ElementPay

Operating

Stablecoin payment rails for Africa: USDC invoicing, off-ramps and USSD access settling to mobile money and banks.

Updated Source: SLA Startup IndexHow we verify →
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

AnnouncedRoundLead · investorsAmount
24 Jul 2026ElementPay GrantStellar Community Fund$90K

ElementPay competitorssame sector · similar funding

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  • DigiTax

    DigiTax automates e-invoicing and tax compliance for African businesses across multiple countries. · Kenya

  • Hurupay

    Hurupay is a fintech platform offering stablecoin-backed virtual accounts for freelancers, remote workers, and individuals. · Kenya

  • QuePay

    QuePay automates cashless payments via IoT for informal services like ATMs, buses, and toilets. · Kenya

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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.