In an era where speed and trust define financial systems, two Nigerian innovators — Damilola Parkinson and Olajide Bakare — are rewriting Africa’s place in global payments. Their company, Lucrestack, has unveiled LupoFi, a cross-border platform built to eliminate the long-standing barriers that limit how Africans send and receive money worldwide.
From Problem to Possibility
For decades, African entrepreneurs have battled with delayed settlements, restrictive gateways, and opaque compliance systems that stifled cross-border trade. LupoFi steps in as a next-generation financial bridge, connecting users across Africa to major markets in China, Saudi Arabia, Israel, Canada, the United States, and Europe — with expansion plans already underway.
According to Parkinson, Lucrestack’s Chief Executive Officer, the launch represents more than a product debut — it’s a transformation of access.
“We’ve spent years building backend systems for banks and fintechs,” he said. “Now, we’re extending that same infrastructure to empower individuals and businesses directly.”
Infrastructure Built for Inclusion
Unlike many fintech startups that rely on external processors, LupoFi is powered entirely by Lucrestack’s proprietary network. At its core lies a blockchain-driven OmniChain engine that enables instant, multi-currency settlements and an automated compliance layer that authenticates transactions in real time.
Bakare, the company’s Chief Technology Officer, described the system as both resilient and adaptive.
“We designed LupoFi to scale with Africa’s ambitions,” he explained. “It’s about giving entrepreneurs and innovators the tools to operate confidently in a borderless economy.”
More Than Payments — A Push for Financial Equity
Beyond technology, Parkinson and Bakare view LupoFi as a step toward financial equity for Africans. The platform isn’t just facilitating payments — it’s enabling full participation in the global economy.
“LupoFi is not just a fintech solution,” Parkinson noted. “It’s a movement that redefines how Africans connect, trade, and grow without constraints.”
Empowering the Continent’s Next Phase of Growth
As Africa’s digital economy accelerates, solutions like LupoFi could reshape the future of trade and innovation. By merging reliability with inclusivity, Lucrestack’s founders are proving that Africa’s financial infrastructure can be homegrown, world-class, and globally relevant.
Their mission remains clear: to make it possible for Africans to trade, earn, and expand — without borders, without friction, and without limits.
