Top Startups From Johannesburg to Watch out In 2020

Top Startups From Johannesburg to Watch out In 2020

Here are some of the top startups in Johannesburg for 2020 that are expected to make the news in 2020. Johannesburg is the largest city in South Africa and also budding startup hub in the region.

The city is responsible for creating a sizeable amount of entrepreneurial traction in the region and has seen several startups come up in the last five years. Some of the top startups in Johannesburg in 2020 hold a reign over the majority of the African market and are prominent names in the regional startup world.

Despite being an important pillar in the regional startup ecosystem, the city still has a long way to go to reach the ranks of international hubs like Singapore or Bengaluru. HexGn studied the funding activities in startups in Johannesburg and other startup hubs around the city for 2019 (up to November 1st). According to this research, startups in Johannesburg raised over $24 million in this period.

TymeBank is among the top startups in Johannesburg for 2020

TymeBank is a revolutionary fintech startup from Johannesburg that has been instrumental in helping South Africans get access to digital financial transactions. The startup has done away with a number of fees involved when using banking services to encourage more and more people to use fintech services. TymeBank is a unique digital retail bank that offers a hassle-free joining process, a feature that has immensely helped the underbanked in the region.

Founding Year: 2012

Website: www.tymebank.co.za

LinkedIn: www.linkedin.com/company/tyme

Xineoh is among the top startups in Johannesburg for 2020

This is an AI startup which specialises in studying and predicting consumer behaviour. Xineoh offers much-needed relief to small businesses that are eager to explore data-driven sales plans but do not have the resources to hire data scientists.  It is one of the top startups in Johannesburg for 2020 from the AI and machine learning segment.

Founding Year: 2015

Total Funding: $3.5 M

Website: www.xineoh.com

LinkedIn: https://www.linkedin.com/company/xineoh

VALR is among the top startups in Johannesburg for 2020

VALR is a trading platform for cryptocurrencies which operates via an app offering flexibility for investors to trade from wherever they are. The platform supports the trading of over 50 cryptocurrencies and uses AI to help complete the verification process which does not take more than 10 minutes. VALR is one of the youngest startups in our list of top startups in Johannesburg for 2020.

Founding Year: 2018

Total Funding: $1.5 M

Website: www.valr.com

LinkedIn: www.linkedin.com/company/valr

Flow is among the top startups in Johannesburg for 2020

The next startup on our list of top startups in Johannesburg for 2020 is from the proptech segment. Flow is a facility management startup whose app helps tenants enjoy rewards for being good tenants. Users can enjoy monthly rewards on the app, which includes discounts at an array of outlets. Tenants can get up to 20% of their rent back in rewards each month.

Founding Year: 2017

Website: www.flow.rent

LinkedIn: www.linkedin.com/company/rentinflow

InvestSure is among the top startups in Johannesburg for 2020

InvestSure is a leading startup in the insuretech segment and also finds itself among the top startups in Johannesburg for 2020. The startup has developed a product that protects its users from management fraud and related issues. The entire process is automated and helps shareholders from losing money in such scenarios.

Founding Year: 2017

Total Funding: $761 K

Website: www.investure.info

LinkedIn: www.linkedin.com/company/investsuretech

Bright on Capital is among the top startups in Johannesburg for 2020

This is a peer-to-peer lending platform that is user-friendly and does not require one to go through complicated procedures to get financing. Bright On Capital offers its service 24/7 and has a very transparent lending program without any hidden fees or charges. The platform is also an excellent place for investors and provides timely payback for those investing through Bright on Capital. 

Total Funding: $655 K

Website: www.brightoncapital.co.za

Zande Africa is among the top startups in Johannesburg for 2020

Zande Africa is a unique startup based Johannesburg that is helping retailers find the best deals for products and also delivers it to them within 24 hours. The venture aims to empower general store owners with better access to stock and transport options to help grow revenues from their business. One of the top startups in Johannesburg for 2020, Zande Africa is a force that is reshaping the informal market in South Africa

Founding Year: 2016

Total Funding: $655 K

Website: www.zande.co.za

LinkedIn: www.linkedin.com/company/zande

uKheshe is among the top startups in Johannesburg for 2020

uKheshe is a payment wallet and system which allows people to send and receive money using their phones.  Apart from these services, uKheshe users can also get cash from any of the pick-up points in the country instead of going to an ATM. Signing up for the services does not require a bank account making it a very good platform for the underbanked in the country to get access to tech-based financial services.

Founding Year: 2018

Total Funding: $500 K

Website: www.ukheshe.co.za

Livestock Wealth  is among the top startups in Johannesburg for 2020

Livestock Wealth is a unique agritech startup that allows people to invest in livestock. The ‘crowdfarming’ startup offers investment opportunities for all irrespective of whether or not the person has any knowledge of farming. It is one of the top startups in Johannesburg for 2020. 

Founding Year: 2015

Total Funding: $131 K

Website: www.livestockwealth.com

LinkedIn: www.linkedin.com/company/livestock-wealth

GotBot is among the top startups in Johannesburg for 2020

GotBot is changing the customer service landscape by adding chatbots to the scenario.  With the help of AI and real-time training, businesses can now rely on GotBot’s chatbots to take over the retail and customer service functions.  The conversational service can be used for communicating with customers over a variety of channels including Facebook Messenger,  Twitter, WeChat, and Web Chat among the others.

Founding Year: 2016

Total Funding: $35.30K

Website: www.gotbot.co.za

Johannesburg is brimming with talent, offers good access to capital, has a colorful nightlife, and a diverse range of commercial and residential properties to choose from, making it an excellent location for entrepreneurs and job seekers alike. If you are a job seeker, check out the top startups in Johannesburg for 2020 to find opportunities to work with them.

Are you an entrepreneur looking to launch your startup or want to know more about entrepreneurship before taking the plunge?

HexGn offers startup ready program for people who want to understand the nuances of a global startup, how to find a great idea, build a prototype, and raise funding eventually. Learn a systematic, validated and iterative process for spotting, evaluating and testing entrepreneurial opportunities. 

At a very affordable price, two members from a startup can join the six months online program and we do not take any equity in the participating entities. These are not pre-recorded lessons, you will be attending live online sessions with our facilitators. a strong testimony to our track record is that fact that, our clients and past graduates have won numerous awards and have raised more than $100 million in funding.

Click here to know more about the program

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