Lagos-based fintech startup, Daya, has raised $2.4 million in a pre-seed funding round to expand its stablecoin-powered cross-border payments platform, as investor interest grows in blockchain infrastructure for global commerce.
The round was led by
with participation from
- Lattice,
- Alliance,
- Globelink Holding, and
- the Aptos Foundation.
Founded in 2025 by former Circle executive Aleph Lasebikan and Paul Joe, Daya is building financial infrastructure that allows businesses to collect local payments, convert currencies using stablecoins, and settle globally through a single platform.
The startup aims to hide the complexity of blockchain while reducing the cost and delays associated with traditional cross-border payments.
This Alliance DAO Nigerian Alumni Wants to Cut the Cost of Cross-Border Business Payments to as Little as 0.1% via Stablecoins
The new funding will support product development and expansion as Daya targets exporters, startups, freelancers, and businesses that regularly move money across borders.
The raise reflects a broader shift in African fintech, where startups are increasingly leveraging stablecoins to modernize international payments and treasury operations rather than focusing solely on consumer crypto services.
STABLECOINS | Nigerian Startup, Grey, Processes Over $60 Million via Stablecoins in Just 4 Months After Product Launch
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