Onboard
Self-custody 'deobank' thesis from Lagos: your keys, your dollars, your card.
Self-custody wallet + cards for Africa.
- Who holds it
- You do. Funds sit on-chain in a wallet the company cannot freeze.
- The ledger
- The blockchain — no company keeps the authoritative record.
- If it fails
- Nothing on the company side to fail; but lose your keys and the money is gone for good.
Derived from Onboard’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | web3-native |
| HQ | Lagos, NG |
| Founded | 2021 |
| Custody | Self-custodial |
| Regulation type | Self-custodial software |
| Card | Visa · Virtual + physical |
| Yield | Onchain yield |
| Stablecoins | Yes |
| KYC | Card only |
| Active regions | Africa |
| Countries | Nigeria, Ghana, Kenya, Global |
| Founders | Yele Bademosi |
Verified links: official site ↗ · terms ↗ · privacy ↗ · @onboardglobal ↗
Common questions about Onboard
What is Onboard?
Onboard is a self-custodial, on-chain-first neobank, headquartered in Lagos, NG and founded in 2021. You hold the keys: Onboard never takes custody of your funds. It is software rather than a licensed institution.
Does Onboard have a card, and where can you use it?
It issues a Visa virtual and physical card, and identity checks apply to the card but not to the wallet. It is available in 4 countries, across Africa.
Does Onboard require KYC?
Partly. You can use Onboard itself without verifying your identity, but ordering its card requires KYC.
What does Onboard cost?
From the verified fields: yield Onchain yield. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with Onboard before relying on them.
Peers
Phantom · Zengo · MiniPay · MetaMask · Solflare · Rainbow
Onboard appears in
Neobanks that never hold your money (53) · Neobanks where only the card requires ID (33) · Neobanks available in Africa (92) · Neobanks that issue a Visa card (182) · Neobanks in Nigeria (15)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.