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Kotani Pay, based in Nairobi, Kenya, provides on-ramp and off-ramp infrastructure, connecting Web3 users to local African payment channels for digital asset cash-in and cash-out via USSD. This B2B platform bridges blockchain and fiat for remittances and financial services, processing $23 million in transfers to date with an average transaction size of $150,000. It secured $2 million in pre-seed funding in September 2023, led by P1 Ventures, with participation from DCG/Luno, Flori Ventures, and Adaverse. Its enterprise platform serves customers like Yellowcard, Fonbank, Celo’s Valora, and UNICEF Crypto Innovation Fund across Kenya, Ghana, Zambia, and South Africa. Kotani Pay was founded in 2020 by Felix Macharia, Samuel Kariuki, Brian Kimotho, Jonathan Morgan, Lemuel Okoli, Daniel Kimotho, and Stephen Kiarie.
Kotani Pay has raised $2.0M across 1 funding round.
Kotani Pay has raised $2.0M in total across 1 funding round.
Kotani Pay has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Pre-Seed in September 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 4, 2023 | $2M Pre Seed | P1 Ventures | Adaverse, Digital Currency Group, Flori Ventures, Peer VC | Announced |
Kotani Pay has raised $2.0M in total across 1 funding round.
Kotani Pay's investors include P1 Ventures, Adaverse, Digital Currency Group, Flori Ventures, PEER VC.
