Best FinTech Companies in South Africa
The 611 best FinTech companies in South Africa in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Jumo.
South Africa's FinTech sector has 611 companies tracked here, ranked by disclosed equity funding and recent momentum — and the $1.2B in total disclosed capital tells you this market is serious, even without a unicorn on the board yet. The global FinTech market sits at roughly $113.4B in 2025 and is forecast to reach $461.6B by 2034 at a 17.21% CAGR, so the tailwinds are real. Jumo leads our directory at $304M raised, with Stitch at $54M and Lula at $42M rounding out the top tier. As shown in 2017 research, digital platform models tend to compound their advantages fast, which explains why investors like Crossfin and Standard Bank keep backing platform-native players here.
So what's driving the heat right now? Next-gen banking platforms and cloud-based infrastructure are the dominant themes this quarter, and stringent local regulations are actually sharpening competition by forcing cleaner, more defensible product builds. I'd watch the mid-tier closely. PB Fintech's 165% profit jump on insurance distribution shows how vertical focus pays off, a playbook several South African fintechs are quietly running. The funding concentration is steep, but the pipeline beneath Jumo is moving.
- Statista
Our analysis of 1,006 FinTech companies
$195.5b in tracked funding; 96% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best FinTech companies in South Africa
| # | Company | Disclosed funding | Last round | Stage | Employees | Founder | Tech stack | Market signals (1y) | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Jumo Online marketplace for consumer & business loans and mobile-based banking channels | $304M | 5 mo ago | Series D | 242 | — | WordPressApple iCloud MailMySQL+28 | 4 signals Leadership · Hiring | 1 job opening · 3 partnerships |
| 2 | Britecap Candidate database for blue-collar workforce | $120M | 65 mo ago | Series B | 40 | — | SentryApple iCloud MailMicrosoft 365+26 | — | — |
| 3 | Yoco Provider of point-of-sale systems, card machines, and online payment solutions | $107M | 58 mo ago | Series C | 350 | Lungisa Matshoba Co-Founder | StoryblokSentrySalesforce+30 | 3 signals Leadership | — |
| 4 | VALR App-based platform for cryptocurrency trading | $55M | 51 mo ago | Series B | 11 | Badi Sudhakaran Co-Founder & Chief Product Officer | Cart FunctionalitySquarespace CommerceSquarespace+23 | — | 1 launch |
| 5 | Stitch Provider of payment gateway and API products for online payments | $54M | 14 mo ago | Series B | 95 | Natalie C Co-Founder & CTO | WebflowApple iCloud MailGoogle Workspace+20 | — | 1 launch · 1 partnership |
| 6 | Ozow Provider of payment solutions, including pay by bank and crypto payments | $52M | 55 mo ago | Series B | 147 | Thomas PAYS Co-Founder & CEO | WordPressMySQLPHP+26 | 4 signals Leadership · New product | 2 job openings |
| 7 | Capex Multi-asset trading platform for individuals | $42M | 45 mo ago | Series B | 400 | Madalina Rotaru Chief Executive Officer UAE | SentryZendeskTypeScript+27 | — | — |
| 8 | Retail Capital Provider of flexible, unsecured business funding to small and medium enterprises | $42M | 60 mo ago | Acquired | 188 | — | WordPressMySQLPHP+32 | — | 1 launch |
| 9 | Lula Provider of an internet-first bank offering digital banking services for businesses | $42M | 4 mo ago | Series B | 145 | Trevor Gosling Co-Founder & CEO | SentryZendeskApple iCloud Mail+26 | 19 signals ▲280% Funding · Capital raise · Leadership | 1 award |
| 10 | Jambo Platform building web3 mobile infrastructure solutions | $38M | 49 mo ago | Series A | — | James Zhang Co-Founder & CEO | Node.jsThree.jsRadix UI+14 | — | — |
| 11 | Peach Payments Payment gateway solutions for businesses and merchants | $32M | 38 mo ago | Series A | 122 | — | Cart FunctionalityWordPressMySQL+40 | — | — |
