Africa’s fintech industry has shown remarkable resilience in the first half of 2025, attracting significant investor interest despite tighter global funding conditions. From mobile money leaders to API-driven payment innovators, startups across the continent secured major funding to expand operations, diversify product offerings, and advance financial inclusion.
According to reports, 80 fintech startups raised over $661 million between January and June 2025, with the top 10 fundraisers alone accounting for more than $470 million—up from $431 million in the same period of 2024. West Africa led regional inflows with $298.5 million, driven by Senegal’s record $137 million debt deal and Nigeria’s $112 million, more than doubling its H1 2024 tally. North Africa followed with $230.8 million, buoyed by Egypt’s $223 million. Southern Africa, represented solely by South Africa, secured $98.8 million, while East Africa brought in $23.8 million, led by Kenya’s $23.3 million.
The sustained inflows are expected to accelerate financial inclusion, strengthen digital payment ecosystems, and position African fintechs for deeper market penetration. West Africa’s strong showing signals growing investor confidence in emerging hubs like Senegal, while Egypt and Nigeria remain pivotal growth anchors.
