Moses Adeniji Connects Africa to Web3 with Fiat-to-Crypto Exchange

By : Melchior Koba

Date : vendredi, 04 octobre 2024 11:37

He has several years of experience in developing fintech and blockchain projects. His ambition is to connect Africa with the latest financial technologies.

Moses Adeniji (photo) is a Nigerian entrepreneur specializing in financial technology. He is the co-founder and CEO of Paychant, a startup that provides Africans with access to the financial opportunities offered by the Web3.

Founded in 2019, Paychant is a fintech company offering a fiat payment infrastructure. It allows users across Africa to buy and sell digital assets using traditional local payment methods. The platform supports more than 100 banks and over a dozen e-wallets across the continent.

This solution enables users to easily transition from traditional currencies to cryptocurrencies. The company's mission is to connect Africa’s traditional financial system with the world of decentralized finance (DeFi).

"We are committed to building transparent solutions that allow people in emerging economies to participate in and benefit from decentralized finance," the startup explains on its website. Paychant supports over 40 digital assets and offers more than 150 payment methods.

Moses Adeniji holds an accounting degree from Lagos State Polytechnic, which he obtained in 2016. After his studies, he worked as a frontend engineer for startups AfricaLinked.com and TIG. The former is a directory of products, companies, and individuals, while the latter is a fintech platform that uses the digital currency Tigereum to buy, sell, send, and pay through social networks.

Melchior Koba

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