Africa's cross-border payments market is massive, complex, and underserved. Circle Ventures’ investment validates what we've been building: infrastructure that can handle that complexity at scale.
We're excited to announce we've received investment from Circle Ventures, the corporate venture capital arm of Circle Internet Group, Inc. (Circle), via our parent company Stitch Group.
This is a big moment for our team, and it says a lot about the continued growth of cross-border payments in Africa and the value of stablecoin rails.
Why stablecoins matter for African payments
Businesses and financial institutions want faster, cheaper and more transparent alternatives to traditional correspondent banking across African markets. Today, stablecoins have proven to be of significant value as a settlement layer, especially in markets where currency volatility and thin liquidity corridors can slow payments down and make them more expensive.
At CrissCross, we're at the centre of that shift. Our regulated infrastructure connects blockchain settlement to on-the-ground payment rails in markets that global platforms have historically struggled to reach.
What this investment means
CrissCross GM, James Cope, said:
“Africa's cross-border payments market is massive, complex, and underserved. Circle Ventures’ investment validates what we've been building: infrastructure that can handle that complexity at scale.”
Brian Schultz, Vice President of Corporate Development and Ventures at Circle, echoed his sentiment:
“We're excited to support CrissCross as they bring stablecoin-powered payments infrastructure to scale across African markets — some of the most complex and underserved corridors in the world.”
With this investment, we'll keep doing what we do best: making payments across Africa faster, simpler and more reliable for the businesses that depend on them.
What we do
Moving money across African markets has always been harder than it should be. That's the problem we built CrissCross to solve.
We provide the full infrastructure stack for enterprise cross-border payments across African markets: local collections, automated payouts, corporate treasury management and real-time FX. Our clients get all of it through a single API, and our platform connects blockchain-based settlement with fiat delivery, so funds reach local bank accounts and mobile wallets across the continent.
Today we operate in 30+ markets, support 20+ currencies and run at 99.99% uptime. Our clients include multinational enterprises, financial institutions and platforms that need to move money reliably across some of Africa's most complex payment corridors.
Move money across Africa with CrissCross
If your business needs to collect, convert or pay out funds across African markets, we can help. Get in touch at info@crisscross.money to find out more.
