1st
TymeBankTymeBank, a South African investment company, is 100% black-owned and operated. Offering innovative financial solutions, TymeBank empowers customers with fully digital banking services.
We rank Cell C, Yoco and Ozow formerly known as i-Pay in South Africa along with 1234 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. South Africa startup ecosystem ranks #52 globally and #1 in Southern Africa.
1st
TymeBankTymeBank, a South African investment company, is 100% black-owned and operated. Offering innovative financial solutions, TymeBank empowers customers with fully digital banking services.
Total amount:1

1st
Cell CCell C is a mobile provider in South Africa, offering a wide range of services and mobile and data deals.
2nd
YocoYoco empowers 100,000 small businesses in South Africa to accept payments seamlessly in-store, online, and on-the-go.
Ozow is the future of payment as we know it. An oh-so (or Ozow) easy, automated and ultra-secure pay-by-bank solution that helps customers pay in just a few seconds, merchants can initiate Ozow payments through a variety of payment platforms, such as SMS, eCommerce, eBilling, QR Code, and instore Point-of-Sale (POS). Through Ozow’s precise and secure system (that reduces the risk of charge-backs), merchants get real-time payments with instant transaction notifications and automated bank reconciliations. As no card is required for payment, their products are also more widely available, resulting in fewer abandoned carts, increased sales, and more happy customers. Furthermore, merchants enjoy transaction fees as low as 1,5%, with no monthly costs, setup fees, or minimum charges, enabling them to save their money. As an added bonus, merchants processing up to R1m per month can use Ozow for free in their first year, no strings attached. Ozow is committed to financial inclusion on a continent where many people are disenfranchised by a lack of payments options. Furthermore, Ozow is committed to making it affordable for smaller businesses to take their trade to a wider audience, and to ensure that if traditional payment methods are unavailable, merchants don’t suffer. Ozow is bringing commerce to a wider audience, promoting financial inclusion, and innovating for our customers. Paying with us is Ozow easy, Ozow fast and Ozow trusted!
4th
LunoLuno makes it safe and easy to buy, store and learn about cryptocurrencies in South Africa.

Peach Payments provides payment solutions to online and mobile businesses enabling them to easily accept payments from consumers across the globe and especially from those in the emerging markets. Our specific focus is on Africa and the BRIC countries where the local infrastructure requires a unique and tailored approach to online payments.
Naked Insurance is the new generation: effortless, transparent and sincere. Naked Insurance offers short-term retail insurance products.
7th
YocoYoco is an African technology company. We create opportunities for entrepreneurs and small businesses to get paid, run and grow their business through a single platform. Our growing product ecosystem includes payments (offline and online), lending and business software. Today Yoco processes US$ billions annually for over 300,000 small businesses.
8th
VALRVALR.com is a digital asset trading platform where you can buy, sell, store and transfer cryptocurrencies seamlessly and securely. We offer one of the widest selections of digital assets. We‘re helping to build a financial system that recognises the oneness of humanity.
9th
Carry1stCarry1st is a full-stack publisher of social games and interactive content with a focus on frontier markets like Africa. Founded in 2018 by Cordel Robbin-Coker, Lucy Hoffman, and Tino Mundangepfupfu, Carry1st employs a team of 29 people across 14 countries hailing from top companies like Carlyle, King, Jumia, Rovio, Socialpoint, and Wargaming. It has raised over $10m to date including a recent $7m Series A headlined by Riot Games, Konvoy Ventures, Raine, and Akatsuki. Carry1st will use the funding to launch and scale its existing portfolio, secure new partnerships with global gaming studios, and expand its team.
10th
HyperionDevHyperionDev is one of the largest online coding bootcamps out there. It was founded in 2012, as a small grassroots movement of Computer Science students working towards a single goal: to build and deliver better technical education for anyone who wanted to learn digital literacy and programming skills. Today, we're backed by Facebook & Google and serve over 150,000 registered students in over 35 countries.
11th
JOBJACKJOBJACK is an online platform bridging the gap between job seekers and job providers by creating access and automating the entire entry-level recruitment process.
Total amount:1238
1st
HyperionDevHyperionDev is one of the largest online coding bootcamps out there. It was founded in 2012, as a small grassroots movement of Computer Science students working towards a single goal: to build and deliver better technical education for anyone who wanted to learn digital literacy and programming skills. Today, we're backed by Facebook & Google and serve over 150,000 registered students in over 35 countries.
2nd
FoondaMateBeable is the Life-Ready Literacy company. Beable is providing a groundbreaking Life-Ready Literacy System. Powered by its BeableIQ data and automation engine, Beable accelerates literacy growth while connecting it directly to grade-level content acquisition, ACT/SAT prep, career exposure and, ultimately, lifelong success for students.

