Noah and Payd Partner to Deliver Instant, Low-Cost Global Payments for Africa’s Digital Workforce

Noah , a global payments infrastructure provider, and Payd , a financial operating system for African professionals, have announced a strategic partnership to dismantle the financial barriers facing Africa’s digital workforce. 

By integrating Noah’s infrastructure, Payd’s 30,000+ active users can now bypass outdated banking systems to receive international earnings instantly and at a fraction of the traditional cost.

Across Sub-Saharan Africa, a digital labor revolution is underway. However, while talent is distributed, opportunity is often throttled by a “Payroll Paradox.” Professionals earning globally face “lifting fees” and exchange rate losses of up to 10%, wait up to five business days for SWIFT wires to clear, and suffer immediate exposure to local inflation through forced currency conversions.

Together, Noah and Payd are replacing these slow banking correspondents with instant stablecoin infrastructure.

Global Accounts, Local Control

Through this integration, Payd users can generate unique Virtual IBANs (EUR) or US Routing Numbers (USD) provided by Noah directly within the Payd app. This allows African professionals to:

• Receive standard domestic transfers (ACH or SEPA) from US or European employers.

• Noah’s infrastructure converts incoming funds to stablecoins (USDC/USDT) and settles them into the Payd wallet in real-time.

• Users receive full value instantly and can choose to hold digital dollars, spend online, or off-ramp to local currency only when needed.

This seamless access is delivered at a cost significantly lower than the industry standard of 3-8%, providing a vital alternative to legacy banks and risky P2P markets.

Tailored Impact Across Africa’s Digital Markets

The partnership addresses specific economic realities across the continent’s leading tech hubs:

• Kenya: Freelancers can receive USD and off-ramp directly to M-Pesa in minutes, bypassing high spreads and the delays typical of the “Silicon Savannah.”

• Nigeria: The partnership democratizes access to USD accounts without the need for traditional “Domiciliary Account” bureaucracy, allowing users to convert to Naira at market-reflective rates.

• South Africa: Payd simplifies compliance with exchange controls by allowing remote workers to receive funds into virtual accounts and repatriate them only when necessary, avoiding high SWIFT fees.

• Senegal: The addition of Virtual EUR accounts allows West African freelancers to receive seamless SEPA transfers from EU clients and move funds instantly to local mobile money wallets like Wave or Orange Money.

The Future is Borderless

With Africa projected to host the largest global workforce by 2040, the Noah-Payd partnership builds the necessary settlement layer for a region-wide “brain gain.” By combining Noah’s regulated collection infrastructure with Payd’s localized financial tools, the two companies are ensuring that the global economy is finally accessible to the world’s youngest continent.