Esca Finance says it helps emerging-market businesses manage FX risk using stablecoins and Bitcoin, after founder Shalom Osiadi saw naira losses hit family assets.
Esca Finance is pitching an FX platform for businesses in volatile markets like Nigeria.
The company says it helps firms hedge currency exposure, meaning they reduce losses when exchange rates move against them.
Founder Shalom Osiadi says the idea came after naira swings cut the dollar value of his family’s Nigerian property.
Osiadi traced Esca Finance back to a personal shock in 2022. As the naira weakened against the US dollar, his parents in Ireland saw the dollar value of Nigerian real estate they owned drop sharply, even though the properties themselves had not changed.
He said the experience clarified a broader problem for African companies. If a business earns revenue in a weakening local currency, holding that currency can become a risk rather than a store of value.
In 2023, Osiadi founded Esca Finance to serve clients in emerging markets that need more predictable access to foreign exchange.
Esca Finance says its infrastructure uses stablecoins and Bitcoin to support hedging. Stablecoins are cryptocurrencies designed to track a stable asset like the euro or the dollar, similar to holding digital cash that does not swing like typical crypto.
For importers, cross-border sellers, and companies paying international suppliers, FX volatility can hit margins overnight. Tools that lock in a rate, or provide euro and dollar exposure, can make pricing and cash flow easier to manage.
The approach also reflects a wider fintech trend in Africa, where crypto rails are increasingly used behind the scenes for treasury, settlement, and multi-currency operations, not just trading.
Esca Finance is listed on Liners as Esca.
Breet — Crypto & Stablecoins Payment API for African Businesses 
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