StartupBlink

1395 Top startups in Southern Africa for July 2026

We rank Cell C, Yoco and Ozow formerly known as i-Pay in Southern Africa along with 1392 other startups based on an algorithm that scores startups based on total investment, employee count, and quarterly website traffic. The leading startup ecosystem in Southern Africa is South Africa accounting for 0% of all startups in the region.

Powered by

Category

Startups

Unicorns

Exits

Coworking Spaces

Accelerators

Top Unicorn Startups in Southern Africa for 2026

TymeBank is the only unicorn in Southern Africa raising more than USD 1.5B. It is the undefined ranked unicorn in Southern Africa.
1st
TymeBank logo
TymeBankSB Score: 334

TymeBank, a South African investment company, is 100% black-owned and operated. Offering innovative financial solutions, TymeBank empowers customers with fully digital banking services.

View Full Page
Website
www.tymebank.co.za
Employee range
1,001 – 5,000
Web Traffic (Monthly)
Funding amount
National Rank(South Africa)
Regional Rank(Southern Africa)
Global Rank(Worldwide)

Total amount:1

Best Startups in Southern Africa for 2026

1st
Cell C logo
Cell CSB Score: 637

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

View Full Page
Website
cellc.co.za
Employee range
1,001 – 5,000
Web Traffic (Monthly)
Funding amount
$401.1M
National Rank(South Africa)
Regional Rank(Southern Africa)
Global Rank(Worldwide)
2nd
Yoco logo
YocoSB Score: 567

Yoco empowers 100,000 small businesses in South Africa to accept payments seamlessly in-store, online, and on-the-go.

View Full Page
Website
www.yoco.com
Employee range
251 – 500
Web Traffic (Monthly)
Funding amount
$176M
National Rank(South Africa)
Regional Rank(Southern Africa)
Global Rank(Worldwide)
3rd
Ozow formerly known as i-Pay logo

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!

View Full Page
Website
ozow.com
Employee range
101 – 250
Web Traffic (Monthly)
Funding amount
$49.4M
National Rank(South Africa)
Regional Rank(Southern Africa)
Global Rank(Worldwide)
4th
Luno logo
LunoSB Score: 549

Luno makes it safe and easy to buy, store and learn about cryptocurrencies in South Africa.

View Full Page
Website
www.luno.com
Employee range
501 – 1,000
Web Traffic (Monthly)
Funding amount
$13.8M
National Rank(South Africa)
Regional Rank(Southern Africa)
Global Rank(Worldwide)
5th
Peach Payments logo
Peach PaymentsSB Score: 522

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.

View Full Page
Website
www.peachpayments.com
Employee range
101 – 250
Web Traffic (Monthly)
Funding amount
$31.8M
National Rank(South Africa)
Regional Rank(Southern Africa)
Global Rank(Worldwide)
6th
Naked Insurance logo
Naked InsuranceSB Score: 519

Naked Insurance is the new generation: effortless, transparent and sincere. Naked Insurance offers short-term retail insurance products.

View Full Page
Website
www.naked.insure
Employee range
101 – 250
Web Traffic (Monthly)
Funding amount
$69.5M
National Rank(South Africa)
Regional Rank(Southern Africa)
Global Rank(Worldwide)
7th
Yoco logo
YocoSB Score: 514

Yoco 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.

View Full Page
Website
www.yoco.co.za/za
Employee range
251 – 500
Web Traffic (Monthly)
Funding amount
$176M
National Rank(South Africa)
Regional Rank(Southern Africa)
Global Rank(Worldwide)
8th
VALR logo
VALRSB Score: 498

VALR.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.

View Full Page
Website
www.valr.com
Employee range
51 – 100
Web Traffic (Monthly)
Funding amount
$55M
National Rank(South Africa)
Regional Rank(Southern Africa)
Global Rank(Worldwide)
9th
Carry1st logo
Carry1stSB Score: 495

Carry1st 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.

View Full Page
Website
www.carry1st.com
Employee range
11 – 50
Web Traffic (Monthly)
Funding amount
$57M
National Rank(South Africa)
Regional Rank(Southern Africa)
Global Rank(Worldwide)
10th
HyperionDev logo
HyperionDevSB Score: 467

HyperionDev 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.

