Share of African fintech startups funding 2015-2021, by country
African fintech startups secured nearly 900 million U.S. dollars in investment. Over 53 percent of this amount went to Nigeria, while companies in South Africa received some 25 percent. Kenyan startups secured approximately 10 percent of the total funding.
Most of the funding raised for fintech startups in Africa landed in companies in Nigeria, South Africa, and Kenya. From 2015 to 2021,