Ivorypay

Crypto payments for Africa

Lagos, Nigeria · Founded 2022 · $50K raised

Headquarters
Lagos
Employees
11–50
Founded
2022
Business Model
B2B
Total Funding
$50K
Last Round
$50K SeedJan 2026
Rounds
1

About

Ivorypay is Africa's stablecoin payment infrastructure platform, enabling merchants, platforms, and fintechs to accept and settle USDT and USDC across 16 African countries with near-instant settlement and sub-2% fees. Founded in 2022 by Oluwatobi Ajayi and Opeyemi Akinremi, the company provides a crypto payment gateway, localized on/off-ramps, and wallet and treasury APIs for B2B and B2C use cases. Ivorypay has processed over $80 million in transaction volume, onboarded more than 9,000 businesses, and is the first company in Africa to support the X402 agentic payment protocol.

Summary

Ivorypay is a Crypto & Web3 company based in Lagos, Nigeria, founded in 2022. It has raised $50K in total across 1 round, most recently a $50K Seed round in Jan 2026. Investors include CV VC.

Tech & App Stack

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Funding History

SeedSeed RoundJan 2026
$50K

Investors

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