Investor event

Storspay: A Faster, Cheaper Way to Pay Teams in Africa

Chamber member Storspay is tackling one of the biggest pain points for North American businesses operating in Africa: the cost and complexity of cross-border payments.Traditional bank wires to Africa typically cost 5–7% per transaction and can take days to clear. Storspay brings that down to from 2% all-in, with same-day settlement in local currency — no SWIFT fees, no intermediary banks, no week-long waits. Recipients receive funds directly in their existing bank or mobile-money account.The platform is live in 15 corridors across Africa and Latin America, including Nigeria, Kenya, Ghana, South Africa, Côte d'Ivoire, Senegal, and the broader CFA zone — giving businesses a single dashboard for payroll and supplier payments across the continent.Founder and CEO Dr. Sam Alonge (Techstars NYC, Inc. 500 Founders 2025) will be speaking at Africa Accelerating 2026 in Toronto this October.