Nestcoin
Nestcoin is a Nigerian Web3 application company that builds, operates, and invests in crypto-native products for frontier markets, including the Onboard self-custody wallet and the Hyper gaming platform serving creators, builders, and gamers.
- Company typePrivate
- Founded2021
- HeadquartersTórtola, Spain
- Headcount51–100
- GTM typeB2C
- OfferingSoftware
Nestcoin firmographics
Firmographics- Name
- Nestcoin
- Legal name
- Nestcoin Holding Limited
- Website
- https://nestcoin.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Nestcoin is a Nigerian Web3 application company that builds, operates, and invests in crypto-native products for frontier markets, including the Onboard self-custody wallet and the Hyper gaming platform serving creators, builders, and gamers.
- Ownership category
- akta.pro rank
Nestcoin industry classification
Industry- Product category
- Cryptocurrency Wallets
- NAICS
- Other Gambling Industries (713290), Casinos (except Casino Hotels) (71321)
- SIC
- Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Crypto/Web3 Neobanks (FSABAFAG)
- akta.pro secondary industries
- On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD), Wallet Connectivity & Session Protocols (WalletConnect, deep links, QR, auth sessions) (FSAPACAF)
Keywords
Where Nestcoin is headquartered
LocationHeadquarters
- HQ city
- Tórtola
- HQ country
- Spain
- HQ region
- Europe
Offices1 record
Markets served
Nestcoin business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Hyper Gaming Platform Commission: Hyper, backed by Nestcoin, operates a commission-based model where developers earn ongoing revenue through a new SDK that pays them 30-50% of the platform's 15% cut from skill-based contests.
- Virtual Card Services: Revenue generated from virtual card services enabling seamless transactions across 160+ countries through the Onboard platform.
- Modern Banking App for Creators: Nestcoin is building a modern banking app for creators, builders, and innovators, likely generating revenue through financial services including crypto transactions and card services.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Nestcoin product offering
Product offeringCore offering
Nestcoin builds and operates Web3 applications for consumers in frontier markets. Its core product is Onboard, a self-custody crypto wallet and modern banking app designed for creators, builders, and innovators, with planned virtual card support enabling transactions across 160+ countries. The company also operates the Hyper gaming platform, a developer SDK-based skill-based contest product, alongside ancillary crypto projects Breach and MVM (Metaverse Magna).
Differentiator
Problem solved
Functional benefit
Brands
- Onboard: A modern banking app and self-custody digital wallet for creators, builders, and innovators providing universal access to financial services with plans for virtual cards across 160+ countries
- Hyper
Products and services
- Onboard A self-custody digital wallet and modern banking application providing universal access to financial services, with planned virtual card support for transactions across more than 160 countries. Designed for creators, builders, and innovators.
- Hyper An eSports and casual gaming platform evolved from the Metaverse Magna (MVM) ecosystem, providing a commission-based model where developers earn ongoing revenue through a SDK that pays them 30-50% of the platform's 15% cut from skill-based contests. Currently has over 100,000 gamers running approximately 50,000 contests daily.
- Breach A crypto-related project launched by Nestcoin as part of its portfolio of products supporting cryptocurrency adoption in frontier markets.
- MVM (Metaverse Magna) A metaverse ecosystem project launched by Nestcoin that has evolved into the Hyper gaming platform, aiming to solve monetization challenges for African game developers.
Quantifiable outcome
- Over 100,000 gamers and 50,000 daily contests on the Hyper gaming platform
Companies that use Nestcoin
Customer profileSegments3 records
Ideal customer profiles2 records
Nestcoin technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Nestcoin partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- HyperminorHyper is an eSports and casual gaming platform that evolved from Nestcoin's Metaverse Magna (MVM) ecosystem. Nestcoin backed Hyper as it pivots to a commission-based model for developers.
Scale indicators5 records
Nestcoin competitors and assessment
Company assessmentDirect peers
- Yellow Card: Pan-African crypto exchange and payments platform operating across more than 20 African countries, providing on/off-ramps and stablecoin services. Directly comparable to Nestcoin as an Africa-focused crypto-financial-services company targeting underbanked users.
