Newsroom

News, guides and what we're building.

Product updates, company news, coverage and practical guides on paying — and getting paid — across Africa, Latin America and Asia. RSS

Latest · Events · September 10, 2026

Join us live on September 24 with the Canada-Africa Chamber of Business: a faster, cheaper way to pay teams in Africa

Storspay founder Dr. Sam Alonge joins the Chamber's webinar series on Thursday, September 24, 2026 to show why payments into Africa cost 5–7%, how Storspay brings it to 2% all-in, and what a real corridor looks like end to end. Registration is free.

Read more →
Storspay
Live · Q&A
Events · September 10, 2026
Product

Storspay now works in both directions: fund in USD, CAD, GBP or EUR, pay 26 corridors — and get paid back

The same account that pays your team in Nairobi or Lagos now collects what your customers there owe you, credits it in USD the same day, and lets you pay a US, UK or European bank or spend on a Storspay Card.

Read more →
Events

Storspay to speak at Africa Accelerating 2026, Toronto, October 6–7

Founder Dr. Sam Alonge will address the Canada-Africa Chamber of Business annual summit on the payments side of the Canada–Côte d'Ivoire corridor. Meet the team on site.

Read more →
Guides

What a $10,000 payment to Nigeria really costs — and what your team actually receives

Bank wires quote a fee. The real cost is the FX spread, the intermediary banks and the four days your team can't plan around. Here is the arithmetic, line by line.

Read more →
Guides

How to get paid by customers in Africa without a wire desk

Exporters, consultants, schools and hospitals all hit the same wall: the customer can pay locally in minutes, but getting the money to a US, UK or European account takes weeks. A payment request fixes it.

Read more →
Guides

Paying a team in Kenya: bank transfer or M-Pesa, the limits that matter, and how large payments get split

Mobile money is instant but capped per transfer; bank transfers carry more but take longer. Here is how Storspay picks the channel for you — and why a $50,000 payment never becomes a trip to the bank.

Read more →
Company

StorsApp Inc. files for registration as a Money Services Business with FINTRAC

Storspay's operating company has filed its Money Services Business registration with Canada's financial intelligence unit (application 010760). Here is what that means, and what it does not.

Read more →
Developers

Agent payouts are live: one MCP tool call lets an AI agent pay a real person, inside limits a human sets

Every agent framework has a tool for web search. None had a tool for paying a person in a market the card rails don't reach. Storspay's agent payouts API and Platform & Marketplace API are now callable by verified businesses.

Read more →
Company

From Techstars NYC to 26 corridors: why we built Storspay

The first time we tried to pay our own engineering team across three African countries, we lost a week and 6% on every cycle. That question — why does it cost 6% to move money that costs 0.01% digitally — became Storspay.

Read more →
In the press

In the press: Canada-Africa Chamber signs MoU with the Chambre de Commerce Canada Côte d'Ivoire — Storspay named as the corridor's payments member

The Chamber's release, carried by APO / Africa Newsroom and FSX Business, quotes Storspay founder Dr. Sam Alonge: "Storspay is solving the payments side of the corridor."

Read more →

Press kit

Boilerplate

Storspay is the two-way payments layer between businesses in North America, the UK and Europe and 26 corridors across Africa, Latin America and Asia. Businesses fund in USD, CAD, GBP or EUR and pay teams, suppliers and sellers in local currency the same business day — and get paid back from those corridors into USD, GBP or EUR accounts — for 2% all-in. Storspay is operated by StorsApp Inc., a federally incorporated Canadian company with offices in New York and Toronto, and is backed by Techstars, JPMorgan Chase, Circle, 500 Global, Invest Ottawa and the UNDP Alt Fin Lab.

Founder

Dr. Adebayo "Sam" Alonge is Founder & CEO of Storspay. A serial fintech and healthtech founder, he previously built and operated payment and supply-chain infrastructure across nine countries at RxAll. He is a Yale World Fellow and Techstars NYC alumnus, recognised by Inc. 500 Founders (2025) and Fast Company's World Changing Ideas (2025).

Media enquiries

Interviews, data on corridors and costs, speaker requests and logo files: sam@storsapp.com. General: info@storsapp.com. Please describe Storspay as "B2B cross-border payments" — we do not offer personal remittances.