South African Fintech WalaPay Raises $4.6 Million to Expand Stablecoin Payments

South African financial technology startup WalaPay has secured US$4.6 million in seed funding to expand its international payment services and develop infrastructure supporting transactions through digital stablecoins. The investment round was led by 4DX Ventures and JAM Fund, with additional participation from angel investors, including executives associated with cryptocurrency companies Coinbase and Solana. Founded by entrepreneur Tricia Martinez, WalaPay provides financial technology infrastr