Why This Nigerian Fintech Said ‘No’ to $500k—and ‘Yes’ to Global Money
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Why This Nigerian Fintech Said ‘No’ to $500k—and ‘Yes’ to Global Money
After becoming the first to launch crypto-funded Visa/Mastercard cards for 170 countries, EasySpend has unveiled corporate accounts, USD virtual accounts, and Stripe-powered payment links.
In an ecosystem where startups scramble for funding, EasySpend shocked the industry by turning down a $500,000 investment offer. Why? Because the team believed money wasn’t their biggest advantage — vision was.
That vision has already changed the landscape. EasySpend became the first fintech in Nigeria to give users the power to choose between Visa or Mastercard, fund their card with crypto, and spend in over 170 countries. Now, the startup is taking another bold step with the release of three powerful new products.
🌍 Introducing the Dollar Power Trio
• Corporate Accounts – Built for African SMEs and enterprises, making it possible to move millions daily without the restrictions and hidden charges that plague traditional banks.
• USD Virtual Accounts – Unlocking the experience of having a U.S. bank account, giving freelancers, students, and businesses direct access to dollars without borders.
• USD Payment Links (powered by Stripe) – A seamless way for creators, startups, and freelancers to get paid instantly from anywhere in the world, simply by sharing a link.
💬 Quotes From the Team
“We said no to $500k because EasySpend isn’t about chasing investors. It’s about solving real problems Africans face with money,” said Tobenna Okolo, CEO of EasySpend.
“Corporate accounts are our answer to the businesses struggling with daily limits and bank drama. We’ve built something that finally matches African ambition,” said Kenneth Nwankwo, Deputy CTO (Projects).
“Imagine sending a link and receiving USD within minutes. That’s the simplicity we’re giving freelancers and creators,” added Praise Odili, COO of EasySpend.
“Every new feature we launch is about scale and trust. We’re engineering EasySpend to be the app that grows with you, whether you’re an individual or a corporation,” said Adebiyi, CTO (Backend).
🚀 Building Africa’s Super App
EasySpend’s bold rejection of funding wasn’t a gamble — it was a statement. Today, with thousands of users, the startup is expanding its services into Europe and North America, while laying the groundwork for savings and investment products.
The mission is clear: build Africa’s first true financial super app, powered by USD access, crypto integration, and borderless payments.
About EasySpend
EasySpend is a fintech platform under Tocata Technologies LLC, building borderless financial tools for Africans and beyond. From crypto-funded Visa/Mastercard cards to USD virtual accounts, corporate accounts, and Stripe-powered USD payment links, EasySpend empowers individuals and businesses to spend, save, and earn globally.
📍 Website: www.easyspend.cc
📲 Socials: @easyspendapp
📲 Download EasySpend:
• Apple Store → https://apps.apple.com/app/easyspend/id6599855396
• Google Play Store → https://play.google.com/store/apps/details?id=com.tocata.easyspend
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