OneDosh Raises $1 Million to Scale Stablecoin-Powered Global Payments Infrastructure

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OneDosh, an emerging African fintech company, has secured $1 million in fresh funding to accelerate the development of its stablecoin-based global payments infrastructure.

The investment will support the company’s mission to make cross-border transactions faster, cheaper, and more accessible by leveraging stablecoins as the core settlement layer for payments across Africa and international markets.

OneDosh is betting heavily on stablecoins to solve persistent challenges in African payments, including high fees, slow settlement times, currency volatility, and limited access to global financial rails. By building on stablecoin technology, the company aims to create seamless on-ramps and off-ramps between local currencies (such as the naira, cedi, and shilling) and stable digital assets like USDC and USDT.

The new capital will be used to strengthen the company’s technology platform, expand partnerships with local banks and mobile money operators, enhance compliance infrastructure, and grow its engineering team.

The funding comes at a time when stablecoin adoption is accelerating across Africa. Many businesses and individuals are turning to stablecoins for remittances, supplier payments, and international trade to avoid the high costs and delays associated with traditional correspondent banking.

OneDosh’s approach focuses on building practical infrastructure that allows African users and businesses to move money globally with greater efficiency while maintaining full regulatory compliance in the markets where it operates.

With this latest funding round, OneDosh is positioning itself as a key player in Africa’s rapidly evolving digital payments and blockchain ecosystem. The company plans to expand its services beyond remittances into broader use cases such as payroll, supplier financing, and e-commerce settlements.

This investment reflects continued investor confidence in African fintechs that are building infrastructure for the future of money, particularly those focusing on stablecoins as a bridge between traditional finance and decentralised systems.

OneDosh has indicated that the fresh capital will help it move faster toward its goal of becoming a leading provider of stablecoin-powered payment solutions serving both African businesses and the global diaspora.

The company is expected to announce additional product launches and strategic partnerships in the coming months as it scales its operations across key African markets.