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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.

Cape Times'den DAHA FAZLA HİKAYE

Cape Times

Stormers keep calm as unbeaten run faces La Rochelle Champions Cup test

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Libstar shares surge 8% after mushroom business disposal and further restructuring

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Myanmar junta on hunt for 10 activists

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time to read

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Cape Times

Cape Times

Transnet cements partnership with ICTSI for Durban’s Pier 2 to boost maritime infrastructure

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time to read

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Suspect arrested over the murder of mother-to-be buried in shallow grave

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Cape Times

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Why Springboks hooker Marx isn’t a sure thing for SA Rugby's top honour

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Cape Times

Shareholders approve Anglo American's tie up with Teck Resources

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time to read

1 mins

December 11, 2025

Cape Times

SA food manufacturers feel the pinch as constrained consumer spening trends down

FOOD manufacturers are responding to South Africa's toughening economic environment by introducing smaller packs and adjusting pricing downwards to boost demand as consumers trend down in search of value offerings.

time to read

2 mins

December 11, 2025

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