Stax uses a popular existing Internet protocol called U.S.S.D (TPV of $800B annually across 300 MM users) to gain a wedge into the African payment space, that it can leverage towards other fintech/crypto offerings like a consumer crypto wallet. Stax is founded by veteran fintech founder Ben Lyon, with 10+ years of experience in the African fintech space.
Stax is a digital consumer payment platform operating out of Africa, that uses an “offline” first approach to manage digital payments without mobile data.
- Fintech Startup
- Investment Year
- Company Website