How many total FinTech companies are there in Johannesburg?

As of August 2026, Johannesburg has 271 active FinTech companies.

How many FinTech companies in Johannesburg are funded?

As of August 2026, 75 companies have received funding in this sector.

What is the total funding raised by FinTech companies in Johannesburg?

FinTech companies in Johannesburg have collectively raised $874M in funding till date.

Who are the top investors in FinTech companies in Johannesburg?

The top investors in FinTech companies in Johannesburg by number of investments are Plug and Play Tech Center and Prosus.

Which is the highest funded FinTech company in Johannesburg?

As of August 2026, Tyme has raised $508M in funding, highest among the funded FinTech companies in Johannesburg.

How many exits have occurred in FinTech companies in Johannesburg?

FinTech sector in Johannesburg has seen 15 acquisitions and 5 IPOs.

How many FinTech unicorns are there in Johannesburg?

Johannesburg has produced one unicorn in the FinTech sector till date.

List of 370 FinTech Startups in Johannesburg, South Africa & Market Trends (Aug 2026)

The FinTech sector in Johannesburg, South Africa comprises 370 companies, including 75 funded companies having collectively raised $874M in venture capital money and private equity. Out of these, 30 are Series A+ funded, and 1 has achieved unicorn status.

FinTech sector in Johannesburg, South Africa has seen 15 acquisitions and 5 IPOs. This represents almost 5.4% of all such companies - which is higher than the 4.5% exit rate of tech companies in general.

This sector includes companies providing 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 are included in this sector. Companies offering traditional financial services like Banks, NBFCs, Insurance Carriers, etc are excluded.

Key Metrics

Total Companies

370

Top Companies

VALR, TymeBank & more

Total Funding

$874M

Funded Companies

Series A+ Companies

Series C+ Companies

Unicorns Created

IPOs

Acquisitions

Also known as

BFSI Tech

View complete details of this sector

There are 370 FinTech startups in Johannesburg, South Africa which include VALR, TymeBank, Naked, Ozow, EasyEquities. Out of these, 75 startups are funded, with 30 having secured Series A+ funding, and 1 achieving unicorn status.

2026 has seen the creation of 3 FinTech startups in Johannesburg, South Africa. Over the past 10 years, an average of 16 new companies have been launched annually. Notably, several of these startups have been founded by alumni of University of California (Berkeley), Harvard Business School and Massachusetts Institute of Technology.

1. VALR

App-based platform for cryptocurrency trading. It uses AI and machine learning technology to validate the identity of the trader. It allows users to securely buy, store and sell cryptocurrencies.

Key facts about VALR

Founded Year: 2018
Location: Johannesburg (South Africa)
Stage: Series B
Total Funding till date: $55M
Investors: Pantera Capital, 4Di Capital and 13 Others
Latest Funding Round: Series B, Mar 01, 2022, $*****
Tracxn Score: 72/100 What is this?
Competitors Rank: 14 of 5,101 Competitors

2. TymeBank

Provider of the digital bank for individuals. It provides users with a platform where users can open an account online and get a debit card linked to the account. Users earn reward points on making payments via cards. It offers a savings tool GoalSave, that enables users to set up various savings goals.

Key facts about TymeBank

Founded Year: 2012
Location: Johannesburg (South Africa)
Stage: Acquired
Total Funding till date: $13.3M
Investors: Ethos Private Equity, Apis Partners and 5 Others
Latest Funding Round: Series A, 2021, $*****
Tracxn Score: 70/100 What is this?
Competitors Rank: 40 of 2,482 Competitors

View full list of companies in this sector

3. Naked

AI-driven app that provides usage-based car insurance. It offers a chatbot for usage-based quotes and prices. It also offers roadside assistance services, claims approval, and more. Its app is available for iOS and Android platforms.

Key facts about Naked

Founded Year: 2016
Location: Johannesburg (South Africa)
Stage: Series B
Total Funding till date: $69.8M
Investors: Hollard, Yellowwood and 6 Others
Latest Funding Round: Series B, Jan 21, 2025, $*****
Tracxn Score: 66/100 What is this?
Competitors Rank: 1 of 17 Competitors

4. Ozow

Provider of payment solutions, including pay by bank and crypto payments. The business facilitates payments, refunds, and payouts for businesses. It offers various payment options, including card payments, one-blink payments, and voucher redemption. The business also provides integrations and plugins for businesses.

Key facts about Ozow

Founded Year: 2005
Location: Johannesburg (South Africa)
Stage: Series B
Total Funding till date: $51.7M
Investors: Tencent, Kalon Venture Partners and 2 Others
Latest Funding Round: Series B, Nov 17, 2021, $*****
Tracxn Score: 57/100 What is this?
Competitors Rank: 14 of 131 Competitors

5. EasyEquities

EasyEquities is an entry-level investment platform in The Purple Group, that provides access to equities and ETFs listed on the JSE. It allows fractional ownership of shares down to 1/1000th of a share. There is no minimum required investment, no monthly fees and trading cost of 64C per R100 invested.

