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Spring in Africa
AddedMar 22, 2024
UpdatedJun 18, 2026
Spring in Africa

Spring in Africa

Seed

Blockchain online bank & multicurrency wallet

HQ
Lagos, Lagos, NG
Founded
2018
Accelerator
Y Combinator logoY CombinatorW19
Overview
Compare
Fundraising
Employees
Website

Spring in Africa, founded with a mission to revolutionize financial transactions in the African market, offers a blockchain-based online bank and multicurrency wallet. The company aims to empower users with seamless and flexible payment options, integrating both traditional bank transfers and cryptocurrency payments. Their services include creating custom payment links, facilitating easy money transfers to various wallets, and providing opportunities for users to save on airtime purchases while earning cash back.

Notable affiliates and investors in Spring in Africa include key figures in the fintech and blockchain industries, though specific names are not disclosed. The startup has achieved significant milestones by simplifying digital transactions and promoting financial inclusion across Africa. Their innovative approach has had a considerable impact on the region's financial landscape, making transactions more accessible and efficient for a broad user base.

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Spring in Africa - Quick Facts

Who are Spring in Africa's competitors?

Companies similar to Spring in Africa include Fingo Africa, Wave, Surge Africa and Flutterwave.

When was Spring in Africa founded?

Spring in Africa was founded in 2018.

Where is Spring in Africa's headquarters located?

Spring in Africa's headquarters is located in Lagos, Lagos, NG.

When was Spring in Africa's last funding round?

Spring in Africa's most recent funding round was for $1.3M (USD) in June 2020.

How much has Spring in Africa raised to-date?

As of Jun 24, 2020, Spring in Africa has raised a total of $1.6M (USD).

How many employees does Spring in Africa have?

Spring in Africa has 7 employees as of Feb 24, 2024.

Spring in Africa - Classification

Technology
  • Blockchain
Geographic Exposure
  • Africa
Model
  • Platform
Revenue
  • SaaS
  • Transactional
Customer
  • Consumers
Main Product
  • Online Bank
  • Wallet
Tags
  • Crypto
  • Fintech
NAICS
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8740Management And Public Relations Services
  • 8742Management Consulting Services
Show 4 more industry codes
SIC
  • 6000Depository Institutions
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice