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Afriex

Stablecoin-powered remittances for Africa

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About

Afriex is a remittance app using stablecoins to power instant, low-cost cross-border transfers, with a focus on US-to-West-Africa corridors and diaspora users. It supports multi-currency transfers in USD, GBP and EUR.

Early mover applying stablecoins to mobile-first African remittances.

Stablecoins

USDCUSDT

Key products

Remittance appMulti-currency wallet

Chains

StellarEthereum
Founded
2019
HQ
San Francisco, USA
Stage
Series A
Funding
$10M Series A (2022), led by Sequoia Capital China and Dragonfly

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