Key facts about EasyEquities

Founded Year: 2014
Location: Johannesburg (South Africa)
Stage: Funding Raised
Investors: Base Capital
Tracxn Score: 57/100 What is this?
Competitors Rank: 55 of 1,434 Competitors

Access the full list of 370 FinTech Startups in Johannesburg, South Africa

Companies founded year-on-year in the FinTech sector in Johannesburg

3 new startups have been founded so far in 2026 in the FinTech sector in Johannesburg. 34 FinTech startups in Johannesburg were founded in 2018 - 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	3
2025	1
2024	2
2023	9
2022	11
2021	27
2020	29
2019	29
2018	34
2017	19

Stage-wise distribution of FinTech sector companies in Johannesburg

Out of the total 370 FinTech companies in Johannesburg, 75 have secured funding. Among them, 30 have reached Series A or higher, and 26 to Series B or beyond.

Founded - 370

Funded - 75

Series A+ - 30

Series B+ - 26

Series C+ - 22

Company Stage	No. of companies
Founded	370
Funded	75
Series A+	30
Series B+	26
Series C+	22

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Total funding year-on-year in the FinTech sector in Johannesburg

The FinTech sector in Johannesburg saw a total funding of more than $767M in the last 10 years. The most amount of funding was in 2024 at more than $250M. There has been a total funding of $31.9M in 2026 till date.

Total Funding

Year	Total Funding
2026	$31.9M
2025	$39M
2024	$250M
2023	$117M
2022	$52.4M
2021	$249M
2020	$4.65M
2019	$19.2M
2018	$2.28M
2017	$1.86M

Recent Funding Rounds in FinTech in Johannesburg

In the year 2026, till March 2026, FinTech companies in Johannesburg have raised $11.6M in equity funding across 2 rounds. In the same period last year (i.e. till March 2025), FinTech companies in Johannesburg had raised $39M across 3 rounds. So, 2026 has seen a 70.26% drop in funding in FinTech companies in Johannesburg as compared to 2025.

Here are some recent, important funding rounds in FinTech companies in Johannesburg:

Company	Round Raised	Amount Raised	Funding Date	Investors
NjiaPay	Seed	5130	Mar 09, 2026	Newion
LittleFish	Series A	3503	Jan 23, 2026	Partech Partners and 3 more
Neutrinos	Seed	5950	2025	InsurTech NY
NjiaPay	Seed	4930	Mar 25, 2025	Renew Capital
NjiaPay	Seed	8995	Jan 28, 2025	HAVAIC

See a more detailed list of funding rounds

Plug and Play Tech Center is the top investor in FinTech companies in Johannesburg based on number of companies invested.

Here are some top investors in FinTech companies in Johannesburg:

Investor	Location	Top Portfolio Companies
Plug and Play Tech Center	Sunnyvale (United States)	-
Prosus	Amsterdam (Netherlands)	-
FMO	The Hague (Netherlands)	-
The Carlyle Group	Washington, DC (United States)	-
LeapFrog Investments	Johannesburg (South Africa)	-

See a more detailed list of investors

In the year 2026, till May 2026, 1 acquisition happened in FinTech sector in Johannesburg. Last year, in 2025, a total of 3 acquisitions happened in FinTech sector in Johannesburg.

Here are some recent, important acquisitions in FinTech sector in Johannesburg:

Company	Acquisition Type	Acquisition Date	Acquirers
Mobilemart	Business Acquisition	May 07, 2026	Lesaka
Walletdoc	Business Acquisition	Dec 08, 2025	Capitec Bank
Bank Zero	Business Acquisition	Jun 26, 2025	Lesaka
Pilot POS Software	Business Acquisition	Feb 03, 2025	Paycorp Holdings
PaySpace	Business Acquisition	Mar 05, 2024	Deel

See a more detailed list of acquisitions

Acquisition trends in FinTech sector in Johannesburg

Here are the acquisition trends in FinTech sector in Johannesburg:

Total Number of Acquisitions

Year	No. of companies
2026	1
2025	3
2024	1
2023	1
2022	-
2021	-
2020	-
2019	1
2018	1
2017	1

Companies founded by alumni from top colleges in the FinTech in Johannesburg

Most number of FinTech startups in Johannesburg have been founded by alumni from University of California (Berkeley), Harvard Business School and Massachusetts Institute of Technology.

College	No. of companies
University of California (Berkeley)	2
Harvard Business School	1
Massachusetts Institute of Technology	1

Total funding in FinTech companies founded by alumni from top colleges in Johannesburg

In the last 10 years, University of California (Berkeley) graduates' FinTech companies in Johannesburg have raised the most funding among top colleges. Massachusetts Institute of Technology alumni are second.