OneDosh Raises $3M To Fix Cross-Border Payments With Stablecoins. Nigerian fintech startup OneDosh has raised $3 million in pre-seed funding to expand its stablecoin-powered payment infrastructure, as it looks to fix some of the most stubborn problems in global money movement.
The company operates across Nigeria and the United States, two of the most active corridors for remittances, digital payments, and stablecoin usage. Its platform allows users to send and receive money across borders, store value in stablecoins, and spend globally using cards compatible with Apple Pay and Google Pay, anywhere Visa is accepted.
At a time when cross-border payments remain slow, expensive, and restricted for millions of Africans, OneDosh is positioning itself as part of a new generation of fintech companies building the rails for truly borderless money.
Built from lived frustration
OneDosh was founded in February 2025 by Jackson Ukuevo (CEO), Godwin Okoye, and Babatunde Osinowo. The idea came from direct personal experience.
The founding team says they had repeatedly faced blocked cards, frozen accounts, long international transfer times, and currency controls while trying to move money across borders. These challenges made one thing clear: the demand for cross-border payments already exists, but the infrastructure is outdated.
According to OneDosh, the real problem is not regulation or user behaviour. It is the legacy systems that still power global finance.
What OneDosh is building
OneDosh is focused on stablecoin-based payment rails that connect wallets, cards, and countries into a single programmable system.
Users on the platform can:
- Transfer money between the U.S. and Nigeria
- Hold balances in stablecoins
- Spend globally using stablecoin-backed cards
- Use Apple Pay and Google Pay for everyday transactions
Behind the scenes, the company is building infrastructure designed to support fast settlement, lower costs, and greater reliability, especially for markets that are often underserved by traditional banking systems.
As stablecoins gain wider acceptance as a settlement layer for global payments, OneDosh believes this infrastructure will become increasingly essential.
Why Nigeria and the U.S. matter
Nigeria is one of the world’s largest remittance markets and one of Africa’s most active fintech ecosystems. The U.S.–Nigeria corridor alone moves billions of dollars each year, driven by freelancers, small businesses, families, and online entrepreneurs.
At the same time, Nigeria has become a global hotspot for stablecoin usage, as individuals and businesses look for ways to protect value, hedge currency risk, and move money more efficiently.
By launching first in Nigeria and the U.S., OneDosh is placing itself directly where demand, talent, and real-world payment needs intersect.
Backed by wide experience
The OneDosh team draws experience from companies such as ZeroHash, Plaid, and Amazon, covering compliance, payments infrastructure, and large-scale product development.
The $3 million funding will be used to:
- Expand into new payment corridors
- Strengthen liquidity and settlement partnerships
- Grow the engineering and compliance teams
- Improve reliability and scalability of its core systems
While the company has not disclosed its investors, the funding signals growing confidence in stablecoin-first payment models, especially those focused on emerging markets.
A bigger shift in global payments
OneDosh’s rise reflects a broader change happening in financial services. Stablecoins are moving beyond crypto trading and into everyday use cases such as remittances, payroll, and cross-border commerce.
For African users and businesses, this shift is especially important. Traditional international transfers can take days and cost up to 8% per transaction. Stablecoin-based systems offer a faster and more transparent alternative.
As global regulators increasingly clarify rules around digital assets, infrastructure players like OneDosh are racing to build systems that can scale responsibly.
Looking ahead
OneDosh says it is playing a long-term game. The company is focused on infrastructure, not quick wins.
As cross-border trade, remote work, and digital commerce continue to grow, the need for reliable, low-cost payment systems will only increase. In that future, the companies that control the rails will matter more than those that simply sit on top of them.
With fresh funding and an expanding footprint, OneDosh is making a clear bet: stablecoins are not a niche tool, but the foundation of the next global payments era, and Africa will be a central part of that story.