| 12 | Naked AI-driven app that provides usage-based car insurance | $32M | 16 mo ago | Series B | 102 | Alex Thomson Co-Founder | SentryZendeskApple iCloud Mail+24 | — | 2 job openings · 2 launchs |
| 13 | Pineapple App-based P&C insurance comparison platform for individuals | $27M | 31 mo ago | Series B | 56 | — | TurbopackApple iCloud MailGoogle Workspace+36 | 11 signals ▲120% Buyback · Earnings · Announcements | — |
| 14 | Adumo Provider of payment solutions, card machines, and customer engagement platforms | $26M | 42 mo ago | Acquired | 33 | Paul Kent Founder & CEO | Webflowcore-jsjQuery+18 | — | 1 partnership |
| 15 | Cape Town Stock Exchange Stock exchange platform for small- and medium-sized businesses | $16M | 45 mo ago | Series B | 14 | Fariyal Mukaddam CEO | Chart.jsMicrosoft ASP.NETBootstrap+14 | — | — |
| 16 | NFTfi Provider of an online platform for NFT-based lending | $15M | 24 mo ago | Series A | 19 | — | Radix UITailwind CSSshadcn/ui+9 | — | — |
| 17 | iiDENTIFii Provider of biometric identity verification and authentication solutions for businesses | $15M | 44 mo ago | Series A | 25 | Gur Geva Founder & CEO | WordPressMySQLPHP+32 | — | — |
| 18 | UsPlus Working capital financing via invoice factoring | $14M | 16 mo ago | Seed | 6 | — | — | — | — |
| 19 | Float Provider of a point-of-sale financing solutions | $14M | 9 mo ago | Seed | — | Alex Forsyth-Thompson Cfa Cfp Founder & CEO | WordPressMySQLPHP+25 | — | 1 launch · 1 partnership |
| 20 | Contactable Platform offering biometrics identity proofing solutions | $14M | 8 mo ago | Series B | 29 | — | WordPressMySQLPHP+21 | — | — |
| 21 | TymeBank Provider of the digital bank for individuals | $13M | 60 mo ago | Acquired | 550 | — | WordPressMySQLPHP+25 | 12 signals Leadership · Announcements · Funding | — |
| 22 | LittleFish Provider of software solutions for finance management | $10M | 4 mo ago | Series A | — | Davith Kahwa Co-Founder | Cart FunctionalityWordPressApple iCloud Mail+25 | — | — |
| 23 | Nomanini Provider of financial inclusion solutions for banks and retail ecosystems | $8M | 44 mo ago | Series B | 28 | — | — | — | — |
| 24 | Precium Provider of online payment solutions for businesses | $6M | 32 mo ago | Seed | — | Ruaan Botha CEO | WebflowApple iCloud MailGoogle Workspace+20 | — | — |
| 25 | 10X Investments Retirement planning and saving management platform | $6M | 103 mo ago | Acquired | 110 | — | SentryBugHerdZendesk+32 | — | — |
| 26 | Root Online platform providing insurance as a service | $4M | 32 mo ago | Seed | 48 | Louw Hopley Co-Founder | WebflowAmazon Web ServicesGSAP+17 | 4 signals ▼33% Earnings · M&A | 2 job openings · 1 award |
| 27 | Inclusivity Solutions Insurance software solutions | $4M | 31 mo ago | Series A | 22 | — | — | — | 1 launch · 1 award |
| 28 | Floatpays Cloud-based financial benefits platform for on-demand pay | $4M | 52 mo ago | Seed | 19 | — | WebflowAmazon Web ServicesjQuery+8 | — | — |
| 29 | Ovex Institutional-grade custodian and cryptocurrency exchange platform | $4M | 62 mo ago | Series A | — | Jonathan Ovadia Founder & CEO | TurbopackNode.jsTailwind CSS+19 | — | 1 launch |
| 30 | LifeCheq Provider of railway line gauge conversion and management services | $3M | 48 mo ago | Series A | 63 | Abubakari Malik Addae CEO | Node.jsFirebaseReact+15 | — | — |
| 31 | NuvaLaw Online dispute resolution platform | $3M | 31 mo ago | Seed | 6 | — | — | — | 1 award |
| 32 | Ctrl Provider of a platform for comparing and managing insurance policy options | $2M | 58 mo ago | Seed | 17 | Pieter Venter Co-Founder | — | — | — |
| 33 | Centbee App-based cold wallet for cryptocurrency | $2M | 41 mo ago | Series A | — | Lorien Gamaroff Co-Founder & CEO | — | — | — |
| 34 | centbee Centbee is a digital payments company that uses blockchain technology to enable people to move money easily… | $2M | 41 mo ago | Series A | 11 | — | TypeScriptIonicYouTube+8 | — | — |
| 35 | Billionaire Plus Provider of NFT-based multilayer board game | $2M | 53 mo ago | Funding Raised | 5 | — | — | — | — |
