Daya Raises $2.4 Million in Pre-Seed Funding to Simplify Cross-Border Payments

Daya  has announced the successful completion of a $2.4 million pre-seed funding round aimed at building a financial operating layer for Africans conducting cross-border transactions. The funding round was led by Hivemind Capital, with participation from Alliance, Lattice, Globelink Holding, and the Aptos Foundation.

The investment will support Daya’s mission to simplify the movement of money across borders by enabling businesses and individuals to collect funds locally, convert currencies efficiently, and settle transactions globally. The company seeks to address longstanding challenges associated with cross-border payments, including high costs, manual processes, and operational inefficiencies.

Daya is positioning itself as a financial infrastructure platform designed to serve businesses, freelancers, suppliers, and individuals who regularly receive international payments or transfer funds between countries. The company aims to streamline financial operations by providing more reliable, efficient, and cost-effective payment solutions for African users operating in global markets.

According to the company, many businesses and individuals continue to face fragmented and expensive payment systems that make cross-border transactions difficult to manage. Daya intends to reduce these barriers by developing a financial operating platform that simplifies payment collection, currency conversion, and global settlement processes.

The successful completion of the pre-seed round reflects growing investor interest in financial technology solutions that address Africa’s cross-border payment challenges. With support from its investors, Daya plans to expand its platform capabilities and strengthen financial infrastructure that enables businesses and individuals across Africa to participate more effectively in the global economy.