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101 Best South Africa FinTech Startups – The Future of FinTech

This article showcases our top picks for the best South Africa based FinTech companies. These startups and companies are taking a variety of approaches to innovating the FinTech industry, but are all exceptional companies well worth a follow.

We tried to pick companies across the size spectrum from cutting edge startups to established brands.

We selected these startups and companies for exceptional performance in one of these categories:

  • Innovation
    • Innovative ideas
    • Innovative route to market
    • Innovative product
  • Growth
    • Exceptional growth
    • Exceptional growth strategy
  • Management
  • Societal impact

Top South Africa FinTech Startups

Data sourced from Crunchbase and SemRush.

MFS Africa

MFS Africa

Crunchbase Website Twitter Facebook Linkedin

MFS Africa is a digital payment company that offers mobile financial solutions for senders, money users, and service providers.

JUMO

JUMO

Crunchbase Website Twitter Facebook Linkedin

JUMO is the market leading Banking as a Service platform that uses AI to power financial services in emerging markets.

JUMO

Yoco

Crunchbase Website Twitter Facebook Linkedin

Yoco is a point-of-sale payments provider for small businesses in Africa.

JUMO

Stitch

Crunchbase Website Twitter Facebook Linkedin

Stitch Money provides full API access to financial accounts.

JUMO

Pineapple

Crunchbase Website Twitter Facebook Linkedin

Pineapple makes insuring easy, fair and accessible. Get cover in a snap. See the good your premiums do. Get all leftover premium back.

JUMO

Root

Crunchbase Website Twitter Facebook Linkedin

A financial services platform – programmable banking and insurance

JUMO

PayGate

Crunchbase Website Twitter Facebook Linkedin

PayGate offers leading payment services to enterprise companies worldwide.

JUMO

Planet42

Crunchbase Website Twitter Facebook Linkedin

Planet42 is democratising mobility by enabling people ignored by banks to get access to a personal vehicle through car subscription service.

JUMO

VALR

Crunchbase Website Twitter Facebook Linkedin

We‘re helping build a financial system that recognises the oneness of humanity.

JUMO

Zoona

Crunchbase Website Twitter Facebook Linkedin

Zoona is a mobile technology company developing products such as money transfers, electronic voucher payments, and agent payments.

JUMO

Lulalend

Crunchbase Website Twitter Facebook Linkedin

Lulalend is an online lending company that provides fast and easy working capital funding to small businesses in South Africa.

JUMO

StartX

Crunchbase Website Twitter Facebook Linkedin

The Success EcoSystem.

JUMO

Nomanini

Crunchbase Website Twitter Facebook Linkedin

Fintech SaaS platform to deliver digital financial services to the informal retail trade.

JUMO

Inclusivity Solutions

Crunchbase Website Twitter Facebook Linkedin

We design, build and operate digital insurance businesses in emerging markets

JUMO

Getbucks

Crunchbase Website Twitter Facebook Linkedin

GetBucks is a fintech company that embraces technology as a means to provide financial products and services to its customers.

JUMO

FinChatBot

Crunchbase Website Twitter Facebook Linkedin

We conversational AI solutions to help financial service providers acquire & retain customers

JUMO

Whiteside Capital Group

Crunchbase Website Twitter Facebook Linkedin

Information Technology Firm

JUMO

Paymenow Group

Crunchbase Website Twitter Facebook Linkedin

Paymenow Group is an employee benefits platform that offers users early access to earned wages at affordable rates.

JUMO

Mortgage Market

Crunchbase Website Twitter Facebook Linkedin

Mortgage Market is a fintech startup that has created an online marketplace for home loans.

JUMO

Investsure

Crunchbase Website Twitter Facebook Linkedin

InvestSure- a tech company, provides APIs to enable partner investment platforms to sell its Investment Insurance product to their clients.

JUMO

Bright On Capital

Crunchbase Website Twitter Facebook Linkedin

Bright On Capital is a peer-to-peer online enterprise-lending platform for SMEs to raise working capital funding from lenders.

JUMO

Franc

Crunchbase Website Twitter Facebook Linkedin

Franc is a digital wealth platform helping more people invest more.

JUMO

Meerkat

Crunchbase Website Twitter Facebook Linkedin

Meerkat is a financial wellness business committed to making a real difference in the financial lives of its customers.

