Martins Ejeheri’s move to the United States in 2023 exposed a striking inefficiency in crypto usage: converting digital currency into spendable cash was slow, risky, and often frustrating. Despite widespread adoption, most businesses still didn’t accept crypto directly, forcing users into lengthy conversion processes vulnerable to fraud. Ejeheri, who has built over 500 blockchain solutions, saw the glaring gap—and recognized the need for a streamlined global payment rail.

That observation sparked the creation of ClockPay, a startup focused on enabling businesses to accept stablecoins with immediate settlement in local currency. Speaking to Techpoint Africa, Ejeheri explained that near-instant conversion should already be an industry standard. ClockPay now allows users with crypto liquidity to make purchases instantly, eliminating the traditional delays associated with off-ramping.

The platform empowers businesses to receive payments in multiple digital currencies—especially stablecoins—and settle them instantly in fiat. With robust API integration, firms can embed payment capabilities directly into their systems, supported by wallet management tools and invoicing features. Its standout value lies in real-time conversion, giving ClockPay an edge over legacy processors that rely on slow, multi-step channels.

Demonstrating its global reach, ClockPay allows a merchant in Lagos to receive USDC from a customer abroad and settle it in naira within minutes. A UK startup can raise funds in digital currency and instantly convert them to pounds. For companies juggling multi-market liquidity, ClockPay removes tedious cross-border workflows, offering one-stop conversion rails and seamless settlement infrastructure.

The platform caters to SMBs, startups, eCommerce operators, and content creators with international audiences. It also supports fintechs and larger corporations requiring advanced liquidity management. A notable feature enables businesses to maintain a U.S. bank account for smooth on- and off-ramp access between stablecoins and dollars—without a physical U.S. presence.

ClockPay’s traction is growing quickly. More than 150 businesses across the U.S. and Africa have onboarded, and its infrastructure now spans 24 countries. The company holds an MSB license in the United States for payouts across all 50 states, along with an MTO license covering 48 states. Additional licensing in the UK and China, paired with partnerships in African markets, reinforces its regulatory credibility. Its Shopify integration also allows merchants to accept crypto payments easily, contributing to more than $45 million processed so far.

ClockPay operates on a dual-product revenue model: a 1.3% transaction fee for API-based payments, and a conversion spread whenever users off-ramp or exchange currencies. Beyond payments, the company is developing ClockInvest, a suite centered on analytics and asset ownership, aimed at expanding its long-term product ecosystem.

The broader vision extends beyond simple payments. Ejeheri sees ClockPay as a bridge between blockchain technology and everyday financial activity. Future tools will empower people to invest, earn passive income, and plan long-term financial goals using blockchain-powered assets. As he puts it, the mission is to bring blockchain into the mainstream economy through intuitive platforms like ClockPay and the upcoming ClockVest. For now, the company remains focused on strengthening its core payment rails and deepening its worldwide coverage.