South Africa’s 101 Fastest Growing FinTech Startups

At Fintech Energy we track over 200,000 fintech startups and over 1,000,000 people who hold key positions in these companies. We use this directory of startups to highlight top employees, founders and organisations we think deserve more appreciation than they are currently getting.

We’ve ranked the top 101 FinTech companies in South Africa. The companies, startups and institutions listed in this article are all exceptional companies, well worth a follow. We have included links to their websites, socials and CrunchBase (if you’re interested in their financials).

We selected the organisations listed in this article based on:

• Track record
• Executive leadership
• Market share
• Innovation
• ESG rating

Our Data – We source our data from OSINT (open source intelligence) and public directories such as Crunchbase, SemRush and many more. The data from these sources should be treated with a degree of caution and verified yourself.

Top FinTech Companies & Startups (South Africa)

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Planet42

Founders	Eerik Oja, Marten Orgna
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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PayGate

Founders	David Beukes, Dick Arudo
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

PayGate offers leading payment services to enterprise companies worldwide.

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StartX

Founders	Arash Rezaei
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

The Success EcoSystem.

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Lulalend

Founders	Neil Welman, Trevor Gosling
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Zoona

Founders	Brad Magrath, Brett Magrath, Mike Quinn
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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FloatPays

Founders	Simon Ward
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

FloatPays provides payroll integration, employee access, financial education, effective reporting, payment, and training services.

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Pineapple

Founders	Marnus van Heerden, Matthew Elan Smith, Ndabenhle Junior Ngulube
Follow	Website, Crunchbase, 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.

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Stitch

Founders	Kiaan Pillay, Natalie Cuthbert, Priyen Pillay
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Stitch is an API fintech that makes it easier for businesses to connect to users’ financial accounts to access data and enable payments.

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Wala

Founders	Samer Saab, Tricia Martinez
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Wala is built a community-driven and gamified personal financial management tool for cash-based consumers in emerging markets.

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Fintec Labs

Founders	Daniel van Tonder, Guncha Kumar, Willem van Zyl
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

South African financial technology incubator to the largest African insurance- and banking institutions

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Root

Founders	Jonathan Stewart, Louw Hopley
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

A financial services platform – programmable banking and insurance

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Nomanini

Founders	Vahid Monadjem
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Getbucks

Founders	Unknown
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Inclusivity Solutions

Founders	Jeremy Leach
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Crossfin Technology

Founders	Anton Gaylard, Dean Sparrow
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Crossfin invests in FINTECH solutions to enable growth for economies in Africa and beyond.

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BancX

Founders	David Rogers
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Cloud based financial services infrastructure platform designed to build, configure, launch and scale financial services

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MFS Africa

Founders	Dare Okoudjou
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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JUMO

Founders	Andrew Watkins-Ball
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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CTSX

Founders	Phillip Sebole Masango, Ruan Van Wyk
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Private Equity

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Centbee

Founders	Angus Brown, Lorien Gamaroff
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Centbee is a digital payments company that uses blockchain technology to enable people to move money easily and cheaply.

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Investsure

Founders	Ignatious Nkwinika, Mbulelo Mpofana, Shane Curran
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Paymenow Group

Founders	Bryan Habana, Deon Nobrega, Gerbrand Potgieter, Willem van Zyl
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Lipa Payments

Founders	Unknown
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Lipa creates software that allows merchants to accept contactless payments without any additional hardware.

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MortgageMarket

Founders	Tim Akinnusi
Follow	Website, Crunchbase, Instagram, Facebook, Linkedin

MortgageMarket.co.za is a fintech that not only provides access to 7 banks and real-time home loan comparison services but also pays consumers R5000 cashback just for using its online platform to get a home loan.

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Bright On Capital

Founders	Koena Headbush, Tsepo Headbush
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Franc

Founders	Sebastian Patel, Thomas Brennan
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Prospa

Founders	Carl Ngwenya, Dhanyal Davidson
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Prospa is a mobile savings wallet with no monthly fees and no required minimum account balance.

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Whiteside Capital Group

Founders	Peter Krause, Raymond Cornish
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Information Technology Firm

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Kopano

Founders	Duran Hamer, Eleftherios Kyriazis, Gustav Praekelt
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Delivering insurance to emerging markets.

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StokFella

Founders	Ruddy Mukwamu, Tshepo Moloi
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Truzo

Founders	Terence Naidu
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Nona Digital

Founders	Ed O’Reilly, Gordon Angus, Mike Scott
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

We design and build intuitive software for FinTech companies.

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GetVanced

Founders	Brendon Harris, Raeesa Gabriels
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Meerkat

Founders	David O’Brien
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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CommuScore

Founders	Philile Mkhize, Priya Thakoor Mistry
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Vollar

Founders	Kyle Ueckermann
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Invoice Worx

Founders	Mdu Thabethe, Siya Ntutela
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Airbuy

Founders	Kabelo Twala, Njabulo Makhathini, Tshepang Kobo
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Preferental

Founders	Ross Fitzcharles
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Preferental is a digital property management platform that guarantees rental income.

