Konnadex is a payment gateway that enables businesses to receive and hold stablecoins directly from their customers.
Our mission is to make stablecoin payments simple, accessible, and usable for everyday businesses, empowering merchants to seamlessly accept, hold, and convert stablecoins into local currencies while bridging the gap between crypto and real-world commerce.
Millions across Africa hold stablecoins, yet they can’t spend them in everyday commerce because businesses lack the infrastructure to accept stablecoin payments.
Businesses face difficulty receiving stablecoins directly from customers, no easy way to convert them to local currency, and fragmented blockchain networks that are hard to support.
Konnadex is solving this problem by providing a payment gateway that simplifies stablecoin payments for businesses. It offers chain-agnostic APIs to accept stablecoins across multiple blockchains (including Lisk), easy wallet creation, and an API plug-in that enables seamless stablecoin transactions for goods and services.
Konnadex operates on a B2B model, providing businesses with the tools to accept, hold, and off-ramp stablecoin payments seamlessly. Revenue is generated through a simple and transparent fee structure: Transaction Fee: 1% per stablecoin payment received. Invoice Charge: 1% per invoice paid through Konnadex. Withdrawal Fee: $0.20 per withdrawal to local currency.
Want to raise from VCs
Africa
20k USD
