NEDA Labs
Building digital financial solutions for emerging economies
NEDA Labs is a Tanzanian-founded technology company focused on creating inclusive, scalable digital financial infrastructure for underserved markets in Africa and beyond. We design tools that empower individuals, small businesses, and financial institutions by bridging traditional finance with modern blockchain and payment technologies.
Our Mission
To make cross-border payments, remittances, and financial access fast, affordable, and reliable for the next billion users in emerging economies — starting with Tanzania and East Africa.
Core Products
NEDApay
NEDApay is our flagship product: a non-custodial payment API built on Base L2 that connects stablecoins (USDC, USDT) with 50+ local fiat rails (M-Pesa, Tigo Pesa, Airtel Money, CRDB, NMB, Equity Bank, GCB, etc.) across Tanzania, Kenya, Uganda, Ghana, Nigeria, Malawi, DRC, and Zambia.
Key features:

Instant on/off-ramps (TZS → USDC → RMB in 2–3 seconds)
~$0.01 transaction cost (90% savings vs traditional 8–12% fees)
No pre-funding or custody required — we aggregate liquidity
Live FX rates + custom fee parameters for partners
Agent-friendly UX + bank/PSP integrations

Current traction (Jan 2026):

$78K monthly volume processed
210+ active merchants
$1.5M monthly pipeline
BoT approval secured for nTZS — Tanzania’s first regulated 1:1 TZS-backed stablecoin (mainnet launch Q1 2026)

NEDApay solves the pain of high-cost, slow, and volatile cross-border payments for informal SMEs importing from China/Dubai — a $1B+ annual corridor in Tanzania alone.
Other Initiatives

nTZS — Regulated local stablecoin (1:1 TZS-backed, audited reserves at CRDB) for fast, stable domestic and cross-border use.
Data verification & onboarding tools for underserved communities.
Community currency pilots to test real-world stablecoin adoption.

Tech Stack

Blockchain: Base L2 (EVM-compatible, low-cost, high-speed)
Stablecoins: USDC/USDT + nTZS (regulated)
Fiat rails: M-Pesa, Tigo Pesa, Airtel Money, MTN MoMo, CRDB, NMB, Equity, GCB, Thunes, Selcom, etc.
Infrastructure: Node.js, Solidity smart contracts, Chainlink oracles, Chainalysis KYT, Smile ID (KYC), Redis/PostgreSQL

Why Emerging Economies?
We believe the future of finance will be built in Africa, not just for Africa. With 95% informal SMEs, massive remittance flows ($102B continent-wide), and growing digital adoption, the opportunity is enormous — and we’re building the rails to capture it.