The Accra fintech won four separate awards from the Stellar ecosystem, and it’s using the money to become more than a way to send money home.
Seevcash has pulled in $333,000 from the Stellar Community Fund and related ecosystem programmes. The money didn’t land in one cheque. It came through four awards: two SCF grants and two ecosystem growth awards, spread across different points in the company’s build.
The startup runs cross-border transfers for African diaspora users, mostly between Ghana and the United States, and lets people both send and request money. MoneyGram sits in the plumbing, moving funds into the platform from outside Ghana.
Co-founder and CEO Dawuda Iddrissu says the staggered timing mattered; each award arrived at a different stage and let the team ship faster while it worked on diaspora adoption.
The bigger news is the product. Seevcash has launched a Visa card, so money that lands in a user’s account can now be spent directly, online or in shops, anywhere Visa is accepted. CTO Cosmos Appiah says customers kept asking for it. They wanted somewhere to put the money after it arrived instead of pushing it out to another app.
That’s the classic remittance-to-neobank move, and it’s crowded. Transfers get you the user; cards, bills and savings are what keep them. The company hasn’t published card usage or revenue figures, so there’s nothing yet to judge the strategy on.
The Stellar Development Foundation runs SCF as an open application programme with community voting, which ties part of Seevcash’s roadmap to the network it’s building on.
