African fintech startups dealing with payments and remittances received most of the investment raised between 2015 and 2021. In this period, fintechs in Africa secured nearly 900 million U.S. dollars in funding. Of this total, some 543 million U.S. dollars went to companies working with payments and remittances, while 131 million U.S. dollars were secured by startups specialized in lending and financing.
Value of cumulative funding secured by fintech startups in Africa from 2015 to 2021, by fintech category
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Quartz. (July 8, 2021). Value of cumulative funding secured by fintech startups in Africa from 2015 to 2021, by fintech category [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1249991/share-of-african-fintech-funding-by-category/
Quartz. "Value of cumulative funding secured by fintech startups in Africa from 2015 to 2021, by fintech category." Chart. July 8, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1249991/share-of-african-fintech-funding-by-category/
Quartz. (2021). Value of cumulative funding secured by fintech startups in Africa from 2015 to 2021, by fintech category. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1249991/share-of-african-fintech-funding-by-category/
Quartz. "Value of Cumulative Funding Secured by Fintech Startups in Africa from 2015 to 2021, by Fintech Category." Statista, Statista Inc., 8 Jul 2021, https://www.statista.com/statistics/1249991/share-of-african-fintech-funding-by-category/
Quartz, Value of cumulative funding secured by fintech startups in Africa from 2015 to 2021, by fintech category Statista, https://www.statista.com/statistics/1249991/share-of-african-fintech-funding-by-category/ (last visited December 22, 2024)
Value of cumulative funding secured by fintech startups in Africa from 2015 to 2021, by fintech category [Graph], Quartz, July 8, 2021. [Online]. Available: https://www.statista.com/statistics/1249991/share-of-african-fintech-funding-by-category/