JUMO

StokFella

Crunchbase Website Twitter Facebook Linkedin

StokFella puts the power of informed financial management and financial decision-making in the hands of all Stokvels.

JUMO

Truzo

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Truzo is a web and app-based escrow platform enabling buyers and sellers anywhere to transact in a safe and secure way.

JUMO

Kopano

Crunchbase Website Twitter Facebook Linkedin

Delivering insurance to emerging markets.

JUMO

Invoice Worx

Crunchbase Website Twitter Facebook Linkedin

Invoice Worx is a working capital financing company aimed at providing access to a business network that helps businesses.

JUMO

Vollar

Crunchbase Website Twitter Facebook Linkedin

Vollar is a digital currency earned by doing good alongside local nonprofit organisations.

JUMO

My-iMali

Crunchbase Website Twitter Facebook Linkedin

My-iMali is a Mobile Wallet Solution and Mobile Wallet Platform.

JUMO

CommuScore

Crunchbase Website Twitter Facebook Linkedin

We digitise trust in the informal market. We provide alternative credit scoring for the unbanked to drive financial inclusion.

JUMO

Nobuntu

Crunchbase Website Twitter Facebook Linkedin

A community driven savings product which pays you more as you grow older.

JUMO

Airbuy

Crunchbase Website Twitter Facebook Linkedin

Airbuy is an alternative payment that allows e-commerce sites to accept payments without their customers exposing their banking details.

JUMO

Fo-Sho

Crunchbase Website Twitter Facebook Linkedin

Fo-Sho is a peer-to-peer insurtech that is powered by technology to bring affordable short-term insurance to South African markets.

JUMO

GetVanced

Crunchbase Website Twitter Facebook Linkedin

GetVanced is a financial wellness platform that allows employees to get immediate access to a percentage of their earned wages.

JUMO

iKhokha

Crunchbase Website Twitter Facebook Linkedin

iKhokha makes it easier for South African businesses to accept credit card payments. With iKhokha, the device is yours, not the banks.

JUMO

Entersekt

Crunchbase Website Twitter Facebook Linkedin

Innovator in mobile identity and payments enablement

JUMO

Mama Money

Crunchbase Website Twitter Facebook Linkedin

Mama Money is the world’s first social business for remittances.

JUMO

Payfast

Crunchbase Website Twitter Facebook Linkedin

Our focus is on driving adoption of digital payments in South Africa by fostering ecommerce and helping businesses grow.

JUMO

MobiLife

Crunchbase Website Twitter Facebook Linkedin

MobiLife is an insurance provider aiming to transform micro-insurance in South Africa.

JUMO

Bettr

Crunchbase Website Twitter Facebook Linkedin

Digital banking powered by your smartphone.

JUMO

Cassava fintech

Crunchbase Website Twitter Facebook Linkedin

Cassava Fintech is a specialised Pan-African Technology company.

JUMO

DafriBank Digital LTD

Crunchbase Website Twitter Facebook Linkedin

DafriBank Digital is a branchless financial technology company providing customized financial services to clients in 180+ countries

JUMO

Sygnia

Crunchbase Website Twitter Facebook Linkedin

Sygnia is a FinTech company that provides asset management, stockbroking, and administration services.

JUMO

Transaction Capital

Crunchbase Website Twitter Facebook Linkedin

Transaction Capital is a provider of specialised financial and allied services.

JUMO

Netcash

Crunchbase Website Twitter Facebook Linkedin

Netcash specialises in providing secure, online transaction processing services for SMEs in South Africa.

JUMO

ProsperiProp

Crunchbase Website Twitter Facebook Linkedin

ProsperiProp is fintech platform that makes it possible for people to own property and ultimately create their own personal wealth.

JUMO

Maxicash

Crunchbase Website Twitter Facebook Linkedin

Maxicash is a Fintech company & developer of a mobile app that helps African financially support their loved ones back home.

JUMO

walletDoc

Crunchbase Website Twitter Facebook Linkedin

walletdoc is the smart, secure & free way to pay bills – with no admin.

JUMO

Fincheck

Crunchbase Website Twitter Facebook Linkedin

Fincheck provides users with the facts and figures required to make an informed decision on their personal finance and loans.

