Top startups in Benin
There are 351 startups in Benin which include Pebcobethesda, MyFeda, Legibenin, FedaPay, Aibot. Out of these, 56 startups are funded, with 1 having secured Series A+ funding. Banks ($242M) and Telecom Operators ($7.1M) are the top-funded sectors in Benin, with over 26 companies, including Orabank and Isocel Officiel. In the last five years, 12 companies raised over $7.36M in funding across 14 rounds.
Here is the list of top startups in Benin
Platform offering banking solutions. It is a platform that provides services, including a savings account, a fixed-term savings account, a digital community tontine, and various types of credit, including small individual loans, purchase order financing, and warrantage loans for farmers. It also provides access to a partner merchant network where users can get discounts on goods and services in sectors like food, education, and healthcare.
Key facts about Pebcobethesda
- Location: Cotonou (Benin)
- Stage: Funding Raised
- Investors: International Fund for Agricultural Development
- Latest Funding Round: Conventional Debt, Apr 23, 2025, $*****
- Tracxn Score: 38/100 What is this?
- Competitors Rank: 1 of 1 Competitors
2. MyFeda
Key facts about MyFeda
- Founded Year: 2022
- Location: Cotonou (Benin)
- Stage: Unfunded
- Tracxn Score: 38/100 What is this?
- Competitors Rank: 100 of 1,002 Competitors
3. Legibenin
Key facts about Legibenin
- Founded Year: 2014
- Location: Cotonou (Benin)
- Stage: Unfunded
- Tracxn Score: 35/100 What is this?
- Competitors Rank: 26 of 315 Competitors
4. FedaPay
Payment processing solution for businesses. It allows businesses to pay and receive customers' payments through mobile money, credit cards, and bank accounts. Businesses can create a transaction account in order to create payment links to accept online payments from customers. It also allows organizations to collect donations via mobile money and credit cards.
Key facts about FedaPay
- Founded Year: 2018
- Location: Cotonou (Benin)
- Stage: Funding Raised
- Investors: Inclusive Fintech 50 and EtriLabs
- Tracxn Score: 31/100 What is this?
- Competitors Rank: 15 of 27 Competitors
5. Aibot
Key facts about Aibot
- Founded Year: 2022
- Location: Benin
- Stage: Unfunded
- Tracxn Score: 31/100 What is this?
- Competitors Rank: 148 of 1,420 Competitors
