Nigeria's Daya Secures $2.4M for Stablecoin Neobank Expansion

Nigeria's fintech startup Daya has raised $2.4 million in a pre-seed round to develop its stablecoin neobank for businesses.

The funding was led by Hivemind Capital, with participation from crypto-focused funds Alliance and Lattice.

Daya describes itself as a business-focused stablecoin neobank, allowing African companies to hold virtual US dollar accounts, send and receive instant cross-border payments, pay with cards, and settle in stablecoins while managing treasury across currencies.

The company was founded in 2025 by Aleph Lasebikan and Paul Joe, both veterans of African crypto. Lasebikan is a co-founder of Helicarrier, the Y Combinator-backed Nigerian crypto company, where he led what Daya says was Nigeria's first local-currency stablecoin.

The funding follows a partnership between Daya and HashKey MENA, which named Daya its African payments partner in a pilot stablecoin corridor linking the Middle East and Africa. The corridor is built with the Aptos Foundation and enables companies to convert local currency into stablecoins via HashKey, moving them across the Aptos blockchain, and then converting them into local African currencies for the recipient.