Ivorypay
Founded 2022 · 10 employees on LinkedIn · 2 known investors
Ivorypay provides a bi-directional crypto and stablecoin payment infrastructure that lets African businesses accept payments from global customers and pay suppliers internationally, with automatic settlement to local African currencies via banks and mobile money. It offers APIs for fintechs, marketplaces, gaming platforms, global brands, and NGOs, along with KYC, AML monitoring, and compliance tools across African markets.
Also known as Ivorychain Technologies · IvoryPay
Investors · 2
Company profile
researched Aug 2026Ivorypay, operated under the name Ivorychain Technologies, offers crypto and stablecoin payment infrastructure aimed at businesses operating in Africa. Its stated core capability is a bi-directional payment rail: businesses can accept crypto payments from customers internationally and also send payments to suppliers in markets such as China and India, with funds settling to local African currencies through bank accounts and mobile money. The company positions this as a single integration that removes the need for multiple regional payment processors and avoids forex restrictions and banking barriers.
The product line comprises a payment gateway, on- and off-ramp services, wallet and treasury tools, x402 payments, and a product called Duffle. Documented APIs are offered so that third-party applications can add crypto capabilities, with stated use cases including crypto on/off ramps for fintechs, international payment acceptance for marketplaces, instant withdrawals for gaming platforms, remittance apps, gaming payouts, payroll systems and marketplace payments. Supported assets referenced include USDT, USDC, Bitcoin and Ethereum.
Compliance and risk features are part of the offering: automated KYC onboarding, real-time AML monitoring for fraud detection, and regulatory compliance coverage described as spanning major African markets. The company also notes that the irreversible nature of crypto transactions removes chargebacks."]
Business model
Ivorypay sells payment infrastructure to businesses, with published pricing pages for product rates and withdrawals, self-service account creation, and a sales contact route for larger customers. Merchants and platforms integrate the gateway or APIs to collect crypto payments and to disburse funds, with conversion and settlement into local African currencies.
Fee-based pricing on transactions and withdrawals, published via product rate and withdrawal pricing pages.
▸Full profile — market position, technology, go-to-market, geography
Market position
Positions itself as localised crypto payment rails purpose-built for African business conditions, contrasting with traditional payment processors on cost (claiming 90% lower fees) and with the need to integrate multiple regional processors. The company states it is backed by venture capitalists, incubators and institutions in both the web3 and web2 space.
Technology
The platform abstracts blockchain mechanics behind documented APIs and a hosted payment gateway, so integrators do not handle blockchain directly. It supports stablecoins (USDT, USDC) as well as Bitcoin and Ethereum, automatic conversion of incoming crypto to local currency, settlement to bank accounts and mobile money, and an x402 payments product. Compliance tooling includes automated KYC and real-time AML monitoring.
Go-to-market
Direct self-service onboarding ("create a free account", with a stated 15-minute setup for accepting crypto payments) alongside a sales-assisted channel, supported by developer documentation for business and on/off ramp APIs, a blog, video tutorials and segment-specific pages for NGOs, global brands and fintechs.
African businesses selling to international buyers; global brands seeking to accept payments across African countries and repatriate funds; fintechs adding crypto on/off ramps; marketplaces, gaming platforms, remittance apps and payroll systems; and NGOs and aid organisations collecting donations and distributing funds to beneficiaries.
Geography
Focused on Africa, with marketing referencing coverage across all 54 African countries and named markets including Nigeria, Kenya and Ghana; the company states its integration opens access to buyers in 150+ countries, citing examples such as Morocco, Dubai and New York.
Compiled by commissioned research from 1 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.
Competitors · 4
by search overlap
Companies competing with Ivorypay for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
▸Research sources · 1
primary sources listed
- Ivorypayivorypay.io · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Ivorypay do?
- Ivorypay is a crypto and stablecoin payment infrastructure provider for businesses operating in Africa.
- Who are Ivorypay's investors?
- Ivorypay's investors include CV VC, Blockchain Founders Fund.