JUMO

BitFund

Crunchbase Website Twitter Facebook Linkedin

Cryptocurrency investment platform

JUMO

Fundamo (Proprietary)

Crunchbase Website Twitter Facebook Linkedin

Fundamo provides mobile financial solutions for banks, financial organizations and mobile network operators.

JUMO

Connect

Crunchbase Website Twitter Facebook Linkedin

Connect offers financial technology solutions to connect entrepreneurs with opportunities to maximize their business potential.

JUMO

BancX

Crunchbase Website Twitter Facebook Linkedin

BancX a provider of cloud based platform that deliver digital financial and banking services.

JUMO

Electrum

Crunchbase Website Twitter Facebook Linkedin

Electrum builds software that represents the next generation of payments technology.

JUMO

truID

Crunchbase Website Twitter Facebook Linkedin

truID is provides financial institutions and fintechs with secure access to consumer banking data.

JUMO

ooba

Crunchbase Website Twitter Facebook Linkedin

ooba pioneered mortgage origination in South Africa and now offers a range of solutions to homebuyers.

JUMO

Simply Financial Services

Crunchbase Website Twitter Facebook Linkedin

Simply is a #fintech #insurtech company, providing mass market life insurance combos (life + disability + funeral) for South Africans.

JUMO

Merchant Capital South Africa

Crunchbase Website Twitter Facebook Linkedin

Merchant Capital is an alternative provider of working capital for small and medium entrepreneurs.

JUMO

Airvantage

Crunchbase Website Twitter Facebook Linkedin

Airvantage is a fintech provider of mobile financial and value-added services for mobile network operators.

JUMO

Rateweb

Crunchbase Website Twitter Facebook Linkedin

Rateweb is a fintech web platform that allow users to compare financial products like bank accounts, insurance, brokers, loans & credit card

JUMO

Veneka

Crunchbase Website Twitter Facebook Linkedin

Veneka renders payment technology solutions such as card and wallet issuing, card payments, electronic and digital banking.

JUMO

Rainfin

Crunchbase Website Twitter Facebook Linkedin

RainFin is an online lending marketplace that links Borrowers with Lenders.

JUMO

SASA Solutions

Crunchbase Website Twitter Facebook Linkedin

SASA is a digital FinTech company that leverage data and tech to take friction out of finance.

JUMO

Fedgroup

Crunchbase Website Twitter Facebook Linkedin

Fedgroup is a financial services company investing in smart technology.

JUMO

Startupbootcamp Cape Town

Crunchbase Website Twitter Facebook Linkedin

Startupbootcamp Cape Town is a leading accelerator focused on scouting for startups in blockchain, connected devices.

JUMO

Artis Turba

Crunchbase Website Twitter Facebook Linkedin

Intuitive cryptocurrency exchange built for individuals, traders and investors.

JUMO

TradeSafe

Crunchbase Website Twitter Facebook Linkedin

TradeSafe is an independent online financial escrow platform that securely safeguards the buyer’s funds and documentation in trust.

JUMO

Nona Digital

Crunchbase Website Twitter Facebook Linkedin

We design and build intuitive software for FinTech companies.

JUMO

Uprise.Africa

Crunchbase Website Twitter Facebook Linkedin

The first Equity Crowdfunding platform in South Africa

JUMO

KINEKT Terminals

Crunchbase Website Twitter Facebook Linkedin

“The World’s 1st Underbanked Friendly 2-Step Payments Terminal”

JUMO

Astute Financial Services

Crunchbase Website Twitter Facebook Linkedin

Astute provides data exchange, intermediary, fintech and risk technology solutions to the financial services industry.

JUMO

Octobase

Crunchbase Website Twitter Facebook Linkedin

The mobile banking platform for the decentralized economy

JUMO

Delter IT

Crunchbase Website Twitter Facebook Linkedin

Delter IT Services is a micro lending software development company providing client management systems to micro lenders.

JUMO

OysterPay

Crunchbase Website Twitter Facebook Linkedin

OysterPay is a digital banking platform for gig workers who are largely overlooked by traditional financial institutions.

JUMO

ZAR X

Crunchbase Website Twitter Facebook Linkedin

ZAR X is a licensed stock exchange that uses disruptive fintech to create a more efficient market for all.

JUMO

Causal Nexus

Crunchbase Website Twitter Facebook Linkedin

Causal Nexus is a startup that specialises in next-generation backend payment systems.

