Most-named embedded finance providers in Africa 2026
- 453 of the 6,588 companies in the Embedded Finance Index (6.9%) are headquartered in Africa (Embedded Finance Index, October 2026). Details →
- Backbase is the most-named Banking-as-a-Service (BaaS) provider among fintechs headquartered in Africa, linked to 5 companies there through their public disclosures and provider customer lists (Embedded Finance Index, October 2026). Details →
- Mastercard is the most-named card network among fintechs headquartered in Africa, linked to 42 companies there through their public disclosures and provider customer lists (Embedded Finance Index, October 2026). Details →
- Paystack is the most-named payment service provider (PSP) among fintechs headquartered in Africa, linked to 16 companies there through their public disclosures and provider customer lists (Embedded Finance Index, October 2026). Details →
- Mono is the most-named open banking and financial data API provider among fintechs headquartered in Africa, linked to 7 companies there through their public disclosures and provider customer lists (Embedded Finance Index, October 2026). Details →
- Western Union is the most-named FX and cross-border payouts provider among fintechs headquartered in Africa, linked to 7 companies there through their public disclosures and provider customer lists (Embedded Finance Index, October 2026). Details →
- Xero is the most-named accounting connector among fintechs headquartered in Africa, linked to 10 companies there through their public disclosures and provider customer lists (Embedded Finance Index, October 2026). Details →
How to cite these statistics
Embedded Finance Index, October 2026, published by Apideck. https://www.embeddedfinanceindex.com/statistics/africa. Figures are recomputed as dossiers are added; quote the month alongside the number.
Statistics by category
Banking-as-a-Service (BaaS) provider statistics 2026Sponsor bank statistics 2026Card-issuing platform statistics 2026Card network statistics 2026Payment service provider (PSP) statistics 2026Embedded payments provider statistics 2026Open banking and financial data API provider statistics 2026Embedded payroll or earned wage access provider statistics 2026Embedded lending provider statistics 2026Embedded insurance provider statistics 2026FX and cross-border payouts provider statistics 2026KYC and identity verification vendor statistics 2026Embedded tax provider statistics 2026Accounting connector statistics 2026Transaction enrichment provider statistics 2026Embedded crypto and stablecoin provider statistics 2026Treasury management provider statistics 2026Ledger infrastructure provider statistics 2026Accounts receivable provider statistics 2026Spend management and AP provider statistics 2026