YDPay Expands Crypto–Fiat Access in Nigeria
YDPay, a fast-growing digital asset platform focused on simplifying crypto access and settlements across Africa, has continued gain traction following the successful launch of its mobile applications and expanded suite of financial services.
A press statement from the company noted that YDPay was launched to address the growing demand for seamless crypto-to-fiat transactions, access to global payments and foreign exchange in emerging markets.
it noted that YDPay has positioned itself as a trusted infrastructure layer for individuals, merchants, and institutions seeking fast, secure, and compliant digital asset and stablecoin solutions.
It read in part, “Nigeria remains one of the world’s most active crypto markets, driven by a young, digital-first population and increasing demand for borderless financial tools. YDPay is designed with these realities in mind while prioritizing speed, ease of use, and local and international banking integrations.
“With strategic launch in West Africa, with key markets like Nigeria,YDPay enables users to easily deposit crypto, swap assets, and withdraw funds directly to local bank accounts, removing friction commonly associated with cross-border payments and crypto liquidity access with fast settlements and competitive rates.”
YDPay identified its target audience first-time crypto users and advanced traders in Africa, and businesses seeking low-cost, fast digital finance solutions.
The company operates under a robust regulatory framework, holding an MSB licence in Canada and actively pursuing VASP licensing from the Securities and Exchange Commission in Nigeria.
Looking ahead, YDPay said it plans to scale its infrastructure further, expand partnerships, and introduce new features to improve speed, affordability, and accessibility. “Future initiatives include deeper merchant integrations, a YDPay card programme, enhanced API solutions for enterprises, and community-driven campaigns to educate users on safe and practical crypto usage.
“With these developments, YDPay is steadily positioning itself as a key player in Africa’s evolving fintech and Web3 landscape,” the company added.
