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Yele Bademosi

Nationality:NigerianLocation:Lagos, Nigeria
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Overview

Yele Bademosi is a Nigerian entrepreneur, tech startup founder, and investor, recognized for his significant contributions to the African blockchain and Web3 ecosystems. He is known for co-founding the cryptocurrency startup Bundle and the Web3 venture, Nestcoin.Early Life and Education Yele Bademosi was born in 1991. He is the only male among his siblings. Bademosi initially pursued medical studies at the University of London, fulfilling his father's preferred career path for him. However, driven by an early interest in computers, he eventually dropped out of medical school to focus on building applications, an interest that later led him into the technology sector.Career Progression and Notable Works Bademosi began his career in the technology space, including an unsuccessful attempt to build a social media app before returning to Nigeria. His focus shifted to venture capital and blockchain technology. He served as a former director at **Binance Labs**, the venture arm of the global cryptocurrency exchange Binance. While at Binance Labs, he founded **Bundle Africa**, a crypto-social payment app designed to drive digital currency adoption across the continent. Bundle was founded in August 2019, and Bademosi served as its CEO until July 2021, when he stepped down to focus on broadening digital currency adoption across Africa. In November 2021, Bademosi co-founded **Nestcoin** with Taiwo Orilogbon. Nestcoin is a tech startup focused on creating Web3 applications and investing in other early-stage startups with similar interests. He is also the Founding Partner at **Microtraction**, an early-stage venture capital firm that funds African startups across various sectors, including financial technology and Web3, aiming to accelerate Africa's transition into a sustainable and digital economy through capital, innovation, and policy.Current Status Yele Bademosi continues to be an active figure in the African tech and Web3 investment space, primarily through his work with Nestcoin and as a Founding Partner at Microtraction. His efforts are centered on leveraging blockchain technology to foster economic growth and digital inclusion across the continent.

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