About FinTech sector in Ghana
The FinTech sector in Ghana comprises 321 companies, including 58 funded companies having collectively raised $154M in venture capital money and private equity. Out of these, 8 are Series A+ funded.
FinTech sector in Ghana has seen 3 acquisitions and 1 IPO.
This sector includes companies offering tech-enabled financial services and IT infrastructure and software for offering and managing financial services.
FinTech sector is also known as BFSI Tech.
Companies providing tech solutions to provide financial services like lending, banking, fundraising, insurance, etc. Companies offering traditional financial services like Banks, NBFCs, Insurance Carriers, etc.
Top FinTech Companies in Ghana
There are 321 FinTech startups in Ghana which include Oze, Complete Farmer, ZeePay, Jetstream, Bitsika. Out of these, 58 startups are funded, with 8 having secured Series A+ funding.
Over the past 10 years, an average of 23 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Columbia University, Cornell University and Duke University.
Here is the list of top FinTech startups in Ghana
1. Oze
Platform offer small loans and digital payments. It offers a platform for users to rack sales and expenses, send digital receipts and invoices, and remind customers to pay what they owe. It also provides access to a business dashboard to manage their business.
Key facts about Oze
- Founded Year: 2016
- Location: Accra (Ghana)
- Stage: Seed
- Total Funding till date: $3.7M
- Investors: Visa, Speedinvest and 20 Others
- Latest Funding Round: Seed, Feb 20, 2025, $*****
- Tracxn Score: 62/100 What is this?
- Competitors Rank: 1 of 53 Competitors
Crowdfunding platform for agricultural sectors. It enables users to own and manage the farms on their devices. It offers crowd farmers packages and freeholder farmers packages. The crowd farmer package enables the users to farm with other users in a designated area without providing any land or input. The crowd farmers invest for a planting season and earn the return on investment. The company manages the farm operations and the farm progress is updated to the users on their dashboards.
Key facts about Complete Farmer
- Founded Year: 2017
- Location: Accra (Ghana)
- Stage: Seed
- Total Funding till date: $7M
- Investors: Ingressive Capital, Alitheia Capital and 18 Others
- Latest Funding Round: Conventional Debt, Aug 28, 2025, $*****
- Tracxn Score: 55/100 What is this?
- Competitors Rank: 1 of 9 Competitors
3. ZeePay
Mobile wallet and remittance platform. It features tools for mobile payments, domestic money transfer, micro insurance, remittance, and more. It enables users to receive remittances from abroad. It offers bank termination solutions for money transfer operators and consumers to send money directly into bank accounts.
Key facts about ZeePay
- Founded Year: 2014
- Location: Accra (Ghana)
- Stage: Series A
- Total Funding till date: $24.1M
- Investors: Verdant Capital, Investisseurs & Partenaires and 9 Others
- Latest Funding Round: Conventional Debt, May 09, 2025, $*****
- Tracxn Score: 54/100 What is this?
- Competitors Rank: 81 of 2,437 Competitors
4. Jetstream
Provider of technology-enabled logistics and collateral management services for trade. They offer services including stock monitoring, collateral management, deal flow, and underwriting support. The company facilitates visibility, physical possession of goods, inventory monitoring, and control over goods release. It provides real-time stock monitoring and digital tracking reports.
Key facts about Jetstream
- Founded Year: 2018
- Location: Accra (Ghana)
- Stage: Seed
- Total Funding till date: $16M
- Investors: Golden Palm Investments, Breyer Labs and 21 Others
- Latest Funding Round: Conventional Debt, Jan 10, 2023, $*****
- Tracxn Score: 54/100 What is this?
- Competitors Rank: 3 of 20 Competitors
5. Bitsika
Wallet-enabled cross-border remittance solution for consumers. Enables to creation of virtual cards and sending money between countries. Provides money top-ups, payouts, and recharge solutions. Application is made available on Android platform.
Key facts about Bitsika
- Founded Year: 2018
- Location: Accra (Ghana)
- Stage: Seed
- Total Funding till date: $50K
- Investors: Microtraction, Binance Labs and 1 Other
- Latest Funding Round: Seed, Dec 12, 2019, $*****
- Tracxn Score: 47/100 What is this?
- Competitors Rank: 41 of 664 Competitors
Companies founded year-on-year in the FinTech sector in Ghana
52 FinTech startups in Ghana were founded in 2019 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 3 |
2024 | 7 |
2023 | 13 |
2022 | 21 |
2021 | 25 |
2020 | 42 |
2019 | 52 |
2018 | 46 |
2017 | 29 |
Stage-wise distribution of FinTech sector companies in Ghana
Out of the total 321 FinTech companies in Ghana, 58 have secured funding. Among them, 8 have reached Series A or higher, and 4 to Series B or beyond.
