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Ivorypay Bankless Transactions for African Businesses

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Ivorypay

Ivorypay

Ivorypay is a crypto payment gateway that enables businesses in Africa to get paid in stable cryptocurrency and diversify their revenue stream through Defi and NFTs.
Cross border payment is still quite expensive and increasingly difficult in Africa, especially in countries like Nigeria where restrictions have been placed on dollar based transactions.
Also, more people are adopting crypto in Africa. Over $100 billion worth of crypto was sent into Africa between June 2020 – July 2021, a 16% increase during the year period. However, there is very little they can do with those crypto currencies. It mostly cannot be spent in its form to cater for their day to day expenses until they change it to fiat through p2p transactions.
Our goal is simply to create a blockchain based payment solution that powers seamless and cheap cross-border transactions in Africa without FX restrictions and also create better spend use cases for the exponentially growing base of crypto adopters on the continent

SectorsBlockchain, Fintech
LocationLagos, Nigeria
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