Fintech startups in South Africa 2021, by sub-sector

Published by
Natalie Cowling,
Feb 13, 2024
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

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Release date

June 2022

Region

South Africa

Survey time period

2021

Supplementary notes

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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