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Coinprofile | Company profile, Business Model, and Operations

Recieved Funding?
yes
Type of Funding
Angel investors, Seed funding, Non-Equity Funding
Number of Funding Phases
2
Business Type
Private Company

All you need to know about Coinprofile

Coinprofile is a FinTech company dedicated to making financial transactions faster, easier, and more affordable for African businesses and individuals. They specialize in money exchange and cryptocurrency exchange services, aiming to simplify the process of sending, receiving, and spending money through innovative blockchain technology.

At Coinprofile, the focus is on building robust payment tools and infrastructure that anyone can integrate into their business operations. Their solutions are designed to enhance the efficiency of financial transactions, leveraging blockchain to eliminate the traditional complexities and delays often associated with money transfers.

One of Coinprofile’s standout products allows users to send cryptocurrency directly to Nigerian bank accounts from anywhere in the world without the need for a lengthy sign-up process. This service not only speeds up the transfer process but also provides better value for money compared to traditional methods.

By prioritizing user experience and leveraging cutting-edge technology, Coinprofile is empowering Africans to participate more fully in the global economy.

Our Mission

Coinprofile’s mission is to democratize access to digital assets by providing a secure, efficient, and user-friendly platform for managing cryptocurrencies. They aim to empower users to participate in the digital economy confidently and seamlessly.

Our Vision

Coinprofile envisions a world where digital assets are seamlessly integrated into everyday financial activities, enabling a more inclusive and innovative financial ecosystem.

Core Values

The core values include:

  • Security: Prioritizing the safety of user assets and data.
  • Efficiency: Providing fast and reliable services.
  • User-Centric: Focusing on creating an intuitive and accessible user experience.
  • Innovation: Continuously improving and expanding their services to meet evolving market needs.
  • Integrity: Maintaining transparency and trustworthiness in all operations.

Services

The company provide the following services:

  • Buying and Selling Cryptocurrencies: Users can purchase and sell various digital currencies through their platform.
  • Crypto Wallet: Secure storage solutions for digital assets.
  • Fiat to Crypto Transactions: Facilitating easy conversion between traditional currencies and cryptocurrencies.
  • Payment Solutions: Enabling businesses to accept cryptocurrency payments.

In other forms, Coinprofile offer various services, such as:

  1. They allow users to send and receive money instantly and seamlessly.
  2. They issue a debit card that enables spending in over 150 currencies with no hidden fees.
  3. Coinprofile facilitates the sending and receiving of Dollar payments for international transactions quickly.
  4. They adhere to AML/KYC standards to protect against fraudulent activities.
  5. For safety, they enhance account security with Two-Factor Authentication (2FA).

Business Model

Coinprofile operates on a transaction-based business model where they earn revenue from fees charged on buying, selling, and transferring cryptocurrencies. They also offer premium features and services that users can subscribe to for an enhanced experience.

Related Topics


Industry

John Anisere
Bashir Aminu

Coinprofile
Business Model

The Company major services and product include: Send money, receive payments

The Company was Founded
The Company was established on
December 4, 2018
HeadQuarters
The Company has its Operational Headquarters at Lagos, Nigeria
Industry
The Company is contributing to the development of the Industry Blockchain, Cryptocurrency, Finance, FinTech
Staff Strength since Inception
The Company prides in her team member of about 1 - 50 active members

Coinprofile Business Model

The Company major services and product include: Send money, receive payments

yes
Have they recieved Funding from VCs
yes
Have they recieved Funding from VCs
yes
How many number of Funding rounds?
0K
Company Net worth as of 2023

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