Tether has announced a strategic investment in Kenya’s Kotani Pay. Kotani Pay is a Kenyan-based fintech building Web3 on-ramp and off-ramp infrastructure across Africa. This partnership will help expand access to digital assets, enhance financial inclusion and lower barriers to participation in the global economy.
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Kotani Pay has quickly emerged as a leading player in Africa’s blockchain ecosystem. It provides the technological rails that connect Web3 users to traditional financial systems. Its infrastructure allows individuals and businesses to easily convert between local currencies and digital assets.
The partnership will help address long-standing financial challenges in Africa, such as high transaction fees, delayed settlements and restricted access to international banking systems. Businesses and consumers will be able to transact more efficiently and securely through blockchain-powered solutions.
“At Tether, we believe that blockchain technology plays a critical role in unlocking financial freedom,” said Paolo Ardoino, CEO of Tether. “Kotani Pay’s vision and strong regional presence make it the right fit to drive our shared goals in Africa and beyond. Together, we aim to empower enterprises and individuals to access digital assets for their global operations, reduce friction in cross-border transactions, and build a more inclusive financial future.”
“At Kotani Pay, we have been fortunate to witness and build on the rising usage of blockchain technology across Africa,” added Felix Macharia, CEO and Co-founder of Kotani Pay. “This strategic investment from Tether positions us to further connect millions of Africans to the global financial system and build tools of wealth creation for businesses and individuals.”
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