Paychant
Paychant is a B2B2C fintech providing fiat-to-stablecoin on/off-ramp infrastructure across five African markets, connecting local mobile money and bank rails to USDC, USDT, and cUSD via APIs and a plug-and-play widget for partner platforms.
- Company typePrivate
- Founded2019
- HeadquartersLondon, United Kingdom
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What Paychant does
Paychant is a B2B2C fintech company that provides fiat-to-stablecoin on/off-ramp infrastructure targeted at African markets. Founded in 2019 and incorporated as Paychant Limited in England and Wales (company number 12492214), the company is headquartered in London with a regional office in Lagos, Nigeria, and operates as a fully remote, distributed workforce. Its core platform connects Africa's fragmented local payment rails — including mobile money networks (M-Pesa, MTN MoMo, Airtel Money, Vodafone Cash) and local bank transfers across Ghana, Kenya, Nigeria, Uganda, and Zambia — to four stablecoins (USDC, USDT, cUSD) spanning six blockchains (Celo, Ethereum, Polygon, Solana, Stellar, Tron). The company has reported processing more than 1 million transactions. The product surface consists of three integrated offerings: a plug-and-play Widget that integrates in under 30 minutes via a few lines of code, headless REST APIs with real-time webhooks for custom integrations, and a direct consumer-facing web flow at paychant.com/buy. Built-in KYC/AML compliance is handled on behalf of integrating partners, abstracting regional regulatory complexity.
Paychant targets stablecoin wallet providers, FX and remittance platforms, USD savings applications, and investment platforms serving African end users. Customer segmentation is horizontal — Paychant is positioned as infrastructure rather than a vertical-specific solution, serving partners who embed the widget or APIs into their own products. Reported performance characteristics include fiat-to-stablecoin on-ramp settlement in under 5 minutes and off-ramp settlement to local bank accounts and mobile money within 30 minutes. Backers include Celo Camp, Flori Ventures, Allegory, CoinList Seed, and angel investors affiliated with Celo Foundation, cLabs, Circle, and Co:Create Ink.
Paychant's revenue model is transaction-based: the company charges a take rate on fiat-to-stablecoin and stablecoin-to-fiat conversions, disclosed at the point of transaction and non-refundable once paid, with network/gas fees passed through separately. Specific fee percentages are not publicly disclosed. The go-to-market is API-first and channel-partner-driven — partners integrate Paychant's widget or APIs into their platforms — supported by developer documentation (developer.paychant.com), a Discord community, and direct sales outreach. Disclosed funding totals approximately $500,000 across a 2020 seed from Flori Ventures ($100,000), a 2021 round from Allegory Labs and Ride Wave Ventures ($400,000), and a 2022 CoinList Seed round of undisclosed size, alongside strategic angel backing.
Paychant firmographics
Firmographics- Name
- Paychant
- Legal name
- Paychant Limited
- Website
- https://paychant.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Paychant is a B2B2C fintech providing fiat-to-stablecoin on/off-ramp infrastructure across five African markets, connecting local mobile money and bank rails to USDC, USDT, and cUSD via APIs and a plug-and-play widget for partner platforms.
- Ownership category
- akta.pro rank
Paychant industry classification
Industry- Product category
- Crypto Payment Infrastructure
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- Crypto Payment Gateways & Checkout APIs (FSADAIAA)
- akta.pro secondary industries
- Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Crypto Remittance & Cross-Border Money Transfer Providers (FSADAIAD), Payments, Remittances & Merchant Acceptance (checkout, invoicing, payroll) (FSAPAEAE), Cross-Border Payments & FX (multi-currency wallets, DCC, remittance) (THALAHAE), Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN)
Keywords
Where Paychant is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices2 records
Markets served
Paychant business model
Business model- GTM type
- B2B
- Offering type
- Software
Revenue model
- Transaction Fees: Paychant charges transaction fees for processing fiat-to-stablecoin and stablecoin-to-fiat conversions. Fees are disclosed at the time of transaction and are non-refundable once paid. Additional network/gas fees from blockchain transactions may apply and are separate from Paychant fees.
- API/Widget Integration Fees: Partners integrating Paychant's widget may incur additional partner fees disclosed during the transaction process.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Transaction-based pricing for on/off-ramp services |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
Paychant product offering
Product offeringCore offering
Paychant provides stablecoin on/off-ramp payment infrastructure for Africa, helping businesses convert stablecoins to local fiat currencies and vice versa in a compliant manner. The platform exposes a pre-built widget and headless APIs that partners integrate to enable users to fund wallets with local currency (mobile money, bank transfer, or card) and cash out stablecoins to local fiat. The infrastructure handles KYC/AML, sanctions screening, and multi-rail settlement.
Product overview
Paychant is a B2B fintech platform that provides stablecoin payment infrastructure for Africa's financial ecosystem. The core offering consists of three integrated products: the Paychant Ramp (stablecoin on/off-ramp widget), the Paychant Widget (plug-and-play integration), and Headless APIs (custom API integration). Together, these products enable businesses to offer fiat-to-stablecoin conversions through Africa's local payment networks including mobile money (MPesa, MTN MoMo, Airtel Money, Vodafone) and local bank transfers, supporting USDC, USDT, and cUSD across Celo, Ethereum, Polygon, Solana, Stellar, and Tron blockchains.
Differentiator
Problem solved
Functional benefit
Products and services
- Paychant Ramp (Stablecoin On/Off-Ramp)
Companies that use Paychant
Customer profileSegments4 records
Paychant technology and API
TechnologyAPI detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration11 records
Feature4 records
Paychant partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core.
