Cointime

Buycoins

investment firm

About

Buycoins is a cryptocurrency exchange that allows Africans buy and sell cryptocurrencies instantly using their local currency.

Highlights

Total Funding Amount
$1.22M
Funding Rounds
3
Investors
4
Employee Profiles
6

Details

Last Funding Type
Seed
Last Funding Money Raised
$120K
Industries
Bitcoin,Cryptocurrency,Financial Services,Mobile Apps
Founded date
Oct 1, 2017
Operating Status
Active

Buycoins is a safe and easy way for Africans to buy, sell & store cryptocurrency like Bitcoin, Ethereum and USDC. Our mission is to facilitate the borderless transfer of value across Africa and beyond.

Buycoins is headquartered in Lagos, Nigeria.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$1.22M
Buycoins has raised a total of $1.22M in funding over 2 rounds. Their latest funding was raised on Mar 25, 2019 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 25, 2019 Seed $1.10M — — — Detail
Aug 20, 2018 Seed $120K 3 — — Detail
Jun 27, 2018 Pre-seed — 1 — — Detail

Investors

Number of Lead Investors
Number of Investors
—
4
Buycoins is funded by 4 investors. Cypher Capital and Precursor Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Cypher Capital — Seed
Precursor Ventures — Seed
Y Combinator — Seed
Microtraction — Pre-seed

Employee Profiles

Number of Employee Profiles
6
Buycoins has 6 current employee profiles, including Executive Timi Ajiboye
Timi Ajiboye
Executive
Naveen Jain
Board member
Ire Aderinokun
Executive
Tomiwa Lasebikan
Executive
Ayomide Afolabi
Employee
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