Nigerian Startup Nestcoin Launches New Digital Finance Platform for Africans

Nestcoin, a Nigerian startup that creates technologies to make contemporary banking borderless and trustless, has announced the launch of Onboard, a digital finance platform aimed at providing modern, world-class digital finance services that connect Africans to the global economy.

Nestcoin recognizes that traditional finance cannot supply solutions for future organizations and true global citizens. As a result, it has spent the last six months focusing on developing Onboard, a first-of-its-kind financial solution to power Africa’s economic development.

Onboard is a member-owned digital banking platform that prioritizes community. It offers cutting-edge digital finance services that connect Africans to the global economy. Onboard thinks that in order for something truly new to be produced, it must be built by its users as well as its developers. The platform debuted with few features, allowing its community to contribute to the development of things that they want and believe would help them attain their ideal future.

“We believe that self-actualisation should be possible, and that you should be free to choose your own future,” said Yele Bademosi, co-founder and CEO of Nestcoin. “We want our members to be involved in creating the product they want, so they can create the future they envision. We consider what we have built to be the foundation and invite our users to join our community to build the ideal financial product. Essentially, we are giving you the power to “Be Your Own Bank”.”

Onboard Wallet has just launched, and is a simple and secure self-custody wallet for managing digital assets with no middlemen. The Onboard Wallet offers a seamless user experience, a seedless wallet, and an easy way to transfer funds directly to a bank account without going through an exchange.

The Onboard Wallet is just the beginning of what Onboard has to offer. There are plans to continually improve and enhance its services to meet the needs of its community.

“In the past decade, centralised cryptocurrency exchanges have gained more market share due to their ease of use, better user experience, and ability to offer security and comfort to users. The complexity and user experience gap in decentralized finance has played a significant role in driving people towards centralized exchanges (CEXs). The past few months in the industry have strengthened our resolve to build a decentralized crypto future. We aim to provide users with simple and delightful financial options that eliminate the need for “trust” between parties,” said Bademosi.

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