OneDosh, a fintech company operating in the United States and Nigeria, has raised $3 million in pre-seed funding to develop infrastructure for cross-border payments using stablecoins.

The company was founded in February 2025 by Jackson Ukuevo (Co-Founder & CEO), Godwin Okoye (Co-Founder), and Babatunde Osinowo (Co-Founder). The founders said their experiences with blocked cards, frozen accounts, delayed international transfers, and currency restrictions informed the company’s focus on improving how money moves across borders.

OneDosh currently allows users to transfer funds from the U.S. to Nigeria, hold value in stablecoins, and make payments using stablecoin-powered cards compatible with Apple Pay and Google Pay, depending on network and regional availability. The company is also developing a broader payment infrastructure aimed at linking wallets, cards, and markets into a single programmable system. The goal, according to the founders, is to enable stablecoins for real-
world, compliant payment use cases in regions where traditional cross-border systems remain costly or slow.

The founding team has experience at ZeroHash, Plaid, and Amazon, covering payments infrastructure, compliance operations, and product development. The pre-seed funding will be used to expand into additional payment corridors, strengthen liquidity partnerships, and hire senior team members.

The company said the investment is intended to increase the capacity of its platform to support cross-border spending and settlement as digital payment adoption grows.

“The funding allows us to address inefficiencies in traditional cross-border transfers and to provide faster, more accessible options for users,” said a company representative. “Our focus is on connecting wallets and markets while maintaining compliance, particularly in corridors where remittance systems are constrained.”

The move highlights ongoing efforts by fintech companies to use blockchain and stablecoin technologies to improve international money transfers, particularly between major remittance corridors such as the United States and Nigeria.