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abela vs WayaMoney

abela logo

abela

Offering first time access to digital financial services

7 employees · est. 2020 · South Africa

VS
WayaMoney logo

WayaMoney

The app you need to make payments, send data, and airtime across African countries

10 employees · est. 2018 · Ghana

WayaMoney is the older company (2020 vs 2018).

Side-by-Side Comparison

abela WayaMoney
Founded
2020 2018 older
Headquarters
South Africa Ghana
Employees
7 10
Industry
Finance, Financial Services, Payments Financial Services, Payments
Funding Stage
Grant Seed
Total Funding
$594.02K $600.00K
Funding Rounds
3 2
Taxonomy
Digital Financial ServicesQR Enabled Payments PlatformCellphone PaymentsEarn MoneySpend MoneySave Money +6 Cross-border PaymentsRemittanceDigital BankingMobile MoneyPayment SolutionsMoney Transfer +3
Website
abela.app wayamoney.com
abela logo

About abela

Abela is a South African startup founded in 2020, with a focus on offering first-time access to digital financial services. The company's slogan, "Offering first-time access to digital financial services," reflects its commitment to providing accessible and inclusive financial solutions. Abela.app o...

WayaMoney logo

About WayaMoney

WayaMoney offers a convenient solution for cross-border transactions in African countries. The financial services startup, founded in 2018 and headquartered in Ghana, raised a $500.00K Seed Round investment on 01 January 2022, with funding from Launch Africa and First Circle Capital. The company's a...

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Frequently Asked Questions

abela was founded in 2020, based in South Africa, with 7 employees. Abela is a South African startup founded in 2020, with a focus on offering first-time access to digital financial services. The company's slogan, "Offering first-time access to digital financial servi. WayaMoney was founded in 2018, based in Ghana, with 10 employees. WayaMoney offers a convenient solution for cross-border transactions in African countries. The financial services startup, founded in 2018 and headquartered in Ghana, raised a $500.00K Seed Round inve.
abela has raised $594.02K and WayaMoney $600.00K. Latest stage: abela Grant, WayaMoney Seed.
Both work in Financial Services and Payments and list financial inclusion and digital banking among their focus areas.

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Compiled from the BounceWatch company index. We last looked at abela on 12 Sep 2024, and WayaMoney on 8 Mar 2025. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.

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