Share of tech startups in South Africa 2021, by sector
The fintech sector had the highest concentration of tech startups in South Africa as of 2021. Just under one third of the startups operated in the fintech sector in that year. Furthermore, e-commerce and retail tech, e-health, and educational tech (ed-tech) followed with a share of 10.2 percent, nine percent, and 8.6 percent, respectively.