Seamount

Seamount is a Nairobi-based financial infrastructure platform that describes itself as "Digital Money Rails" for emerging markets. Founded in 2025, it targets retail users, creatives, and small-to-medium enterprises in Africa who want borderless crypto payments, self-custody wallets, and yield-generating investment products, with the stated goal of building an "Ownership Economy for Everyone."

How It Works

Signing up on Seamount gives each user six self-custody wallets simultaneously: one each on Algorand, Bitcoin, Ethereum, Polygon, Solana, and Tron. Users can fund these wallets by receiving tokens directly, purchasing via P2P merchants who accept local currencies, or connecting to Paystack and Flutterwave — payment processors widely used across Nigeria and Kenya. Withdrawing back to local fiat is described as instant through off-ramp integrations with the same local payment rails.

Once funded, users can send payments globally to any compatible address, swap between supported tokens on the platform, or deploy capital into Seamount's two structured investment tiers.

The platform describes itself as "Powered by Tether WDK + Circle Arc + XRP Ledger," indicating that core infrastructure for stablecoin issuance, wallet creation, and settlement relies on Tether's Wallet Development Kit, Circle's infrastructure, and the XRP Ledger as a settlement network.

Solana Integration

Solana is one of the six chains on which every Seamount account receives a wallet at signup. Users can hold, receive, and send SOL and Solana-based tokens through their Seamount wallet, and those balances appear within the consolidated multi-chain dashboard alongside balances on other networks. The platform makes no claims about Solana-specific yield strategies or Solana-exclusive features beyond native wallet support.

Investment Products

Seamount offers two yield tiers:

Prime Tier targets 5.25% net APY with instant liquidity. This is marketed as the accessible entry point for users who want yield without locking up capital.

Alpha Tier targets 8.20% net APY with quarterly liquidity. The platform's own fee calculator discloses the underlying economics: the gross fund yield is approximately 11%, the fund manager takes a 2% management fee and 20% performance fee (equating to roughly 2.2%), and Seamount charges a 0.5% platform fee, leaving the net APY at 8.3%. The disclosed fund manager for this tier is Apollo Global, with Securitize Capital listed as platform partner. The platform assigns a risk score of 55 out of 100 for this strategy.

Seamount includes a note that investment services operate through licensed fund managers and that all investment products are managed by third-party licensed entities. It does not explicitly name a regulatory authority or jurisdiction under which these products are licensed on the main page.

Business Solutions

Seamount offers four enterprise-facing services:

Asset Tokenization allows businesses to convert company shares — including those of private companies — into continuously tradeable digital securities. The platform positions this as a 24/7 alternative to traditional equity structures.

Digital Treasury provides working capital management aimed at businesses that need multi-currency accounts, foreign exchange support, global payments, and yield generation on idle reserves.

Market Intelligence packages on-chain analytics and market data for businesses looking to monitor DeFi conditions or optimize treasury strategy.

Real-Time AML and Fraud Detection is Seamount's compliance product, also marketed separately at kori.seamount.io under the name "Kori." Kori uses a Neo4j graph database to map relationships between accounts, devices, SIM cards, wallets, and merchants, generating alerts in under two seconds when risk thresholds are exceeded. It is aligned with Nigeria's CBN Baseline Standards and Kenya's CBK AML Guidelines, and is targeted at banks, fintechs, and virtual asset service providers in those two markets.

Target Market and Positioning

Seamount's office is located at Wood Avenue in Kilimani, a commercial district in Nairobi, Kenya. The contact number carries a Kenyan +254 prefix. Its local payment integrations — Paystack (Nigeria-focused) and Flutterwave (pan-African) — confirm an Africa-first user base.

The platform's homepage messaging explicitly names "creatives and SMEs" as its primary intended users, distinguishing its positioning from infrastructure platforms built primarily for institutional traders or crypto-native users. The P2P merchant network for local currency purchases is consistent with serving users who may not have straightforward access to bank-linked crypto exchanges.

Supported Tokens and Networks

Supported networks at launch include Algorand (ALGO), Bitcoin (BTC), Ethereum (ETH), Polygon (POL), Tron (TRX), and Solana (SOL). Stablecoins are implied by the Tether WDK and Circle Arc integrations, though specific stablecoin tickers were not detailed in publicly available documentation at the time of this writing.

Security and Audit Status

No independent smart contract audits or security assessments were listed on the Seamount website. The platform notes that investment products are "managed by third-party licensed entities" (Apollo Global, Securitize Capital) and that AML functionality runs "entirely on-premise" for institutional clients, but no third-party security audit reports for the wallet or payment infrastructure were disclosed.

Ecosystem Fit

Within the Solana ecosystem, Seamount is a multi-chain wallet and payments application that extends Solana's reach into African retail markets. It competes loosely with other multi-chain wallets that support Solana, but its differentiation lies in fiat on/off-ramp integrations for local African currencies, yield products backed by traditional asset managers, and a complementary AML compliance product for regulated financial institutions. The combination of consumer wallet infrastructure with an enterprise compliance layer positions Seamount as a vertically integrated operator rather than a single-function dApp.