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Yele Bademosi

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Web3 Startup Nestcoin Raises $6.45M In Pre-Seed Capital To Make Crypto More Accessible For Africa

Nestcoin, a global web3 startup, has raised $6.45 million in pre-seed capital, according to a press release. The Nigeria-based company aims to make crypto accessible primarily in frontier markets and their new funding will go toward their mission.

Ngozi Nwanji

Feb 1, 2022

Meet the Venture Capital Executive Who Launched Africa's Cryptocurrency Version of Venmo

Yele Bademosi is dedicated to giving back to Africa. Now, with his new venture as CEO and founder of Bundle, the Nigerian born executive hopes to help unbanked citizens of Africa. Bundle is a social payments app similar to Venmo, Forbes reports . Prior to launching the financial platform last week, he quietly raised nearly half a million dollars back in September 2019 from Binance, Pave Investments, and other African investors. Bundle is one of six African startups Binance is funding to promote the use of cryptocurrency across the continent. “Regardless of your geography, you should have access to the best financial services. And unfortunately, your geography today defines the quality of financial services that you have,” Bademosi told Forbes. Users will be able to send, receive and spend bitcoin, Nigerian naira, and ether, as well as the parent company’s native exchange, Binance coin. After giving a passionate pitch about the change Binance could create in Africa, Bademosi became...

Niki McGloster

Apr 30, 2020