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Radar · Blockchain Technology in South Africa

Best Blockchain Technology Companies in South Africa

The 77 best Blockchain Technology companies in South Africa in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: VALR.

77companies tracked
$117.8Mdisclosed funding
0unicorns
14have raised
Sources & further reading
  • Blockchain technology market to reach $1,431.54 billion by 2030
  • Growing Investments to Support Blockchain Technology Market Growth
  • NIST Taps Industry for Help in Understanding Emerging Technology Marke
FLIAR INTELLIGENCE · BLOCKCHAIN TECHNOLOGY × SOUTH AFRICA

Our analysis of 247 Blockchain Technology companies

$15.7b in tracked funding; 95% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.

247companies analysed
95%cloud-native stacks
2024funding peak (by rounds)
20unicorns
2021median founding year

Ranked: Best Blockchain Technology companies in South Africa

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1VALR
App-based platform for cryptocurrency trading
$55M51 mo agoSeries BBadi Sudhakaran
Co-Founder & Chief Product Officer
2018Cart FunctionalitySquarespace CommerceSquarespace+231 launch
2Jambo
Platform building web3 mobile infrastructure solutions
$38M49 mo agoSeries AJames Zhang
Co-Founder & CEO
2022Node.jsThree.jsRadix UI+14—
3NFTfi
Provider of an online platform for NFT-based lending
$15M24 mo agoSeries A—2017Radix UITailwind CSSshadcn/ui+9—
4Ovex
Institutional-grade custodian and cryptocurrency exchange platform
$4M62 mo agoSeries AJonathan Ovadia
Founder & CEO
2017TurbopackNode.jsTailwind CSS+191 launch
5Centbee
App-based cold wallet for cryptocurrency
$2M42 mo agoSeries ALorien Gamaroff
Co-Founder & CEO
2016——
6Billionaire Plus
Provider of NFT-based multilayer board game
$2M54 mo agoFunding Raised—2021——
7Augmentors Game
Developer of augmented reality games based on the Bitcoin Blockchain
$1M112 mo agoSeed—2013——
8Novateqni
Blockchain-based software solutions
$540K100 mo agoPublicGerhard Mynhardt
CEO
2012——
9TurnCoin
Online platform offering cryptocurrency exchange
$230K58 mo agoSeedRudolf Markgraaff
Founder & CEO
2017——

Top 12 Blockchain Technology companies in South Africa

#1
Series A · Cape Town, Western Cape · founded 2017 · 19 employees
$15Mraised
▾

Provider of an online platform for NFT-based lending. It offers a P2P marketplace that enables users to borrow and lend by securing NFTs as collateral. Users can provide ERC-721 tokens as collateral and request loans. Once accepted, ETH is paid to the users and the collaterals are locked in the NFTfi smart contract.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 3.3% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Jun 2024ICO$70K
  • Mar 2024Series A$6M
  • Nov 2021Series A$5M
  • Feb 2021Seed$890K
Investors
Placeholder, Maven 11, Launch Labs, Kahuna Ventures, Brevan Howard, The LAO
Tech stack
CloudflareCloudflare Bot ManagementCloudflare Browser InsightsEmotionEthersGoogle Font Api
#2
Series B · Johannesburg, Gauteng · founded 2018 · 11 employees
$55Mraised
▾

App-based platform for cryptocurrency trading. It uses AI and machine learning technology to validate the identity of the trader. It allows users to securely buy, store and sell cryptocurrencies.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 12k LinkedIn followers — 25.8% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Mar 2022Series B$50M
  • Jul 2020Series A$3.5M
  • Feb 2019Seed$1.5M
Founders & team
Badi SudhakaranCo-Founder & Chief Product OfficerTheo BohnenCo-Founder & CTOFarzam EhsaniCo-Founder & CEO
Investors
Bittrex, Montegray Capital, 4Di Capital, BitMEX, Third Prime, Distributedglobal
Tech stack
AmplitudeAngularApple Icloud MailCart FunctionalityCloudflareCloudflare Bot Management
#3
Series A · Cape Town, Western Cape · founded 2022
$37.5Mraised
▾

Platform building web3 mobile infrastructure solutions. It is building a super app that combines education, gaming, and entertainment with earning opportunities.

