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Scalex operates a cryptocurrency trading and wallet platform for African users and developers.
Scalex provides a peer-to-peer platform for buying and selling cryptocurrencies, along with a stablecoin wallet and APIs for creating and managing BTC, BEP20, and TRC20 wallets. It was founded in 2020 in Lagos, Nigeria, by Nnaemeka Nwosu, James Ademuyiwa, Adeniyi Adedamola, Joel Ajide, and Jalani Ngati. In October 2022, the company raised pre-seed funding from Adaverse, Emurgo Ventures, and Hacked Capital.
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