Top Emerging Markets Startups in 2024

Smile ID is Africa's leading digital KYC provider and was founded to solve the specific challenges faced by companies trying to onboard users in unique African conditions. We have built proprietary machine learning algorithms and a technology platform to cater for all skin tones, entry level devices and users operating in low bandwidth environments. We pride ourselves on striking the right balance between stopping fraudulent transactions and reducing onboarding friction and have enabled some of the fastest-growing businesses across Africa to onboard at scale and in real-time, evidenced by performing over 100 million KYC checks to date. Our client base includes Zenith Bank, Stanbic IBTC, Flutterwave, Fairmoney, Binance, Uber, Bolt, Kuda Bank, Opay, Paystack, Luno, Yellowcard, iKhokha and hundreds more.

Branch delivers world-class financial services to the mobile generation. The spread of smartphones presents an incredible opportunity for the world’s emerging middle class to access banking options and achieve financial flexibility. We are revolutionizing banking in Kenya, Tanzania and Nigeria. We will soon launch in other regions. Led by the founder and former CEO of Kiva.org, our team has unmatched experience in financial technology and emerging markets. Since our launch in April 2015, we’ve disbursed millions of loans across Africa and are growing rapidly. Our success has led to investments from Silicon Valley’s leading VCs.

Harvesting Farmer Network, an initiative focused on providing market linkages to 120 million smallholder farmers in India. Its grassroots level efforts combined with data & technology has already brought together 3.7 million farmers onto a single platform, with the goal to make smallholder farming profitable. We provide a transparent mobile marketplace for smallholder farmers to sell their crops and buy tailor made financial products & farm inputs. Digital platform is supported by physical centers owned & operated by farmers under HFN Banner,Digital platform for farmers involved in horticulture, poultry, livestock & fishery.

Sylvr is an online platform that provides risk perspective to Small and Medium enterprises, Boutique Consultants and Financiers. Over 90% businesses are micro, small & medium enterprises. Within ten years, 60-70% shutdown! Over 82% fail due to cash flow issues. 46% owners are not comfortable analyzing financial statements, with 82% 'financially illiterate' owners not maintaining cashflow forecasts and then its no surprise that 45% of trade finance applications from SMEs are rejected by banks. On other hand, insights-driven companies grow 27% YoY. Sylvr helps point SMEs' decision-makers and external Experts in right direction. It helps decode clues from environment, diagnose business situation & trajectory, support to re-direct business plan and develop required capabilities. It impacts society by helping retirees share experience, up-skill and team up to develop human capital of their erstwhile domains with better technology, and help SMEs build capabilities sustainably.

Using the QuickSell app SMEs can organize their product inventory and quickly build beautiful digital product showcases to share with new and existing customers. QuickSell is an intelligent plug and play cloud-based solution. Over 5 crore businesses in India & globally are now looking towards SaaS-based solutions to make their systems more efficient and effective. By 2019 end, we had 300k downloads from more than 100 countries across 110 business verticals with 0 marketing costs on PlayStore! Our opportunity is as big as the number of all businesses that have a smartphone. Go ahead… take a moment and let that sink in!! We are a frugal startup trying to make sure that we go a long way ahead & trying to build something big! So, if you want to join our journey in creating something that's valuable and helps businesses & economies to reach out effectively, then join us in this adventure!

Milo is a financial technology company that is reimagining the way global consumers access credit and financial solutions in a borderless world. We are passionate about driving transformation of financial services, solving real problems, and making a meaningful impact in people’s lives. At Milo, we are building amazing digital solutions and rethinking what’s possible. Milo has built the leading home credit solution for global consumers. By building our technology stack from the ground up and bringing on a world class team, we have already lent out millions of dollars to amazing consumers. Milo is able to close loans in days and not in months. We are looking for new team members that get excited about creating, designing and implementing new solutions for global consumers. Our team is looking for passionate individuals to join our product, design, operations and marketing teams. For more information, visit milocredit.com