Kredete has raised $22 million to help African immigrants in North America and Europe build credit and send remittances via stablecoin payments. Kredete combines international money transfers with a proprietary credit-building engine, enabling users to send money to over 30 African countries while improving their credit history in the US and beyond. The firm has built API-based infrastructure to help businesses make secure cross-border payments into Africa, leveraging modern payment rails and stablecoin technology. With the financing in place, it is set to expand into Canada, the UK and key European markets, as well as introduce new features like rent reporting, credit-linked savings plans, and goal-based loans. At the core of this expansion is Africa’s first stablecoin-backed credit card, set to roll out across 41+ countries, enabling users to spend, build credit, and avoid foreign exchange fees. This will be complimented by interest-bearing USD and EUR accounts to help users preserve value and hedge against local currency volatility.