Paycrest

The open payment routing protocol

San Francisco, United States · Founded 2024 · $404K raised

Employees
1–10
Founded
2024
Business Model
B2B
Total Funding
$404K
Last Round
$404K Pre-SeedJan 2026
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

Paycrest is an open, decentralized payment routing protocol that bridges stablecoin and fiat currencies to enable fast, low-cost cross-border settlements — with a primary focus on African markets. The protocol uses Gateway smart contracts for onchain escrow, a smart routing engine to match orders with the best liquidity providers, and settlement tools connected to local payment rails such as bank transfers and mobile money. Founded in 2024 by Nigerian engineers Chibuotu Amadi and Francis Ocholi, Paycrest serves fintechs, wallets, payroll platforms, and DeFi protocols looking to move money between stablecoins (USDT, cNGN) and local currencies (NGN, KES) across 10+ countries in under 30 seconds.

Summary

Paycrest is a Crypto & Web3 company based in San Francisco, United States, founded in 2024. It has raised $404K in total across 1 round, most recently a $404K Pre-Seed round in Jan 2026. Investors include Hashed Emergent, Lava and Microtraction.

Funding History

Pre-seedPre-Seed2026 (est.)
$404K

Investors

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