Number of Scaleups in Africa vs Number of Fintech Scaleups
30 May 2023•
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There are thousands of startups across the African continent, with over 800 scale-ups. Scaleups are startups that have successfully raised over US $1 Million in funding and publicly disclosed these figures. >34%, or over 270 of those 800+ scaleups are Fintech players. Nigeria, South Africa and Egypt are collectively home to 60% of all scaleups across the African continent, and 62% of all the fintechs in Africa.
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