Founded - 321
Funded - 58
Series A+ - 8
Series B+ - 4
Series C+ - 4
Company Stage | No. of companies |
|---|---|
Founded | 321 |
Funded | 58 |
Series A+ | 8 |
Series B+ | 4 |
Series C+ | 4 |
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Funding Trends in the FinTech sector in Ghana
Total funding year-on-year in the FinTech sector in Ghana
The FinTech sector in Ghana saw a total funding of more than $120M in the last 10 years. The most amount of funding was in 2022 at more than $46M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $25.5M |
2024 | $3M |
2023 | $25.6M |
2022 | $46M |
2021 | $16.4M |
2020 | $940K |
2019 | $275K |
2018 | $608K |
2017 | - |
Recent Funding Rounds in FinTech in Ghana
In the year 2025, till February 2025, FinTech companies in Ghana have raised equity funding across 1 round.
Here are some recent, important funding rounds in FinTech companies in Ghana:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 2377 | Feb 20, 2025 | ||
Seed | 7497 | Nov 07, 2024 | ||
Seed | 1394 | Apr 10, 2024 | ||
Series A | 2623 | Mar 29, 2024 | ||
Series A | 7405 | Oct 30, 2023 |
Top Investors in FinTech in Ghana
British International Investment is the top investor in FinTech companies in Ghana based on number of companies invested.
Here are some top investors in FinTech companies in Ghana:
Investor | Location | Top Portfolio Companies |
|---|---|---|
London (United Kingdom) | - | |
Accra (Ghana) | ||
Cologne (Germany) | ||
Accra (Ghana) | ||
Accra (Ghana) | - |
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M&A activity in FinTech sector in Ghana
In the year 2018, till December 2018, 1 acquisition happened in FinTech sector in Ghana. Last year, in 2017, a total of 1 acquisition happened in FinTech sector in Ghana.
Here are some recent, important acquisitions in FinTech sector in Ghana:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Dec 13, 2018 | ||
Business Acquisition | Jan 16, 2017 | ||
Business Acquisition | Oct 14, 2013 |
Acquisition trends in FinTech sector in Ghana
Here are the acquisition trends in FinTech sector in Ghana:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | - |
2023 | - |
2022 | - |
2021 | - |
2020 | - |
2019 | - |
2018 | 1 |
2017 | 1 |
Colleges which produce the most FinTech companies in Ghana
Companies founded by alumni from top colleges in the FinTech in Ghana
Most number of FinTech startups in Ghana have been founded by alumni from Columbia University, Cornell University and Duke University.
College | No. of companies |
|---|---|
Columbia University | 1 |
Cornell University | 1 |
Duke University | 1 |
Harvard Business School | 1 |
Harvard University | 1 |
Imperial College London | 1 |
Massachusetts Institute of Technology | 1 |
Stanford University | 1 |
University of California (Berkeley) | 1 |
University of Cambridge | 1 |
Top News in FinTech in Ghana
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Blu Penguin, Network International Partner to boost Mobile Money payments across AfricaBusiness and Financial Times•Jul 21, 2025•Network International, The Blu Penguin
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Tagit partners Clydestone, unveils omnichannel solutions to enhance customer experienceBusiness and Financial Times•Dec 09, 2024•Tagit, Clydestone
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Zeepay to conduct outbound money transfers after approval from the Bank of GhanaTechpoint.Africa•May 17, 2024•ZeePay
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Injaro Ghana Venture Capital Fund achieves its US$17m final closeAfrica CEO Voices•Feb 12, 2024•Injaro Investments, Sims, , Databank Financial Services and 1 other
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Brolly Partners with Bolt to Offer Driver-Friendly Auto Insurance CoverageTech Labari•Nov 20, 2023•Brolly, Bolt
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EziPay Partners With MFS Africa to Enable Remittances Across AfricaFintech Finance•Feb 14, 2023•EziPay, MFS Africa, EziPay, EziPay
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Zeepay Ghana Limited wins Best company at the Ghana Club 100 award.Africa Business Communities•Jan 19, 2023•ZeePay
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Ghana: fintech Fido raises $30 million to strengthen its micro-credit activity and set up in UgandaEcofin Agency•Jun 21, 2022•Fido Solutions, Fortissimo Capital, Alumni Ventures, Fido and 5 others
