What is NGENI LABs? Recent News, Fundraising and Token
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Key Takeaways
- NGENI LABs is East Africa's largest blockchain and Web3 development studio, founded in 2021, specializing in custom engineering services for fintech, cryptocurrencies, and decentralized applications.
- The company provides full-stack development for Web3 technologies, including smart contracts, dApps, and blockchain infrastructure, with a team of over 106 professionals.
- Focused on building for the third-generation internet, NGENI LABs operates internationally and emphasizes decentralized solutions for businesses in evolving global landscapes.
What is NGENI LABs?
NGENI LABs is a leading fintech company and development studio based in Kenya, specializing in blockchain and Web3 technologies. Founded in early 2021, it serves as East Africa's first pure-play and largest blockchain engineering studio, offering custom software development services for Web3 applications, fintech solutions, cryptocurrencies, and market trading. With a team of over 106 professionals, the company develops complex cross-platform applications, bots, and decentralized apps (dApps) using decentralized technologies like smart contracts, as detailed on their official website ngeni.io and LinkedIn profile.
How Does NGENI LABs Work?
NGENI LABs operates as a full-stack development partner for businesses, designing and delivering flexible projects in Web3, fintech, and blockchain. They leverage decentralized digital infrastructure to build applications that adapt to global changes, with a presence in multiple international locations to support custom engineering needs. Core components include developing smart contracts, dApps, and platforms for industries like Play-2-Earn, Metaverse, and cryptocurrencies, as described on their website ngeni.io.
Clients engage NGENI LABs for tailored solutions in blockchain technology, where the studio handles everything from strategy to implementation, ensuring scalable and innovative outcomes for fintech and trading markets, according to their LinkedIn company description and Crunchbase profile.
What Makes NGENI LABs Unique?
- As East Africa's largest Web3 development studio with over 106 team members, it stands out for its regional leadership and scale in blockchain engineering (source: LinkedIn company page).
- Focuses exclusively on next-generation internet technologies, including pure-play Web3 development for complex applications and bots, differentiating it from general tech firms (source: official website ngeni.io).
- Provides international adaptability with a presence in multiple locations, enabling flexible partnerships for global businesses in evolving landscapes (source: website content).
NGENI LABs Native Token
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Recent News & Fundraising
- NGENI LABs maintains an active Substack newsletter providing weekly roundups on Web3 developer activities in Africa, including hackathons, project funding, and news (source: substack.com/@ngeni).
- The company continues to highlight its role in blockchain and fintech development, with content from 2022 recapping Microsoft accelerator involvement and project spotlights (source: ngeni.substack.com posts).
- No recent fundraising announcements are available in verified sources as of 2025.