Fintech refers to the integration of technology into offerings by financial services companies in order to improve their use and delivery to consumers. Startups disrupt incumbents in the finance industry by expanding financial inclusion and using technology to cut down on operational costs.
Expectation from Fintech in South Africa
Riovic
On Demand Insurance Platform Based out of Johannesburg, NA – South Africa, South Africa
BoE Asset Management
BoE Asset Management Based out of Cape Town, NA – South Africa, South Africa
CSI eServices Group Ltd
CSI eServices Group Ltd (CSIEG) is a Secured eServices and FinTech Delivery Company Based out of Pretoria, NA – South Africa, South Africa
Neomutual
Neomutual is an online platform dedicated to giving uninsured & underinsured individuals alternative coverage through zero-interest credit. Based out of Johannesburg, NA – South Africa, South Africa
SIPP Investments
SIPP is a technology-driven investment business with online tools for investors to empower financial well-being. Based out of Johannesburg, NA – South Africa, South Africa
Kukura Capital
Kukura Capital is a company that focuses on financial education and financial technology. Based out of Pretoria, NA – South Africa, South Africa
RiovicPay
RiovicPay is an innovative company providing money transfer and payment tools. Based out of Pretoria, NA – South Africa, South Africa
Cenfri
Centre for Financial Regulation and Inclusion. Independent think tank focused on financial sector development, Based out of Cape Town, NA – South Africa, South Africa
Maxxo
Maxxo Based out of Cape Town, NA – South Africa, South Africa
FMJ Financial Services
Registered tax practitioners that focus on assisting individuals with SARS tax returns, tax advice, tax audits and tax objections Based out of Johannesburg, NA – South Africa, South Africa
Veneka
Veneka renders payment technology solutions such as card and wallet issuing, card payments, electronic and digital banking. Based out of Johannesburg, NA – South Africa, South Africa
Zonotho
Personal Finance Based out of Pretoria, NA – South Africa, South Africa
Causal Nexus
Causal Nexus is a startup that specializes in next-generation backend payment systems. Based out of Gauteng, NA – South Africa, South Africa
Blue Financial Services
Blue is a micro-finance institution that offers loans and financial services. Based out of Pretoria, NA – South Africa, South Africa
AirAdvance
AirAdvance solves the problem that Airbnb income is mostly unrecognized by traditional finance and lending institutions. Based out of Gauteng, NA – South Africa, South Africa
ZAR X
ZAR X is a licensed stock exchange that uses disruptive fintech to create a more efficient market for all. Based out of Johannesburg, NA – South Africa, South Africa
Stock Shop
Stock Shop provides a toolbox of platforms that financial institutions can white-label to provide financial education. Based out of Johannesburg, NA – South Africa, South Africa
Riskflow
Riskflow is a fintech company founded in 1988, focussing on the creation of enterprise software solutions. Based out of Randburg, NA – South Africa, South Africa
Cryptovecs Capital
Cryptovecs Capital is a black-owned African Investment and Technology company headquartered in Johannesburg. Based out of Johannesburg, NA – South Africa, South Africa
Delter IT
Delter IT Services is a micro-lending software development company providing client management systems to micro lenders. Based out of Pretoria, NA – South Africa, South Africa
Diga Digital Intelligence
Diga Digital Intelligence specializes in cloud applications that are changing the way advisers connect with their clients. Based out of Johannesburg, NA – South Africa, South Africa
Youi
Youi is about helping you get the best premium, getting you a tailored insurance solution, and providing you with the best service. Based out of Centurion, NA – South Africa, South Africa
Fedgroup
Fedgroup is a financial services company investing in smart technology. Based out of Johannesburg, NA – South Africa, South Africa
How many Fintech companies are in South Africa?
In 2025, 154 fintech startups were located in South Africa. The country counted the highest number of such companies in the Africa region. Nigeria followed closely with 144 fintechs, while other 93 had headquarters in Kenya.
What services does Fintech offer in South Africa?
Examples of FinTech
Digital Lending and Credit. FinTech giant Kabbage directly funds small business loans and is powered by transactional data to help make incredibly quick lending decisions.
Mobile Banking.
Mobile Payments.
Cryptocurrency & Blockchain.
Insurance.
Trading.
Envestnet | Yodlee & FinTech.
Which is the most used Fintech services in South Africa?
Digital banking and bill payments were the most prevalent uses of fintech (67% of respondents reported using digital fintech apps for either task), while savings and investing apps were among the fastest-growing fintech use cases.
What are 4 categories of fintech in South Africa?
In this primer, we will highlight four fintech areas. digital lending, payments, blockchain and digital wealth management, that are of particular interest due to their rapid pace of growth, technological disruption, and regulatory and other risks.