South Africa’s Ezeebit Secures $2.05M Seed Round to Scale Stablecoin Payment Infrastructure Across Africa
South African fintech Ezeebit has closed a $2.05 million seed funding round led by Raba Partnership with participation from global investor Founder Collective and strategic angel backers, signaling rising confidence in compliant crypto payment infrastructure across Africa.
The FSCA-regulated startup enables merchants in key markets like South Africa, Kenya and Nigeria to accept cryptocurrency and stablecoin payments with instant settlement and next-business-day local fiat payouts, helping bridge the gap between digital asset holders and everyday commerce. Since its 2023 launch, Ezeebit has processed over 30,000 transactions representing millions in transaction value and plans to use the new capital to accelerate product development, expand its merchant ecosystem, and deepen partnerships with banks, payment service providers and telecom companies.
The funding round highlights how stablecoins and crypto rails can modernize Africa’s payment systems by offering faster, lower-cost alternatives to traditional rails in regions with low credit card penetration and high demand for digital financial solutions.
Clever Robot News Desk 13th December 2025
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