A Nigerian startup enabling small businesses to accept cryptocurrency payments, processing over $100 million in transactions.
Ivorypay Becomes the First Company in Africa to Launch X402 Payments, Enabling Machine-to-Machine Stablecoin Transactions Across all Major Blockchains
Ivorypay supports the X402 protocol on all EVM and non-EVM chains, including Base, Solana, and Algorand. The integration allows software applications and AI agents to make stablecoin payments natively over HTTP.
“50% of startups in our portfolio have raised follow-on funding” – Brenton Naicker, Crypto Valley VC
Crypto Valley VC's Africa Blockchain Fund has invested $20 million in 13 startups across Nigeria, South Africa, Kenya, Egypt, and Ghana since 2022. The fund initially committed $125,000 for a 7% convertible note but revised it to $150,000 for a 6% note to better support African startups.
