Tapnob Launches Crypto to Naira Payments Platform to Transform Cross-Border Transfers

Tapnob launches a crypto to naira payments platform enabling instant, low-cost cross-border transfers and seamless digital asset conversion for users and businesses

A financial technology startup, Tapnob, has unveiled a new crypto to naira payments platform aimed at simplifying cross-border money transfers and reducing the friction associated with traditional remittance systems.

In a statement signed by Chief Executive Officer Fishon Amos on Thursday, the company revealed that the platform, which officially went public on July 15, 2025, enables users to send digital assets such as Bitcoin, USDT, and USDC, while recipients instantly receive the naira equivalent. The system locks in exchange rates at the point of transaction, eliminating volatility risks.

The newly launched crypto to naira payments platform is designed to address long-standing challenges in Nigeria’s remittance ecosystem, including high transaction fees, processing delays, and security concerns tied to informal peer-to-peer crypto exchanges.

Simplifying Global Payments for Users

According to Amos, the platform bridges the gap between global digital assets and local financial systems without requiring users to have in-depth knowledge of cryptocurrency.

“We’re building infrastructure that allows people to send and receive money globally while still interacting with the local systems they trust. Speed, transparency, and reliability remain our core priorities,” he said.

Empowering Businesses and Merchants

Tapnob also highlighted the platform’s utility for businesses, noting that merchants such as hotels, travel agencies, event organizers, and freelancers can now accept international payments and receive settlements directly in naira.

This eliminates the need for foreign bank accounts and simplifies global transactions for small and medium enterprises.

Between July and December 2025, the company reported millions in transaction volume, driven largely by organic user adoption, alongside strong transaction success and retention rates.

Technology Driving Instant Transactions

On the technical side, Chief Technology Officer Mubarak Aminu explained that the platform integrates Bitcoin’s Lightning Network with stablecoin systems and local payout infrastructure to deliver near-instant and low-cost transactions.

“Under the hood, we are combining Bitcoin and stablecoin rails with local payout systems to make transfers feel instant. The goal is to build a system users can depend on every time,” Aminu said.

Rising Crypto Adoption in Africa

Tapnob further noted that growing cryptocurrency adoption across Africa, particularly the use of stablecoins for preserving value amid currency fluctuations, is fueling demand for solutions like its crypto to naira payments platform.

With its focus on compliance, speed, and seamless conversion, Tapnob aims to position itself as a key player in Africa’s evolving digital finance ecosystem.