The settlement layer Africa has been missing.
We are not a crypto company. We are a payments company that happens to run on better rails.
Who we are
PALESA — the Pan-African Low-cost Exchange and Settlement Application — is building the payment and settlement layer that Africa's economy has been missing.
PALESA was founded by four friends with deep industry insight — who came together with complementary backgrounds spanning fintech, traditional banking, and stablecoins. That combination shapes everything we build.
The compliance discipline of banking
Licensing, controls and the unglamorous work that decides whether money is allowed to move at all.The product instincts of fintech
An interface that assumes nothing about technical fluency, because most of the people we serve have none to spare.The settlement speed of stablecoins
Value that clears in seconds for cents, over rails that are already running.Why we exist
Moving money in and around Africa is broken — and not in one uniform way.
A nurse abroad
Sends money home, loses close to a tenth of it to fees, and waits days for it to arrive.
A market trader
Has a paying customer across the ocean, and no way to accept that payment.
An importer
Is routed through SWIFT and multiple correspondent banks, each taking a cut and a day, with no visibility into where the money is.
Millions holding local currency
Carry a risk they never chose, and have no way to manage it.
Four different people, four different problems — and one missing piece of infrastructure underneath all of them. We started PALESA to build that piece.
One platform, four products
A shared compliance stack, a shared liquidity engine, one set of rails — delivered through four products built for the people who need them most.
PALESA Wallet
A consumer wallet holding cedis and dollar stablecoins side by side, built to work over USSD on any phone, not just a smartphone.
See the productPALESA Pay
Merchant payment acceptance for everyone from a single market stall to a national retail chain, with settlement in whichever currency the merchant prefers.
See the productPALESA Send
Diaspora remittance from the UK, US, EU, and Canada, with the amount your family receives guaranteed before you pay.
See the productPALESA Business
Multi-currency treasury for SMEs, importers, and exporters, replacing SWIFT with instant, transparent settlement.
See the productThe infrastructure for moving money across Africa should be as fast, cheap, and reliable as sending a text message.
The technology to do this already exists — what has been missing is a team willing to build the compliance, liquidity, and trust that sit around it. That is the company we are building.
Money that moves as fast as a message.
Hold dollars, send across borders in seconds, and cash out through the mobile money you already use.