South African fintech startups to watch in 2025
- South Africa's fintech sector accounts for nearly 40% of Africa's total fintech earnings.
- In 2023, there are over 140 fintech startups operating in South Africa.
- Tata-iMali is developing a low-cost blockchain wallet and point-of-sale system for small merchants.
The rapid growth of fintech startups in South Africa highlights a significant shift towards innovative financial solutions that cater to underserved markets. This trend not only fosters economic growth but also enhances financial inclusion. However, it is crucial for these startups to maintain sustainable practices and ensure that their services are accessible to all demographics.
