Tradepal AI, a Nigerian financial technology startup, has officially launched to provide tax compliance solutions for individuals and businesses as the country implements a new tax reform regime. The platform is positioned to support users operating across both traditional business environments and digital asset markets, including cryptocurrency trading, where reporting obligations are becoming more structured.
Tradepal AI leverages artificial intelligence to deliver compliance infrastructure, tax filing support, and automated reporting tools. Its launch comes at a time when many small and medium-sized enterprises, as well as informal sector operators, are adjusting to updated tax requirements and increased regulatory scrutiny. By automating complex processes, the company aims to reduce errors and ease the administrative burden associated with tax compliance.
The platform provides real-time turnover tracking, automated deduction calculations, and continuous monitoring of tax exposure. These features are designed to help users understand their liabilities as transactions occur, rather than waiting until the end of a reporting period. This approach is particularly relevant for Over-the-Counter traders and businesses that handle high transaction volumes.
Tradepal AI was co-founded by Femi Adegolu and Adebiyi Ayoyinka, both active figures within Africa’s fintech and Web3 ecosystem. They said the idea was shaped by concerns that many businesses were unprepared for the practical realities of the new tax framework.
Speaking at the launch, Adegolu said the solution was built to address growing anxiety among SMEs and informal operators. “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,” he said. “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 that uncertainty around crypto taxation has created fear among traders, noting that the platform is designed as a plug-and-play tool. Users can log trades, access accurate records, monitor transactions, and maintain transparency through a single dashboard.
Ayoyinka said the platform places strong emphasis on documentation and audit readiness. He explained that Tradepal AI allows users to review transactions weekly or monthly and print records when engaging with tax authorities. The system also enables users to grant auditors controlled access to dashboards, allowing for remote reviews while maintaining oversight.
According to him, the platform can support users seeking recognition from the Securities and Exchange Commission without the need to operate an exchange, positioning it as an all-round compliance tool.
On January 1, 2026, Tradepal AI announced it had raised $50,000 in pre-seed funding to scale its solutions. The company’s CEO, Deborah Ojengbede, said the funding validates the demand for transparent, regulation-aligned operations. She added that as enforcement becomes more data-driven, compliance readiness is no longer optional, and the platform is being built to help users manage risk and operate confidently.
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