Canza Finance, a leading player in the Fintech industry in Africa, made a significant announcement on January 6, 2026. The company revealed that there had been over $131 million in total transactions using the Aptos Blockchain, marking a 300% increase from the previous quarter. Alongside this report, Canza introduced the Canza Autonomous Payment Protocol (CAPP), an innovative artificial intelligence solution for payment processing in the diverse African mobile money market.
Revolutionizing African Payments with Blockchain Infrastructure
Surpassing the $131 million milestone is not just a number but a testament to Canza Finance’s efforts in establishing practical blockchain infrastructure for African businesses. This progress positions the platform as a viable solution to longstanding cross-border payment challenges in Africa, where traditional systems are often slow, expensive, and unreliable.
The growth of Aptos as the fourth largest Layer-1 blockchain by net circulation of native USDT, valued at around $830 million, has been accompanied by momentum. With low average transaction fees of less than $0.0008, Aptos is well-suited for the high volume of low-value transactions typical in Africa’s mobile-based commerce.
The introduction of Canza’s stablecoin model presents a clear alternative for African businesses burdened with costly payment channels across borders. Cross-border payments in Africa have been reported to incur fees of approximately 8.9% per transaction, significantly higher than the global average. By utilizing blockchain technology, Canza aims to reduce fees to around 1%, facilitating global trade opportunities for small and medium-sized enterprises.
Introducing CAPP – Advancing Payment Innovation with AI
The launch of the Canza Autonomous Payment Protocol by Canza Finance signifies a strategic shift in leveraging blockchain infrastructure to address real-world challenges in emerging market payment systems. This AI-powered system represents a transition from experimental to practical financial tools.
CAPP, a multi-agent AI protocol, targets two key issues in African commerce: high costs and slow settlement times. Canza asserts that it can slash processing fees by up to 90% while ensuring payments are settled in under a minute, a significant enhancement for Africa’s mobile money ecosystem, which processed $562 billion in transactions in 2020.
With its AI-driven architecture, CAPP can navigate the fragmented payment landscape in Africa, encompassing various countries, currencies, and payment providers. The protocol guarantees a seamless experience for merchants and consumers by automating routing and optimization while adhering to local regulations.
Strategic Positioning in Africa’s Growing Blockchain Market
Canza Finance’s success mirrors a broader trend of increasing blockchain adoption in Africa, particularly within the fintech sector. African blockchain companies raised $474 million in 2022, marking a 429% annual increase, the highest growth in funding among all regions globally.
Established in 2019 by Pascal Ntsama and Oyedeji Oluwoye, Canza Finance has secured approximately $5.5 million in funding from prominent investors such as Polychain Capital, Protocol Labs, and the Blizzard Fund from Avalanche. In addition to payment processing, the company’s product range includes the Baki exchange, enabling businesses to trade African currencies against dollar stablecoins at official central bank rates.
In Conclusion
Canza Finance stands at the forefront of Africa’s blockchain payment revolution, achieving a remarkable $131 million milestone alongside the introduction of CAPP. With a remarkable 300% growth this quarter, the company’s innovative AI-powered solutions address the real needs of payment processing, positioning it well to capture a significant share of Africa’s rapidly expanding digital commerce market. As more African businesses recognize the benefits of transacting with stablecoins, blockchain-based cross-border payment systems will play a pivotal role in advancing financial inclusion in the region.
