Our Vision
Democratizing Predictable Income
The global economy runs on recurring revenue. Subscriptions, retainers, memberships, salaries. But this infrastructure was built for the privileged few. We're changing that.
The Hidden Tax on African Talent
African freelancers face a brutal "payment penalty" that can consume 15-25% of their earnings through a complex web of platform restrictions, currency conversion losses, late payments, and banking friction.
Over 70% of African freelancers don't get paid on time—more than double the global average of 29%. And 16% receive no payment at all for completed work. Nigeria, Kenya, South Africa, Ghana, and Côte d'Ivoire together host an estimated 17.5 million online gig workers, yet these freelancers operate within financial infrastructure that was never built with their needs in mind.
"Getting good projects from Nigeria is difficult, and most clients immediately lose interest as soon as they realise that you're Nigerian." — Nigerian freelancer, TechCabal
The result is a systemic "valuation drag" where African talent effectively trades at a discount compared to peers in countries with smoother payment rails. Not because of skill differences, but because the friction makes hiring them more complicated.
The Numbers Tell the Story
Client ghosting compounds the problem. Research found that 72% of freelancers have been ghosted by clients after project completion. For African freelancers working with international clients, legal recourse is virtually nonexistent—pursuing payment across jurisdictions costs more than most invoices are worth.
A Patchwork of Exclusion
PayPal's limitations define the African freelancer experience. Nigeria has been restricted to "send-only" accounts since 2014—freelancers cannot receive payments or withdraw to local banks. Ghana lost PayPal functionality entirely in January 2020. Wise suspended USD transfers to Nigeria in November 2022. Stripe remains completely unavailable for payouts across all major African markets.
| Platform | Nigeria | Kenya | South Africa | Ghana |
|---|---|---|---|---|
| PayPal | Send-only | Full | Full | Restricted |
| Wise | USD suspended | Limited | Full | Limited |
| Stripe | Unavailable | Unavailable | Unavailable | Unavailable |
| Payoneer | Available* | Available | Available | Available |
*Nigerian accounts face strict verification and frequent blocks
The workaround involves registering a US LLC through services like Stripe Atlas ($500), obtaining an EIN from the IRS, and opening a US bank account—a complex process requiring significant capital and sophistication that excludes most workers.
Currency: The Silent Wealth Destroyer
Beyond fees, currency instability destroys earnings. The Nigerian Naira lost 70% of its value in 2023-2024. The South African Rand has declined 20%+ over five years. The Ghanaian Cedi collapsed 55% against the dollar in 2022 alone.
For a Nigerian creator earning in Naira, inflation and devaluation mean that money saved today buys less tomorrow. There's no protection, no hedge, no way to store value in a stable currency without jumping through impossible hoops.
"For the modern Nigerian creative, platforms like Binance have effectively displaced traditional banking institutions as the primary custodians of value." — Industry Analysis, 2024
Nigeria processed $22 billion in stablecoin transactions between July 2023 and June 2024. This isn't speculation—it's people desperately seeking a store of value their banking system can't provide.
The Domestic Payment Crisis
The challenges don't stop at borders. Within Africa, over 500 million workers—comprising 70% of the workforce—live paycheck to paycheck with monthly pay cycles. 83-86% of all employment remains informal and predominantly cash-based.
Gym trainers chase monthly membership fees. Domestic workers await wages in cash with no documentation. Freelancers spend days chasing local clients who feel entitled to pay "when they deem fit." The result: 30-50% annual churn for any service trying to collect recurring payments.
Card Payments
- 15% transaction failure rate
- 35-40% annual subscriber churn
- Card expiration disrupts billing
- OTP fatigue causes abandonment
Bank Direct Debit
- <1% transaction failure rate
- 10-12% annual subscriber churn
- Accounts don't expire
- One-time mandate setup
The infrastructure for reliable recurring payments—the backbone of the subscription economy—barely exists outside South Africa. Kenya's M-PESA, the world's most successful mobile money system, only launched standing orders in October 2024. Two decades after M-PESA's original introduction.
What We're Building
We believe predictable income should be a right, not a privilege. That's why we're building the payment infrastructure that makes recurring revenue work for everyone—not just those lucky enough to be born in the right country.
Automatic Collection
Card on file. Direct debit. Mobile money mandates. Whatever works in your market, we make it automatic. No more chasing payments.
Local Payouts
Money lands in your bank account or mobile wallet. In your currency. No intermediary wallets trapping your funds.
Income Proof
Real pay stubs. Verifiable income statements. The documentation banks and landlords actually accept—generated automatically from your earnings.
Value Protection
Hold earnings in stable currency. Cash out when rates are favorable. Your money, your timing—not forced conversion at unfavorable rates.
The Opportunity Ahead
The true value of Africa's remote workforce exceeds $40 billion when combining formal remittances with stablecoin volume—massive economic activity flowing through informal channels because the official rails cannot accommodate it.
With the right infrastructure:
- Addressable market doubles. From 65 million people (card holders only) to 128 million (including mobile money and bank debit users).
- Churn drops by 60%. From 35% annual with cards to under 12% with proper recurring infrastructure.
- Creator lifetime value quadruples. Lower churn means subscribers stay 4x longer, generating 4x more revenue.
- The unbanked get access. Mobile money reaches 96% of Kenya. Crypto wallets need only a phone. Financial inclusion becomes real.
This isn't charity. It's unlocking billions in economic value currently trapped behind broken infrastructure. Every Nigerian developer, Kenyan designer, and South African consultant who can finally get paid reliably is productivity added to the global economy.
Join Us
We're building the payment infrastructure African talent deserves. The infrastructure that makes predictable income possible for everyone—regardless of which country issued their passport.
Whether you're a creator seeking reliable payments, a company looking to pay African talent fairly, or someone who believes financial infrastructure should work for everyone—we want to hear from you.