Ivorypay

Ivorypay (operated by Ivorychain Technologies) is a crypto payment infrastructure company founded in 2022 and built specifically for African businesses. The company provides practical, hyper-localised blockchain-powered financial rails that enable businesses operating in Africa to pay and get paid using cryptocurrency, with instant settlement into local African currencies via banks and mobile money.

Core Products/Services

Ivorypay's platform centres on three core products:

• Crypto Payment Gateway: A bi-directional payment rail that allows African businesses to accept crypto payments from customers globally and pay suppliers in China, India, or anywhere in the world, while settling instantly to local African currencies (Naira, Shillings, Cedis). Supports 150+ countries for acceptance with coverage for e-commerce retailers, import/export businesses, service agencies, and manufacturers.

• On/Off Ramp: A bridge between cryptocurrency rails and African banking systems, enabling two-way conversion between local fiat currencies and cryptocurrencies (USDT, USDC, BTC, PYUSD, ETH). Supports remittance services, cross-border traders, freelancers, and fintechs building on top of the infrastructure. White-label options are available.

• Wallet and Treasury Management: An enterprise-grade unified platform for managing global payment flows — holding balances, automating supplier payments, and managing customer deposits. Designed for fintechs, marketplaces, import-heavy businesses, and complex payment orchestration use cases.

The platform is API-first with comprehensive documentation, enabling fintechs, gaming platforms, remittance apps, and marketplaces to integrate crypto capabilities without touching blockchain infrastructure directly.

Key Strengths

• Africa-first design: Purpose-built for the realities of African business, including forex restrictions, mobile money infrastructure, and cross-border trade complexities across all 54 African countries.
• Stablecoin focus: Supports USDT, USDC, PYUSD, BTC, and ETH — with stablecoins prioritised to eliminate crypto volatility concerns for businesses.
• Automated compliance: Built-in KYC onboarding, real-time AML monitoring, and regulatory compliance for major African markets. Crypto's irreversible nature eliminates chargeback risk.
• Low fees: 1% transaction fees versus the 10% typical of traditional cross-border payment processors.
• Instant settlement: Payments and conversions processed in under 60 seconds, settling directly to bank accounts or mobile money.

Notable Clients/Projects

Ivorypay serves global brands, NGOs and aid organisations, fintechs, and betting/gaming platforms operating in or expanding into Africa. The company is backed by prominent investors including Google, Alchemy, CVVC, ROU Capital, CV Labs, BFF, Kaleo Ventures, and Hashgraph. In 2026, Ivorypay integrated with the Algorand Foundation, bringing the Algorand network into its infrastructure and product ecosystem.

Why Choose Ivorypay

Ivorypay solves the fundamental problem of payment friction for African businesses participating in global commerce. One integration opens access to 150+ countries as a market, eliminates trapped funds and forex restrictions, and provides enterprise treasury capabilities without requiring foreign currency accounts or blockchain expertise. The platform is designed for businesses that need global reach with local settlement — making borderless payments accessible to every African business regardless of size.