What Blaaiz does

Blaaiz is a Canadian-headquartered cross-border financial infrastructure company founded in 2023 by Ifelade Ayodele, operating with multi-jurisdictional licenses (FINTRAC MSB in Canada, CBN International Money Transfer Operator in Nigeria, FinCEN MSB in the US, and Bank of Canada authorization) and ISO 27001, ISO 22301, PCI DSS, and NDPR compliance. Its product portfolio centers on a unified Platform API that supports payouts to 180+ countries via SWIFT, SEPA, ACH, BACS, and crypto rails, virtual IBAN and local account issuance in NGN, USD, GBP, and EUR, native USDT and USDC support across seven blockchain networks, and FX with locked rates, exposed through PHP, Node.js, and Python SDKs with OAuth 2.0 client credentials and granular scopes. Layered on top are consumer and business products: Blaaiz Personal for diaspora remittances into Nigeria, Kenya, Ghana, Uganda, and Tanzania; Blaaiz Business for African companies paying international suppliers and receiving USD/GBP/EUR; Blaaiz Virtual Cards for USD spending; Blaaiz Digital Assets for stablecoin management; and Blaaiz Rewards and Compliance modules.

The company runs three parallel go-to-market motions: a product-led consumer app (iOS and Android) with self-serve onboarding, an API-first B2B motion targeting fintechs, remittance apps, and marketplaces with go-live in 48-72 hours, and an enterprise field-sales motion for African businesses operating globally. Revenue is generated through transaction fees, FX spreads on currency conversions, and API/platform service charges; pricing is not publicly disclosed but is presented transparently before each transfer. Operating geographies span West and East Africa (Nigeria, Ghana, Kenya, Uganda, Tanzania), North America (Canada, US), and Europe (UK, EU), with registered offices in Toronto, Lagos, and Accra and a US subsidiary.

Name

Blaaiz

Legal name

Blaaiz Innovations Technology Ltd

Website

https://blaaiz.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

Blaaiz is a Canadian-founded cross-border payment infrastructure company providing consumer remittances, multi-currency business accounts, virtual IBANs, stablecoin rails, and a unified API for payouts to 180+ countries, primarily serving African diaspora senders, African importers, fintech builders, and ecommerce marketplaces.

Ownership category

akta.pro rank

Product category

Cross-Border Payment Infrastructure

NAICS

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

SIC

Finance Services (6199), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

SME & Business Cross-Border Payments (B2B) (FSAMAIAB)

akta.pro secondary industries

Cross-Border B2B2C Payouts (Mass Payouts, Gig/Creator, Marketplace) (FSAGAKAC), Trade & Invoice Payments (Cross-Border B2B) (FSAMAIAL), Crypto Payment Gateways & Checkout APIs (FSADAIAA)

Keywords

• Cross-border payments
• Payment infrastructure API
• Remittance services
• Multi-currency business accounts
• Stablecoin rails

Headquarters

HQ city

Etobicoke

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

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

Revenue model

1. Transaction Fees: Flat or percentage transaction fees on every payment sent or received, potentially subject to minimum and maximum amounts depending on currency and payment rail.
2. FX Spreads: Revenue generated from exchange rate margins on currency conversions. Transparent fees disclosed before every transfer with best FX rates claimed.
3. API/Platform Services: Revenue from B2B API access for fintech companies, remittance apps, and marketplaces building on Blaaiz infrastructure.

Go-to-market motion3 records

Distribution channels6 records

Marketing channels10 records

Core offering

Blaaiz is a cross-border financial infrastructure platform that enables money movement to 180+ countries via unified APIs (SWIFT, SEPA, ACH, BACS, crypto rails). It offers consumer remittance (Blaaiz Personal), multi-currency business accounts (Blaaiz Business), a developer API for payouts, collections, virtual accounts and FX (Blaaiz Platform), plus stablecoin (USDT/USDC) digital asset services and virtual cards.

Product overview

Blaaiz is a cross-border financial infrastructure company offering a multi-product portfolio centered on its core Platform API. The product lineup consists of consumer-facing solutions (Blaaiz Personal for diaspora remittances, Blaaiz Business for enterprise cross-border payments), a developer-focused API product (Blaaiz Platform for fintech integrations), and complementary modules including Stablecoins/Digital Assets for crypto operations, Virtual Cards for global spending, International Bank Accounts for multi-currency receipt, Remittance and Money Transfer services, Rewards program, and Compliance tools. The ecosystem is unified by a mobile app and operates across 180+ countries for payouts.

