Top 50 Decentralized Finance in Africa

The startup has developed a blockchain platform that provides liquidity for all crypto assets through secure and transparent digital trading. This platform enables users to efficiently buy, sell, store, transfer, and earn interest on their cryptocurrency investments, addressing the lack of liquidity in the crypto market.

DigiMaaya is a regulated digital assets exchange and bank that offers manual and automated trading, fiat integration, and staking services, enabling users to earn, store, and trade digital assets globally. The platform addresses the need for secure and accessible financial services by providing a comprehensive suite of banking products and tools, including a financial health card and tax calculator, all supported by top security features.

Deribit is a crypto futures and options trading platform that enables users to execute high-frequency trades with advanced order types and leverage. It provides a secure environment for traders to manage risk and capitalize on market volatility in the cryptocurrency space.

Marhaba Defi is a decentralized finance platform that offers interest-free financial solutions and halal crypto asset opportunities, specifically designed to cater to faith-based and unbanked communities. By utilizing blockchain technology, it provides a secure ecosystem for ethical financial transactions, addressing the lack of accessible and compliant financial services in traditional banking systems.

NFTfi is a decentralized marketplace that allows NFT holders to use their digital assets as collateral to secure cryptocurrency loans through smart contracts. This platform addresses the liquidity challenge faced by NFT owners by enabling them to access funds without selling their valuable assets.

Deposits is a cloud-based fintech platform that provides banks and brands with modular solutions for launching secure banking, payment, and lending systems without requiring programming skills. The platform addresses the need for rapid deployment of compliant financial services, enabling users to enhance customer engagement and streamline operations.

The startup offers a digital financial service platform that enables unbanked communities to access essential financial transactions such as remittances, bill payments, and merchant payments through a mobile app. By connecting users with banks, microfinance institutions, and mobile wallet services, the platform addresses the lack of accessible financial services in underserved markets.

The startup offers a financial platform that enables secure digital wallet management and facilitates digital payments across handheld devices. Users can access crypto loans, pay utilities, invest in digital currencies, and utilize decentralized finance features through a pre-installed digital wallet and debit card, allowing for seamless transactions with global merchants.

The startup offers a mobile-based microfinance platform that streamlines lending operations, underwriting, and loan servicing for businesses. By providing access to digital finance tools, it enables clients to efficiently manage their financial services and expand their customer reach.

This startup provides digital financial services tailored for micro, small, and medium-sized enterprises (MSMEs) in Africa, offering products such as loans, payments, and asset management. By facilitating access to credit financing and investment options, the company enables these businesses to achieve financial independence and growth.

Dayra provides a B2B lending platform that enables businesses to offer financial services directly to their unbanked gig workers and customers through customizable APIs and dashboards. This solution addresses the lack of access to capital for underbanked individuals, allowing for instant financing and seamless payment transfers.

MoneyFellows is a digitized platform for rotating savings and credit associations (ROSCAs), enabling users to access flexible personal financing solutions with guaranteed payouts monitored by the Central Bank of Egypt. The platform addresses the need for secure and efficient cash management by offering competitive cashback incentives and a variety of payment options for seamless transactions.

Momint provides a blockchain-based platform for fractional investment in solar assets, utilizing proof-of-stake technology to ensure eco-friendly transactions. The platform simplifies access to real-world investments while offering built-in security and transparency through embedded legal contracts and comprehensive audits.

Fingo is a fintech platform that offers digital banking services tailored for youth, enabling users to open accounts in under four minutes and manage their finances through features like budgeting tools, interest-earning savings, and seamless money transfers. The platform addresses the need for accessible banking solutions that promote financial literacy and facilitate cost-free transactions among users.

Stables is a stablecoin wallet that enables users to buy, spend, and send cryptocurrencies seamlessly, functioning as a digital alternative to traditional banking. By integrating with Mastercard, it allows for everyday transactions and global money transfers in over 30 currencies without hidden fees.

The startup develops a financial application that provides users with access to credit products, discounts, and cashback rewards from partnered brands. This platform enables customers to easily obtain credit and reduce their purchase costs, addressing the need for accessible financial services and savings in everyday transactions.

