Fundraise

Pouchers raises $500K to power stablecoin payments for Nigerians

What's the deal? PouchersDealroom has a profile for this one. Try Dealroom →, a stablecoin-powered payments platform, has raised $500,000 in pre-seed funding and exited beta. The company helps Nigerians receive, hold, and spend money globally.

Why now? The funding lands as Pouchers moves from beta to a full launch, opening the platform to a wider base of users.

What's the endgame? Pouchers is building infrastructure that lets Nigerians tap stablecoins to move money across borders — receiving, holding, and spending in one place.

The signal: At $500,000, the round sits in the 24th percentile for pre-seed deal size, a modest entry point in a crowded stablecoin payments field. For African fintechs, stablecoins have become a practical tool for cross-border transfers where local currencies and banking rails fall short.

Image credit: pr_ip

Read more: TechCabal

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