This article showcases our top picks for the best South Africa based Payment & Fintech companies. These startups and companies are taking a variety of approaches to innovating the Payment & Fintech industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovation
- Innovative ideas
- Innovative route to market
- Innovative product
- Growth
- Exceptional growth
- Exceptional growth strategy
- Management
- Societal impact
Top South Africa Payment & Fintech Startups
Data sourced from Crunchbase and SemRush.
Yoco
Crunchbase Website Twitter Facebook Linkedin
Yoco is a point-of-sale payments provider for small businesses in Africa.
MFS Africa
Crunchbase Website Twitter Facebook Linkedin
Simple and relevant mobile financial services. Africa’s largest mobile money aggregator.
TymeBank
Crunchbase Website Twitter Facebook Linkedin
TymeBank is a South African fully black-owned and controlled investment company.
PayGate
Crunchbase Website Twitter Facebook Linkedin
PayGate offers leading payment services to enterprise companies worldwide.
Ozow formerly known as i-Pay
Crunchbase Website Twitter Facebook Linkedin
I-Pay is an instant EFT payment service in South Africa that allows your customer to make secure online payments directly into your bank.
Adumo
Crunchbase Website Twitter Facebook Linkedin
Adumo is a privately held independent payment service provider.
Nomanini
Crunchbase Website Twitter Facebook Linkedin
Fintech SaaS platform to deliver digital financial services to the informal retail trade.
Payment24
Crunchbase Website Twitter Facebook Linkedin
Payment24 is an International Fuel Payment Solutions Provider based in Cape Town and Berlin
Peach Payments
Crunchbase Website Twitter Facebook Linkedin
Peach Payments provides payment solutions to online and mobile businesses.
SnapScan
Crunchbase Website Twitter Facebook Linkedin
SnapScan is a free and fast way to pay using your phone.
iKhokha
Crunchbase Website Twitter Facebook Linkedin
iKhokha makes it easier for South African businesses to accept credit card payments. With iKhokha, the device is yours, not the banks.
Payflex
Crunchbase Website Twitter Facebook Linkedin
Payflex is an online payment product that enables shoppers to shop now and pay in 4 equal installments.
Payfast
Crunchbase Website Twitter Facebook Linkedin
PayFast is a payments processing service for South Africans & South African websites. It integrates into 80+ different ecommerce platforms.
Tapsnapp
Crunchbase Website Twitter Facebook Linkedin
Tapsnapp is an on-demand payments platform designed to help photographers manage clients and get paid online.
Paycorp Holdings
Crunchbase Website Twitter Facebook Linkedin
Paycorp Holdings is a leading provider of payment solutions in developing economies.
Altech NuPay
Crunchbase Website Twitter Facebook Linkedin
Altech NuPay is a transaction service provider that specialises in payment and collection solutions.
Electrum
Crunchbase Website Twitter Facebook Linkedin
Electrum builds software that represents the next generation of payments technology.
Payments Association of South Africa
Crunchbase Website Twitter Facebook Linkedin
PASA is the payment system management body recognised by the South African Reserve Bank (SARB).
Ecentric
Crunchbase Website Twitter Facebook Linkedin
Ecentric is a payment switching and retail value added services provider.
FomoTravel
Crunchbase Website Twitter Facebook Linkedin
FomoTravel is a unique social savings platform that allows keen travellers to pay for future travel experiences.
walletDoc
Crunchbase Website Twitter Facebook Linkedin
walletdoc is the smart, secure & free way to pay bills – with no admin.
Uprise.Africa
Crunchbase Website Twitter Facebook Linkedin
The first Equity Crowdfunding platform in South Africa
Netcash
Crunchbase Website Twitter Facebook Linkedin
Netcash specialises in providing secure, online transaction processing services for SMEs in South Africa.
PayCode Inc
Crunchbase Website Twitter Facebook Linkedin
Patented card-linked offer platform bringing SKU based deals to consumers and real time cash off. Changing the way people save!
PayJustNow
Crunchbase Website Twitter Facebook Linkedin
PayJustNow offers a risk-free payment option to pay the amount in 3 installments with zero interest to online shopping.
Wallettec (Pty) Ltd
Crunchbase Website Twitter Facebook Linkedin
Wallettec is a SaaS platform that enables retailers to accept any type of mobile transaction or currency type at their Point of Sale.
Virtual Card Services (VCS)
Crunchbase Website Twitter Facebook Linkedin
VCS is a player in the online payment market enabling the companies to accept payments effectively, securely and in real-time.
Karri
Crunchbase Website Twitter Facebook Linkedin
Karri system allows parents to easily pay for their child’s events and other expenses using mobile application.
MyGate
Crunchbase Website Twitter Facebook Linkedin
MyGate is a financial services and payment solutions company that provides platforms for switch financial transactions.
SiD Secure EFT
Crunchbase Website Twitter Facebook Linkedin
SiD Secure EFT is an innovative online payment solution which facilitates real-time EFT payments to a merchant’s bank account.
Slide Financial
Crunchbase Website Twitter Facebook Linkedin
Slide Financial offers customizable mobile payment solutions for platforms and marketplaces.
