What Does Helicarrier (prev Buycoins) Do?

    Learn about what Helicarrier (prev Buycoins) does, their cryptocurrency infrastructure services for Africa, competitors, and key company information.

    What Does Helicarrier (prev Buycoins) Do?

    Name: Helicarrier (prev Buycoins)

    Headquarters: Lagos, Nigeria

    Employees: 11-50

    Helicarrier (previously known as Buycoins) is a fintech company building cryptocurrency infrastructure for Africa. Helicarrier provides platforms and tools that enable Africans to buy, sell, manage cryptocurrencies, and facilitate cross-border money transfers.

    Helicarrier operates several core products, most notably Sendcash and Buycoins. Sendcash is an application designed for Africans in the diaspora to send money quickly and efficiently back home, addressing the need for faster, lower-cost remittance options. Buycoins serves as a user-friendly marketplace for buying, selling, and managing cryptocurrency portfolios, making digital asset access more straightforward for individuals and businesses across Africa.

    By leveraging blockchain technology, Helicarrier aims to solve the persistent challenges of high remittance fees and limited financial access across the continent. Their infrastructure supports seamless crypto transactions, focusing on financial inclusion and modernizing cross-border payments.

    What Technology Enables Helicarrier?

    Helicarrier relies heavily on blockchain and crypto technologies to underpin its services. By integrating decentralized networks, they facilitate peer-to-peer transfers and real-time settlements that bypass traditional banking limitations. This approach helps reduce transaction costs, speeds up remittance processes, and broadens access to financial services for underbanked populations in Africa.

    Who Uses Helicarrier?

    Helicarrier primarily serves:

    • The African diaspora seeking efficient ways to send money to loved ones and connections back home.
    • Individuals and businesses in Africa interested in cryptocurrency investment, trading, and portfolio management.
    • Users across Nigeria and various African regions who require quick, reliable, and cost-effective financial tools.

    Who Are Helicarrier's Competitors?

    Helicarrier operates in the African fintech and remittance sector, where several companies are working to solve similar challenges:

    • Chipper Cash: Focuses on fast, low-cost money transfers across Africa and beyond.
    • Eversend: Offers multi-currency wallets and affordable cross-border transfers for Africans.
    • Afriex: Expanding remittance services to numerous African countries, transforming international money transfers.
    • Moniepoint: Provides MonieWorld for UK-based African diaspora to send money to Nigeria efficiently.

    While these platforms share the mission of improving financial access and remittances, Helicarrier differentiates itself by its deep integration of crypto infrastructure and focus on both remittances (Sendcash) and digital asset management (Buycoins).

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