008 | Neil Roets Founder & CEO | WordPressMySQLPHP+26 | Top 1M | — |
| 5 | Cash Flow Capital Provides merchant cash advance | — | 65 | 2014 | Michail Myburgh Co-CEO | WordPressMySQLPHP+26 | Top 50M | — |
| 6 | Merchant Capital Merchant cash advance provider | — | 46 | 2012 | — | WebflowGoogle MapsReact+24 | Top 5M | — |
| 7 | Delter Software solutions for micro lending industry | — | 33 | 2003 | Derek Chaplin CEO & MD | WordPressMySQLPHP+27 | Top 50M | — |
| 8 | Airvantage Airtime advance, and other financial services provider | — | 29 | 2005 | — | WebflowThree.jsMicrosoft Clarity+13 | Top 10M | — |
| 9 | MortgageMarket Comparison platform for residential mortgages | $1M | 23 | 2018 | Tim Akinnusi Ceo And Co-Founder | WordPressMySQLPHP+23 | Top 5M | — |
| 10 | Bridgement Online invoice financing platform | — | 20 | 2016 | Daniel Goldberg Co-Founder and CEO | SentryApple iCloud MailGoogle Workspace+30 | Top 5M | 3 job openings · 1 partnership |
| 11 | Fundi South Africa-based educational finance provider. | — | 7 | 1996 | — | ZohoWindows ServerAnimate.css+24 | Top 500k | — |
| 12 | UsPlus Working capital financing via invoice factoring | $14M | 6 | 2015 | — | — | — | — |
| 13 | Thumeza Online platform offering working capital business loans for logistics and transportation | — | 4 | 2018 | — | — | — | — |
| 14 | CreditAIs API-based alternative credit scores for small-sized businesses | $100K | 3 | 2020 | Sabelo Sibanda CEO | — | — | — |
| 15 | MoneyWorks Provider of invoice financing platform for businesses | $297K | 2 | 2018 | Wesley Gabriels CEO | — | — | — |
| 16 | Everlectric Provider of electric vehicle fleet transition, charging infrastructure, and finance solutions | — | 2 | 2020 | Paul Plummer Co-Founder | WordPressMySQLPHP+21 | Top 50M | — |
| 17 | Pumpkn Provider of financial solutions for agricultural and food SMEs. | — | 2 | — | — | WebflowYouTubeReact+17 | Top 50M | — |
| 18 | Fincheck Financial products comparison website | $288K | — | 2015 | Christopher Ball Co-Founder | Cart FunctionalityWooCommerceWordPress+23 | Top 5M | — |
Top 10 Alternative Lending companies in Gauteng
#1
Seed · Randburg, Gauteng · founded 2015 · 6 employees$14.2Mraised▾
UsPlus provides working capital financing to MSMEs via the invoice factoring method, by buying invoices with payment periods of 3-60 days. The application process is online, and once set, the platform can be accessed via mobile or desktop for uploading of invoices. UsPlus claims to have ultra-competitive pricing in the shorter invoice periods (21 days or less).
- Jan 2025Seed$2M
- Dec 2023Conventional Debt$2.2M
- Jun 2022Conventional Debt$10M
#2
Seed · Rivonia, Gauteng · founded 2018 · 23 employees$1.2Mraised▾
Mortgage Market offers a comparison platform for residential mortgages. Users need to upload the details related to the loan amount, loan term, existing address, and more via the portal. Mortgage Markets provides the user with a list of mortgage loans offered by different banks according to the entered details. It also provides a loan calculator in order to calculate the assigned credit limit.
- Feb 2021Seed$681.3K
- 2019Seed$481K
#3
Funding Raised · Johannesburg, Gauteng · founded 2020 · 3 employees$100Kraised▾
API-based alternative credit scores for small-sized businesses. It offers a solution that enables lenders to obtain credit scores of businesses using alternative data. It features predictive insights based on machine learning models that enable lenders to perform informed lending decisions.
- Sep 2022Grant (prize money)$100K
#4
Seed · Midrand, Gauteng · founded 2018 · 2 employees$296.8Kraised▾
MoneyWorks is an invoice financing platform for businesses. It connects buyers seeking supply chain financing with lenders. The buyers undergo a credit risk assessment to determine their loan ranking and interest rate. The loan contract is then prepared, monthly repayments collected and the loan repayment is disbursed digitally.
- Oct 2020Seed$296.8K
#5
Seed · Johannesburg, Gauteng · founded 2015$287.6Kraised▾
Fincheck is a financial comparisons website, offering a comparative view of the financial products like loans, savings & checking accounts, insurance, credit and debit cards etc. It is a free service for the customer and earns revenue through commission charges.
- Aug 2019Seed$287.6K
#6
Deadpooled · Sandton, Gauteng · founded 2017$70Kraised▾
CommuScore is an alternate credit scoring provider that captures payment and lending behaviors of consumers and micro-enterprises in the informal sector. This is achieved by providing informal saving schemes with an administration and management tool. The use of the tool enables CommuScore to build a credit profile for consumers and micro-enterprises in the informal sector.
- Nov 2017Seed$70K
#7
Seed · Pretoria, Gauteng · founded 2020 · 2 employees—raised▾
Provider of electric vehicle fleet transition, charging infrastructure, and finance solutions. The company packages electric vehicles and charging infrastructure. It offers financial solutions designed to facilitate the adoption of electric vehicles. The company aims to streamline the transition to electric fleets. It provides access to a charging network and operational electricity.
- Feb 2025Venture Debt—
- Sep 2021Seed—
#8
Seed · Johannesburg, Gauteng · 2 employees—raised▾
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#9
Seed · Johannesburg, Gauteng · founded 2015—raised▾
Provider of digital lending solutions and international and local trade finance. They offer business funding lines and asset financing. The business model focuses on paying suppliers upfront, allowing clients to pay later. They provide tools such as a business funding calculator.
- Feb 2019Seed—
#10
Seed · Sandton, Gauteng · founded 2012 · 46 employees—raised▾
Merchant cash advance provider. It is an online platform that offers merchant cash advances to SMEs. The repayments are deducted from the daily credit/debit card sales of the business. It claims to disburse the funds to the merchant with 48 hours. The business must be operative for more than 6 months in order to be eligible for funding.
- 2013Seed—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Alternative Lending coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding flat · growth rising
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.