๐ฐ News12 March 2026ยท2 min readยท
SA's Lipaworld launches stablecoin Visa card for Africa's unbanked
Source: disrupt-africa
South African startup Lipaworld, founded in 2023 by Jonathan Katende and Victor Bagu, has launched a stablecoin-powered Visa payment card enabling Africans without traditional bank accounts to transact virtually or in-store anywhere Visa is accepted. The product targets the continent's large unbanked population and aims to reduce the high cost of cross-border money movement. Lipaworld's founders drew on personal experience as immigrants navigating expensive and inaccessible financial systems.
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