Company Overview
Payment gateway for African businesses that enables payment in stable crypto across borders at cheaper fees and without FX restrictions
Company History
Ivory Pay was founded in 2022. Public founder information in the source set points to Oluwatobi Ajayi, Opeyemi Akinremi. Its latest captured funding/news event in the source set was in 2023, recorded as Venture Round.
Key Facts
| Country | Nigeria |
| Founded | 2022 |
| Founders | Oluwatobi Ajayi, Opeyemi Akinremi |
| Sector | Fintech |
| Operational Status | Likely active / unverified |
| Latest Round | Venture Round, 2023, $0.14M |
| Total Disclosed Funding | $0.14M |
| Website | https://www.ivorypay.io/ |
Business Model
Ivory Pay appears to operate a product-led business model in the Fintech sector. Based on public descriptions, it generates value through technology-enabled services, software, marketplace access, operations, or financial infrastructure.
Products and Services
- Digital payments
- Banking or treasury tools
- Merchant or API infrastructure
- Embedded finance
Funding and Market Position
Public deal records in the source set show 1 disclosed funding event(s), with about $0.14M captured in total. The most recent event is recorded as Venture Round, 2023, $0.14M.
Contact Information
The most reliable public contact channel in the source set is the official website: https://www.ivorypay.io/. Public phone numbers and public support emails were not consistently available at scale, so the website/contact form is the best public route.
Company Location
Operational Status
Public sources show activity in 2023, did not independently verify current operations beyond the source set. Status recorded here is a best-effort assessment as of March 21, 2026.
Why This Startup Matters
As a Nigerian startup in the Fintech space, Ivory Pay matters because it addresses local market problems with a scalable digital product or operational model.
Sources
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