Tender

What Tender does

Tender (operating as Tender Trade Ltd., with parent company Tender Payments Inc.) is a Nigeria-domiciled fintech company that provides cryptocurrency payment processing infrastructure for merchants. The company's platform enables businesses to accept digital asset payments from customers across online and in-person channels while receiving settlements in local fiat currencies, thereby abstracting away crypto volatility and the underlying technical complexity. Tender supports more than 300 digital assets across 20+ blockchain networks.

The product surface comprises Tender Merchant as the core platform, supplemented by a POS Terminal for in-person payments at physical retail locations, APIs and Plugins for online and e-commerce integration, Payment Links for simplified checkout, and an Agent SDK (shipped as @tender-cash/agent-sdk-react) that allows developers to embed payment components directly into merchant applications. The underlying architecture is blockchain-based digital asset payment infrastructure with a fiat settlement engine; crypto-to-fiat conversion is performed via partner exchanges rather than in-house.

Tender generates revenue through transaction-based fees, specifically processing, network, conversion, and settlement fees on digital asset transactions. The go-to-market is primarily API-first and product-led, with self-serve merchant onboarding at merchant.tender.cash and direct sales engagement via Calendly for enterprise prospects. The company serves three primary segments: physical retail stores accepting in-person crypto payments, digital platforms and e-commerce merchants integrating online checkout, and global marketplaces requiring multi-chain asset support. Tender holds compliance posture across Nigeria's NDPA, NDPR, CBN regulations, AML/CFT laws, and GDPR.

Name

Tender

Legal name

Tender Payments Inc.

Website

https://tender.cash

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Tender provides crypto payment processing infrastructure that enables merchants to accept 300+ digital assets across 20+ blockchain networks and settle in local fiat. The Nigeria-domiciled fintech serves physical retail, e-commerce platforms, and global marketplaces.

Ownership category

akta.pro rank

Product category

Cryptocurrency Payment Processing

NAICS

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

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)

akta.pro secondary industries

POS, QR & In-Person Acceptance Infrastructure (Crypto) (FSADAIAI), Crypto Payment Gateways & Checkout APIs (FSADAIAA), Settlement, Reconciliation & Merchant Treasury Tools (Crypto) (FSADAIAK)

Keywords

• Crypto payment processing
• Digital asset acceptance
• Merchant payment infrastructure
• Blockchain payment gateway
• Fiat settlement platform

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Payment Processing Fees: Tender charges processing, network, conversion, and settlement fees in connection with digital asset transactions. The platform facilitates crypto-to-fiat conversion for merchants accepting digital asset payments.
2. Exchange Services: Exchange services for converting digital assets to fiat currencies are provided by Tender's partner exchanges, generating revenue through spreads or transaction fees on conversions.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Tender provides a merchant-facing crypto payment processing platform that lets businesses accept 300+ digital assets across 20+ blockchain networks through online channels (APIs, plugins, payment links) and in-person channels (POS terminal). Merchants receive settlement in local fiat currency, abstracting away crypto volatility. The platform has processed over $18M in payments and is operated by Tender Trade Ltd. (Nigeria) under parent Tender Payments Inc.

Product overview

Tender Merchant is a unified crypto payment platform offering multi-channel payment acceptance for merchants. The core product combines a merchant dashboard with multiple integration modules: a POS Terminal for in-person hardware payments, APIs and Plugins for online/e-commerce integration, Payment Links for simplified checkout, and an Agent SDK for custom application development. Merchants can accept 300+ digital assets across 20+ blockchain networks while receiving settlements in local fiat currency. The platform processes over $18 million in transactions.

Differentiator

Problem solved

Functional benefit

Brands

• Tender Agent SDK: React SDK for integrating crypto payments into websites and applications

Products and services

• Tender Merchant Unified crypto payment processing platform that enables merchants to accept digital asset payments through online and in-person channels with settlement in local fiat currencies. Includes merchant dashboard, multi-chain support, and fiat payout infrastructure.
• POS Terminal Hardware point-of-sale terminal that lets physical retail merchants accept cryptocurrency payments in person without complex setup or technical expertise. Settles to the merchant in fiat currency.
• APIs & Plugins Developer-facing APIs and plugins that integrate crypto payment acceptance into merchants' websites, apps, or online stores, usable for new builds or as an addition to existing checkout flows.
• Payment Links Shareable payment links that allow merchants to accept crypto payments from customers without integrating a website or app.
• Tender Agent SDK React-based SDK (@tender-cash/agent-sdk-react) that lets developers embed a configurable crypto payment component into custom applications, with parameters such as accessId, fiatCurrency, amount, referenceId, and payment expiry.

Quantifiable outcome

• $18M+ in crypto payments processed through the platform

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Partner Exchanges (Unnamed)coreTechnology or IntegrationTender leverages partner exchanges for exchange services when converting digital assets to fiat currencies for merchant settlements. The specific exchange partners are not publicly named.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• Alchemy Pay: Hybrid crypto-fiat payment gateway targeting merchants and Web3 projects with global settlement. Overlaps with Tender on crypto-to-fiat merchant acceptance and global expansion ambitions, though broader in scope (also supports on-ramp).
• Strike: Bitcoin Lightning-based payment network for merchants and consumers. Comparable to Tender on crypto payment acceptance and fiat settlement abstraction, though U.S.-focused and Bitcoin-centric.

Direct peers

• BTCPay Server: Open-source Bitcoin and crypto payment processor with self-hosted and SaaS options. Comparable to Tender on merchant crypto acceptance with API/plugin integration, though more developer-oriented.
• CoinGate: Crypto payment processor offering merchant checkout, POS, and fiat settlement across many cryptocurrencies. Comparable to Tender in product surface area and target customer (online and in-person merchants).
• BitPay: One of the longest-running crypto payment processors, offering merchant payment acceptance with fiat settlement, POS integrations, and plugins. Directly competes with Tender across online and in-person crypto acceptance.
• Coinbase Commerce: Coinbase's merchant-facing crypto payment acceptance product. Directly comparable to Tender — both enable merchants to accept crypto payments and settle in fiat, with broad multi-asset support and developer-friendly APIs.
• NOWPayments: Non-custodial crypto payment gateway supporting 200+ cryptocurrencies with fiat settlement options. Directly competes with Tender on multi-asset acceptance, APIs, plugins, and merchant payment links.

Regional players

• Paychant: African crypto payment gateway enabling merchants to accept crypto with fiat settlement. Strong geographic overlap with Tender's Nigeria-based operations and similar target merchant segments.

Broad incumbents

• Paystack: Leading Nigerian and African payment processor (Stripe-owned). Comparable geographic and merchant segment to Tender, though focused on fiat card/bank payments rather than crypto.
• Flutterwave: Major African payments incumbent with broad payment processing capabilities. While primarily fiat-focused, its scale and African merchant base make it a strategic comparator for Tender's Nigerian operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/Tender_Merchant
• LinkedInlinkedin.com/company/tender-merchant

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

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 Tender