Lumepay raises $6M pre-seed for African cross-border B2B payments

Lumepay has disclosed a $6 million pre-seed round from founder-led angels and South African fintech investors. The round closed at the start of 2026, and the company also secured about $10 million in capital float to anchor liquidity for clients.

The Cape Town company was founded in 2025 by Harry Huang, Luc Varejes and Tatenda Nhemachena. It provides cross-border payments and FX for SMEs, corporates and institutions, combining traditional banking networks with stablecoin settlement rails.

It launched Lumetrade, a digital asset and stablecoin trading venue, in April and its cross-border payments platform in June. The two products have attracted 6,000 businesses and individuals. Lumepay is live in markets including Nigeria, Ghana, Kenya and Tanzania, and works with Nedbank as sponsoring bank for domestic rand collections and disbursements.