Nestcoin
$1.9Mlatest round · Venture round · Sep 2023 · 3 yr ago
3backers · 4DX Ventures, Serena Ventures
1-10team · employees, estimated range
2021founded
Overview
Nestcoin builds and operates crypto products for African users, including the Onboard wallet and payments applications. It focuses on stablecoin savings and transfers for markets with volatile local currencies. The company also runs education and content initiatives across West Africa.
Funding and backers
Total raised
$1.9M
1 round on record
Latest round
$1.9M
Venture round · Sep 2023 · 3 yr ago
Team
1-10
employees, estimated range
Backers
3
4DX Ventures, Serena Ventures
The money's age
Long since its last round
37 months since the last round · not hiring
Momentum
0/100
no fresh signals
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Tractionpublic signals, read monthly
Web presence
top 5%
of 133.2M domains by links, Common Crawl
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Venture round | Sep 2023 | $1.9M | — | Bitcoin.com News |
Backed byfrom the funds' portfolios and accelerator catalogs
4DX Ventures 
Serena Ventures 
Serena Ventures Investors in similar startupsfunds that back the companies most like this one
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Financials
Total raised
$1.9M
Latest round
Venture - Series Unknown
Funding rounds
1
Funding rounds
| Round | Announced | Amount | |
|---|---|---|---|
| Venture - Series Unknown | 2023 | $1.9M | Details |
Connections
List
Graph
Found in company registers, site code, DNS and hiring. Each connection shows how sure we are and the evidence, with its source and date.
Shared investors
Click a company to open it. Dashed lines are likely connections. The second step of the network is part of the Pro plan.
Owner
Same company
Same group
Likely
News
Nigerian Web3 Startup Nestcoin Secures $1.9 million in Funding
The capital raised will be used to bolster Nestcoin's finances and further develop the startup's non-custodial wallet.
Read more
Report
Base Ecosystem Fund,Hashed Emergent invest $1.9M in Nestcoin to scale its Onboard product
Nestcoin has raised capital to focus its efforts on building Onboard to reduce the limitations of traditional finance in frontier markets.
Read more
Report
African web3 startup Nestcoin declares it held its assets in FTX, lays off employees
African web3 startup Nestcoin has laid off some employees as FTX
Read more
Report
Nigerian Crypto Startup Nestcoin Reveals Investment Losses From FTX Crash
The startup held a "significant proportion of stablecoin investment" on the bankrupt FTX exchange.
Read more
Report
Offices
Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Lagos
Nigeria
HQ
1-10 est. staff