Stablecoin Payment Startup Daya Raises $2.4M Pre-Seed Led by Hivemind Capital, Targets African Cross-Border Payments

News Editor

2026-06-26 08:01:23

Daya, a stablecoin-native payment company focused on Africa, has raised $2.4 million in Pre-Seed funding led by Hivemind Capital, with participation from Lattice, Alliance, Globelink, and Aptos Foundation. Founded by Nigerian entrepreneurs Aleph L and Paul Joe—who previously co-founded Helicarrier, an early African crypto exchange and stablecoin remittance platform—Daya aims to build a unified financial operations layer for cross-border enterprises in Africa. Its single dashboard integrates local banks, forex, crypto on/off ramps, and payment processors to automatically route optimal payment paths.

Funding Overview

Daya, a stablecoin-native payment company, has completed a $2.4 million Pre-Seed funding round. The round was led by Hivemind Capital, with participation from Lattice, Alliance, Globelink, and Aptos Foundation. The capital will be used for product development and expansion into African markets.

Founding Team Background

Daya was co-founded by Nigerian entrepreneurs Aleph L and Paul Joe. The duo previously co-founded Helicarrier, an early African crypto exchange and stablecoin remittance platform, and held roles at Circle, Microsoft, and Lyrik Ventures. This expertise provides Daya with deep technical and industry resources for stablecoin payments.

Product Positioning and Market

Daya aims to build a unified financial operations layer for African cross-border enterprises. Its single dashboard integrates local banks, forex, crypto on/off ramps, and payment processors, automatically routing optimal payment paths. This solution is expected to simplify the complex processes faced by African enterprises in cross-border payments, reducing costs and improving efficiency. The growing demand for stablecoin payments in Africa underscores the capital market's interest in this sector.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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