About Nestcoin
Nestcoin is a company based in Nigeria founded in 2021 by Joseph Taiwo Orilogbon. Nestcoin has raised $8.35 million across 2 funding rounds from investors including Social Capital, Base and Alter Global. Nestcoin offers products and services including Banking App. Nestcoin operates in a competitive market with competitors including Phantom, imToken, Ripio, Argent and Jambo, among others.
- Headquarter Nigeria
- Founders Joseph Taiwo Orilogbon
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Nestcoin Holding Limited
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$8.35 M (USD)
in 2 rounds
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Latest Funding Round
$1.9 M (USD), Seed
Sep 07, 2023
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Investors
Social Capital
& 19 more
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Employee Count
Not available
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Products & Services of Nestcoin
Nestcoin offers a comprehensive portfolio of products and services, including Banking App.
App provides modern banking services for creators and innovators.
People of Nestcoin
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Funding Insights of Nestcoin
Nestcoin has successfully raised a total of $8.35M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.9 million completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Nestcoin
Nestcoin has secured backing from 20 investors, including venture fund and institutional investors. Prominent investors backing the company include Social Capital, Base and Alter Global.
| Investor | Description | Founded Year | Domain | Location |
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Innovation in distributed networks and emerging technologies is facilitated by Hashed Emergent.
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Early-stage venture capital investments are made in emerging markets.
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Early-stage blockchain technology companies are invested in by the firm.
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Investor details for Nestcoin
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Investments & Acquisitions by Nestcoin
Investment portfolio details for Nestcoin
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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Financial Statements - Nestcoin
Detailed financials for Nestcoin
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
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Nestcoin Comparisons
Peer comparison for Nestcoin
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Nestcoin
Nestcoin operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Phantom, imToken, Ripio, Argent and Jambo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Mobile app offering live fitness training & workout programs for the users
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Digital asset wallet for cryptocurrency exchange
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Online reseller of Bitcoins
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Mobile wallet for cryptocurrency and NFTs is provided.
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Web3 mobile infrastructure solutions are developed for a super app.
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Rainbow is recognized for providing secure crypto wallets.
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Detailed competitors of Nestcoin
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Latest news on Nestcoin
Complete news archive for Nestcoin
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Nestcoin
Nestcoin was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Nestcoin is headquartered in Nigeria.
Nestcoin is a funded company, having raised a total of $8.35M across 2 funding rounds to date.
Nestcoin was founded in 2021 in Nigeria as a platform focused on the cryptocurrency sector. Crypto-native products are developed, managed, and funded through its operations. The portfolio encompasses Onboard, a wallet solution for handling various digital currencies, and Metaverse Magna, a platform offering play-to-earn gaming experiences. Investments are directed toward similar ventures in the region.
Nestcoin offers Banking App.
Nestcoin has 20 investors. Key investors include Social Capital, Base, Alter Global, CoinFund, and Hashed Emergent.