Problem

Capi Money addresses the high cost, unreliable foreign-exchange access, and slow settlement that African importers face when paying international suppliers. Goods importers can pay up to 10% to settle invoices, while bank payments may take weeks or months to arrive, putting supplier relationships and inventory continuity at risk. The core use case is an African business earning revenue in local currency but owing suppliers in euros, dollars, pounds, or other foreign currencies—for example, a Dakar bookshop importing books from Europe.

Product / Service

Capi provides an online business-payments platform that lets African importers create supplier-payment transactions and send local currency, while Capi sources and delivers the required foreign currency. Its model can match organizations sending money into a market with businesses needing to send money out, creating an alternative to scarce bank FX and expensive brokers. Customers can access more than 30 currencies, receive rates online, track payments through a dashboard, and avoid the weeks-long settlement process; the company markets settlement in 24 hours, while reporting describes invoices of up to $1 million being settled within 48 hours.

Market

Capi competes in cross-border B2B payments, foreign exchange, and trade-finance infrastructure for SMEs and importers in emerging markets, initially focused on Africa. Its alternatives include traditional banks and FX brokers, as well as digital international-payment providers such as Wise and Payoneer. The company is differentiated by concentrating on the payment and currency-access constraints of African businesses rather than serving primarily developed-market users.

Capi is not pre-revenue. It raised a €17.2 million ($17.9 million) Series A in February 2025, had expanded into four African countries, grown its customer base, and reached multi-million-dollar revenue at that point. Its current website states that it is processing more than $1 billion annually and plans three additional pay-in markets in 2026. The company also received UK FCA authorization as an Electronic Money Institution in January 2026, supporting its ability to scale its regulated payments infrastructure.