Accrue, an agent-led stablecoin fintech operating across multiple African markets, has unveiled a new banking platform tailored for small and medium-sized businesses (SMEs), positioning itself to capture the growing demand for faster and more affordable cross-border payments.
The newly launched platform, Accrue Business, enables companies to hold, send, and receive stablecoins, access virtual US dollar and euro accounts, generate invoices, issue virtual cards, and run stablecoin-based payroll systems all within a single integrated infrastructure. The solution builds on the same backbone powering Cashramp, Accrue’s consumer remittance product, extending its capabilities to business users.
Speaking on the development, Accrue’s Co-founder and CEO, Clinton Mbah, said the move was driven by rising demand from businesses seeking alternatives to slow and expensive traditional payment systems. He noted that while individuals had already benefited from faster remittance services, businesses across Africa began demanding similar efficiency in handling international transactions.
The launch comes at a time when Africa’s cross-border payments market is witnessing rapid expansion, having processed an estimated $329 billion in 2025, with projections to reach $1 trillion by 2035. This surge has accelerated the adoption of stablecoin-based solutions among fintech firms aiming to address longstanding bottlenecks in international commerce.
Accrue joins a growing list of fintech players leveraging stablecoin infrastructure to facilitate global transactions. However, the company distinguishes itself through its agent-driven model, which operates across more than 15 African countries. The system connects users with local agents who provide liquidity, converting local currencies into stablecoins and settling transactions on the receiving end without relying on traditional banks or intermediaries.
This decentralized approach allows Accrue to significantly reduce transaction costs, charging businesses around 1% per transaction, while US dollar transfers attract fees of about 0.5% or slightly higher depending on volume. The company retains the majority of transaction margins, with a portion allocated to its network of peer-to-peer agents.
To ensure reliability, Accrue maintains a closed network of vetted agents, whose performance determines their continued participation in the system. Many of these agents, often young individuals without formal employment, earn steady income through transaction processing, with some making over $150 monthly depending on their liquidity capacity.
The fintech also offers credit lines in stablecoins to high-performing agents, enabling them to handle larger transactions without upfront capital. Repayment is automated through ongoing transaction activity, further strengthening the efficiency of the network.
Accrue’s growth trajectory has been driven by this model, with its Cashramp product recording significant increases in transaction volumes over the past two years. The company has processed between $70 million and $100 million in total transactions since inception, with a substantial share attributed to its remittance services.
With the launch of Accrue Business, the company is now scaling its infrastructure to serve SMEs, particularly sole proprietors and cross-border traders underserved by conventional financial institutions. The platform currently handles between $600,000 and $700,000 in monthly transactions, with plans to increase transaction limits as liquidity expands.
Accrue’s expansion strategy focuses on entering underserved markets with high demand but limited fintech competition. The company has steadily grown its presence across West, East, and Central Africa, including recent expansions into Francophone countries such as Cameroon, Benin, Togo, Burkina Faso, and Mali.
Backed by a $1.58 million seed round raised in 2025, Accrue is investing in deepening its liquidity network and scaling operations across the continent. As adoption grows, the company aims to push transaction limits to as high as $500,000, targeting larger businesses engaged in high-volume cross-border trade.
The launch signals a broader shift in Africa’s fintech landscape, as stablecoins increasingly become a core tool for enabling seamless, low-cost global transactions for businesses across the continent.
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