Accrue

Accrue is a cross-border fintech platform built to solve the persistent challenge of moving money across Africa and between the African continent and the United States. Headquartered across Lagos, Accra, and Delaware, the platform offers individuals and businesses a fast, low-cost alternative to traditional wire transfers and informal remittance channels, completing payouts to bank accounts, mobile money wallets, and M-Pesa in under five minutes.

Origins and Pivot

Accrue was founded in 2021 by Clinton Mbah, Adesuwa Omoruyi, and Zino Asamaige, three former employees of Helicarrier, the company behind Nigerian crypto exchange Buycoins. The platform originally launched as a beginner-friendly crypto and stock investment app, letting users in Africa buy and track digital assets alongside equities. When the 2022 crypto downturn hit and African currency volatility sharpened the demand for dollar-denominated financial tools, the founding team pivoted sharply. Accrue discontinued stock trading in 2024 and refocused entirely on cross-border payments, dollar savings, and stablecoin infrastructure, a strategic shift that proved prescient as stablecoin adoption accelerated across the continent.

Cashramp: The Core Infrastructure

The centerpiece of Accrue's consumer product is Cashramp, a proprietary cross-border payment rail that underpins transfers to 15 or more African nations. Rather than relying solely on correspondent banking networks, Cashramp operates through a human agent model: local agents in each market provide on-the-ground liquidity, accepting stablecoins on one side and disbursing local currency, via bank transfer or mobile money, on the other. This approach sidesteps the delays and high fees that have historically plagued African remittances and gives Cashramp meaningful depth in markets where traditional fintech infrastructure remains thin.

Before the January 2025 seed round, Accrue's agent network spanned roughly seven countries. By mid-2025, that network had grown to cover more than fifteen African markets, with the deepest liquidity pools in Nigeria, Ghana, Kenya, and Cameroon. Expansion into Francophone West Africa followed shortly after, with agents added in Benin, Togo, Burkina Faso, and Mali, as well as new presences in Uganda, Tanzania, Rwanda, and Zambia.

Cashramp transaction volume nearly quadrupled between 2023 and 2024, then doubled again between 2024 and 2025. The platform has processed between 30 million and 50 million USD in Cashramp volume alone since launch, contributing to a total platform volume of 70 million to 100 million USD.

Consumer Product Suite

Beyond Cashramp, Accrue offers a layered set of dollar-denominated financial tools for individuals:

Virtual USD accounts provide a fully functional US bank account, complete with routing and account numbers, that can be opened in under five minutes without visiting a branch or navigating complex compliance paperwork. These accounts support ACH payments and international wire reception, allowing African freelancers, remote workers, and entrepreneurs to receive dollar payments directly.

Virtual Visa card is Accrue's contactless virtual dollar card that allows users to make online purchases globally. The card supports tap-to-pay and carries Visa's acceptance network.

Dollar savings offer up to 7% annual interest on balances held in USD, providing a hedge against local currency depreciation, a particularly valued feature for users in markets experiencing high inflation.

USDC deposits are supported via multiple blockchain networks, allowing users to top up their Accrue wallets with the stablecoin directly on-chain. Funds are credited in real time once the transaction confirms on the chosen network.

Crewtag enables free instant peer-to-peer transfers between Accrue users, building a network-effect payment layer on top of the broader infrastructure.

The consumer app carries a 4.4-star rating and has accumulated over 350,000 users across eight or more African countries.

Accrue Business

In July 2026, Accrue launched Accrue Business, a stablecoin-powered banking platform designed for African companies with cross-border payment needs. Accrue Business allows businesses to hold, send, and receive USDC and USDT across major blockchain networks, issue virtual cards with spending controls, create invoices, run stablecoin-based payroll, and manage vendor payments globally. The platform consolidates USD and EUR accounts, local African collections, and scheduled payouts into a single dashboard with role-based team permissions and developer APIs.

Pricing is transparent: a flat 1.5% fee capped at 2 USD per transaction. The product targets businesses already operating across multiple African markets or serving international clients, positioning Accrue as an end-to-end financial operating system rather than a point solution.

Funding and Growth

In January 2025, Accrue closed a 1.58 million USD seed round led by Lattice Fund, a crypto-focused investment firm with a Solana ecosystem emphasis. Additional investors included Maven 11, Lava VC, Kraynos Capital, and Distributed Capital, alongside strategic angels. Lattice Fund cited the agent network model as particularly compelling for reaching the continent's large underbanked population.

The company achieved profitability by mid-2023, before closing its seed round, giving it unusual financial standing for an early-stage African fintech. The platform carries a 4.4-star rating on the Google Play Store.

Team and Structure

Accrue operates out of offices in Lagos, Accra, and Delaware. Co-founders Clinton Mbah, Adesuwa Omoruyi, and Zino Asamaige each bring direct experience building crypto and fintech products for African markets from their time at Helicarrier. The Lagos and Accra presences reflect the company's dual focus on Nigeria and Ghana as its deepest consumer markets, while the Delaware entity provides the legal structure for US-side financial operations.