Tradepal AI, a Nigerian financial technology startup, has officially entered the market with a tax compliance platform aimed at helping individuals and businesses adapt to Nigeria’s new tax reform regime, as enforcement and reporting requirements become more structured.
The platform is designed to support operators across both traditional business environments and emerging digital asset markets, including cryptocurrency trading, where tax reporting obligations are gaining clearer regulatory attention. Its launch comes at a time when many SMEs and informal sector operators are struggling to understand and comply with updated tax rules.
Tradepal AI uses artificial intelligence to provide compliance infrastructure, tax filing support, and automated reporting. By automating complex processes, the startup says it is helping businesses reduce errors, lower compliance risks and ease the administrative burden associated with meeting tax obligations.
Key features include real-time turnover tracking, automated deduction calculations, and continuous monitoring of tax exposure. This allows users to understand their liabilities as transactions happen, rather than discovering them at the end of a reporting period. The approach is particularly relevant for businesses with high transaction volumes, including Over-the-Counter traders and fintech-enabled service providers.
The company was co-founded by Femi Adegolu and Adebiyi Ayoyinka, both active within Africa’s fintech and Web3 ecosystem. They said the idea emerged from growing concerns that many businesses were unprepared for the practical realities of the new tax framework.
Speaking at the launch, Adegolu said the platform was built to respond to rising anxiety among SMEs and informal sector operators. He explained that many businesses are not adequately prepared for the reforms and risk penalties due to poor record-keeping and a limited understanding of compliance requirements. According to him, the goal is to help businesses, fintechs and service providers become compliant early and avoid regulatory sanctions.
He also noted that uncertainty around cryptocurrency taxation has created fear among traders, adding that Tradepal AI is designed as a plug-and-play solution. 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 users can review transactions weekly or monthly, generate printable records for engagement with tax authorities, and grant auditors controlled access to dashboards for remote reviews while maintaining oversight.
He added that the platform can also support users seeking regulatory recognition, including engagement with the Securities and Exchange Commission, without requiring them to operate an exchange, positioning Tradepal AI as a comprehensive compliance tool.
On January 1, 2026, the startup announced that it raised $50,000 in pre-seed funding to scale its solutions. Tradepal AI’s Chief Executive Officer, Deborah Ojengbede, said the funding reflects growing demand for transparent and regulation-aligned operations. She noted that as tax enforcement becomes more data-driven, compliance readiness is no longer optional, and the platform is built to help businesses manage risk and operate with confidence.
