Dash

Payment wallet companies fare well in Africa, where global transactions are less card oriented. Banks and telecoms are the main source of global payments on the continent but lack the interoperability that Visa and Mastercard have. Dash is on a mission to fix this problem with an alternative payment network and money wallet that would unify payment across different African countries and currencies.

Although young, Dash has grown alarmingly quickly. Having gained almost 5 times its early VC funding in just a year, this kind of boom isn’t always helpful for a new company. But with $1 billion processed since its launch from over a million customers, demand is high.