Dune Finance Inc. · Incorporated in Virginia, USA · Global reach
The US-incorporated fintech connecting Africa to the world.
DunePays, operated by Dune Finance Inc. (Virginia, USA), unifies wallets, transfers, virtual cards, USDC, and business payouts in one compliant, US-regulated platform with global reach. We are raising $2.5M to scale our first corridors and reach $2.4M annualized revenue in 18 months.
$79B+
annual remittances sent from the USA — the world's largest market
$100B+
annual remittances into Sub-Saharan Africa
7.8%
average fee into Africa — the world's highest region
170+
payout countries in our network
The problem
Over $79B leaves the USA in remittances every year — the largest sending market on earth — yet transfers into Sub-Saharan Africa still cost 7.8% on average versus the G20's 3% target. Transfers take days, recipients are forced into cash, and small businesses pay $25–50 in fixed wire fees to reach suppliers abroad.
Our solution
One account for global money movement: personal and business, fiat and USDC, wallet, transfers, and cards — delivered in minutes on mobile money and local bank rails, with compliance and fraud protection running invisibly in the background. Incorporated in Virginia, USA with FinCEN registration and state money transmitter licensing underway, our US base anchors the world's largest remittance-sending market to Africa's fastest-growing receiving corridors.
The platform
Multi-currency wallet
Hold and convert USD, GBP, EUR, GHS, NGN and more at competitive rates.
International transfers
Bank, mobile money, and cash-payout rails across 170+ countries.
Virtual cards
Spend globally online with instant virtual card issuance.
USDC support
Fast, low-cost stablecoin corridors for high-frequency senders.
Business payouts
KYB-verified accounts with bulk payouts, collections, and API access.
Compliance-first
KYC/KYB verification, AML screening, and fraud monitoring built in.
Business model
- •FX margin of 0.5–1.5% per conversion
- •Fixed transfer fees of $0.99–$2.99 by corridor
- •~1.3% interchange on virtual card spend
- •Premium subscriptions at $9.99/month
- •Business API and bulk-payout pricing
Built & validated
- •Full KYC & KYB verification flows in production
- •Gateway orchestration across Paystack, Flutterwave, Wise & Thunes
- •Live FX and crypto rate engines on the public site
- •Fraud scoring, AML screening & automated risk holds live
- •Business application pipeline capturing KYB demand
Use of funds
The $2.5M seed provides an 18-month runway to hit our Series A metrics.
18-month milestones
What this round buys, quarter by quarter.
FinCEN MSB registration done; US state MTLs filed; first corridors live; 2,000 users
US-issued virtual cards live; 5,000 users; first $1M monthly volume
US state money transmitter licenses live; Nigeria & Kenya live; 15,000 users
EU corridors & public API; 25,000 users; $2.4M ARR — Series A trigger
Growth & achievements
What we've built — and the trajectory it unlocks.
Every core system a regulated cross-border platform needs is already in production. This round funds scale, not rebuilds.
US entity established
Dune Finance Inc. incorporated in Virginia, USA, with a partner-based regulatory model across the USA, UK, and Ghana.
Compliance engine live
Full KYC/KYB verification with OCR and liveness checks, AML screening, sanctions checks, and automated risk holds in production.
170+ country payout network
Gateway orchestration across Paystack, Flutterwave, Wise, and Thunes with mid-transaction failover by cost and speed.
Live rate engines
Real-time FX and crypto pricing deployed on the public platform, powering the wallet, transfer, and trading experience.
MoMo rails integrated
Mobile money deposits and withdrawals wired for African corridors, the dominant receiving rail in our launch markets.
Virtual card issuance
Card issuing pipeline built with spend controls, recurring limits, and recipient linking for global online payments.
Demand pipeline building
Business account applications flowing through KYB onboarding, with waitlist signups ahead of corridor launch.
Path to $2.4M ARR
From first corridors to 25,000 active users in 18 months, targeting $850M annual volume by Year 3.
Full business plan (PDF)
The complete 15-section plan: market analysis, unit economics, financial projections, licensing roadmap, risk analysis, and the detailed use of funds.
Access codes are shared with prospective investors on request.
Ready to invest or want a live demo? investors@dunepays.com