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The Kredete stablecoin credit card is helping reshape how Africans and African immigrants access global financial services by combining stablecoins with mainstream payment tools and credit-building features.
Founded in 2023 by Adeola Adedewe, Nigerian fintech Kredete started with the mission of helping African immigrants build credit and access financial services that traditional banking systems often don’t provide. In 2025, the company took a major step by launching what it describes as Africa’s first stablecoin-backed credit card, a product built in partnership with Visa, Stellar and Rain that lets users spend U.S. dollar-pegged stablecoins specifically USDC, anywhere Visa is accepted.
The card is available across 41+ African countries and can be used both online and offline in more than 100 global markets, with transactions settled in USDC and real-time foreign exchange conversion at checkout. The integration links directly to a user’s digital wallet, giving access to digital dollars and enabling international spending without costly or slow legacy payment rails.
Kredete’s broader platform goes beyond the card itself. It already allows users to send money to more than 25 African countries with low fees, provides access to FDIC-insured U.S. bank accounts using international IDs, and offers remittance services powered by stablecoins and blockchain settlement.
In September 2025, Kredete announced a $22 million Series A funding round led by pan-African investment firm AfricInvest through its Cathay AfricInvest Innovation Fund and Financial Inclusion Vehicle, with participation from global venture partners Partech and Polymorphic Capital. This round follows an earlier $2.25 million seed round and brings total funding to about $24.75 million. The capital is earmarked for expanding the platform’s credit infrastructure, scaling stablecoin-enabled remittances and financial products across Africa, and entering key global markets including Canada, the UK and parts of Europe.
Kredete’s products are designed with a larger mission in mind, and that’s to make credit and global financial access more inclusive for Africans. Their platform combines international money transfers with a proprietary credit-building engine, helping users establish credit visibility in markets like the United States where traditional credit histories don’t carry over from home countries. In its latest reporting, the company said it has served over 700,000 monthly users, facilitated over $500 million in remittances, and helped users boost their U.S. credit scores by an average of 58 points.
What sets Kredete apart in the Nigeria stablecoin ecosystem is not just innovative use of digital assets, but practical integration with everyday financial needs. Stablecoins like USDC are treated as utility rails, enabling faster settlement, reduced foreign-exchange costs and more accessible global spending. The stablecoin-backed card offers a real, usable way for Africans to participate in the global economy without the friction that often comes with traditional banking.
From remittances to credit building, Kredete is building a tightly integrated fintech stack powered by stablecoins and modern payment infrastructure. In doing so, it’s helping millions of Africans overcome long-standing barriers to financial inclusion and connect more easily with opportunity across borders.
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