View Full Page
Website
www.hyperiondev.com
Employee range
251 – 500
Web Traffic (Monthly)
Funding amount
$10.5M
National Rank(South Africa)
Regional Rank(Southern Africa)
Global Rank(Worldwide)
11th
JOBJACK logo
JOBJACKSB Score: 454

JOBJACK is an online platform bridging the gap between job seekers and job providers by creating access and automating the entire entry-level recruitment process.

View Full Page
Website
www.jobjack.co.za
Employee range
11 – 50
Web Traffic (Monthly)
Funding amount
$3M
National Rank(South Africa)
Regional Rank(Southern Africa)
Global Rank(Worldwide)

Total amount:702

Most Funded Startups in Southern Africa for 2026

The top three most funded startups in Southern Africa have raised total funding of more than USD 753M. Cell C has 1.28% more funding than Yoco.
1st
Cell C logo
Cell CSB Score: 637

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

View Full Page
Website
cellc.co.za
Employee range
1,001 – 5,000
Web Traffic (Monthly)
Funding amount
$401.1M
National Rank(South Africa)
Regional Rank(Southern Africa)
Global Rank(Worldwide)
2nd
Yoco logo
YocoSB Score: 567

Yoco empowers 100,000 small businesses in South Africa to accept payments seamlessly in-store, online, and on-the-go.

View Full Page
Website
www.yoco.com
Employee range
251 – 500
Web Traffic (Monthly)
Funding amount
$176M
National Rank(South Africa)
Regional Rank(Southern Africa)
Global Rank(Worldwide)
3rd
Yoco logo
YocoSB Score: 514

Yoco 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.

View Full Page
Website
www.yoco.co.za/za
Employee range
251 – 500
Web Traffic (Monthly)
Funding amount
$176M
National Rank(South Africa)
Regional Rank(Southern Africa)
Global Rank(Worldwide)

Total amount:702

Top Hiring Startups in Southern Africa by Employee Number

The top three hiring startups in Southern Africa have an median employee size that is between [5001-10000]
1st
Tennovo logo
TennovoSB Score: 169

Tennovo 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.

View Full Page
Website
tennovo.com
Employee range
10,001+
Web Traffic (Monthly)
Funding amount
National Rank(South Africa)
Regional Rank(Southern Africa)
Global Rank(Worldwide)
2nd
Vectra logo
VectraSB Score: 163

VECTRA 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.

View Full Page
Website
vectra.co.za
Employee range
5,001 – 10,000
Web Traffic (Monthly)
Funding amount
National Rank(South Africa)
Regional Rank(Southern Africa)
Global Rank(Worldwide)
3rd
Cell C logo
Cell CSB Score: 637

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

View Full Page
Website
cellc.co.za
Employee range
1,001 – 5,000
Web Traffic (Monthly)
Funding amount
$401.1M
National Rank(South Africa)
Regional Rank(Southern Africa)
Global Rank(Worldwide)
4th
Promasidor logo
PromasidorSB Score: 258

Promasidor 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.

View Full Page
Website
promasidor.com
Employee range
1,001 – 5,000
Web Traffic (Monthly)
Funding amount
National Rank(South Africa)
Regional Rank(Southern Africa)
Global Rank(Worldwide)

Total amount:1395

Explore More Top Startups

Best Countries for Startups

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
Global RankCountryTotal ScoreAnnual Growth

Access subscores for 1000 cities and 100 countries

Quantity Score
Quality ScoreBusiness Score
1st
0
United States
314.096
0.0%
00.00
00.00
00.00
2nd
0
United Kingdom
80.114
0.0%
00.00
00.00
00.00
3rd
0
Israel
71.462
0.0%
00.00
00.00
00.00
4th
0
Singapore
68.043
0.0%
00.00
00.00
00.00
5th
0
Canada
49.534
0.0%
00.00
00.00
00.00
6th
0
Sweden
40.781
0.0%
00.00
00.00
00.00
7th
0
Germany
37.644
0.0%
00.00
00.00
00.00
8th
+
1
Switzerland
36.108
0.0%
00.00
00.00
00.00
9th
+
3
Australia
35.438
0.0%
00.00
00.00
00.00
10th
0
The Netherlands
34.514
0.0%
00.00
00.00
00.00
Microsoft Excel icon
Download CSV file