Shiga Digital, a blockchain-based fintech company backed by Tether, has reiterated its commitment to solving Africa’s long-standing financial infrastructure gaps through the power of stablecoins and decentralised tools.
In a social media post shared on Monday, the company noted the persistent challenge African businesses face when accessing USD to scale globally, positioning itself as the go-to solution for seamless foreign exchange, loans, treasury management, and more.
The announcement also marks the official launch of the company’s new Android and iOS mobile applications, which offer individuals and businesses across Africa seamless access to modern financial services.
Through these apps, users can easily send and receive stablecoin payments, carry out cross-border transactions, and invest in secure digital assets all in their smartphones.
Shiga Digital advances its mission to build Africa’s finance system
The mobile launch is a major milestone in Shiga Digital’s mission to build financial infrastructure tailored for the African market.
With growing dissatisfaction over the high cost and inefficiency of traditional banking, the platform leverages blockchain to offer simpler, faster, and more inclusive alternatives.
“This isn’t just about technology… It’s about creating solutions that scale impact,” said Dami Etomi, Co-Founder and COO of Shiga Digital. “Our partnership with Tether goes beyond financial backing; it’s a shared commitment to the future of finance in Africa,” as quoted by APOGROUP.
In addition to providing access to USD and other foreign currencies, the platform enables treasury management, real-time FX payments, business loans, and investment tools features that were long difficult for many African SMEs to access.
By embedding modern technologies such as ZK (zero-knowledge) proof systems for privacy and efficiency, Shiga Digital aims to give users complete control over their financial lives.
The company’s mission states, “Africa stands at the brink of a financial revolution… For too long, millions have been sidelined by outdated systems, exclusionary practices, and barriers that stifle growth.”
Now, with the launch of its mobile apps and deeper backing from global players like Tether, Shiga Digital is positioning itself not just as a fintech company—but as a movement for financial liberation across the continent.
About Shiga Digital
Founded in 2021, Shiga Digital operates in over 15 countries and is building what it calls “a blockchain-based bank” for Africa. The company integrates stablecoin wallets as primary bank accounts and uses blockchain as its core infrastructure, bridging the divide between traditional finance and emerging decentralised systems.
“Our new mobile apps are a major step in our mission to level the playing field,” said Abiola Shogbeni, Co-Founder and CEO. “They bring intuitive, locally relevant financial tools right into the hands of business owners, wherever they are.”
Importantly, Shiga Digital works with licensed financial transmitters in each market to ensure its services are fully compliant and adapted to local regulatory environments.
This strategic approach helps the platform maintain transparency, security, and operational trust across diverse jurisdictions.
At its core, the company believes in building from the ground up for African needs. “We’re not just building tech,” Shogbeni emphasised. “We’re building financial infrastructure that works for Africa.”