Helicarrier (prev Buycoins)
Helicarrier, formerly known as BuyCoins, is a fintech company based in Lagos, Nigeria, specializing in cryptocurrency infrastructure services for Africa, including advanced trading platforms, remittance solutions, and a Naira stablecoin.
Company History
Helicarrier, formerly known as Buycoins, Bitkoin Africa, and BuyCoins, operates in the fintech sector with a specific focus on banking and exchange. The company is part of the Y-Combinator S18 batch and has locations in Lagos, Nigeria. Over time, Helicarrier has evolved to offer a wide range of fintech services and products, concentrating particularly on Africa and remote operations.
Services
Helicarrier offers a variety of services designed to facilitate high frequency and large liquidity transactions. Their desk provides deep liquidity and the best prices in the market, while also maintaining client and agent confidentiality. The company can settle large transactions in cryptocurrency or USD via SWIFT wire. Their USDT Orderbook caters to advanced traders and SMEs. Additionally, they offer Buycoins for managing cryptocurrency portfolios, Sendcash for crypto-powered remittances, and Sendcash Pay for borderless payment experiences in digital products.
Cryptocurrency Products
Helicarrier has developed several cryptocurrency products, including NGNT, a collateral-backed Naira stablecoin. The company also provides Buycoins for the buying, selling, and management of cryptocurrency portfolios. Furthermore, Sendcash allows for easy and secure crypto-powered remittances, and Sendcash Pay enhances digital products with borderless payment capabilities.
Innovative Financial Apps
Helicarrier incubates pioneering products such as Accrue and Abacus. Accrue is a long-term wealth-building app designed for beginners in investing. Abacus is a versatile app that helps users track, manage, and spend money by unifying banking, investment, and crypto accounts into one platform. Notably, Helicarrier announced the acquisition of a significant equity interest in Accrue on October 6, 2022, with Buycoins Basic transitioning into Accrue as part of this agreement.
Operations and Team
Helicarrier operates primarily in Nigeria and across Africa, with a partly remote working model. The company has a team size of 30 and focuses on providing fintech solutions that bridge the gap between traditional banking and the evolving world of cryptocurrency trading. Their key operational focus is on delivering tailored, confidential cross-border payment and crypto trading services with an emphasis on high volume and high-frequency transactions.
