Company profile
Stabyl, Inc.
Stabyl, Inc. is a United States-based financial technology company specialising in institutional foreign exchange (FX) liquidity infrastructure and stablecoin settlement. Incorporated in Delaware, the company operates a centralised liquidity exchange built for banks, payment service providers (PSPs), and licensed financial institutions, enabling them to source foreign exchange liquidity and settle transactions across both traditional banking rails and blockchain networks. Stabyl's core platform uses a central limit order book (CLOB) to automatically match FX orders, eliminating fragmented bilateral negotiations between treasury counterparties. The company has partnered with KongaPay Technologies Ltd as its official Nigerian Naira settlement partner and with DFNS, a multi-party computation (MPC) wallet provider, for stablecoin wallet infrastructure. Currently focused on the NGN/USD corridor, the company supports USDT and USDC stablecoins and provides API access to its liquidity pool for treasury system integration.
- Sector
- Financial services / Forex Trading, Payments Infrastructure, Cross-Border Payments
- Markets
- Nigeria
- Founded
- 2025
- Ownership
- Private
- Stage
- Startup
- Capital raised
- $2.7m
- Business model
- B2B Transactional
Products and services
Stabyl FX Liquidity Exchange (Central Limit Order Book), Stabyl Pro, Stabyl Treasury API, Stablecoin Settlement Infrastructure (USDT & USDC), Fiat Settlement via KongaPay Rails & Stabyl Sandbox
Transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 28 Jun 2026 | Konga invests USD 2.7 million in Stabyl | Venture Capital | $2.7m | Nigeria |
Source: Partner Researchers.