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Nobuntu

Founders	Ross Tasker, 博克斯 博西
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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ProsperiProp

Founders	Llewellyn Morkel
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Fo-Sho

Founders	Avi Naidoo, Mithun Kalan
Follow	Website, Crunchbase, 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.

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Entersekt

Founders	Altus van Tonder, Christiaan Brand, Dewald Nolte, Niel Müller, Schalk Nolte
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Innovator in mobile identity and payments enablement

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iKhokha

Founders	Ramsay Daly
Follow	Website, Crunchbase, 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.

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My-iMali

Founders	Casper Kruger, Matt Goosen
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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MobiLife

Founders	Adrian Solomon, Frank Schütte, Shadrack Sivhugwana
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Sygnia

Founders	Magda Wierzycka
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Bettr

Founders	Andrzej Stempowski, Tobie van Zyl
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

The Digital Banking App for Creators

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Payfast

Founders	Andy Higgins, Jonathan Smit
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Cassava fintech

Founders	Unknown
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Cassava Fintech is a specialised Pan-African Technology company.

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Positive Earth

Founders	Jo-Anne King, Schalk Kearney
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Web3 Fundraising Platform for Impact Startups

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DafriBank Digital LTD

Founders	Ziggy Xolane Ndhlovu
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Mama Money

Founders	Raphael Grojnowski
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Transaction Capital

Founders	Rob Rossi
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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walletDoc

Founders	Dan Wagner, Leonard Shenker
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Netcash

Founders	Unknown
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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truID

Founders	Christian Schuit, Dmitry Drabkin, Paris Valakelis
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Fundamo (Proprietary)

Founders	Hannes van Rensburg
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Startupbootcamp Cape Town

Founders	Zachariah George
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Maxicash

Founders	Tania Engau Mukwamu
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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ooba

Founders	Saul Geffen
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Fincheck

Founders	Christopher Ball, Michael Bowren
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Electrum

Founders	Dave Glass, Dirk Potgieter, Eon Joubert
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Blue Financial Services

Founders	Andy Jacob
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Simply Financial Services

Founders	Anthony Miller, Simon Nicholson
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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BitFund

Founders	Bradley Goldman, Dean Joffe, Jonathon Ferrer, Joshua Miltz
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

BitFund is a Cryptocurrency investment platform.

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Artis Turba

Founders	Nicolaas Oosthuizen, Nigel Peacock
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Intuitive cryptocurrency exchange built for individuals, traders and investors.

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Veneka

Founders	Unknown
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Airvantage

Founders	Mark Collie, Michael Roffey
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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TradeSafe

Founders	Jethro O’Brien
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Octobase

Founders	Cornelius Gouws, Francisco De Carvalho, Hank Coetzee, Schalk Dormehl
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

The mobile banking platform for the decentralized economy

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Rainfin

Founders	Hannes Van Der Merwe, Sean Emery
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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SASA Solutions

Founders	Unknown
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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PayCurve

Founders	Unknown
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

PayCurve is a financial technology platform that provides early access to a portion of earned and unencumbered salaries.

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4 Africa Exchange Proprietary Ltd.

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

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Fedgroup

Founders	Unknown
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Fedgroup is a financial services company investing in smart technology.

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Peniel

Founders	bk ngejane
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Uprise.Africa

Founders	Patrick Schofield, Tabassum Qadir, Vuyisa Qabaka
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

The first Equity Crowdfunding platform in South Africa

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Merchant Capital South Africa

Founders	Daniel Moritz, Dov Girnun
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Real Pay

Founders	Unknown
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Youi

Founders	Unknown
Follow	Website, Crunchbase, 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.

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Slide Financial

Founders	Alon Stern, Irshad Kathrada, Terence Goldberg
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Astute Financial Services

Founders	Unknown
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

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

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Maxxo

Founders	Unknown
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Maxxo is a Croatian cloud-based file sharing, synchronization, and backup tool.

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RiovicPay

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

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Cenfri

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

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Addendum Financial Technologies

Founders	Willem le Roux and Emuel Schoeman
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Addendum Financial Technologies specializes in supply chain finance, working capital, receivables, marketplace, and debt funding solutions.

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wanna loan?

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

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Crowdinvest

Founders	Anton Breytenbach
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Crowdinvest is the first crowd sourced investing platform in South Africa

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OysterPay

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

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BoE Asset Management

Founders	Unknown
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BoE Asset Management

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Connect

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

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Rateweb

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

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Stock Shop

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

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Paytec

Founders	Unknown
Follow	Website, Crunchbase, Twitter, Facebook, Linkedin

Authorised operator of BankTech Platform in Sub-Saharan Africa

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moneysmart

Founders	Tobie van Zyl
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Personal Financial Management Online

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Delter IT

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

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Riskflow

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

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uloans

Founders	Unknown
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uloans is an online financial platform.

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uloans

Founders	Unknown
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uloans is an online financial platform.

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Causal Nexus

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