Funding rounds
  • May 2022Series A$30M
  • Feb 2022Seed$7.5M
Founders & team
James ZhangCo-Founder & CEO
Investors
Paradigm, Pantera Capital, Delphi Ventures, Kingsway Capital, Gemini, ParaFi
Tech stack
Amazon Web ServicesGsapHstsLenisMicrosoft 365Next.Js
#4
Series A · Sandton, Gauteng · founded 2016
$2.3Mraised
▾

App-based cold wallet for cryptocurrency. It allows users to send, receive, and store cryptocurrency. It offers fund transfers from a bank account or retail lanes. It offers other services including merchant payments, cross-border remittances, and more. It is available on Android and iOS platforms.

Funding rounds
  • Dec 2022Series A$1M
  • Feb 2020Series A—
  • Apr 2019Series A$1.3M
  • Jan 2018Seed—
Founders & team
Lorien GamaroffCo-Founder & CEOAngus BrownCo-Founder
Investors
Twohop, nChain, Ayre Group, CoinGeek, Paper Plane Ventures
#5
Series A · Johannesburg, Gauteng · founded 2017
$4Mraised
▾

Institutional-grade custodian and cryptocurrency exchange platform. It offers a platform that enables users to buy, sell, exchange, and trade multiple cryptocurrencies. It offers services such as an OTC trading desk, deep liquidity for cryptocurrency markets, and more. It enables both institutional clients and everyday traders to trade cryptocurrencies.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers — 20.4% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Apr 2021Series A$4M
  • Apr 2019Seed—
Founders & team
Jonathan OvadiaFounder & CEOSonali RavikiranCEO
Investors
Newtownpartners, Alameda Research
Tech stack
CloudflareCloudflare Bot ManagementCore-JsDocusignFacebook PixelGoogle Analytics
#6
Funding Raised · Cape Town, Western Cape · founded 2021 · 5 employees
$2.1Mraised
▾

Provider of NFT-based multilayer board game. Billionaire Plus is a board game that combines NFT, Defi, collectibles with 3D and VR modes where players can own, sell, trade, and collect NFT assets. The game will be available on Mobile and PC platforms.

Funding rounds
  • Dec 2021ICO$2.1M
Investors
Meta Venture Capital
#7
Seed · Durban, KwaZulu Natal · founded 2013
$1.1Mraised
▾

Augmentors is a developer of augmented reality games based on the Bitcoin Blockchain. It allows users to own their creatures and battle with them in augmented reality games. The game allows users to acquire rare creatures & relics in exchange of Augmentors in-game currency Databits (obtainable through the crowdfunding sale) inside of the counterparty wallet.

Funding rounds
  • Feb 2017ICO$1.1M
  • Nov 2016Angel—
Investors
Newtownpartners
Tech stack
WordpressMysqlPhpYoast SeoNginxJquery Migrate
#8
Seed · Stellenbosch, Western Cape · founded 2017 · 44 employees
$230Kraised
▾

Online platform offering cryptocurrency exchange. It offers solutions for cryptocurrency exchange, cryptocurrency tokens, derivatives trading, revenue sharing staking, and more. It also offers digital trading cards in sports, esports, music, and cryptocurrency token called Turncoin RDS. Its app is available on the website.

Funding rounds
  • Aug 2021Seed$230K
Founders & team
Rudolf MarkgraaffFounder & CEO
#9
Public · Johannesburg, Gauteng · founded 2012
$539.8Kraised
▾

Novateqni provides blockchain-based software solutions for biometrics, payments, elections and IoT sectors. The company uses blockchain and biometric technology to provide voter registration and electronic voter validation solutions. Offers biometric-based identity verification solution, a biometrics-based farmers management system for the tobacco industry, blockchain-based data management solutions etc.

