cNGN logo

cNGN

Operating

Compliant naira-backed stablecoin with APIs and SDKs for builders, issued through a bank and fintech joint venture

Updated Source: SLA Startup IndexHow we verify →
Employees
2-10

About cNGN

cNGN is a compliant naira-backed stablecoin that puts the Nigerian naira on-chain as a settlement rail with universal access. It is issued by Wrapped CBDC Ltd, a joint venture with commercial banks, fintechs and other virtual asset service providers, and is designed to open financial inclusion across borders. Developers can integrate it through APIs and SDKs with wallet infrastructure, bridging, minting and burning support across multiple programming languages.

cNGN was founded in 2020 and is based in Lagos, with a team of 2 to 10 people. It is a portfolio company of MEST Africa. The company's FAQ addresses whether it is a government project and how it compares with mobile money and fintech payment rails.

More Crypto startups in Nigeria

  • Vella Finance

    Vella Finance is a fintech company which offers financial infrastructure for local and cross-border payments, targeting SMEs in Africa. · Nigeria

  • Ivorypay

    Stablecoin and crypto payment gateway letting African businesses accept digital-asset payments and settle in local currency via banks and mobile money. · Nigeria

  • Pouchers

    Multi-currency accounts, virtual dollar cards, and stablecoin settlements for the Global Africans. · Nigeria

All 4 Crypto startups in Nigeria

Frequently asked about cNGN

Where is cNGN based and when was it founded?
cNGN is headquartered in Lagos, Nigeria and was founded in 2020.
What sector is cNGN in?
cNGN operates in Crypto, FinTech and Blockchain.