OneDosh, the Nigerian-owned and New York-headquartered fintech building stablecoin-powered cross-border payment infrastructure, has announced the closing of an additional $1 million in pre-seed funding, bringing its total pre-seed raise to $4 million. The announcement was made on June 9, 2026, and follows an initial $3 million pre-seed round closed earlier this year.
What Triggered the Top-Up
The additional capital comes on the back of a run of growth milestones. The investment follows the company’s expansion into 29 European countries, surpassing 200,000 users, and the launch of an integration enabling US users to fund their OneDosh wallets through Cash App and instantly send money globally. The Cash App integration is positioned as a first-of-its-kind and directly extends OneDosh’s reach into one of the most widely used consumer finance apps in the United States.
What the Funding Will Be Used For
The additional capital will be deployed across product development, engineering, and compliance. With OneDosh now active in 29 European countries alongside the United States and Nigeria, building out KYC and AML controls across multiple regulatory environments is a clear priority. The company also plans to scale its platform to support growing transaction volumes following the 200,000-user milestone, deepen existing partnerships, and pursue further integrations similar to its recent Cash App tie-up. Additional market entries are expected as the company extends its footprint across high-demand remittance corridors.
The Company and Its Mission
OneDosh was founded in February 2025 by Jackson Ukuevo, Godwin Okoye, and Babatunde Osinowo in response to a problem the team experienced firsthand while living and working across multiple countries: fragmented financial infrastructure. Blocked cards, frozen accounts, slow cross-border transfers, and restrictive currency controls were recurring friction points that led the founders to a simple conclusion that borderless payments had outdated infrastructure underneath them.
The team brings experience from organisations including ZeroHash, Plaid, and Amazon, and has built a platform that combines stablecoin settlement with bank-grade KYC and AML controls.
Today, OneDosh provides a unified platform for payments, wallets, banking services, cards, stablecoins, and global money movement. The company is currently live in the United States and Nigeria, two of the world’s most active remittance and stablecoin corridors.
