Kappa Pay operates a regulated payments platform designed to facilitate faster cross-border settlements, transparent pricing, and access to international liquidity for SMEs and large companies in sub-Saharan Africa. Its core product enables quicker settlement times and improved treasury management for businesses that otherwise rely on slow or costly international transfers. The company positions itself to partner closely with banks and central banks to build compliant payment infrastructure across the continent. Kappa Pay plans to expand its footprint on strategic African markets, deepen institutional banking partnerships, and strengthen its compliance and technology stacks. Financially, the company recently raised $20 million in growth capital from a European venture capital fund to support these initiatives. The firm highlights the large addressable B2B payments market, citing over $700 billion in annual imports by African companies.

Total raised

$20M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2026