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Anchor

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Embedded finance platform for African businesses

Summer 2022Founded 20228 peopleLagos, LA, Nigeria; LA, Nigeria

About

Anchor provides APIs, dashboard and tools that help developers easily embed and build banking products. This includes APIs for creating bank accounts, funds transfers, savings products, issuing cards and offering loans. We also provide regulatory coverage and continuous compliance support to our partners.

Founders ยท 3

Segun Adeyemi
Segun AdeyemiFounder

Segun is the CEO & Co-founder of Anchor, the BaaS and embedded finance platform for Africa. He is an entrepreneur with years of experience in the African fintech space. He previously co-founded Amplifypay, a payment company that he sold in 2019 and helped JUMO expand into Nigeria.

GBEKELOLUWA OLUFOTEBI
GBEKELOLUWA OLUFOTEBIFounder
Olamide Sobowale
Olamide SobowaleFounder

Launch

Launched on Y Combinator ยท Aug 2022
View launch post โ†—

Build accounts, cards, savings and payments into any app! ๐Ÿš€

Anchor provides APIs, a dashboard, and regulatory support to help developers build, embed, and launch accounts, money movement, savings, and card products for African customers. They announce a private beta launched in May, 30+ signed customers (including major telco and YC-backed fintechs), and aim to reduce time-to-market for banking products to minutes with minimal code.

From the original launch (Aug 2022) โ€” may be outdated.

FintechBanking as a ServiceFintechPaymentsB2BAPI

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