What Capi Money does

Capi Money is a London-headquartered digital payments and FX infrastructure provider that enables businesses in emerging markets, primarily African importers, to pay international suppliers in 30+ currencies. Founded in 2023, the company operates a multi-currency digital wallet platform with real-time FX rate quoting (2-hour quote validity), real-time payment tracking dashboards, and 24-hour settlement compared to weeks-long traditional bank processing. The underlying architecture integrates with local banks and payment service providers across multiple countries to enable local currency payouts to beneficiaries.

The company generates revenue through FX spread (markup on mid-market exchange rates applied per transaction) rather than explicit service fees, with pay-as-you-go billing. Its go-to-market is multi-channel: a self-serve product-led growth motion via app.capimoney.com targeting SMB importers, a sales-led enterprise motion for mid-market importers in eight African countries, and a channel partner (FX Partner) program serving money transfer businesses and financial institutions requiring local currency (XOF, XAF) access.

Capi Money holds a UK Financial Conduct Authority Electronic Money Institution (EMI) license obtained in January 2026 and a Canadian Money Services Business registration with FINTRAC (registration M23576825). The corporate structure comprises Capi Money Inc. (Delaware parent), Capi Money Canada Ltd. (Ontario operating entity), and the London-based operating headquarters. The company has raised a $17.97M Series A (February 2025) led by Creandum with participation from Firstminute Capital, Janngo, Maiora Ventures, Pioneer Fund, Raba Partnership, Rebel Fund, and Y Combinator, following an earlier 2023 round with Y Combinator, Musha Ventures, Pioneer Fund, and Unpopular Ventures.

Name

Capi Money

Legal name

Capi Money, Inc.

Website

https://capimoney.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

51–100 employees

Short description

Capi Money is a London-headquartered fintech that provides a multi-currency digital wallet and FX platform enabling emerging market importers, primarily in Africa, to pay international suppliers in 30+ currencies with 24-hour settlement versus traditional bank timelines.

Ownership category

akta.pro rank

Product category

Cross-Border Payments

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Cross-Border & FX Payments Platforms (BPAMAFAK)

akta.pro secondary industries

Multi-Currency Accounts, Wallets & FX Management (Consumer/SME) (FSAGAKAF), FX Conversion, Pricing & Hedging Infrastructure (Treasury/Rate Engines) (FSAGAKAG), Multi-Currency Accounts, Wallets & IBAN Services (FSAMAIAG)

Keywords

• Cross-border payments
• Foreign exchange services
• Multi-currency digital wallet
• Emerging markets fintech
• International B2B transfers

Headquarters

HQ city

Wilmington

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Operations, Personnel, Others, Marketing or Sales, Infrastructure

Revenue model

1. FX Spread Revenue: Revenue generated through a slight markup on market exchange rates for each FX transaction. No explicit service fees charged. Customers pay through the spread between mid-market rate and rate offered by Capi.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Capi Money operates a regulated payments and FX platform that enables businesses in emerging markets (primarily African importers) to pay international suppliers in 30+ currencies with competitive FX rates, 24-hour settlement, and real-time payment tracking. The platform also offers an FX Partner Program allowing money transfer businesses to access local currencies at competitive rates.

Product overview

Capi Money offers a unified payments platform for importers in emerging markets, combining FX services with international payment capabilities. The core Capi Money Platform enables businesses to pay suppliers in 30+ currencies with real-time tracking and 24-hour settlements. The FX Partner Program extends these capabilities to money transfer companies seeking local currency access. The company operates as a regulated service, holding an FCA EMI license and Canadian MSB registration, with funds held at licensed financial institutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Capi Money Platform A payments and financial infrastructure platform enabling businesses in emerging markets (primarily African importers) to pay international suppliers in 30+ currencies, with real-time tracking, competitive FX rates, and 24-hour settlement. Customers self-serve sign-up at app.capimoney.com with same-day first transfer capability.
• FX Services Foreign exchange services providing access to USD, EUR, GBP, CNY and 30+ emerging market currencies at competitive rates for international invoice payments. Quotes are valid for 2 hours and revenue is generated through a slight markup on market exchange rates.
• FX Partner Program A partner program enabling money transfer businesses, payment service providers, and financial institutions to access local currencies (XOF, XAF) at competitive rates with secure settlement through licensed financial institutions. Partner inquiries are handled via JotForm.

Quantifiable outcome

• 24-hour payment settlement vs weeks with traditional banks
• +1 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• Capi Money Inc (Parent Holding)coreOthersCapi Money Inc is the holding company incorporated in Delaware, USA (registration 7262022) at 169 Madison Ave #2448, New York, NY 10016. The group includes Capi Money Canada Ltd and other entities supporting the global payment services.
• Payment Service Providers (PSPs)coreTechnology or IntegrationThird-party financial institutions (local banks) that support Capi services by providing payment services to beneficiaries. PSPs are critical infrastructure partners enabling local currency payouts across supported countries.
• UK Financial InstitutionscoreTechnology or IntegrationLicensed financial institutions in the UK where customer funds are held, supporting FCA-regulated e-money services. Funds are held separately from operational funds.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Verto: B2B cross-border payments platform focused on emerging markets, particularly Africa and Asia. Highly comparable to Capi Money in business model, target customer (importers and SMEs), and emerging market FX focus.
• WorldRemit: Cross-border money transfer platform with deep African corridor coverage, serving both consumer remittances and B2B transfers. Comparable to Capi Money in target geographies and customer types, though WorldRemit skews more consumer/Remitly-adjacent.
• Flutterwave: Africa-focused payments infrastructure company offering payment processing, FX, and cross-border solutions. Comparable in geographic focus and African market expertise, though Flutterwave has broader payment acceptance capabilities beyond pure B2B supplier payments.
• Chipper Cash: Africa-focused fintech offering cross-border payments and FX services to consumers and businesses. Comparable in geographic focus and African corridor emphasis, with overlapping customer segments among African SMEs and importers.
• Remitly: Publicly listed digital remittance company with strong African corridor presence. Comparable on cross-border payments infrastructure and African market focus, though Remitly is primarily consumer remittance-skewed while Capi Money targets B2B importers.
• Nium: B2B cross-border payments infrastructure platform offering multi-currency accounts, FX, and global payouts. Comparable in serving enterprise and SME B2B cross-border payment needs with multi-currency wallet functionality.

Broad incumbents

• Wise: Publicly listed cross-border payments platform offering multi-currency accounts and FX services to individuals and businesses globally. Directly comparable to Capi Money's B2B cross-border payments offering, though Wise has broader currency coverage and significantly more capital; Capi differentiates on emerging market currencies and African corridors.
• Payoneer: Publicly listed B2B cross-border payments platform serving SMBs, freelancers, and enterprises with multi-currency accounts and international payment capabilities. Comparable in core B2B cross-border payment offering, though Payoneer operates at much larger scale and broader currency set.
• dLocal: Publicly listed payments processor specializing in emerging markets, enabling global merchants to accept payments and pay out in local currencies. Comparable in emerging market payment infrastructure focus, though dLocal operates more on the merchant acquiring side versus Capi Money's B2B supplier payment focus.

Emerging players

• LemFi: Cross-border payments platform focused on African diaspora and SME payments between Africa, UK, and Canada. Comparable in target corridors (Africa ↔ UK/Canada) and emerging market FX focus, though LemFi is more consumer-skewed while Capi Money is B2B-focused.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds2 records

Investors10 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Capi Money