Fundraising Fox
GIGXPAD
Techstars '22Lagos, NG · Founded 2021 · 9 employees on LinkedIn · 1 known investors
Find your way into GIGXPAD
Sign up to see every warm intro you have to GIGXPAD
- Paths you didn't know you had: your email and LinkedIn already hold routes to the GIGXPAD team. We find them for you
- 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
- Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone
Days of research, done the moment you sign in, with every route ranked by how warm it is.
GigXPAD is a borderless digital wallet app for cross-border money transfers, letting users send and receive money internationally, hold multiple fiat and crypto currencies, pay bills, and use virtual cards. It also offers expense tracking and budgeting tools for individuals managing finances across countries.
Also known as GIGX Technologies · GIGX Technologies Limited · GIGXPad · XPAD
Investors · 1
How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · Not right? Tell us
Company profile
researched Sep 2026GIGXPAD, operated by GIGX Technologies Limited, is a Lagos, Nigeria-based financial services and software company that publishes the GIGXPad mobile app for iOS and Android. The app is positioned as a borderless wallet giving users multi-currency accounts to save, spend, send and receive money both in Nigeria and in the diaspora. Core features described by the company include storing and swapping multiple currencies, low-fee cross-border transfers, payment of local and international bills, and virtual cards for online purchases.
Public descriptions of the company vary in emphasis. A Techstars company listing describes GIGXPAD as a multipurpose DeFi application enabling cross-border payments and remittance alongside investment in real-world business assets, while press coverage of the Techstars Toronto 2022 Winter cohort characterises it as a full-service digital asset and cross-border payment platform focused on saving, investing and spending digital assets, and as an African financial asset platform powered by GIG Group whose app lets users store, earn, invest and spend crypto assets.
Founding story
The company was founded in 2021 by Osamede Arhunmwunde, Chukwudi Anyanwuocha and Godswill Omozusi. Osamede Arhunmwunde is listed as Co-Founder and CEO.
Business model
The company distributes a consumer mobile finance app free of charge on the App Store and Google Play; the Google Play listing notes that the app contains ads. Its stated proposition centres on low fees for cross-border transactions.
Traction
The Android app has recorded more than 1,000 downloads on Google Play, and the iOS app holds a 4.2 average rating from 16 ratings on the Nigerian App Store.
Latest developments
The iOS app shipped an updated virtual card in June 2025 and has continued maintenance releases, most recently version 4.7.16 on 2025-12-15.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
A small early-stage fintech; a Techstars job board profile lists the company at pre-seed stage with 1-10 employees in financial services and software.
Positions itself around a single app combining multi-currency storage and swaps, low-cost international transfers, local and international bill payment and virtual cards, with coverage describing it as an African decentralized marketplace connecting real-world business opportunities to a blockchain-based environment.
Technology
A consumer mobile application for iOS (requiring iOS 14.0 or later) and Android, built around multi-currency wallet accounts, currency swaps, cross-border payment rails, bill payment and virtual card issuance. Company descriptions also reference decentralised finance and blockchain-based functionality for holding and investing digital assets. Its web infrastructure is reported to use Cloudflare, Next.js, React, Node.js, Google Workspace, Google Tag Manager and Google Analytics.
Go-to-market
Direct-to-consumer distribution through the Apple App Store and Google Play, with self-service signup and in-app chat and email customer support described as available 24/7.
Individual consumers in Africa and members of the African diaspora who need to hold multiple currencies, transfer money across borders, pay local and international bills and transact online.
Geography
Headquartered in Lagos, Nigeria, with locations listed across Lagos (Iju, Aja, Ojodu, Agege) and in Lagos, Portugal; the app is distributed internationally and targets both home and diaspora users.
History
GIGX Technologies Limited holds a 2021 copyright on the GIGXPad iOS app, which has been in market since at least late 2021, when its first user reviews appeared. In 2022 the company was selected for the Techstars Toronto Winter 2022 cohort, one of several Nigerian startups in that batch. The app has continued to ship releases, reaching version 4.7.16 in December 2025, including an updated virtual card feature released in June 2025.
Risks & controversies
Data-privacy disclosures differ between stores: the Google Play listing states the app may collect personal information and shares no data with third parties, while the App Store listing states the developer does not collect any data. Early user reviews on iOS cited app stability issues. The app listings also direct support to a support@xpad.com address that differs from the company's gigxpad.com domain.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 2
launches, deals, and filingsVersion 4.7.06 of the iOS app was released with an all-new and improved virtual card.
GIGXPAD was among the startups listed in the Techstars Toronto 2022 Winter cohort, a batch dominated by Nigerian companies.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 8
primary sources listed
- GIGXPad - Apps on Google Playplay.google.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does GIGXPAD do?
- Nigerian fintech offering a multi-currency borderless wallet for cross-border payments, bill payments and virtual cards.
- Who are GIGXPAD's investors?
- GIGXPAD's investors include Techstars.
- Where is GIGXPAD headquartered?
- GIGXPAD is headquartered in Lagos, NG.