Finite Pay International

Finite Pay International

We Power Africa’s global ambitions by issuing USD, EUR, African currencies, and stablecoin-to-fiat conversions for international payments.

Company Details

Location
Nairobi, Kenya
Founded
2024
Employees
4-10
Funding
USD $10K-$100K
Fundraising
Round now open!

Management Team

Kevin Angwenyi Kegera avatar

Kevin Angwenyi Kegera

Co-Founder & CEO

Jeff Ayako avatar

Jeff Ayako

Co-Founder & CTO

Learn more

About Finite Pay International

The problem we're solving:

Africa has incredible potential, with $300 billion flowing across its borders each year. However, sending or receiving money across and into these borders comes with some of the highest remittance costs in the world, averaging nearly 8%, while the global average is around 5%. Payments can take days or even weeks to process, which can really mess with cash flow. Even businesses that manage to work with banks often find the process slow, manual, and filled with hidden fees.

Our solution:

This isn’t just a business issue; it’s a social one. The cross-border payment system in Africa is broken, and establishing a solid foundation is crucial for driving economic growth on the continent. That’s why we’re creating a digital-first platform that offers multi-currency accounts, virtual cards, and foreign exchange services that are quick, affordable, and specifically designed to meet the needs of every African. This isn’t just a business issue, it’s a social one.

Our differentiator:

We integrate traditional banking with blockchain, allowing users to send USDT while recipients receive it in their preferred currency, with direct bank payouts. Unlike most remittance startups that focus on inbound transfers, we address the complex challenge of moving money within Africa. We believe solving this issue is key to the continent’s economic future, impacting the next billion Africans. For us, it’s more than business—it’s a social mission.

Our biggest achievement:

-We've had significant traction in just a month of launch of virtual cards, EUR & USD accounts. 2000 users in total. -We've been playing around with stablecoins and found a cool way to speed up settlements and cut costs. We've managed to drop transfer fees from 8% down to just 2%, which is way lower than the global average of 5%. -Now, we offer Fiat and Stablecoin (USDT, USDC) liquidity for businesses looking to move money out of emerging markets,not just Africa