Differentiator

Problem solved

Functional benefit

Products and services

• Blaaiz Personal Consumer-facing cross-border money transfer product enabling Africans in the diaspora to send money to Nigeria, Kenya, Ghana, Uganda, Tanzania and more. Features best exchange rates, fast transfers, transparent fees, and linked stablecoin wallet.
• Blaaiz Business Business account for African companies operating globally. Enables paying suppliers in Canada, US, UK, EU in their currency. Provides dedicated USD, GBP, EUR account numbers with multi-currency balance management.
• Blaaiz Platform Unified API for payouts to 180+ countries, global collections, virtual IBANs, stablecoin rails, and FX. Built for fintech companies, remittance apps, ecommerce platforms, and marketplaces. PHP, Node.js, and Python SDKs available.
• Blaaiz Stablecoins Digital asset management for holding USDT and USDC as hedge against local currency volatility. Enables sending stablecoins globally at near-zero cost, receiving them, and converting to or from fiat at live rates.
• Blaaiz Virtual Cards Virtual USD card for global online payments and subscription management. Features spending limit controls, freeze/reactivate functionality, eco-friendly design, detailed transaction statements, and instant card creation.
• Blaaiz International Bank Account Virtual international bank accounts in USD, GBP, and EUR. Enables receiving global transfers directly into wallets via ACH and wire transfer. Accepts international payments from clients, businesses, family and friends.
• Blaaiz Remittance Global remittance service with transparent transfer fees and best exchange rates. Features responsive customer support, commitment to accountability and transparency, and focus on fostering intragenerational mobility in developing markets.
• Blaaiz Rewards Customer reward program featuring Referral Bonus (C$10 per referral), Milestone Bonus ($10 cashback for $500+ transfers), and Tiering System with premium benefits based on lifetime cumulative payout achievement.
• Blaaiz Compliance Fraud prevention and compliance platform featuring real-time transaction monitoring, KYC verification, fraud alerts, account reviews, and protection against identity theft, phishing, fake investments, and social media scams.
• Blaaiz Digital Assets Comprehensive digital asset management platform supporting multiple blockchain networks (Ethereum, Solana, Bitcoin, Polygon, BSC, Tron, Base). Features real-time market intelligence, instant asset swaps, direct fiat off-ramps, and verified recipient profiles.

Quantifiable outcome

• Go-live in 48-72 hours for API integration
• +3 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

AI capability1 record

Feature8 records

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Verto: B2B cross-border payments platform serving emerging market businesses with multi-currency accounts and FX. Directly comparable on B2B cross-border API offering, virtual accounts, and focus on businesses operating between developed and emerging markets.
• Wise (formerly TransferWise): Global cross-border payments platform with multi-currency accounts and payouts across 160+ countries. Directly comparable on cross-border B2B payments, virtual account issuance, and developer API offering, though with substantially greater scale and broader corridor coverage.
• Sendwave: Cross-border remittance app focused on African and Asian corridors, now part of Zepz. Directly comparable on diaspora remittance to African countries, mobile-first product, and zero-to-low fee positioning.
• LemFi: Canadian-founded fintech focused on remittances and multi-currency accounts for African diaspora. Directly comparable on Canada→Africa corridor, multi-currency wallet, and diaspora-first positioning with strong Nigerian and Ghanaian flow.
• WorldRemit: Global digital remittance platform serving diaspora corridors across Africa, Asia, and Latin America. Directly comparable on cross-border consumer transfers to Nigeria and other African countries with mobile wallet and bank deposit options.
• Remitly: Publicly-traded digital remittance company focused on diaspora senders, with strong corridors into the Philippines, India, and Latin America and a growing presence in African markets. Directly comparable on consumer remittance product, mobile-first UX, and B2B API (Remitly Bridge).
• Chipper Cash: African cross-border payments and remittance app serving users across the continent and the diaspora. Directly comparable as a mobile-first, African-corridor-focused remittance and business payments platform with multi-country payout rails.
• Taptap Send: Mobile remittance app offering zero-fee transfers to corridors in Africa, the Caribbean, and Asia. Comparable on consumer diaspora remittance, mobile-first PLG motion, and corridor focus on African countries including Nigeria, Ghana, and Kenya.

Broad incumbents

• Flutterwave: Pan-African payments infrastructure company offering payment processing, remittance APIs, and business accounts across the continent. Comparable on African business payment infrastructure, though Flutterwave plays more broadly in merchant acquiring while Blaaiz is focused on cross-border B2B.

Emerging players

• Yellow Card: African stablecoin on/off-ramp and payments platform operating across 20+ African countries. Comparable on stablecoin rails and fiat-crypto bridging for African users, though Yellow Card is more retail-focused and less oriented to diaspora remittance.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/myBlaaiz
• GitHubgithub.com/blaaiz
• YouTubeyoutube.com/@myBlaaiz
• Facebookfacebook.com/Blaaiz-100092754129851
• LinkedInlinkedin.com/company/blaaiz
• Instagraminstagram.com/myblaaiz
• TikToktiktok.com/@myblaaiz

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors

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 Blaaiz