Nestcoin
Overview
Nestcoin is a Nigerian venture capital firm dedicated to building, operating, and investing in crypto-native products for everyday people in frontier markets. Established in 2021 by Yele Bademosi and Joseph Orilogbon, the firm aims to democratize access to economic opportunities by making modern finance borderless, trustless, and delightful. Nestcoin focuses on developing and supporting Web3 applications, including decentralized finance (DeFi) platforms, media initiatives, digital art projects, and gaming ventures. The firm's investment strategy encompasses various stages, from seed to growth, with a particular emphasis on early-stage investments. Nestcoin's portfolio includes a diverse range of sectors such as technology, financial services, blockchain, cryptocurrency, Web3, media, digital art, gaming, and decentralized finance. The firm has made strategic investments in companies like LazerPay, a blockchain-based payment gateway that enables businesses to accept cryptocurrency payments, and Metaverse Magna, a gaming guild that allows users to earn income through blockchain-based games. Despite facing challenges, including the loss of assets during the FTX collapse in 2022, Nestcoin remains committed to its mission of accelerating crypto adoption in Africa. The firm continues to focus on building and investing in products that make cryptocurrency accessible to everyone, aiming to reshape the financial landscape in frontier markets and drive the mainstream adoption of digital assets across the continent.
Investment Focus
- Innovative blockchain and cryptocurrency projects
- Strong team with technical expertise
- Scalable business models
- Clear path to profitability
- Alignment with Nestcoin's mission to democratize access to economic opportunities
Portfolio Companies
Reach Nestcoin directly
Verified work email, phone and LinkedIn for the full team — one spreadsheet, one payment, yours to keep.
Unlock full contacts →Frequently asked questions about Nestcoin
What sectors does Nestcoin invest in?
Nestcoin invests in Financial Services, Technology, Infrastructure, Media, Software and Education, and is based in Nigeria. Nestcoin is listed as a venture capital in the ConnectSafely investor database.
What stage does Nestcoin invest at?
Nestcoin backs companies at Seed, Early Stage, Series A and Growth, writing cheques of 1M - 5M.
Which regions does Nestcoin invest in?
Nestcoin invests across Ghana, Kenya, Egypt, Morocco, Algeria and South Africa.
Who are the partners at Nestcoin?
Team members listed for Nestcoin include Joseph Orilogbon (Co-Founder & CTO) and Joseph Fakorede (Head of Finance).
What companies has Nestcoin invested in?
Nestcoin's portfolio includes LazerPay and Metaverse Magna.
How do I contact Nestcoin?
Nestcoin's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database
