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Storspay
A cross-border payroll platform for US small businesses to pay employees, contractors, and suppliers in Africa and Latin America with same-day settlement.
Storspay Product Overview
Is Storspay Right for You?
Liners prepares and updates these highlights as product information changes. Editorial standardsBest For
- US small businesses
- Africa payroll runs
What It Does Well
- Same-day settlement
- Cross-border team payouts
Things to Check
- Latin America countries
- Supported payout methods
About Storspay
Storspay is a cross-border payroll and B2B payouts platform for US small businesses that need to pay employees, contractors, and suppliers across Africa and Latin America.
Key capabilities include:
- USD funding via ACH or domestic wire into a Storspay-issued virtual account, with KYB required and corporate funds only
- Stablecoin settlement using USDC on Base, designed to reduce transfer costs and enable same-day settlement
- Local-currency delivery through licensed in-country partners to recipients’ bank accounts or mobile-money wallets, with traceable payment flows
- Corridor coverage across Nigeria, Kenya, Ghana, Uganda, and South Africa, with additional Latin America corridors listed for Mexico, Brazil, Colombia, and Argentina
Available on Web.
It targets US businesses running international payroll or supplier payments, and it does not support personal remittances.
Storspay is notable in the Africa payments context because it focuses on business payouts into African banks and mobile-money wallets using USDC settlement rails while relying on licensed partners for local delivery and custody rather than holding customer funds directly.
Storspay Facts
Liners compiles product facts from official websites, app stores, documentation, trusted public sources, and details shared by product teams during editorial review. We also consider crowdsourced updates when they include verifiable evidence, and refresh facts as information changes. How we source dataOperates In
Official Links
What it does
Pricing & Fees
Variable pricingStorspay charges 0.5–1.5% all-in depending on volume and corridor; that single rate covers everything: conversion, settlement, and local delivery.
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Storspay Funding History
Liners compiles funding history from company announcements, investor records, and trusted reporting. We refresh it as new rounds are confirmed. How we source dataStorspay has raised $820K across 2 recorded funding events. The latest was Seed in Apr 2023.
- Total Raised:
- $820K
- Latest Round:
- Seed
Storspay Investors & Funding Rounds
Frequently Asked Questions About Storspay
Storspay is a cross-border payroll and B2B payouts platform for US small businesses to pay employees, contractors, and suppliers in Africa and Latin America with same-day settlement. You fund a Storspay-issued virtual USD account via ACH or domestic wire (KYB required, corporate funds only), funds convert to USDC on Base for low-cost settlement, and licensed in-country partners deliver them in local currency to bank accounts or mobile-money wallets.
Storspay charges 0.5–1.5% all-in cost per transaction.
Storspay operates in Nigeria, Kenya, Ghana, Uganda, and South Africa, with additional corridors in Mexico, Brazil, Colombia, and Argentina.
No, Storspay is available on web only.
Storspay is best suited for US small businesses paying employees, contractors, or suppliers in Africa and Latin America via corporate USD funds (KYB required; no personal remittances).
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