Funding rounds
  • Feb 2018Post IPO$539.8K
Founders & team
Gerhard MynhardtCEO
#10
Deadpooled · Cape Town, Western Cape · founded 2016
$99Kraised
▾

Trustlab is a blockchain solutions provider. It is a venture production studio which focuses on blockchain solutions in the impact and digital identity sectors. Current projects include Amply, Ixo and Global Consent.

Funding rounds
  • 2017Grant (prize money)$99K
Founders & team
Lohan SpiesCo-Founder & Director
Investors
UNICEF Innovation Fund
#11
Seed · Alberton, Gauteng · founded 2022 · 15 employees
—raised
▾

Blockchain-based platform for crypto payment solutions. It offers solutions for business crypto payments. It enables businesses to integrate payment solutions into the POS platform. It also offers solutions for NFT staking, NFT mining, loans, and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 11k LinkedIn followers — 23.3% of this cohort's audience
Activity: 1 product launches · 2 partnerships (incl. Algorand Foundation) announced in 12 mo
Funding rounds
  • Mar 2025Seed—
  • Mar 2023Seed—
Founders & team
Oluwatobi AjayiCo-Founder & CEOOpeyemi AkinremiCo-Founder
Investors
CV LABS, Hedera Hashgraph
Tech stack
AdrollAdroll Cmp SystemAmazon CloudfrontAmazon Web ServicesCloudflareCloudflare Bot Management
#12
Seed · Cape Town, Western Cape · founded 2019 · 9 employees
—raised
▾

Xago is an online payment gateway platform for ripple. It allows users to send, receive & accept payments made in ripple assets. Enables merchants to accept ripple-based payments for various goods & services. Provides PED authentication solutions to restrict access to the network.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 3.3% of this cohort's audience
Activity: 1 product launches · 1 partnerships · 1 expansions (incl. OpenPayd) announced in 12 mo
Funding rounds
  • Jul 2021Seed—
  • Nov 2020Seed—
Founders & team
Sonya KuhnelCo-FounderJurgen KuhnelCo-Founder & CEOMark ChirnsideCo-Founder
Investors
Imvelo Ventures
Tech stack
CloudflareCloudflare Browser InsightsComplianzCore-JsElementorExactmetrics

Funding & investor landscape

$117.8Mtotal disclosed funding
10companies funded
17disclosed rounds
0rounds last 90 days
Most active investors
Alameda Research3 rounds
BLOCKRAISE2 rounds
Boost VC2 rounds
Brevan Howard2 rounds
Coinbase2 rounds
Maven 112 rounds
Newtownpartners2 rounds
Pantera Capital2 rounds
1kx1 rounds
4Di Capital1 rounds

Notable founders

Badi Sudhakaran
Co-Founder & Chief Product Officer · VALR
Theo Bohnen
Co-Founder & CTO · VALR
James Zhang
Co-Founder & CEO · Jambo
Lorien Gamaroff
Co-Founder & CEO · Centbee
Angus Brown
Co-Founder · Centbee
Jonathan Ovadia
Founder & CEO · Ovex
Sonali Ravikiran
CEO · Ovex
Rudolf Markgraaff
Founder & CEO · TurnCoin
Gerhard Mynhardt
CEO · Novateqni
Lohan Spies
Co-Founder & Director · Trustlab
Oluwatobi Ajayi
Co-Founder & CEO · Ivorypay
Opeyemi Akinremi
Co-Founder · Ivorypay
Prism market signals · South Africa · country-scoped Prism corpus, 29,863 docs

Market landscape — 10 sub-themes by coverage

Share of Blockchain Technology coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · South Africa

How research on Blockchain is moving in South Africa

A read on the academic research around Blockchain — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 284 South Africa-affiliated papers.

