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Busha | Company profile, Business Model, and Operations

Recieved Funding?
yes
Type of Funding
Seed funding
Number of Funding Phases
1
Business Type
Private Company

All you need to know about Busha

About Us

Busha is a popular platform for Nigerians to buy, sell, and trade cryptocurrencies. It is one of the top crypto exchanges in Nigeria where you can trade over 40 assets with Naira. You can also save in cryptocurrency and receive daily interest.

In 2019, we launched our business during a challenging period for many individuals and businesses in Africa.

People and businesses faced difficulties in maintaining their finances, encountering various obstacles and limitations when it came to transferring and receiving money.

Busha aims to establish a cryptocurrency-powered economy that promotes fairness, transparency, and accessibility.

Currently, Busha is linking Africans to the global economy, enabling local individuals and businesses to receive payments from individuals worldwide without any limitations.

We are harnessing the potential of cryptocurrency to empower Africans to safeguard their wealth, while also providing them with opportunities to invest and generate wealth.

Our focus is always on our customers, and we are dedicated to ensuring a positive experience for them at every step of their crypto journey.

  • Headquarters: Lagos, Nigeria
  • Year Founded: 2019
  • Number of Employees: 11-50

Our Mission

Our mission is to onboard millions of Africans into the crypto economy by developing software and services that will allow our users to embrace the blockchain-powered future of finance.

Features of the Busha App

  • Users can buy and sell a variety of cryptocurrencies, including Bitcoin, Ethereum, and Shiba Inu.
  • They offer a secure wallet for storing your crypto holdings.
  • Busha allows users to deposit and withdraw fiat currency (traditional money).
  • The app prides itself on a user-friendly interface and a smooth trading experience.
  • An interesting feature is Busha Spend, which lets you use your crypto holdings to buy airtime and data directly within the app, with the added benefit of earning cashback.

Our Core Values

  • Clear Communication: We emphasize open and transparent communication within the team.
  • Positive Energy: Busha fosters a positive and enthusiastic work environment.
  • Efficient Execution: Getting things done effectively and avoiding unnecessary delays is a core value.
  • Continuous Learning: Busha values a growth mindset and encourages ongoing learning among its team members.

Our Products & Services

1. Busha Exchange

An online marketplace for purchasing, selling, and exchanging cryptocurrencies that offers features such as immediate transactions, regularly scheduled purchases, and the ability to set purchase price limits.

2. Busha Yield

Users can earn interest on dollar stablecoins with daily payouts and no commitment period through this service.

3. Busha Spend

Allows users to spend digital assets directly from their wallet on airtime, data, and shopping vouchers while earning cashback rewards.

4. Busha Commerce

An option for businesses to receive stablecoin payments worldwide, offering features such as automatic trading and quick withdrawals.

5. Busha Prime

We provide businesses with competitive exchange rates and a dedicated concierge service to ensure a seamless and stress-free experience when making cross-border payments.

Company Co-founders
Moyo Sodipo
Michael Adeyeri

Busha
Business Model

The Company major services and product include: Digital currency, Cryptocurrency exchange, Bitcoin, Ethereum, Technology, Litecoin, and Blockchain Technology

The Company was Founded
The Company was established on
February 6, 2019
HeadQuarters
The Company has its Operational Headquarters at Lagos, Nigeria
Industry
The Company is contributing to the development of the Industry B2C, Financial Services
Staff Strength since Inception
The Company prides in her team member of about 1 - 50 active members

Busha Business Model

The Company major services and product include: Digital currency, Cryptocurrency exchange, Bitcoin, Ethereum, Technology, Litecoin, and Blockchain Technology

yes
Have they recieved Funding from VCs
yes
Have they recieved Funding from VCs
yes
How many number of Funding rounds?
—25m
Company Net worth as of 2023

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