In 2019, nearly 223.5 million U.S. dollars was raised in the financial services industry among start-up companies in West Africa, which registered an increase of approximately 153.2 million U.S. dollars compared to the previous year. Overall, funding received for West African start-ups in this sector has increased significantly over the past 10 years.
Value of start-up funding in financial services in West Africa from 2010 to 2019
(in million U.S. dollars)
The source explains that startups in this statistic have been founded in the West African region with at least one West African co-founder, and has raised a million dollar cumulatively between 2010 and 2019. Start-up funding in this data refers to the amount raised by a start-up company. br> Figures have been rounded.
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Techpoint.africa. (September 21, 2020). Value of start-up funding in financial services in West Africa from 2010 to 2019 (in million U.S. dollars) [Graph]. In Statista. Retrieved October 16, 2024, from https://www.statista.com/statistics/1177147/value-of-start-up-funding-in-financial-services-in-west-africa/
Techpoint.africa. "Value of start-up funding in financial services in West Africa from 2010 to 2019 (in million U.S. dollars)." Chart. September 21, 2020. Statista. Accessed October 16, 2024. https://www.statista.com/statistics/1177147/value-of-start-up-funding-in-financial-services-in-west-africa/
Techpoint.africa. (2020). Value of start-up funding in financial services in West Africa from 2010 to 2019 (in million U.S. dollars). Statista. Statista Inc.. Accessed: October 16, 2024. https://www.statista.com/statistics/1177147/value-of-start-up-funding-in-financial-services-in-west-africa/
Techpoint.africa. "Value of Start-up Funding in Financial Services in West Africa from 2010 to 2019 (in Million U.S. Dollars)." Statista, Statista Inc., 21 Sep 2020, https://www.statista.com/statistics/1177147/value-of-start-up-funding-in-financial-services-in-west-africa/
Techpoint.africa, Value of start-up funding in financial services in West Africa from 2010 to 2019 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1177147/value-of-start-up-funding-in-financial-services-in-west-africa/ (last visited October 16, 2024)
Value of start-up funding in financial services in West Africa from 2010 to 2019 (in million U.S. dollars) [Graph], Techpoint.africa, September 21, 2020. [Online]. Available: https://www.statista.com/statistics/1177147/value-of-start-up-funding-in-financial-services-in-west-africa/