ElementPay
OperatingStablecoin payment rails for Africa: USDC invoicing, off-ramps and USSD access settling to mobile money and banks.
- FinTech
- Nairobi, Kenya
- Grant
- Founded 2025
- elementpay.net ↗
- Total raised
- $90K
- disclosed
- Last round
- $90K
- Grant
- Rounds
- 1
- since 2025
- Investors
- 1
- on record
About ElementPay
ElementPay is a Nairobi-based stablecoin payments company that connects USDC and other stablecoins to local financial rails across Africa. Businesses can issue stablecoin invoices, collect and pay out via mobile money and bank accounts, and integrate through APIs and webhooks, while consumers without smartphones can create wallets and transact over USSD (*665*313#). It operates in six African markets including Kenya, Nigeria and Ghana.
ElementPay funding1 round
ElementPay has raised $90K across 1 disclosed round. The latest is a $90K Grant announced 24 Jul 2026, led by Stellar Community Fund.
Who has invested in ElementPay
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 24 Jul 2026 | ElementPay Grant | Stellar Community Fund | $90K |
ElementPay competitorssame sector · similar funding
- MinisendNairobi, Kenya
- PaycashlessAbuja, Nigeria
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Frequently asked about ElementPay
- Where is ElementPay based and when was it founded?
- ElementPay is headquartered in Nairobi, Kenya and was founded in 2025.
- How much funding has ElementPay raised?
- ElementPay has raised $90K across 1 disclosed round. Its latest, a $90K Grant, was announced on Jul 24, 2026.
- Who has invested in ElementPay?
- Backers include Stellar Community Fund.
- What sector is ElementPay in?
- ElementPay operates in FinTech and Blockchain.