African fintechs raise $1bn in $2bn record year for startups – T2S2

T2S2
21/02/2022 22 min

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Episode Synopsis

In 2015 Disrupt Africa began publishing its annual African Tech Startups Funding Report. Since then says Disrupt co-founder Tom Jackson, African tech startups have seen investments increase by 351% and culminating in a record $2bn in 2021. Half of that “incredible growth” was invested in fintechs, Jackson tells Stuff Studio’s editor-in-chief Toby Shapshak. A total of 564 startups raised a $2,148,517,500 in 2021 – more than treble (or 206%) over 2020. on Stuff Studios.

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