Tulupay Unveils Prelaunch of Pan-African Financial OS to Bridge Web2 and Web3 Rails

Tulupay, a Fintech Inclusion Holdings company focused on pan-African payments and financial services infrastructure, has announced the prelaunch of its Financial Operating System (FOS), a unified platform it says is designed to connect traditional finance and emerging digital rails across African markets.

The company, which has active operations in Estonia and a presence in Nigeria, Kenya, Ghana, Rwanda and other markets, describes the FOS as a highly interoperable, secure and advanced financial ecosystem that brings together Web2 and Web3 infrastructure.

Tulupay positions its Financial Operating System as a foundational infrastructure layer for what it calls the next generation of African finance. The system is being developed to integrate multiple parts of the financial stack into a single API layer and interoperability fabric.

According to the company, the FOS is intended to connect:

• Traditional banking platforms
• Fiat accounts
• Digital wallets
• Mobile money services
• Blockchain-based settlement networks
• Stablecoins
• Central bank digital currency (CBDC) operators
• Regulators

By bringing these segments together, Tulupay aims to re-engineer payments, remittances, trading, capital raising and investments for individuals, businesses and institutions across the continent. The company and its partners characterise the initiative as an effort to build what they describe as Africa’s first interoperable Financial Operating System.

Founder Felix Achibiri framed the project around long-standing structural issues in African finance, pointing to fragmented payment rails, high remittance costs and the lack of a single infrastructure that links banks, mobile money networks and blockchain systems. He noted that cross-border transfers remain slow and expensive, and highlighted the move by more African central banks toward CBDCs as a key driver for a unifying, interoperable operating system.

Achibiri said Tulupay is being built as a technological bridge between traditional and digital finance, with the goal of enabling a borderless financial system in which money, identity and assets move seamlessly. He linked this ambition to Africa’s broader role in the global digital economy, adding that the company is not aiming to release just another fintech app but to provide infrastructure aligned with the continent’s trade potential under the African Continental Free Trade Area (AfCFTA).

Executive Vice-President Lavina Ramkissoon underscored that positioning, describing Tulupay’s work as building the infrastructure that future African financial services will run on.

Tulupay’s approach includes collaboration with technology and infrastructure partners. Stefan Deiss, Co-Founder and CEO of The Hashgraph Group, said the company’s strategy brings together advanced technologies with regulatory compliance to support institutional adoption of its financial solutions. He noted that Tulupay plans to leverage the Hedera network as the trust infrastructure layer for its role in the digital economy.

The prelaunch of the FOS also coincides with a regulatory development in Nigeria. Tulupay has been notified by the Securities and Exchange Commission (SEC) of Nigeria that it has been approved to participate in the regulator’s FinTech Incubation Program. Through that program, the company seeks to obtain a regulatory licence covering digital asset custody, asset tokenisation and digital asset exchange services.

Beyond technology and regulation, Tulupay says it is running prelaunch pilots and working closely with a broad range of stakeholders, including financial institutions, development partners, merchants, regulators, developers and startups. These collaborations are aimed at shaping how the Financial Operating System will be deployed and used in real-world financial workflows across the continent.

Danny Clement, CEO of Blockgration Incorporated Canada, also expressed confidence in the transformative potential of Tulupay’s FOS, signalling interest from ecosystem players outside Africa.

Tulupay has made further information about the project available on its website at tulupay.com.