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Since 2019, Standard Bank has backed 8 African startups across 8 disclosed funding rounds totaling $5.8M, most heavily in South Africa and Fintech.
Standard Bank Group is one of Africa's largest financial services groups, headquartered in Johannesburg, South Africa. It operates across retail and commercial banking, as well as investment management services. The group serves a wide range of clients, including institutional investors and high-net-worth individuals, with a strong presence in Africa. Standard Bank has participated in three funding rounds in South Africa between April 2020 and July 2025, investing a total of $22.4 million. Its investments focus exclusively on the fintech sector, backing companies such as Paymenow, Tradesafe, and Payment24. The stages include debt financing, venture rounds, and other structures. Through these investments, Standard Bank supports innovative fintech solutions addressing earned wage access, secure buyer fund holding, and fuel payment management in South Africa.
Data updated · Jul 29, 2026
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Standard Bank has backed 8 African startups across 8 disclosed funding rounds tracked on Liners, totaling $5.8M since 2019.
Mostly Seed: 2 of its 8 tracked rounds are at that stage, followed by Venture (Round not Specified) (2).
Standard Bank's tracked rounds are concentrated in South Africa (12).
Its tracked rounds lean toward Fintech (5), Logistics & Supply Chain (3), Agri Tech (2), and 2 more sectors.
Standard Bank most often shares rounds with Digital Africa Ventures (1 shared deal), Galloprovincialis (1 shared deal), 54 Collective (1 shared deal).
Standard Bank has backed Paymenow for early wage access and financial wellness, Tradesafe for holding buyer funds until delivery, and Payment24 for white-label fuel payments and fleet control. All investments are in South Africa.
Standard Bank invested $22.4 million across three rounds from April 2020 to July 2025. The largest was $22.4 million in debt financing for Paymenow in July 2025.