On January 6, 2026, Canza Finance, a front-runner in the African fintech space, announced that over $131 million has been cumulatively transacted using the Aptos blockchain. The report shows transaction activity increased 300% from the previous quarter. In addition to the report, Canza introduced the Canza Autonomous Payment Protocol (CAPP), an artificial intelligence solution for payment processing in the fragmented African mobile money market.
Blockchain infrastructure revolutionizes payments in Africa
The $131 million milestone goes beyond the headline number and represents Canza Finance's progress in establishing blockchain infrastructure available to businesses in Africa. This growth makes the platform a meaningful solution to long-standing cross-border payments challenges on the continent, where traditional systems are often slow, costly, and unreliable.
It has also gained momentum alongside Aptos, becoming the fourth largest Layer 1 blockchain with around $830 million worth of native USDT net circulation. With average transaction fees of less than $0.0008, Aptos is ideal for the frequent, low-value, high-volume transactions that characterize mobile-based commerce in Africa.
Canza’s stablecoin model is a clear alternative for African businesses with expensive cross-border payment channels. Cross-border payments in Africa are estimated to be around 8.9% per transaction, which is significantly higher than the global average. By using blockchain rails, Canza aims to bring fees closer to 1%, opening up global trading opportunities for small and medium-sized businesses.
Introducing CAPP – AI-powered payment innovation
Canza Finance’s launch of the Canza Autonomous Payment Protocol is more important than raw trading volume. This milestone represents a strategic shift in how blockchain infrastructure solves real-world challenges in emerging market payment systems. AI-powered systems are a step forward from experimentation to practical financial tools.
CAPP is designed as a multi-agent AI protocol that targets two key issues in African commerce: high costs and slow payments. Canza claims it can reduce processing fees by up to 90% while clearing payments within a minute, which is a major improvement for Africa's mobile money ecosystem, which processed $562 billion in transactions in 2020.
The AI-driven architecture enables CAPP to traverse fragmented payment rails with African countries, currencies, and payment providers. The protocol ensures a flawless and faithful experience for merchants and consumers by automating routing and optimization according to local regulations.
Strategic positioning in the growing African blockchain market
Canza Finance’s success is part of a broader trend of blockchain adoption in Africa, particularly in the fintech sector. African blockchain companies raised $474 million in 2022, an increase of 429% year-on-year and the largest increase in funding of any region in the world.
Founded in 2019 by Pascal Ntsama and Oyedeji Oluwoye, Canza Finance has raised approximately $5.5 million from leading investors including Polychain Capital, Protocol Labs, and Avalanche’s Blizzard Fund. The company's product range extends beyond simple payment processing, with its Baki exchange allowing businesses to trade African currencies against dollar stablecoins at the central bank's official rate.
conclusion
Canza Finance is at the forefront of the blockchain payments revolution in Africa, achieving an impressive $131 million milestone with the launch of CAPP. With an impressive 300% growth in the quarter, the company's innovative AI-powered solutions meet real-world payment processing needs. It is therefore well-positioned to capture a large portion of Africa's rapidly growing digital commerce market. As more African companies realize the benefits of doing business with stablecoins, blockchain-based cross-border payment systems will be a future stage in the development of financial inclusion in Asia.
