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Ezeebit secures $2m funding to enhance cryptocurrency payment solutions in Africa

Cape Times

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December 10, 2025

EZEEBIT, the FSCA-regulated stablecoin and cryptocurrency payment infrastructure company, has announced the close of a $2.05 million (R35m) seed funding round.

- PHILIPPA LARKIN

The capital will be used to accelerate product development and merchant adoption in South Africa, Kenya, and Nigeria and expand strategic partnerships with banks, PSPs, and telcos.Ezeebit enables merchants to accept cryptocurrency payments with instant stablecoin settlement and next-business-day local fiat payouts.

Operating since 2023, it was founded by three brothers - Daniel, Jonathan, and David Katz - who saw firsthand how traditional payment systems were failing African merchants, Ezeebit was built from the ground up to solve real merchant problems with compliance-first infrastructure. The company serves brick-andmortar and online merchants across South Africa with expansion planned into the rest of Africa.

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