Djamo is a digital financial application that provides users in West Africa with a secure platform to manage their finances, including automated savings, expense tracking, and free money transfers. By eliminating high fees and complex processes associated with traditional banking, Djamo empowers users to take control of their financial lives through a simple mobile interface.

VALR is a cryptocurrency exchange that facilitates the trading of over 75 digital assets through spot, margin, and futures markets, providing users with efficient price execution and flexible yield products. The platform addresses the need for a secure and user-friendly environment for both novice and professional traders to manage their crypto investments and generate returns.

Affinity offers a digital banking platform providing fee-free personal accounts for transactions, savings, and borrowing. Users can access instant loans and earn competitive interest on savings, all managed through a mobile app or USSD.

Bokra is a platform designed to simplify investment and savings, offering tools and resources to help users manage their finances. The platform aims to make investing more accessible and efficient for individuals.

Payd is a neobank platform that enables freelancers, creatives, and entrepreneurs to receive global payments in stablecoins while facilitating local spending through currency swaps. The service streamlines payment processing, invoice management, and financial tracking, addressing the challenges of managing income and expenses in a decentralized work environment.

Gamic is a decentralized messaging platform that integrates crypto wallet functionality with community management tools, enabling users to engage with Web3 products and services. It addresses the need for secure, organized communication and data ownership in community interactions, allowing seamless transactions and interactions without compromising user privacy.

The startup operates a full-stack lending application that provides small and medium enterprises with access to business, personal, and agricultural loans through a streamlined digital platform. This solution addresses the challenge of securing timely and affordable funding, enabling businesses to grow with flexible financing options tailored to their needs.

Noqood Holding develops fintech solutions for the financial services industry. They likely offer technology-driven products or services that aim to improve or automate financial processes.

Sans Mercantile offers an AI-native financial infrastructure for underbanked and high-growth markets. The platform provides predictive CFD trading intelligence and real-time governance modules, enabling inclusive access to institutional-grade financial tools through tokenized, mobile-first infrastructure.

Furex is a peer-to-peer cryptocurrency exchange that enables users to buy, sell, and trade digital assets securely and easily, regardless of their financial background. By utilizing blockchain technology, Furex enhances financial inclusion and provides a transparent platform for global transactions, addressing the barriers to accessing traditional financial services.

TELA is a business intelligence platform that utilizes real-time data analytics and secure blockchain technology to facilitate financial management and cross-border payments for small and medium-sized enterprises and freelancers. By providing a centralized dashboard for invoicing and cash flow control, TELA addresses the challenges of managing finances and conducting international transactions efficiently.

Stackivy offers a financial platform providing personal finance management tools and tailored financial advice for individuals. Additionally, it enables businesses to build secure, custom financial applications to streamline operations and enhance decision-making.

Fuspay provides blockchain-based payment infrastructure that enables wallet interoperability and enhances financial inclusion across diverse global markets. By facilitating seamless transactions among various financial players, Fuspay empowers new entrants to offer essential financial services within their communities.

ElGameya is a mobile application that digitizes the traditional ROSCA (Rotating Savings and Credit Association) model, allowing users to select customizable saving cycles with amounts up to 100,000 EGP and durations of 3, 6, or 10 months. The platform addresses the need for flexible and secure savings solutions, enabling users to achieve their financial goals while ensuring compliance with Sharia principles and providing robust data protection.

Beepo is a decentralized social neobank that combines a non-custodial Multiparty Computation wallet with secure messaging and in-chat transactions, enabling users to manage digital assets and communicate privately. The platform simplifies Web3 access for businesses and creators, facilitating direct token-based purchases and enhancing customer engagement through a user-friendly interface.

Roscas is a micro pensions and micro insurance platform that utilizes a multichannel approach, including WhatsApp and mobile apps, to facilitate group savings and financial literacy in emerging markets. The platform addresses the lack of accessible financial solutions for communities, enabling over 130,000 members to enhance their financial resilience and well-being.

