Announcing Kredete

Millions of Africans living abroad send money home every month. Yet, their responsible financial behavior rarely translates into credit history. Kredete was founded to change that. By merging remittance, stablecoin payments, and credit-building tools into one seamless experience, Kredete empowers immigrants to build credit across borders while supporting their families back home. Founded in 2023 by Adeola Adedewe, a former JPMorgan Chase and WeWork executive, the US-based fintech has grown rapidly, with more than 1,000,000 active users and over $1 billion in processed transfers. Its mission: make global finance inclusive, transparent, and fair for people navigating two continents at once.

Kredete, bridging remittance and credit for the African diaspora

For millions of immigrants, accessing credit in a new country is nearly impossible. Banks rely on local credit bureaus, while remittance services treat money transfers as isolated transactions. Kredete bridges these worlds.

Through a single mobile app, users can send money to 30+ African countries, access USD and Euro accounts, connect with over 1,200 lending partners, and spend globally with the Kredete stablecoin-backed card, all while building their credit profile. Every remittance is reported to credit bureaus, helping users grow their credit score with every transaction.

Behind the scenes, Kredete partners with Visa, Stellar, and Rain to power cross-border spending and instant settlement. Funds are held in fully-reserved USDC stablecoins, giving users dollar stability and real-time FX conversion. Whether they are in New York, Lagos, or Nairobi, Kredete users can spend, save, or send value instantly, without intermediaries, hidden fees, or settlement delays.

The company’s B2B APIs extend this capability to fintechs and corporates. With one integration, businesses can make bulk payments or payouts to African recipients using modern blockchain and banking rails, benefiting from compliance automation and low transaction costs.

“If you support your family financially, that should count toward your creditworthiness. Kredete turns cross-border financial responsibility into real credit history.”
— Adeola Adedewe, CEO of Kredete.

Kredete stands out by unifying services that are typically siloed. Unlike traditional remittance platforms or neobanks, Kredete's ecosystem directly links payments to tangible financial progress.

• Credit-Building Tools: With Kredete, everyday payments like sending money home, paying rent, or settling bills actively strengthen your financial profile. Every transfer to Africa is reported to credit bureaus, helping users build and boost their credit scores within months.
• Stablecoin-Backed Card: The Kredete Card is Africa’s first stablecoin-backed credit card, built in partnership with Visa and Stellar which lets users spend globally and build credit effortlessly. Powered by US dollar–backed stablecoins like USDC, it combines global access with financial growth.
• Instant International Transfers: Kredete enables fast, low-cost money transfers to over 30 African countries, powered by modern banking and blockchain rails that ensure instant, secure cross-border transactions.
• Business Infrastructure: Through Kredete’s APIs, businesses can send secure, affordable cross-border payouts to African recipients at scale, streamlining global payments with efficiency and transparency.

Why Kredete chose Dfns to power its wallet infrastructure

Operating across 40+ countries, multiple stablecoins, and hundreds of partner institutions requires uncompromising wallet security and automation. Kredete turned to Dfns to handle the critical backbone of its digital-asset infrastructure: wallet creation, key management, and policy-driven transaction orchestration.

With Dfns, Kredete can:

• Securely manage thousands of user wallets for USDC and other stablecoins across multiple blockchains (Ethereum, Stellar, Solana, Polygon, and more)
• Enforce programmable policies defining who or what systems can approve transfers, withdrawals, or settlements
• Automate deposits and remittance payments through Dfns’ API-first architecture.
• Maintain auditable, tamper-proof transaction logs and granular access controls to ensure regulatory compliance
• Deploy wallets in flexible, hybrid environments for faster scaling and improved uptime

This setup lets Kredete focus on its core mission, empowering users, while Dfns guarantees institutional-grade protection for every digital asset on the platform.

As Kredete expands globally, Dfns’ Wallet-as-a-Service platform ensures that each cross-border transfer, remittance, and credit-building transaction runs securely, transparently, and at scale.

Start building with Dfns today: app.dfns.io/get-started