research sentiment over time
202220242026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 40% → 51% across 2022–2026.
top research entities
  • University of Johannesburg98
  • University of Pretoria27
  • Durban University of Technology26
  • North-West University18
  • University of South Africa14
leading researchers
Nnamdi Nwulu · Uyikumhe Damisa · Clinton Aigbavboa · Tarek Frikha · Jalel Ktari · Sudeep Tanwar · Sanja Bauk · Gulshan Sharma
▲ Breakthroughs46 · 16%
▲ 0%→16% share
2 median citations98% since 2021mostly methods-led
Breakthroughs are rising (0%→16% of field), led by Computer security.
rising sub-themes (early→recent)
  • Computer security21
  • Scalability11
  • Transparency (behavior)5
  • Transformative learning5
  • Supply chain5
Newly emergingComputer security 0→21 · Scalability 0→11 · Transparency (behavior) 0→5
Landmark A New Algorithm on Application of Blockchain Technology in Live Stream Video Transmissions and Telecommunications · 106 cites
◆ Advancements106 · 37%
▲ 0%→38% share
2 median citations100% since 2021mostly methods-led
Advancements are rising (0%→38% of field), led by Computer security.
rising sub-themes (early→recent)
  • Computer security56
  • Supply chain17
  • Transparency (behavior)16
  • Traceability10
  • Cryptocurrency7
Newly emergingComputer security 0→56 · Supply chain 0→17 · Transparency (behavior) 0→16
Landmark Deep Learning-Based Cryptocurrency Price Prediction Scheme With Inter-Dependent Relations · 120 cites
▼ Concerns111 · 39%
▲ 0%→38% share
1 median citations96% since 2021mostly empirical
Concerns are rising (0%→38% of field), led by Computer security.
rising sub-themes (early→recent)
  • Computer security38
  • Transparency (behavior)19
  • Supply chain13
  • Knowledge management10
  • Health care9
Newly emergingComputer security 0→37 · Transparency (behavior) 0→18 · Supply chain 0→12
Landmark Blockchain in healthcare: A systematic literature review, synthesizing framework and future research agenda · 425 cites
RESEARCH HOTSPOTS · South Africa

Where blockchain is researched across South Africa

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Johannesburg109 · +0.23
Hot · Computer securityAdvancing · Smart gridOpportunity · Transparency (behavior)Concern · Thematic analysis
Pretoria56 · +0.32
Hot · InteroperabilityAdvancing · Corporate governanceOpportunity · Computer securityConcern · Health care
Durban38 · +0.26
Hot · Computer securityAdvancing · ImmutabilityOpportunity · Supply chainConcern · Knowledge management
Cape Town20 · +0.10
Hot · VotingAdvancing · Computer securityOpportunity · Scalability
Potchefstroom18 · +0.37
Hot · Conceptual frameworkAdvancing · Transformative learningOpportunity · Computer securityConcern · Knowledge management
Bloemfontein13 · +0.22
Hot · Computer securityAdvancing · CryptographyOpportunity · Snowball samplingConcern · Transparency (behavior)
Stellenbosch12 · +0.28
Hot · TraceabilityAdvancing · Computer securityOpportunity · Transparency (behavior)
Rondebosch7 · +0.23
Hot · Computer securityOpportunity · Knowledge management

Common questions

How many Blockchain Technology companies are there in South Africa?
Radar tracks 77 indexable Blockchain Technology companies headquartered in South Africa that meet our profile-completeness bar.
What is the total funding raised by Blockchain Technology companies in South Africa?
The Blockchain Technology companies in South Africa on this list have raised a combined $117.8M in disclosed equity funding across 10 funded companies.
Which is the highest-funded Blockchain Technology company in South Africa?
VALR is the highest-funded Blockchain Technology company in South Africa, with $55M in disclosed equity funding.
How many Blockchain Technology companies in South Africa are funded?
10 of the 77 Blockchain Technology companies in South Africa on this list have disclosed at least one equity funding round.
How many Blockchain Technology unicorns are there in South Africa?
None of the Blockchain Technology companies in South Africa on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in South Africa Blockchain Technology companies?
The most active investors in South Africa Blockchain Technology companies on this list include Alameda Research, BLOCKRAISE, Boost VC, Brevan Howard, Coinbase.
Rohit KhannaTrends & Stories

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.

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