NectarFi

NectarFi (also branded Nectar Finance) is a self-custodial financial app that packages virtual USD/EUR accounts, Visa spend, crypto and tokenised-stock trading, and an on-chain “trust score” for Global South users. It was co-founded by Felix Daniel and Stephanie Okeke, raised a $170,000 pre-seed, and opened publicly after a private beta across Africa, Latin America and Southeast Asia.1

History

During private access NectarFi reported 1,000+ users in eight countries (including Nigeria, Kenya, South Africa, Ghana, Brazil and Indonesia) and about $7.2 million in volume. Public launch coverage in 2026 framed the product as a unified crypto-plus-banking interface on Solana, with partners such as Raincards, Jupiter, Privy, Ondo and Perena.2

Founders

Felix Daniel is founder and chief executive officer.

Stephanie Okeke is co-founder. Together they positioned NectarFi around portable on-chain credit for people excluded from traditional bureaus.

Model

NectarFi is explicitly not a bank: assets sit in user-controlled smart contracts rather than on the company’s balance sheet. Fiat on-ramps (Nigerian bank transfer, Brazil PIX, Southeast Asian scan-to-pay, SWIFT) and cards are provided through partners. The thesis is self-custody with a familiar account/card UX.

Products

Self-custodial wallet; virtual US and EUR accounts; Visa cards; gasless crypto trading and tokenised equities; P2P payments; and an on-chain credit/trust score intended to unlock borrowing later.

References

  1. NectarFi is a self-custodial financial platform offering accounts, cards and on-chain identity features. https://nectarfi.finance/
  2. Launch coverage cited a $170,000 pre-seed, private-beta volume of $7.2 million and partners including Raincards and Jupiter. https://techbuild.africa/nectarfi-170k-pre-seed-in-crypto-markets/

Frequently asked questions

What is NectarFi?
NectarFi (Nectar Finance) is a Solana-based self-custodial app combining virtual accounts, cards, trading and on-chain credit scoring.
Who founded NectarFi?
NectarFi was founded by Felix Daniel, Stephanie Okeke.
What type of company is NectarFi?
NectarFi is described as Self-custodial / partner rails in its neobank.wiki profile.
What is the official NectarFi website?
The official website for NectarFi is https://nectarfi.finance/.

See also

  • AccrueAccrue is a Ghana- and Nigeria-rooted fintech that moves money across Africa and the US using a stablecoin agent network.
  • AirwallexAirwallex is an Australian-founded business fintech for global accounts, payments and spend management.
  • Alex JohnsonAlex Johnson is the founder of Fintech Takes, a widely read fintech newsletter and podcast; he is active on X as @AlexH_Johnson.
  • Alexandre ProtAlexandre Prot is co-founder and CEO of Qonto, the Paris-based European business neobank.
  • Ali NiknamAli Niknam is founder and CEO of Bunq, the Amsterdam-based licensed Dutch neobank.
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