BankservAfrica
Crunchbase Website Twitter Facebook Linkedin
BankservAfrica is an automated clearing house that builds and operates an interbank payment infrastructure & business enhancement.
Dashpay
Crunchbase Website Twitter Facebook Linkedin
Dashpay offers excellent service and great card acquiring rates for SME’s.
Xago Technologies
Crunchbase Website Twitter Facebook Linkedin
Xago Technologies provides secure, traceable and effective financial solutions.
LayUp Technologies
Crunchbase Website Twitter Facebook Linkedin
LayUp Technologies is a payment solution company.
BoxCommerce
Crunchbase Website Twitter Facebook Linkedin
BoxCommerce is a platform for small and medium-sized businesses to create eCommerce websites.
Stanchion
Crunchbase Website Twitter Facebook Linkedin
Stanchion provides payments security, consulting, payment management support and systems integration solutions for banks and credit unions.
Vizibiliti Insight Africa
Crunchbase Website Twitter Facebook Linkedin
Vizibiliti Insight Africa is a Fintech business specialising in alternative credit scoring.
Innervation
Crunchbase Website Twitter Facebook Linkedin
Innervation is a payment and value added services business that offers payment services to retail and broader financial service sectors.
Bitsure
Crunchbase Website Twitter Facebook Linkedin
Bitsure is an interoperable payment platform that enables retailers to accept new and innovative payment methods in-store.
Crossgate
Crunchbase Website Twitter Facebook Linkedin
Crossgate is a payment card manufacturers, mobile payment experts, processors and other technology providers that enable commerce.
Wax’d
Crunchbase Website Twitter Facebook Linkedin
Wax’d is an EFT aggregator that processes mobile & online EFT transactions at a low cost.
Emerge Mobile
Crunchbase Website Twitter Facebook Linkedin
Emerge Mobile is a services and technology provider that serves SME’s through mobile innovation.
African Resonance
Crunchbase Website Twitter Facebook Linkedin
African Resonance is a market leader in South Africa’s national payment system through its privately owned terminal network Resonet.
Inter Africa
Crunchbase Website Twitter Facebook Linkedin
Inter Africa is a company that deals with currency exchange services, Prepaid Travel Cards,forex,passport and other such services.
Connectnet Broadband Wireless (Pty) Limited
Crunchbase Website Twitter Facebook Linkedin
Connectnet specialises in providing payment communications services (specifically point-of-sale / credit card transactions).
Imafin
Crunchbase Website Twitter Facebook Linkedin
Imafin is a specialist payment and commercial credit firm driven by innovation on traditional payments models.
Three Peaks Payment House
Crunchbase Website Twitter Facebook Linkedin
Offering debit order payment systems to small to mid-sized companies.
Rand Trust Financiers
Crunchbase Website Twitter Facebook Linkedin
Invoice discounting is a fast, effective and affordable way to increase your cash flow.
Kazang
Crunchbase Website Twitter Facebook Linkedin
Kazang provides value-added transaction services with DSTV subscription payments and RICA registration.
Noble Brothers Consult
Crunchbase Website Twitter Facebook Linkedin
Noble Brothers Consult is a provider of financial software design and project management.
Jalia Technologies
Crunchbase Website Twitter Facebook Linkedin
Developer of Enterprise Cloud Solutions
i-Pay
Crunchbase Website Twitter Facebook Linkedin
i-Pay focuses on secure payment processing services.
Celbux
Crunchbase Website Twitter Facebook Linkedin
Celbux is a cloud-based transactional software and platform.
Allxs
Crunchbase Website Twitter Facebook Linkedin
Allxs is a one stop platform that offers customized technology solutions to manage payments and cashless transactions.
ZipZap
Crunchbase Website Twitter Facebook Linkedin
ZipZap’s philosophy is all about growing small businesses by giving them a mobile, cost-effective POS payment solution.
Triloq
Crunchbase Website Twitter Facebook Linkedin
Triloq is a digital design company that specializes in online marketplace design.
Setcom
Crunchbase Website Twitter Facebook Linkedin
Setcom has been a leading South African Payment Service Provider since 1998.
Real Pay
Crunchbase Website Twitter Facebook Linkedin
Real Pay is a multi-bank web-based payments system that allows users to upload transactions, manage cashflows & complete digital payments.
RiovicPay
Crunchbase Website Twitter Facebook Linkedin
RiovicPay is an innovative company providing money transfer and payment tools.
AirAdvance
Crunchbase Website Twitter Facebook Linkedin
AirAdvance solves the problem that Airbnb income is mostly unrecognized by traditional finance and lending institutions.
Swift Merchant Services
Crunchbase Website Twitter Facebook Linkedin
Swift Merchant Services is a company that offers online payment solutions primarily to businesses in South Africa.
Entellipay
Crunchbase Website Twitter Facebook Linkedin
Entellipay was a credit card processing technology/payment gateway developed by Entelligence prior to its acquisition by MyGate
Wunderlust
Crunchbase Website Twitter Facebook Linkedin
Wunderlust aims to make travel more affordable to locals by offering monthly installment payments for local and international flights.
