Fintech was the largest sector in the startup ecosystem in South Africa in 2021. Payments and remittances were the largest sub-sector, with 40 startups, representing 27.2 percent of the fintech startups. Moreover, lending and finance and insurtech followed with 25 and 24 startups, respectively.
Number of fintech startups in South Africa as of 2021, by sub-sector
According to the source startups included here are startups launched between 2002 and 2021. Furthermore, they add that they do not claim to have identified all the tech startups that existed in the country as some may have "slipped through the net".
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Disrupt Africa. (June 8, 2022). Number of fintech startups in South Africa as of 2021, by sub-sector [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1324467/fintech-startups-in-south-africa-by-sub-sector/
Disrupt Africa. "Number of fintech startups in South Africa as of 2021, by sub-sector." Chart. June 8, 2022. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1324467/fintech-startups-in-south-africa-by-sub-sector/
Disrupt Africa. (2022). Number of fintech startups in South Africa as of 2021, by sub-sector. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1324467/fintech-startups-in-south-africa-by-sub-sector/
Disrupt Africa. "Number of Fintech Startups in South Africa as of 2021, by Sub-sector." Statista, Statista Inc., 8 Jun 2022, https://www.statista.com/statistics/1324467/fintech-startups-in-south-africa-by-sub-sector/
Disrupt Africa, Number of fintech startups in South Africa as of 2021, by sub-sector Statista, https://www.statista.com/statistics/1324467/fintech-startups-in-south-africa-by-sub-sector/ (last visited December 21, 2024)
Number of fintech startups in South Africa as of 2021, by sub-sector [Graph], Disrupt Africa, June 8, 2022. [Online]. Available: https://www.statista.com/statistics/1324467/fintech-startups-in-south-africa-by-sub-sector/