- Circle (USDC Issuer)coreJeremy Allaire, CEO of Circle, publicly acknowledged Paychant's USDC on/off ramp expansion in Africa. Paychant supports USDC across multiple blockchains.
- Celo FoundationcorePaychant supports cUSD on Celo blockchain. Rene Reinsberg (Co-Founder of Celo, President of Celo Foundation) and Marek Olszewski (Co-Founder Celo, CTO of cLabs) are listed as backers.
- M-PesacoreM-Pesa is supported as a payment method for stablecoin transactions in Kenya and other markets where M-Pesa is available.
- MTN MoMocoreMTN Mobile Money is supported as a payment method for stablecoin transactions across Paychant's African markets.
- Airtel MoneycoreAirtel Money is supported as a payment method for stablecoin transactions.
- Vodafone CashcoreVodafone Cash is supported as a payment method for stablecoin transactions in Ghana.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Paychant competitors and assessment
Company assessmentDirect peers
- Yellow Card: Pan-African crypto on/off-ramp and exchange platform operating across multiple African countries. Directly comparable to Paychant in target markets, product (fiat-to-stablecoin conversions), and partner-led distribution, though larger and better capitalized.
- Bitnob: African fintech providing stablecoin wallets, on/off-ramps, and cross-border remittances, with presence in Nigeria, Ghana, Kenya, Uganda, and other African markets. Directly competes with Paychant on fiat-to-stablecoin conversion and remittance use cases.
- Kotani Pay: Africa-focused crypto on/off-ramp infrastructure that enables fintechs to offer stablecoin services via local payment methods. Closely comparable to Paychant in B2B2C model and African corridor focus.
Broad incumbents
- MoonPay: Global fiat-to-crypto on-ramp provider offering wallet and checkout APIs across many countries. Comparable to Paychant on API-first stablecoin purchase flow but operates at much broader scale and is expanding into African markets.
- Transak: Global fiat-to-crypto ramp infrastructure provider with developer APIs and broad payment method coverage. Directly comparable product offering to Paychant but with global geographic footprint rather than Africa-specific focus.
- Luno: Global cryptocurrency exchange with strong African presence (Nigeria, South Africa, Kenya, Uganda, Zambia). Comparable to Paychant on fiat-to-stablecoin conversion in the same countries, though Luno also operates a full exchange and custody product.
Emerging players
- Onramper: Aggregator of fiat-to-crypto on-ramp providers, offering a single API that routes to multiple ramps. Relevant to Paychant as both a potential integration partner and an emerging competitive layer sitting above individual ramps.
- NoOnes (formerly Paxful): Peer-to-peer crypto marketplace with significant African user base and stablecoin trading. Relevant to Paychant as an alternative path for African users to access stablecoins via local payment methods.
Regional players
- Chipper Cash: Pan-African cross-border payments app serving Ghana, Kenya, Nigeria, Uganda, and others. Comparable to Paychant on African payment rail access and target customer base, with growing crypto/stablecoin functionality that overlaps Paychant's use cases.
- Bitmama: African crypto on/off-ramp and remittance platform operating in Nigeria, Ghana, Kenya, and South Africa. Comparable to Paychant on stablecoin cash-in/cash-out services targeting African retail and business users.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Paychant social profiles
Digital presencePaychant compliance and trust
Trust signalCompliance2 records
Paychant financial estimates
Financial estimateRevenue estimate
Valuation estimate
Paychant leadership team
Management profileNumber of profiles
Paychant funding detail
Funding detailFunding overview
Funding rounds3 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Paychant M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Paychant
What does Paychant do?
Paychant provides stablecoin on/off-ramp payment infrastructure for Africa, helping businesses convert stablecoins to local fiat currencies and vice versa in a compliant manner. The platform exposes a pre-built widget and headless APIs that partners integrate to enable users to fund wallets with local currency (mobile money, bank transfer, or card) and cash out stablecoins to local fiat. The infrastructure handles KYC/AML, sanctions screening, and multi-rail settlement.
Is Paychant a public or private company?
Paychant is a private company. It is classified as venture growth investor backed and is currently operating.
When was Paychant founded?
Paychant was founded in 2019. It employs 251 to 500 people.
Where is Paychant based?
Paychant is headquartered in London, United Kingdom, in the Europe region.
How does Paychant make money?
Two revenue lines are on record. Transaction Fees are the primary driver. The others are API/Widget Integration Fees.
Who are Paychant's main competitors?
Direct peers on record are Yellow Card, Bitnob and Kotani Pay. Broad incumbents are MoonPay, Transak and Luno. Emerging players are Onramper and NoOnes (formerly Paxful). Regional players are Chipper Cash and Bitmama.
Does Paychant have an API?
Yes. Paychant offers a comprehensive API for fiat-to-stablecoin conversions. The API supports real-time webhooks and event handling, enabling developers to integrate stablecoin on/off-ramp functionality into mobile or web applications. The widget integration requires just a few lines of code and can be completed in under 30 minutes. Available endpoints include REST API reference with rate limiting. Partners receive an API key for authentication. Developer documentation is at developer.paychant.com.
What industry is Paychant in?
Paychant's product category is Crypto Payment Infrastructure. Its primary akta.pro industry code is FSADAIAA, Crypto Payment Gateways & Checkout APIs, with a secondary code of BPAMAFAL, Crypto Payments & Stablecoin Settlement Platforms. Its NAICS code is 522320 and its SIC code is 6200.