The Student Hub will publish e-books with links to other resources, while students will also be able to react to content when they are confused or find it difficult. ERAOnline will allow them to send comments and messages to authors, publishers and peers, and every student will be connected with a subject expert to assist them when they get stuck.
Total amount:39
1st
AeroboticsAerobotics provides intelligent tools for optimal perennial crop farming practices.
2nd
Nile.agNile.ag provides a platform for farmers to trade fresh produce with multiple producers across a number of African countries. Its digital solutions address inherent issues relating to food trading, quality verification, payments and traceability.

Livestock Wealth is a crowdfarmingTM company that allows people to invest in livestock and earn from sale of the offspring.Their unique CrowdFarmingTM concept allows individuals to share the facilities of a commercial livestock farm while our experts look after their cows on a day to day basis. Cows have been a source of pride and a store of wealth in Africa for centuries. The wealth in cows is based on something real – beef. The company enables anyone to be an organic beef farmer.
Total amount:31
1st
WetilityWetility's flagship product is a comprehensive digital solar energy management system that allows users to regulate power usage remotely. The system is marketed as the "360 Wetility Experience" and consists of rooftop PV installation or solar panels.
2nd
PlentifyPlentify connects home appliances with cheaper cleaner energy. It does this with an intelligent residential load management platform which matches demand with clean energy supply for 75% cheaper than batteries. Plentify combines advanced hardware, AI, and user-centric design to create smart home products that delight customers while also strengthening electricity systems.
3rd
InsecoInseco provides project engineering, hardware, network infrastructure, security system, and cloud computing services. They also provide electronic document management, HRIS, and business solutions.
Total amount:45

1st
Cell CCell C is a mobile provider in South Africa, offering a wide range of services and mobile and data deals.
2nd
YocoYoco is an African technology company. We create opportunities for entrepreneurs and small businesses to get paid, run and grow their business through a single platform. Our growing product ecosystem includes payments (offline and online), lending and business software. Today Yoco processes US$ billions annually for over 300,000 small businesses.
3rd
YocoYoco empowers 100,000 small businesses in South Africa to accept payments seamlessly in-store, online, and on-the-go.
Total amount:1238
1st
TennovoTennovo provides consulting and technology services focused on digital transformation and cloud-enabled solutions. The company delivers advisory support and development services, helping clients migrate systems, modernize platforms, and adopt emerging technologies in areas such as cloud integration, digital workflows, and platform engineering. It collaborates with enterprises to design and implement scalable technology solutions aligned with business objectives. The firm also offers managed IT services, cybersecurity support, and ongoing system optimization to help organizations maintain effective infrastructure.

2nd
VectraVECTRA is a technology-driven diversified industrial company serving attractive global markets, including automotive systems, electronic devices, aerospace and defense, industrial and medical. Its business platforms use technology to address customers' complex applications and demanding requirements.

3rd
Cell CCell C is a mobile provider in South Africa, offering a wide range of services and mobile and data deals.

4th
PromasidorPromasidor manufactures and supplies seasonings and processed foods in 36 countries throughout Africa. It produces and sells powdered beverages, flavor seasonings, powdered milk, cereals, and other food products. Promasidor mainly operates in Nigeria, the Democratic Republic of the Congo, Ghana, Algeria, and Angola. Promasidor was founded in 1979 by Robert Rose.
Total amount:1237
TEAM AF (formerly A Reason To Feel) is a South African–Japanese creative digital agency and app design studio founded in 2024. Based in Pretoria, the firm delivers services across: App & product design UX / UI design communication Brand identity & digital marketing Social content creation & influencer campaigns No-code/AI app development Digital strategy and financial planning for tech solutions
2nd
BashTFGLabs is the group’s technology division that is spearheading its digital transformation.

3rd
RainDriven by innovation, Rain is building the next-generation LTE-Advanced network to connect you to the unlimited opportunities of the digital universe, simply and transparently. Rain connects the people of South Africa to the limitless possibilities of the digital world. This is the future of fixed and mobile connectivity. Forget everything you know about fixed and mobile networks. Enjoy ‘open access’ to the internet at the best quality and speeds we can deliver, with affordable rates for all. Join our journey.
Total amount:1238
Population
(South Africa)
60.4 Million
newRegional Rank
(Southern Africa)
1st
0
Global Rank
(WorldWide)
52nd
1