- Luno: Crypto exchange and wallet with a strong African footprint (Nigeria, South Africa, Kenya) and global expansion. Comparable to Nestcoin for its Africa crypto-adoption focus and consumer-facing wallet product, though more established and exchange-led.
- Busha: Nigerian-licensed crypto exchange and wallet platform serving retail and business users with on/off-ramps. Directly comparable to Nestcoin's Nigerian crypto-financial-services positioning and Onboard wallet/crypto-app ambitions.
- Bitnob: Africa-focused Bitcoin and stablecoin payments and savings platform with virtual cards and cross-border remittance. Comparable to Nestcoin for its combination of self-custody, virtual cards, and Africa-focused financial-services stack.
- Quidax: Nigerian crypto exchange offering wallet, on/off-ramp, and API infrastructure for African fintechs. Directly comparable as a Lagos-based crypto-financial-infrastructure company serving the same Nigerian market as Nestcoin.
- Carry1st: Africa-leading gaming publisher and monetization platform (payments, content, esports). Comparable to Nestcoin's Hyper gaming platform for African skill-based gaming monetization and developer SDK distribution.
Broad incumbents
- Trust Wallet: Self-custody multi-chain crypto wallet owned by Binance, serving tens of millions of users globally. Comparable to Onboard as a self-custody wallet, though Trust Wallet operates as part of a much larger exchange-led portfolio rather than focusing on frontier-market creators.
- MetaMask: Leading self-custody Ethereum ecosystem wallet by ConsenSys, with the largest global Web3 wallet user base. Comparable to Onboard for self-custody wallet infrastructure and developer ecosystem, though MetaMask does not focus on African/frontier creators specifically.
- Chipper Cash: Pan-African cross-border payments and consumer fintech serving users in Nigeria, Ghana, Kenya, South Africa. Comparable to Nestcoin for its Africa-focused consumer fintech ambition, though Chipper is payments-led rather than crypto-native.
Regional players
- VALR: South Africa-based crypto exchange with corporate and retail trading plus wallet services across Africa. Comparable to Nestcoin's crypto-financial-services focus but primarily South-Africa-anchored rather than Nigeria/frontier-market.
Market position
Customer concentration
Nestcoin social profiles
Digital presenceNestcoin financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nestcoin leadership team
Management profileNumber of profiles
Profiles2 records
Nestcoin funding detail
Funding detailFunding overview
Funding rounds2 records
Investors32 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nestcoin M&A and investment
M&A and investmentM&A
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nestcoin
What does Nestcoin do?
Nestcoin builds and operates Web3 applications for consumers in frontier markets. Its core product is Onboard, a self-custody crypto wallet and modern banking app designed for creators, builders, and innovators, with planned virtual card support enabling transactions across 160+ countries. The company also operates the Hyper gaming platform, a developer SDK-based skill-based contest product, alongside ancillary crypto projects Breach and MVM (Metaverse Magna).
Is Nestcoin a public or private company?
Nestcoin is a private company. It is classified as venture growth investor backed and is currently operating.
When was Nestcoin founded?
Nestcoin was founded in 2021. It employs 51 to 100 people.
Where is Nestcoin based?
Nestcoin is headquartered in Tórtola, Spain, in the Europe region.
How does Nestcoin make money?
Three revenue lines are on record. Hyper Gaming Platform Commission is the primary driver. The others are virtual Card Services and modern Banking App for Creators.
Who are Nestcoin's main competitors?
Direct peers on record are Yellow Card, Luno, Busha, Bitnob, Quidax and Carry1st. Broad incumbents are Trust Wallet, MetaMask and Chipper Cash. VALR is listed as a regional player.
Does Nestcoin have an API?
No public API is recorded for Nestcoin.
What industry is Nestcoin in?
Nestcoin's product category is Cryptocurrency Wallets. Its primary akta.pro industry code is FSABAFAG, Crypto/Web3 Neobanks, with a secondary code of FSAGAMAD, On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury). Its NAICS code is 713290 and its SIC code is 6199.