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straitPay

Operating

straitPay aims to simplify financial transactions and increase financial inclusion across Africa.

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Last round
Pre-seed
Rounds
1
since 2022
Employees
2-10

About straitPay

Founded with the goal of simplifying payments and investment access for underserved populations, straitPay has already deployed over 20,000 digital wallets and processed millions of dollars in transactions, primarily supporting individuals and SMEs excluded from traditional banking channels.

straitPay funding1 round

The latest is a Pre-seed announced 03 Jun 2025.

AnnouncedRoundLead · investorsAmount
03 Jun 2025straitPay Pre-seedNot disclosedNot disclosed

straitPay founders & team

  • XChange BOX

    Xchange Box provides a platform for agro commodities financing and Rural MSMEs payments and access to finance. · Nigeria

  • Vittas

    Vittas is a health‑focused fintech startup providing credit infrastructure for businesses in Africa’s healthcare ecosystem. · Nigeria

  • Shago Payments

    Shago Payments is a FinTech retailing financial and digital products and services to create a localized marketplace experience through technology. · Nigeria

  • Cotrust Equity

    Cotrust Equity harnesses KYC of target audience to provide unique credit plans to banked and unbanked Micro Traders in sub-Saharan Africa. · Nigeria

  • Midddleman

    Helping African businesses buy from Asia—secure payments, sourcing, and shipping in one place. · Nigeria

  • PesaApps

    PesaApps enables local micro, small and medium size businesses to track their transactions safely and securely. · Nigeria

All 213 Financial Services startups in Nigeria

Frequently asked about straitPay

Where is straitPay based and when was it founded?
straitPay is headquartered in Lagos, Nigeria and was founded in 2022.
Who founded straitPay?
straitPay was founded by Kele Okafor (Founder).
How much funding has straitPay raised?
straitPay has raised 1 funding round; the amounts were not disclosed. Its latest, a Pre-seed, was announced on Jun 03, 2025.
What sector is straitPay in?
straitPay operates in Financial Services, FinTech and Payments.