The payments platform attracts Standard Chartered and Sony as it pushes into Latin America and Asia-Pacific, even as regulatory friction persists in some of its core markets.
Cape Town-based start-up uses stablecoins and a merchant-of-record model to undercut transaction fees that have long burdened African tourism businesses.
Nigeria’s proposed plan—demanding that withholding tax be paid in the native token and remitted to a government-controlled wallet—is a radical departure from global norms.
The capital injection aims to address persistent supply chain fragmentation and credit bottlenecks that restrict smallholder crop yields across West Africa.