NectarFi raises $170K to unify crypto finance, opening up credit for digital asset users

The startup targets one of crypto’s most persistent challenges—fragmentation—by combining multiple financial services into one cohesive interface that mirrors the convenience of the traditional banking system.

For many crypto users, financial management involves handling multiple applications in custody, payments, trading, and cross-border transfers. The NectarFi platform combines these functions, allowing users to store assets in a self-service custodial wallet, shop via Visa card, trade without gas fee restrictions, and invest in tokenized stocks along with cryptocurrencies.

The system also integrates global payment channels, including bank transfers in Nigeria, PIX in Brazil, APACA in Southeast Asia, and Swift for international transactions.

Before launching to the public, NectarFi tested the platform through a private access phase, involving more than 1,000 users in Nigeria, South Africa, Kenya, Ghana, Thailand, Indonesia, Brazil and Argentina.

Founder and CEO Felix Daniel said the company was built to provide crypto users with a complete financial experience that translates into real economic value. “Crypto users have been spending, saving and transacting for years with nothing to show for it when they need credit,” he said.

COO and co-founder Stephanie Okeke added that the goal is to make digital finance as seamless as everyday banking, with infrastructure operating in the background. As the platform evolves, NectarFi positions itself at the intersection of financial inclusion and digital asset adoption, particularly in emerging markets where traditional systems are still limited.

Check Also

Troops foil suicide attempt by ISWAP suspect detained in Borno

Troops neutralize IEDs and secure the Borno highway for commuters An alleged member of the …

Leave a Reply

Your email address will not be published. Required fields are marked *