80eight Says it Now Processes $18M in Monthly Transactions

In Short

80eight says it processes about US$18 million, or R300 million, in transactions each month. The South African fintech links the increase to rising business demand for faster and cheaper cross-border payments.

What Happened: How 80eight Uses Stablecoins For Cross-Border Payments

80eight is a South African fintech that says it now processes about US$18 million (R300 million) in monthly transaction volume.

The company says businesses are looking for faster, more affordable, and more flexible ways to move money across borders.

Founded in 2018, 80eight started in trading and brokerage. It has since expanded into what it describes as a broader financial platform offering cross-border payments, foreign exchange, treasury services, and digital asset solutions, mainly for businesses.

80eight operates in South Africa, the United Arab Emirates (UAE) and Europe. It says it combines established financial services with blockchain-enabled payment infrastructure, including stablecoins, to address long-standing cross-border transaction problems.

80eight says Faadil Moti, co-founder and CEO, has led its shift from trading and brokerage to a wider platform. The company was co-founded with his brother, Zaydan Moti, who serves as creative director and oversees technology, brand development and financial innovation.

As part of its growth strategy, 80eight says it is developing an integrated financial ecosystem that brings together digital wallets, payment services, treasury management and stablecoin-based solutions.

Why It Matters

80eight is positioning stablecoins and blockchain-enabled payment infrastructure as one way to reduce the slow, expensive, and complex processes businesses often face when sending money through traditional banking channels.

Its roadmap signals a continued focus on bundling multiple business finance tools, including wallets and treasury management, into one connected experience.