Within the period of 2010 and 2019, West African financial services start-ups in payments raised an amount of approximately 239 million U.S. dollars, which was the highest and covered 68.3 percent of all West African start-up funding in this sector in that same period. This was followed by credit service providers, which accounted for 19.5 percent (68.34 million U.S. dollars) of the total funding. Solution providers registered the least of funding raised compared to the other sub-sectors.
Value of start-up funding in financial services in West Africa from 2010 to 2019, by sub-sector
(in million U.S. dollars)
The source explains that startups in this statistic have been founded in the West African region with at least one West African co-founder, and has raised a million dollar cumulatively between 2010 and 2019. Start-up funding in this data refers to the amount raised by a start-up company.
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Techpoint.africa. (September 21, 2020). Value of start-up funding in financial services in West Africa from 2010 to 2019, by sub-sector (in million U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1177161/amounts-of-start-up-funding-in-financial-services-in-west-africa-by-sub-sector/
Techpoint.africa. "Value of start-up funding in financial services in West Africa from 2010 to 2019, by sub-sector (in million U.S. dollars)." Chart. September 21, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1177161/amounts-of-start-up-funding-in-financial-services-in-west-africa-by-sub-sector/
Techpoint.africa. (2020). Value of start-up funding in financial services in West Africa from 2010 to 2019, by sub-sector (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1177161/amounts-of-start-up-funding-in-financial-services-in-west-africa-by-sub-sector/
Techpoint.africa. "Value of Start-up Funding in Financial Services in West Africa from 2010 to 2019, by Sub-sector (in Million U.S. Dollars)." Statista, Statista Inc., 21 Sep 2020, https://www.statista.com/statistics/1177161/amounts-of-start-up-funding-in-financial-services-in-west-africa-by-sub-sector/
Techpoint.africa, Value of start-up funding in financial services in West Africa from 2010 to 2019, by sub-sector (in million U.S. dollars) Statista, https://www.statista.com/statistics/1177161/amounts-of-start-up-funding-in-financial-services-in-west-africa-by-sub-sector/ (last visited December 22, 2024)
Value of start-up funding in financial services in West Africa from 2010 to 2019, by sub-sector (in million U.S. dollars) [Graph], Techpoint.africa, September 21, 2020. [Online]. Available: https://www.statista.com/statistics/1177161/amounts-of-start-up-funding-in-financial-services-in-west-africa-by-sub-sector/
