# Kaprex > Send money globally with crypto and fiat Kaprex is a stablecoin-based payments platform for cross-border money transfers. It lets freelancers, businesses, and individuals convert between fiat and stablecoins and send payouts to bank accounts and mobile money wallets across Africa. Kaprex is a stablecoin payments platform that helps freelancers, businesses, and individuals move money across borders. It provides virtual accounts for receiving fiat payments, converts between fiat currencies and stablecoins, and delivers payouts to bank accounts and mobile money wallets, with a focus on transfers into and across Africa. The platform is built for users who need lower-cost and faster alternatives to traditional international transfers. The platform addresses the problem of slow, expensive cross-border payments by routing funds through stablecoin rails instead of conventional banking corridors. Users receive USD, EUR, or GBP through virtual accounts, hold balances as stablecoins, and convert or withdraw as needed, with pricing based on on-chain market rates rather than markups typical of traditional remittance channels. Kaprex operates as a payment orchestration layer connecting regulated banking partners with blockchain infrastructure, rather than acting as a licensed bank or custodian itself. Its core offering serves freelancers and remote workers receiving international payments, businesses paying suppliers or contractors, and individuals sending remittances, alongside crypto users looking to bridge digital assets with everyday currency use. - Type: Company - Sector: Payments - Status: Active - Founded: 2024-10-01 - Profile: https://thegrid.id/profiles/kaprex ## Products - [Kaprex](https://thegrid.id/profiles/kaprex): Kaprex is a financial services platform that combines stablecoin rails with traditional banking infrastructure to facilitate cross-border payments, currency conversion, and merchant settlement. Users receive virtual accounts for USD, EUR, and GBP deposits, hold balances as stablecoins across multiple blockchain networks, and convert between fiat and crypto at market rates. The platform also provides a stablecoin-funded payment card, local payout rails for African markets, stablecoin savings yield, and API access for business integrations. (Financial Services Platform, Live, Main Product) - [Kaprex Stake](https://thegrid.id/profiles/kaprex): Kaprex Stake is a liquid staking protocol on Solana that issues kSOL tokens representing staked SOL positions. Users deposit SOL and receive kSOL at an accruing exchange rate, while the underlying SOL is delegated to validators through a stake pool program. Holders can retain kSOL for liquidity while it accumulates staking rewards, distinguishing it from the main Kaprex banking platform through its own dedicated interface and on-chain deployment. (Liquid Staking, Inactive/Support Ended) ## Assets - [Kaprex Staked SOL (KSOL)](https://thegrid.id/profiles/kaprex): kSOL is a liquid staking token representing staked SOL on Kaprex. It is used for earning SOL staking rewards while remaining liquid for DeFi applications. The token accrues value relative to SOL over time, with staking rewards reflected in an increasing kSOL-to-SOL exchange rate rather than through rebasing. (Liquid Staking Tokens (LSTs)) ## Links - [Main](https://kaprex.io) - [Privacy policy](https://www.kaprex.io/docs/Kaprex_privacy_policy.pdf) - [Terms of Service](https://www.kaprex.io/docs/Kaprex_T&C.pdf) - [Twitter / X](https://x.com/kaprexhq) - [LinkedIn](https://www.linkedin.com/company/kaprexhq) - [Instagram](https://www.instagram.com/kaprexhq) - [TikTok](https://www.tiktok.com/@kaprexhq) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. 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