Nestcoin plans to use the funds raised to facilitate the adoption of cryptocurrencies. massadoption cryptocurrency fintech
African Web3 Startup Raises $6.45 Million in Pre-Seed Round, Serena Williams' Investment Firm Participates
Also participating in the funding round were U.S sports personality Serena Williams’ Serena Ventures, Alameda Research, A&T Capital, MSA Capital and 4DX Ventures.by Forbes, the startup, which was co-founded by Yele Bademosi and Taiwo Orilogbon, plans to use the funds raised to facilitate the adoption of cryptocurrencies. Nestcoin also plans to use the capital raised to fund the building of a platform that allows content creators to earn while educating the startups’ subscribers.
While Bundle did become one of the biggest locally established crypto exchange platforms in Africa, it still could not meet Bademosi’s goal of being present in several countries. In fact, according to a report, by the time Bademosi left Bundle, the startup was only live in just two countries, Nigeria and Ghana. It had less than 100,000 active users, the report added.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crypto investment firm raises $50 million for fund that will buy individual NFTsArca's new fund will focus on snapping up non-fungible tokens.
Read more »
Trust Machine Raises $150 Million in Funding from Breyer Capital, DCG and Hivemind to Expand Web 3 | HackerNoon'Trust Machine Raises $150 Million in Funding from Breyer Capital, DCG and Hivemind to Expand Web 3' web3economicinfrastructure funding
Read more »
Kyoko Finance Raises $3 Million In Private Round from Animoca Brands, Ventures Crypto and AXIA8 | HackerNoonKyoko’s DAO-to-DAO credit lending infrastructure offers unsecured, and collateralized lending and liquidity to the web3 market secured $3 million in funding.
Read more »
Trust Machines Secures $150 Million in Funding to Advance DeFi on BitcoinLaunched by muneeb, novel platform Trust Machines secures $150 million to advance the usage of Bitcoin $BTC in Web3 Bitcoin
Read more »
How to Transition from Full-Stack Developer to Web3 Pioneer in 2022 | HackerNoonLooking to dive into Web3 development? Here is an intro and quick example of how full-stack developers can get started in the decentralized web.
Read more »