Daya has raised $2.4 million in pre-seed funding to build a stablecoin payment stack for African businesses, according to Unchained.

The reported round was led by Hivemind Capital and included a strategic investment from the Aptos Foundation. The useful signal is not just the size of the raise, which is modest by crypto infrastructure standards, but the target market: business payments and cross-border trade in regions where currency volatility, settlement delays, and correspondent banking costs can make ordinary invoices harder to move.

Daya's public site currently presents the company as a wallet and consumer finance product, with messaging around transactions, rewards, and African users. The new funding report suggests the company is trying to move beyond that consumer-facing surface into merchant and business payment infrastructure, where stablecoins can function as settlement rails rather than speculative assets.

That puts Daya in a crowded but important category. Stablecoin startups across emerging markets are pitching faster dollar-linked settlement for importers, exporters, freelancers, and small businesses that already deal with FX friction. The hard part is less the token transfer itself than compliance, liquidity, local payout coverage, user support, and trust.

For now, the conservative read is that Daya has fresh capital and named backers for an Africa-focused stablecoin payments push. Whether that becomes durable infrastructure will depend on whether it can turn wallet usage into reliable business payment flows.