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Uncovered: Ventureburn lists South Africa’s fintech ecosystem [update]

Financial technology, or Fintech as the buzzword goes, is a hot topic in the international startup industry. Companies launching in this space are usually looking to disrupt banking institutions, the way money is handled, or empowering those without access to cashless payment systems.

In SA, these startups cover a broad range of industries, from Blockchain to Lending, and even Remittance. It’s an industry that has gained phenomenal traction with the likes of PayFast, FinCheck, and BitX making waves in SA.

Ventureburn has created an infographic on all of the companies that we know about and categorised (in a broad sense). Of course, startups start up or close down, which means we may have even missed a few. Let us know and we’ll add them into the next revision. You can email info@memeburn.com.

Click on the image below to see a larger version.


Feature image: Alper Çuğun via Flickr.

Update: we have added in more companies and moved a few things around

  • Mark Edmayr

    Thanks for this; awesome to see.
    But you need to update the infographic: include Sheperd

    • Paywithshepherd

      Thanks for your comment Mark! We couldn’t agree more with your comment, Shepherd fulfils a vital need in the South African classifieds payments space.

  • Thulani Majestix Mavimbela

    I used to love ExpenZA so much, I wish they could resurrect, they started this FinTech scene in South Africa “I Think”

  • Peter Ogle

    Thanks for this. great summary of fintech in SA. A notable exception is Lulalend

    • Hi @peter_ogle:disqus. You’re quite right (not sure how I missed them). They’ll be in the revised piece.

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