Konga invests $2.7M in stablecoin startup | Nigerian payments
Summary
Konga announced a $2.7 million investment in Stable, a stablecoin payments startup, to reduce the friction in cross-border business payments. The company framed the move as a way to simplify costly and slow international transactions for Nigerian merchants. The forum also highlighted payment resilience, logistics economics, and the need for better refund, chargeback, and routing infrastructure. Speakers emphasized practical fixes such as redundant processors, stronger merchant support, and better last-mile logistics networks. The discussion points to ongoing investment needs across payments, fulfillment, and commerce infrastructure.
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