Description.
Juicyway was founded in 2021 by Idris Ibrahim and Justin Ziegler, launching from stealth mode in December 2024 after already processing $1.3 billion across 25,000 transactions for over 4,000 customers. The company provides cross-border payment and treasury management solutions for businesses, enabling seamless money transfers and FX management across Nigeria, USA, Canada, UK, Poland, and Germany with a team of 48-60 employees.
Juicyway uses stablecoin technology to transform cross-border payments, offering multi-currency accounts that handle both local and foreign currency transactions including Nigerian Naira (NGN), US Dollar (USD), Canadian Dollar (CAD), and stablecoins. The company raised $3.0M in Pre-Seed funding on December 16, 2024, led by P1 Ventures with participation from Ventures Platform, Future Africa, Magic Fund, and angel investors including Andrew Alli and Gbenga Oyebode. Juicyway is licensed to operate in Nigeria, USA, Canada, and the UK.
Key Infrastructure.
Collect Globally
Enables businesses to receive payments globally with multi-currency support including Nigerian Naira, USD, CAD, and stablecoins, processing transactions across borders with competitive FX rates and seamless settlement for merchants and enterprises.
Cross-border Payments
Core infrastructure enabling businesses to send and receive money across Nigeria, USA, Canada, UK, Poland, and Germany using stablecoin technology for faster, cheaper transactions compared to traditional banking rails.
Treasury Management
Provides businesses with tools to manage foreign exchange exposure, handle multi-currency operations, and optimize cash flow across different markets with real-time visibility and control over global funds.
Exchange
Internal FX exchange capabilities allowing businesses to convert between local currencies (NGN, USD, CAD) and stablecoins with transparent pricing and efficient settlement for cross-border operations.
Transfers
Seamless money transfer infrastructure supporting both fiat and stablecoin-based transfers across supported countries, enabling businesses to pay suppliers, employees, and partners globally.
Payment Processing
Backend payment processing infrastructure for businesses requiring reliable, compliant payment handling with built-in KYC/AML compliance and multi-currency support for global commerce.
Additional Features.
MOR (Manage-Owned Revenue)
Feature allowing businesses to manage and track their cross-border revenue streams with real-time reporting, multi-currency consolidation, and automated reconciliation for finance teams.
Spend Management
Business spend management tools enabling companies to issue, control, and track employee spending across borders with appropriate approval workflows and real-time visibility.
Crypto Integration
Supports stablecoin transactions alongside fiat currencies, enabling businesses to leverage crypto's speed and cost advantages while maintaining compliance with local regulations in supported jurisdictions.
Multi-Currency Accounts
Accounts supporting Nigerian Naira (NGN), US Dollar (USD), Canadian Dollar (CAD), and stablecoins, allowing businesses to hold and transact in local and foreign currencies seamlessly.
API-First Platform
Developer-friendly API infrastructure enabling fintechs and businesses to integrate cross-border payment capabilities directly into their own applications and workflows with documented endpoints.
Compliance Built-in
Integrated KYC/AML compliance framework with licensing in Nigeria, USA, Canada, and UK, ensuring regulatory adherence across all supported markets with built-in transaction monitoring.
