SeedFi is an app that helps users onramp and offramp stablecoins easily. It provides secure and cost effective methods to trade stablecoins like USDC,USDT,DAI etc via your local currency.The mission is to make it easy for users in Africa tohave access to stablecoins directly via local currency payment.

The adoption of crypto in Africa is hindered by limited fiat-to-crypto onramps, regulatory uncertainty, and poor integration with local payment methods. High transaction costs and complex onboarding further discourage users. A secure, user-friendly, and compliant onramp solution is needed to simplify access and drive adoption.

Limited fiat-to-crypto onramps, regulatory uncertainties, high transaction costs, and inadequate integration with local payment methods are significant challenges faced in accessing cryptocurrencies in Africa.

These obstacles hinder individuals and businesses from participating fully in the digital economy. Though there are several platforms that have emerged to address these challenges, offering services tailored to the African market. examples are Bitmama,Paychant, Yellowcard etc.
While these platforms have made strides in improving crypto accessibility, several areas require attention:

Transaction costs

Regulatory compliance

Integration with local systems etc

To effectively address these challenges, with seedfi we:

Tailor services to meet the specific needs of different regions, including language support and customer service, can improve user engagement. Collaborate with local financial institutions and fintech companies can facilitate smoother onramp and offramp processes. Integrate with popular mobile payment systems can simplify the user experience and expand access.