Capi Money provides reliable, fast foreign currency payment solutions for importers operating in emerging markets. The platform enables businesses to pay international suppliers seamlessly across 30+ currencies with competitive rates and 24-hour settlement times. Users gain control through real-time payment tracking via a secure, regulated dashboard, streamlining cross-border accounts payable.
Funding
$18M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Businesses in Africa face significant delays and inefficiencies when making international payments through traditional local banks. These delays hinder invoice processing, strain supplier relationships, and limit access to foreign currency.
Solution
Capi Money is a digital payment platform designed to streamline international transactions for African businesses, enabling them to pay suppliers in EUR, USD, or GBP with speed and reliability. The platform provides instant payment settlements and access to foreign currency at competitive rates, bypassing the delays associated with traditional banking systems. Businesses can track payment progress in real-time through a user-friendly dashboard, ensuring transparency and control over their transactions. By facilitating faster invoice processing and reliable payment timelines, Capi Money helps businesses strengthen supplier relationships and improve overall operational efficiency.
Target Audience
The primary target audience is importers and businesses in Africa that need to make frequent international payments to suppliers.
Features
- Instant payment settlements in EUR, USD, and GBP.
- Real-time tracking of payment progress via a user dashboard.
- Competitive exchange rates for foreign currency transactions.
- Secure platform utilizing licensed financial institutions in top-tier jurisdictions.
- Streamlined process eliminating the need for manual paperwork and bank queues.