SA Fintech Lumepay Raises USD 6 M Pre-Seed To Expand African Cross-Border Payments

Lumepay, a South African cross-border payments startup founded in 2025 by Harry Huang, Luc Varejes and Tatenda Nhemachena, has raised USD 6 M in pre-seed funding from founder-led angel investors and South African fintech backers.

Headquartered in Cape Town, the company provides cross-border payment and foreign exchange infrastructure to businesses, combining traditional banking networks with stablecoin-based settlement rails.

The round closed in early 2026, alongside approximately USD 10 M in capital float to support client liquidity. Lumepay operates across several African markets, including Nigeria, Ghana, Kenya and Tanzania, and says its payments platform and digital asset trading venue have attracted 6,000 businesses and individuals since launch.