Stabyl
Institutional-grade foreign exchange infrastructure simplifying liquidity access and settlement across Africa.
What it does
Co-founded by Prince Nnamdi Ekeh, Zachary Schwartzman, and Michael Anyi, Stabyl is an FX liquidity infrastructure startup. Stabyl operates a Central Limit Order Book (CLOB) enabling banks, payment service providers, and financial institutions to match and settle FX orders via KongaPay fiat rails and stablecoin wallets.
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Known for
- Institutional Central Limit Order Book for African FX
- $2.7M pre-seed backed by Konga
Model & industry
B2BAPIFinancial ServicesCapital Markets
Funding history
$2.7M
Total raised
1
Rounds
Pre-seed
Latest stage
2026
Latest year
| Date | Stage | Amount | Lead investor |
|---|---|---|---|
| 2026-06 | Pre-seed | $2.7M | Konga |
Source: Condia Funding Tracker
Products & subsidiaries
Stabyl FX CLOB · Trading Infrastructure Platform
In the News
- 2026-07-01 · Stabyl secures $2.7m to reinvent Africa's FX infrastructure · The Guardian Nigeria
People
Investors
Konga