Ajira Pay Finance is a decentralized Web3 protocol that facilitates secure cryptocurrency payments across multiple blockchains. The platform aims to provide seamless crypto transactions for various use cases within the Web3 ecosystem.

The startup operates a lending platform that digitizes loan sourcing through bank statement analysis and automated due diligence, enabling lenders to assess creditworthiness based on consolidated business data. This technology accelerates lending decisions by providing a streamlined process that reduces the time and effort required for traditional credit evaluations.

The startup offers a mobile financial platform that provides digital payment services, enabling users to manage their finances with quick settlements and minimal downtime. This platform addresses the need for efficient and affordable financial services, enhancing accessibility for individuals and businesses alike.

The startup is a credit-led digital bank that provides accessible financial technology products and digital banking services tailored for consumers in developing economies across Africa and the Middle East. By offering transparent installment payment options, it enables users to meet their financial needs in regions with limited access to traditional banking services.

Pesabits is a lending platform that allows users in Africa to secure loans in local currency by using their cryptocurrency assets as collateral. This service addresses the lack of access to credit for crypto holders, providing a quick loan process with a 1% weekly interest rate and no penalties for early repayment.

The startup offers a fintech platform that facilitates digital lending and payment solutions for vehicle owners and transport companies. By enabling access to essential traffic services, maintenance, and insurance through manageable weekly payments, the platform enhances financial stability and expense management in the transportation sector.

Giza utilizes zero-knowledge cryptography to enable on-chain model inferencing, enhancing the functionality of smart contracts. This technology allows for more complex and secure interactions in decentralized applications, addressing the limitations of traditional smart contract design.

This fintech company offers a mobile app providing digital financing and payment solutions. The platform aims to streamline financial transactions and provide accessible financial services through mobile technology.

Credify is a fintech startup that utilizes blockchain technology to provide secure and transparent identity verification for financial transactions. This approach addresses the issue of fraud and identity theft, enabling businesses to confidently authenticate users while reducing operational risks.

The startup offers a payments and digital marketplace platform that enables users to list products and conduct transactions through an integrated financial wallet. This platform facilitates the buying, selling, and renting of various products, addressing the need for a streamlined and secure transaction process in online marketplaces.

This startup develops a financial technology platform that utilizes digital and mobile technology to provide low-income individuals and businesses with access to affordable credit and essential financial services. By addressing the lack of gainful employment and trade opportunities, the platform enables users to improve their economic conditions and access vital resources.

This startup operates a digital investment marketplace tailored for the African market, utilizing blockchain technology to facilitate secure and transparent transactions. It addresses the lack of accessible investment opportunities for individuals and small businesses, enabling them to connect with a diverse range of investment options and financial resources.

The startup offers a bank-like money management platform that enables users to manage expenses and invest in cryptocurrencies such as Bitcoin and Ether through a secure wallet system. This platform provides individuals with the tools to track spending and make informed investment decisions in a volatile market.

The startup has developed a decentralized platform for cross-metaverse asset interoperability, enabling users to seamlessly transfer and trade in-game assets across different gaming environments. By supporting multiple currencies and crypto wallets, the platform simplifies the buying and selling of exclusive gaming assets, enhancing user experience and asset liquidity.

NGENI LABS offers blockchain and Web3 development services, helping businesses integrate decentralized technologies into their operations. They provide solutions for building and deploying blockchain applications, smart contracts, and other Web3 infrastructure.

Xend Finance operates a decentralized finance platform that offers up to 15% annual percentage yield on cryptocurrency deposits, enabling users to hedge against inflation and earn high returns. The platform also facilitates the legal tokenization of various assets, allowing individuals and institutions to access and invest in both tangible and intangible assets globally.

Wayamoney is a digital banking platform that offers secure payment processing and real-time money transfer solutions using advanced encryption technologies. The platform addresses the need for efficient and reliable financial transactions in a rapidly digitizing economy, enabling users to manage their finances with ease.

The startup operates a financial technology platform that provides a credit reference bureau, collecting and validating credit data on individuals and businesses to create detailed credit profiles. This enables credit providers to access accurate credit reports and scores, facilitating informed lending decisions and promoting financial inclusion in underserved communities.