Grace Ashiru
Financial technology company Kredete has acquired stablecoin infrastructure platform Gravv as part of efforts to strengthen its international payments capabilities and gain greater control over transaction settlement and routing.
Kredete, founded in 2022 by Adeola Adedewe, provides financial services aimed particularly at African immigrants and diaspora communities. Its platform enables customers to send money across borders, build credit histories and access financial products powered by stablecoins.
Gravv provides the underlying infrastructure needed to move money between banks, blockchain networks and local payment systems. Its services include multi-currency accounts, foreign exchange, liquidity management, payments, stablecoin settlement and transaction reconciliation.
Gravv says its infrastructure has handled more than $3 billion in annualised transaction volume for over 1,000 businesses operating across more than 100 countries. The company is also supported by seven global banking partners.
By bringing Gravv into the business, Kredete will gain direct ownership of technology supporting important parts of its payment operations. The acquisition is expected to give the fintech greater control over how transactions are routed and settled while reducing its dependence on external infrastructure providers.
Gravv’s technology will not be limited to Kredete’s consumer services. The infrastructure is also expected to remain accessible to banks, fintech companies, digital platforms and developers seeking tools for international and stablecoin-based payments.
The acquisition comes as Kredete continues to expand following a $22 million Series A funding round announced in 2025.
Kredete says its platform currently serves more than 6.5 million users and has processed approximately $18 billion in annualised payments volume.
The deal highlights the growing use of stablecoin infrastructure by fintech companies seeking faster and more flexible ways to facilitate international transactions, particularly in markets where traditional cross-border payment systems can be expensive or difficult to access.
