Zeepay & Djamo Among Fintechs Scaling Across Borders After Major Funding Rounds

Africa’s fintech landscape is entering a new phase of cross-border expansion, with startups like Zeepay (Ghana) and Djamo (Côte d’Ivoire) making bold moves after securing major funding rounds. These companies are not only disrupting local markets but also proving that African fintech solutions can scale regionally and globally.

Zeepay, a mobile financial services company, recently expanded its operations beyond Ghana into several African markets, providing affordable cross-border remittances and mobile money interoperability. With millions of Africans depending on remittances from the diaspora, Zeepay’s growth underscores the continent’s need for seamless and low-cost financial transfer solutions.

Meanwhile, Djamo, often dubbed the “super app for personal finance” in Francophone Africa, has raised significant capital to accelerate its expansion. The startup helps users with budgeting, payments, savings, and card services, tapping into a largely underserved population where banking penetration remains low. Djamo’s success is also a signal that investor attention is broadening to Francophone West Africa, a region often overshadowed by Nigeria, Kenya, and Egypt in fintech funding conversations.

“African fintech is no longer just about solving local problems; it’s about building regional champions,” noted an analyst commenting on the trend.

The push for scale reflects a broader shift in Africa’s fintech ecosystem. As competition heats up in mature markets, startups are seeking new territories to maintain growth and capture value. At the same time, regulators are increasingly focused on cross-border harmonization, especially through initiatives like the African Continental Free Trade Area (AfCFTA).

With Zeepay, Djamo, and other rising stars blazing the trail, the next wave of African fintechs may well be defined not just by how much capital they raise, but by how far their services can reach across the continent and beyond.