NectarFi Raised $170K To Build A Unified Crypto Portfolio Manager

🐝 Sweet News for NectarFi

• NectarFi is a South Africa-based fintech building a single home for managing digital asset portfolios.

• And now, they’ve just raised $170,000 in pre-seed funding.

• Investor check. ABAN led the round, with several angel investors participating to back the startup’s early growth.

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🌍 One App, Multiple Chains

• Managing crypto in Africa is often messy because users have to jump between different, isolated blockchain networks.

• NectarFi solves this by pulling decentralized finance services into one non-custodial wallet.

• Instead of navigating multiple apps, users can handle cross-chain swaps and on-chain transactions with one click.

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🇳🇬 The Road to Nigeria

• Moving fast. NectarFi plans to use the capital to build out their technical infrastructure.

• They are also setting their sights on the Nigerian market for their next phase of expansion. The goal is to help more people in the region access global liquidity without the usual technical headaches.

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🛠️ Building the Future

• The team is currently working on advanced tools to help users increase their yields.

• Expect more updates as they scale their footprint across the continent.