Coinazer's Ambitious Crypto Expansion to Brazil is Impacting 5,000 Customers and Counting

Coinazer's Ambitious Crypto Expansion to Brazil is Impacting 5,000 Customers and Counting

By Staff Writer, 19 October 2023

In a remarkable journey, Nigerian cryptocurrency startup Coinazer has rapidly grown its customer base to an impressive 5,000 users.

Since its establishment in April 2022, the company, spearheaded by CEO Achigonye JohnPaul and co-founded by Egbuonu Ikenna, Malachi Chidera, and Nnaji Joshua, has facilitated over $3.8 million in cryptocurrency transactions.

What's more, Coinazer has already set its sights on international expansion and has successfully made its debut in the Brazilian market, with further expansion initiatives in the pipeline.

Coinazer's core mission revolves around empowering individuals and businesses by offering them secure, user-friendly, and cost-effective access to the ever-evolving realm of cryptocurrencies and blockchain technology.

The company's cutting-edge wallet is carefully designed to grant users complete control over their digital assets.

Moreover, Coinazer serves as a versatile platform for users to engage in cryptocurrency activities, encompassing buying, selling, and trading a diverse array of cryptocurrencies.

CEO Achigonye JohnPaul, when discussing Coinazer, went beyond the confines of a mere corporate entity.

“It’s a catalyst for change in the world of finance. It’s an ecosystem that brings together the power of cryptocurrencies, blockchain technology, financial inclusivity, security, and expert support to create a brighter financial future for individuals and businesses alike, particularly in regions where traditional banking services may be limited,” he told Disrupt Africa.

Coinazer, initially funded by an angel investor and now in the pre-seed stage, has ambitious plans for growth.

They've already facilitated over $3.8 million in transactions on/off ramps, indicating users' trust in their platform.

With over 5,000 individuals and businesses recognizing its value, Coinazer's global reach has extended to Brazil, with partnerships established with over 40 key players in the blockchain and fintech sectors.

The company aims to expand its services, collaborate with like-minded organizations, and advance financial inclusivity globally, aiming to be a recognized leader in digital remittances and blockchain-based financial services beyond Nigeria and Brazil.

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