JUMO

Slide Financial

Crunchbase Website Twitter Facebook Linkedin

Slide Financial offers customizable mobile payment solutions for platforms and marketplaces.

JUMO

Youi

Crunchbase Website Twitter Facebook Linkedin

Youi is about helping you get the best premium, getting you a tailored insurance solution, and providing you with the best service.

JUMO

4 Africa Exchange Proprietary Ltd.

Crunchbase Website Twitter Facebook Linkedin

4 Africa Exchange is a provider of safe and licensed platform that provides easier access, and more product variety to Issuers and Brokers.

JUMO

Real Pay

Crunchbase Website Twitter Facebook Linkedin

Real Pay is a multi-bank web-based payments system that allows users to upload transactions, manage cashflows & complete digital payments.

JUMO

Zonotho

Crunchbase Website Twitter Facebook Linkedin

Personal Finance

JUMO

Stock Shop

Crunchbase Website Twitter Facebook Linkedin

Stock Shop provides a toolbox of platforms that financial institutions can white-label to provide financial education.

JUMO

Kukura Capital

Crunchbase Website Twitter Facebook Linkedin

Kukura Capital is a company that focuses on financial education and financial technology.

JUMO

Mobicred

Crunchbase Website Twitter Facebook Linkedin

Mobicred is a pioneering credit facility platform that allows its users to shop safely online with a real-time secure facility.

JUMO

wanna loan?

Crunchbase Website Twitter Facebook Linkedin

wanna loan? is a short-term lender of choice. For fast, paperless applications. Apply in minutes and get paid within an hour.

JUMO

Imafin

Crunchbase Website Twitter Facebook Linkedin

Imafin is a specialist payment and commercial credit firm driven by innovation on traditional payments models.

JUMO

Riskflow

Crunchbase Website Twitter Facebook Linkedin

Riskflow is a fintech company founded in 1988, focussing on the creation of enterprise software solutions.

JUMO

Blue Financial Services

Crunchbase Website Twitter Facebook Linkedin

Blue is a micro-finance institution that offers loans and financial services.

JUMO

Paytec

Crunchbase Website Twitter Facebook Linkedin

Authorised operator of BankTech Platform in Sub-Saharan Africa

JUMO

RiovicPay

Crunchbase Website Twitter Facebook Linkedin

RiovicPay is an innovative company providing money transfer and payment tools.

JUMO

Cenfri

Crunchbase Website Twitter Facebook Linkedin

Centre for Financial Regulation and Inclusion. Independent think tank focused on financial sector development,

JUMO

Diga Digital Intelligence

Crunchbase Website Twitter Facebook Linkedin

Diga Digital Intelligence specializes in cloud applications that are changing the way advisers connect with their clients.

JUMO

FMJ Financial Services

Crunchbase Website Twitter Facebook Linkedin

Registered tax practitioners that focus on assisting individuals with SARS tax returns, tax advice, tax audits and tax objections

JUMO

Peniel

Crunchbase Website Twitter Facebook Linkedin

Accelerating the acceleration of data insights within the sustainability markets with a robo advisor

JUMO

AvantCore

Crunchbase Website Twitter Facebook Linkedin

AvantCore is a FinTech entity focused on Blockchain and CryptoAsset Research and Development.

JUMO

AirAdvance

Crunchbase Website Twitter Facebook Linkedin

AirAdvance solves the problem that Airbnb income is mostly unrecognized by traditional finance and lending institutions.

JUMO

Arcus Capital

Crunchbase Website Twitter Facebook Linkedin

Arcus Capital has created a robo advisor with advanced investment algorithms that trawl the market and analyse them using big data.

JUMO

Hyphen

Crunchbase Website Twitter Facebook Linkedin

Hyphen offers payments, collections, financial transactions and cash flow administration solutions to medium and large-sized companies.

JUMO

Candystick

Crunchbase Website Twitter Facebook Linkedin

Candystick is a safe online money box.

JUMO

SIPP Investments

Crunchbase Website Twitter Facebook Linkedin

SIPP is a technology driven investment business with online tools for investors to empower financial well-being.

Written by Warren Tesla

My name is Tesla and I am the pseudonym used by The Stratup Pill's broad writing team.

About me: Founder, CEO, CTO, CFO, CMO, CISO, Director, Head of the Board, Head of the oversight board, Executive, Legal Council, Head of Hiring, HR Manager, Consultant.

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