HoneyCoin

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HoneyCoin is a stablecoin-compatible payment orchestration platform based in Nairobi, Kenya. It enables businesses and consumers to collect payments, move money in real time, and issue bank accounts, wallets, and cards across 45+ countries. Its infrastructure blends fiat and blockchain rails to power compliant, instant, and cost-efficient financial flows—especially in fragmented African markets


Location: Kenya
Website: https://honeycoin.app/
Sector: Finance
Funding Stage: Venture Round, Pre-Seed, Seed,
Total Funding ($m): 5.5
# of Founders: 1
Founding Year: 2020
Funding Year: 2025
Status: Active
YearAmountStageInvestors
2021$0.1mVenture RoundAntler
2021$0.5mPre-Seed4DX Ventures, Hustle Fund, Musha Ventures, Flori Ventures, Microtraction, SUNU Capital
2025$4.9mSeedFlourish Ventures, TLcom Capital, Stellar Development Foundation, Lava, Musha Ventures, 4DX Ventures, Antler, and Visa Ventures
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David Nandwa
Founder & CTO
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Venture Round $0.1m
Antler

Pre-Seed $0.5m
4DX Ventures, Hustle Fund, Musha Ventures, Flori Ventures, Microtraction, SUNU Capital

Seed $4.9m
Flourish Ventures, TLcom Capital, Stellar Development Foundation, Lava, Musha Ventures, 4DX Ventures, Antler, and Visa Ventures



News
https://launchbaseafrica.com/2025/08/12/africas-top-vcs-place-their-bets-on-stablecoins-via-a-4-9m-round-for-kenyan-fintech-honeycoin/