| 36 | SAVA Expense management and card solutions for businesses | $2M | 47 mo ago | Seed | 10 | Federico Landesmann Co-Founder | Node.jsRadix UITailwind CSS+10 | — | 1 launch |
| 37 | Happy Pay Provider of a payment gateway solution | $2M | 2 mo ago | Acquired | 15 | Boitumelo Thulo Co-Founder | Windows ServerMUIYouTube+20 | — | 5 partnerships |
| 38 | Water Financial Provider of finnancial services for the elderly who are asset rich with insufficient income | $2M | 22 mo ago | Seed | 1 | — | — | — | — |
| 39 | Momint NFT-based social platform for sharing photos and videos | $1M | 22 mo ago | Seed | 16 | Adam Romyn Co-Founder | TypeScriptGoogle Sign-inIonic+11 | — | — |
| 40 | MortgageMarket Comparison platform for residential mortgages | $1M | 64 mo ago | Seed | 23 | Tim Akinnusi Ceo And Co-Founder | WordPressMySQLPHP+23 | — | — |
| 41 | Akiba Digital Risk decisioning platform that empowers businesses to make faster, smarter, and more inclusive financial… | $1M | 59 mo ago | Seed | 14 | Tebogo Mokwena Co-Founder & CEO | — | — | — |
| 42 | CompariSure AI-based comparison platform for life insurance | $985K | 52 mo ago | Seed | 14 | Jonathan Elcock Founder | WordPressMySQLPHP+17 | — | — |
| 43 | Franc App-based robo-advisors for money market and ETF investments | $822K | 48 mo ago | Seed | 13 | Thomas Brennan Co-Founder & CEO | Node.jsRadix UITailwind CSS+22 | — | — |
| 44 | Livestock Wealth Provider of a crowd-farming company for investing in cattle | $565K | 44 mo ago | Seed | 23 | — | WordPressMySQLPHP+30 | — | — |
| 45 | Orca Fraud prevention and compliance tools for banks and fintechs | $550K | 3 mo ago | Seed | — | Carla Wilby Co-Founder & CTO | Webflow EcommerceWebflowSplide+18 | — | — |
| 46 | TurnStay Payment orchestration platform for businesses | $300K | 23 mo ago | Seed | — | James Hedley Founder | Framer SitesReactCloudflare+14 | 4 signals ▲300% Funding | — |
| 47 | Sticitt Payment solutions for schools | $260K | 11 mo ago | Series A | 15 | Theo Kitshoff Chief Executive Officer | WordPressZohoMySQL+20 | — | 2 launchs |
| 48 | Athena Provider of medical payments management software for healthcare | $250K | 28 mo ago | Seed | — | Jabulani Nyembe Founder | — | — | 3 partnerships |
| 49 | Paymenow App-based employee benefits management solutions for businesses | $230K | 11 mo ago | Seed | 29 | Deon Nobrega Co-Founder and Chief Executive Officer | BootstrapGSAPNginx+4 | 4 signals Funding · M&A | 1 partnership |
| 50 | LeaseSurance Platform offering insurance solutions for rental real estate | $161K | 33 mo ago | Seed | — | Paul Schaefer Chief Executive Officer | — | — | — |
Top 12 FinTech companies in South Africa
#1
Series D · Cape Town, Western Cape · founded 2015 · 242 employees$304.5Mraised▾
Jumo is an online marketplace for consumer & business loans and mobile-based banking channels. It offers lending products that enables entrepreneurs to avail loans & asset finance. The loan amount, life cycle, and repayment method can be configured based on the individual's requirements. It offers an AI-powered technology stack that connects banks with traditionally inaccessible customers and enables banks to deploy loans, savings, and insurance services.
- Dec 2025Venture Debt$7.5M
- Nov 2021Series D$120M
- Sep 2020Series C$52M
- Feb 2020Series C$55M
#2
Series B · Cape Town, Western Cape · founded 2014 · 145 employees$41.5Mraised▾
Provider of an internet-first bank offering digital banking services for businesses. It provides users with a platform that offers banking services to freelancers, startups, growing businesses or SMEs, and more, by allowing them to open business accounts with deposits, business bank cards, payments, transfers, receive payments, savings, cash flow management, and more. It also offers multiple business loans, with a repayment calculator on their platform, and allows businesses to offer buy now pay later financing loans to their customers.
