Y Combinator has helped build some of Africa's most successful startups. Now, many of its alumni are becoming investors, backing the next generation of founders across fintech, healthtech, logistics, AI, and developer tools.
African startups raised $228 million in May 2026, but $175 million came from Paymentology. Excluding that deal, startups raised just $53 million, making May the slowest funding month of the year. Three stablecoin infrastructure companies accounted for roughly 70% of all disclosed venture activity.