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Clea allows Nigerian companies to pay foreign suppliers quickly and transparently
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The fintech offers a mobile app with digital wallets and competitive FX rates
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The startup was founded in 2024 by Sheriff Adedokun
Clea is a fintech solution developed by a Nigerian startup that enables companies to pay international suppliers directly and transparently, without the delays and high costs typical of traditional banking channels. The startup was founded in 2024 by Sheriff Adedokun.
The startup said it simplifies international payments for importers, exporters, and logistics providers by offering fast, compliant, and cost-effective transactions to global suppliers. It said its mission is to support African trade by building modern financial infrastructure that reduces friction related to foreign exchange, settlement, and compliance.
The solution is available through a mobile application on iOS and Android. It positions itself as a technology-driven financial intermediary, connecting African businesses with overseas suppliers by facilitating cross-border payments in foreign currencies such as the U.S. dollar.
Through its system, users can fund a digital wallet, initiate international transfers in a few steps, and access competitive exchange rates. The user experience is designed to be seamless, with registration and verification completed once, after which businesses can make payments quickly based on their operational needs.
As intra-African economic integration deepens, particularly with initiatives such as the African Continental Free Trade Area (AfCFTA), solutions like Clea address one of the main friction points in international trade for SMEs and importers: secure, fast, and affordable cross-border payments. By positioning itself within Africa’s fintech ecosystem, the startup contributes to smoother trade flows, lower operating costs for businesses, and stronger competitiveness in global markets.
Adoni Conrad Quenum