- Feb 2026Conventional Debt$20M
- Nov 2025Conventional Debt$10M
- Feb 2023Series B$35M
- Jun 2021Conventional Debt$416.6K
#3
Series A · Johannesburg, Gauteng · founded 2021$9.5Mraised▾
Provider of software solutions for finance management. It provides users with a fintech company's goal to empower and facilitate trade, especially for small, micro, and nano-business owners. It also aims to streamline the payment process for SMEs by embedding payment functionalities into their daily operations.
- Jan 2026Series A$9.5M
- Oct 2024Seed—
#4
Series B · Cape Town, Western Cape · founded 2019 · 95 employees$53.6Mraised▾
Provider of payment gateway and API products for online payments. The company offers tools for in-person payments via an API and terminal management system. It facilitates payouts, payment orchestration, and various payment methods. The company provides solutions for unified commerce, collections, and account top-ups. It also offers card acquiring and embedded fraud solutions.
- Mar 2025Series B$55M
- Oct 2023Series A$25M
- Jan 2022Series A$22.6M
- Oct 2021Seed$2M
#5
Acquired · Cape Town, Western Cape · founded 2021 · 15 employees$1.8Mraised▾
Provider of a payment gateway solution. It develops payment gateway solutions for making online transactions.
- Mar 2026Seed$5M
- Sep 2024Seed$1.8M
- Sep 2024Conventional Debt—
#6
Seed · Rosebank, Province Of Eastern Cape · founded 2020$13.6Mraised▾
Provider of a point-of-sale financing solutions. It provides users with a payment platform that allows users to buy now and pay later with their existing credit card. It also offers convenience and financial control to customers without the need for new credit applications or traditional interest charges associated with credit cards.
- Sep 2025Seed$2.6M
- Mar 2024Conventional Debt$11M
#7
Series B · Centurion, Gauteng · founded 2009 · 29 employees$13.5Mraised▾
Platform offering biometrics identity proofing solutions. The platform is designed to assist users in validating that the real-world identity exists, that the digital identity matches, and that the person making the identity claim also matches. Solutions they offer are customer Ddgital on-boarding, customer digital identity, biometrics multi modal and etc.
- Sep 2025Series B$13.5M
#8
Series B · Johannesburg, Gauteng · founded 2016 · 102 employees$31.8Mraised▾
AI-driven app that provides usage-based car insurance. It offers a chatbot for usage-based quotes and prices. It also offers roadside assistance services, claims approval, and more. Its app is available for iOS and Android platforms.
- Jan 2025Series B$38M
- Feb 2023Series B$17M
- Aug 2021Series A$11.1M
- Dec 2018Seed$2.2M
#9
Seed · Cape Town, Western Cape · founded 2023$550Kraised▾
Fraud prevention and compliance tools for banks and fintechs. It offers a platform that screens transactions, checks users against sanctions and PEP lists, traces cash movements using graph analytics to block AML activity, and automates reporting. The platform provides custom models to detect networks and anomalous behavior, screens users using configurable signals, and helps prevent account takeovers and money laundering. It facilitates real-time alerting by sharing insights across providers to prevent repeat malicious activity. The platform streamlines fraud and compliance tools into a single integration, enabling businesses to mitigate fraud and scale compliance functions.
- Mar 2026Seed$2.4M
- May 2024Seed$550K
#10
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
#11
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.
- Jun 2024ICO$70K
- Mar 2024Series A$6M
- Nov 2021Series A$5M
- Feb 2021Seed$890K
#12
Series B · Johannesburg, Gauteng · founded 2017 · 56 employees$27.2Mraised▾
App-based P&C insurance comparison platform for individuals. It offers quotes for home electronics equipment, bicycles, cameras, drones, furniture & appliances, phone, sports equipment, and more. It also offers claims assistance solutions. The app is available for Android and iOS platforms.
- Nov 2023Series B$21.3M
- Jul 2021Series A$5.4M
- Oct 2019Grant (prize money)$1.5M
- Dec 2018Seed$72.2K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of FinTech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Fintech is moving in South Africa
A read on the academic research around Fintech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 90 South Africa-affiliated papers.
- University of Johannesburg16
- Walter Sisulu University12
- University of South Africa10
- University of the Witwatersrand9
- University of Pretoria7
- Financial services1→13
- Financial inclusion3→9
- Financial services4→23
- Financial inclusion4→18
- Payment2→7
- Mobile payment2→7
- Inclusion (mineral)2→5
Where fintech 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.
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.