BitcoinKE·11h ago·positive

Nigerian Stablecoin Startup Daya Raises $2.4M from Aptos Foundation and Others

Lagos-based Daya raised $2.4M pre-seed to expand its stablecoin-powered cross-border payments platform, letting African businesses collect local payments and settle globally using stablecoins.

Founded by ex-Circle executive Aleph Lasebikan and Paul Joe in 2025
Round led by Hivemind Capital with participation from Aptos Foundation, Lattice, and Alliance
Platform lets businesses collect local payments, convert via stablecoins, and settle globally
Targets exporters, startups, and freelancers moving money across borders
Reflects growing trend of African fintechs using stablecoins for payments, not just consumer crypto

defipeopleImpact 4/10

Why our editor rated this positive

Stablecoin infrastructure for cross-border payments in Africa is a positive development for crypto adoption and financial inclusion in emerging markets.

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