Nigerian fintech company 100Pay has made a strategic move to accelerate the adoption of cryptocurrencies in the country.

The company recently announced the launch of a $200,000 startup fund aimed at providing emerging businesses with the tools and resources needed to integrate cryptocurrency payments into their operations.

This initiative aligns with 100Pay’s broader goal of expanding cryptocurrency payments across various sectors in Nigeria.

By offering startups financial support and guidance, the company aims to make it easier for businesses to accept cryptocurrencies and benefit from the advantages they offer.

To support its growth ambitions, 100Pay has also opened a new 4,000-square-meter headquarters in Port Harcourt.

This expansion signifies the company’s commitment to strengthening its presence in the Nigerian market and expanding its operations across Africa.

100Pay is actively seeking strategic partnerships with major technology and retail brands to further enhance its ecosystem and increase the reach of its cryptocurrency payment services.

The company also plans to hire an additional 1,000 employees over the next two years to support its growth initiatives.

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The startup fund is expected to benefit a wide range of companies, including Everest Mobility, Cloudnotte, and Meedleman.

By providing these startups with the necessary funding and support, 100Pay is contributing to the growth and innovation of the Nigerian tech ecosystem.

Key benefits of using 100Pay:

• Secure and borderless payments: Accept over 22 cryptocurrencies online and in-person.
• Fully integrated payments suite: Includes ICO/IDO launchpad, customisable checkout, and API integration.
• Empowering businesses and developers: simplify complex blockchain technologies and leverage the power of cryptocurrencies.
• Tap into a growing market: Benefit from the potential for significant wealth transfer in the cryptocurrency market.

By choosing 100Pay, businesses can not only benefit from secure and efficient cryptocurrency payments but also contribute to the growth and development of the Nigerian tech ecosystem.

100Pay offers a secure and convenient solution for businesses to accept cryptocurrency payments both online and in person.

With support for a wide range of cryptocurrencies, businesses can expand their customer base and reach a global market. The platform prioritises transaction security to protect both businesses and customers.

Beyond its core payment gateway, 100Pay provides a comprehensive suite of tools to streamline cryptocurrency operations.

These include an ICO/IDO launchpad for businesses seeking to raise funds through token sales, a customisable checkout to enhance the customer experience, and API integration for seamless integration with existing websites and apps.

100Pay is more than just a payment platform. It’s a community of experts dedicated to advancing the cryptocurrency ecosystem.

The team’s expertise in engineering, blockchain development, and business development is instrumental in simplifying complex blockchain technologies and making them accessible to businesses and developers.

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The cryptocurrency market presents a vast opportunity for businesses. With a total market capitalisation exceeding $2 trillion and only a small portion of the global population currently involved, there’s immense potential for growth and wealth generation.

By partnering with 100Pay, businesses can not only benefit from secure, borderless payments but also contribute to the innovation and development of the Nigerian tech ecosystem.

With its comprehensive suite of tools and commitment to empowering businesses, 100Pay is a valuable partner in the journey towards a more connected and prosperous future.