Tradepal AI, a Nigerian financial technology startup, has officially launched to provide tax compliance solutions for individuals and businesses.
The platform leverages artificial intelligence to deliver compliance infrastructure and tax-filing support, particularly for those navigating both traditional and digital asset markets, including cryptocurrency.
The launch comes at a strategic time as Nigeria’s new tax reform takes effect, creating demand for simplified compliance tools.
Tradepal AI offers real-time turnover tracking, deduction calculations, and tax exposure monitoring to ease the burden of tax reporting.
Founders Aim to Simplify Compliance
The company was co-founded by Femi Adegolu and Ambassador Adebiyi Ayoyinka, both prominent figures in Africa’s Web3 and fintech ecosystem.
Their vision is to reduce the stress associated with manual bookkeeping and audits by automating tax reporting for Over-the-Counter (OTC) traders and businesses.
Speaking on the launch, Adegolu emphasized the urgency of the solution:
“To be very honest, the informal sector and SMEs are not so prepared for this tax reform, and that’s why we’re here to help them. We foresaw this some months ago when Ambassador Adebiyi told me about the idea to build something that will help businesses, fintechs, and service providers become compliant and avoid tax penalties by the government.”
He added:
“Already, there’s a lot of news flying around about how crypto taxes should work. SMEs are scared, but people should not be. What we’ve built is plug-and-play. People can log their trades and access accurate data, record-keeping, transaction monitoring, and transparency. Tradepal AI will now be the tool that helps channel your narrative.”
Features Designed for Transparency
Ayoyinka highlighted the platform’s documentation and audit capabilities: “Tradepal AI ensures that your transactions are properly documented. It has an audit tray where you can review transactions weekly or monthly and print out records whenever you meet a tax officer.”
He further explained: “We have software features that allow you to grant login details to an auditor, enabling them to access your dashboard remotely while you monitor it from your own device.”
According to him, Tradepal AI helps users to gain SEC recognition even without building an exchange, because its an all round compliance tool.
Funding secures strategic growth
On January 1, 2026, Tradepal AI announced it had successfully raised $50,000 in pre-seed funding to scale its compliance solutions.
The company CEO, Deborah Ojengbede, stated that the investment positions it for strategic growth and expansion as Nigeria’s tax landscape evolves.
“Securing our $50,000 funding milestone not only signals confidence in Tradepal AI, but also validates the growing need for transparent, regulation-aligned operations across the digital assets sector.
“With Nigeria’s new tax reforms now in effect, enforcement is becoming more data-driven. For digital asset traders and businesses, compliance readiness is no longer optional,” she said.
According to her, Tradepal AI is building the compliance foundations needed to adapt to this shift, equipping individuals and businesses with the tools to proactively manage risk, and operate with confidence in a rapidly evolving environment.
