Nestcoin invests in Lazerpay, a Nigerian cryptocurrency startup that prides itself as the ‘Stripe for cryptocurrency’. Lazerpay, an innovative venture that operates, invests, and builds products that make crypto accessible to everyone has received an undisclosed amount of funds from Nestcoin as an investment.
The amount of money invested in Lazerpay by Nestcoin is undisclosed but it is the first-ever investment by Nestcoin in a crypto-driven project.
Yele Badamosi also took to his Twitter handle to tweet the announcement. “Super excited to announce @nestcoin’s first-ever investment in @lazerpay, founded by @njokuscript, one of the smartest and brightest young minds in the crypto space. Lazerpay makes it easy for anyone anywhere to accept Stablecoins like USDC, USDT, BUSD as payment online”.
At Breach, a media platform whose mission is aimed at spreading crypto education and adoption across Africa, Nestcoin had said it would bring about more products and services by “unlocking the remarkable powers of crypto”. Lazerpay is one of the many products Nestcoin has plans of rolling out and it was founded by Emmanuel Njoku who is a prolific blockchain engineer.
Rather than being just another marketplace for trading crypto, Nestcoin is setting up as a company that builds and invests in products that will introduce the growth and evolvement of the uses of crypto to beginners.
Nestcoin was founded by Taiwo Orilogbon and Yele Badamosi with the aim of democratizing access to economic opportunities by making cryptocurrency simple for everyday people in frontier markets.
The CEO and co-founder of Nestcoin, Yale Badamosi said the work of the media arm is of importance to the goal the company has of increasing crypto adoption.