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Littlefish Raises $9.5 Million to Scale Fintech Infrastructure in Africa

Littlefish Raises $9.5 Million to Scale Fintech Infrastructure in Africa
Wednesday, 25 March 2026 10:04
  • Littlefish raised $9.5 million in a Series A round led by Partech Partners.
  • The startup plans to expand into more than 10 African markets, including Kenya and Tanzania.
  • The company targets SMEs with digital payment and financial infrastructure solutions.

South African fintech Littlefish raised $9.5 million in a Series A funding round, the company announced on March 24. Partech Partners led the round, while TLcom Capital, Flourish Ventures, and Proparco participated in the investment.

The company will use the funding to scale its operations and prepare for expansion across Africa. Littlefish plans to enter more than ten markets, including Kenya, Tanzania, Uganda, Botswana, Zimbabwe, and Zambia.

Littlefish stated that the new capital will strengthen its teams, accelerate product development, and expand its commercial activities. The company also plans to deepen relationships with its banking and merchant clients in South Africa while extending its footprint across the continent.

Littlefish said the funding will enable it to serve millions of African merchants and support the digital transformation of financial services for small and medium-sized enterprises.

According to International Finance Corporation, digital transformation offers significant opportunities for African businesses. However, fewer than one in three companies, particularly small and microenterprises, fully leverage digital tools.

Integrated Financial Infrastructure Offering

Founded in 2021 in Johannesburg by Brandon Roberts, Littlefish provides financial institutions with a unified platform. The platform integrates payment terminals, point-of-sale applications, management systems, and merchant portals.

This solution enables banks to offer merchant services to SMEs while retaining customer relationships. Littlefish counts major South African banks among its clients, including Standard Bank, First National Bank, and Absa. The company also signed a strategic partnership with Visa.

Littlefish stated that its monthly recurring revenue has increased thirtyfold since its first funding round.

SG

 

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