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Okra logo — Powering the next generation of financial products in Africa

Okra

Powering the next generation of financial products in Africa

Founded 2020 Nigeria Nigeria 32 employees Series A Total: $16.50M API, Financial Services +1

General Information

Company Name Okra
Founded Year 2020
Location Nigeria Nigeria
Founders / Decision Makers
Team member
Employees 32
Industries API, Financial Services, Fintech
Funding Stage Series A
Business Model B2B, API, Platform
Revenue Model Usage Based, Subscription, Transaction Fee
Social

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About Okra

Okra, with the slogan "Powering the next generation of financial products in Africa", is a promising fintech company based in Nigeria, established in 2020. Focused on open finance, Okra facilitates seamless integration for businesses and developers seeking to create impactful financial services. Their platform connects users to their financial accounts with ease, providing secure data access and payment solutions.

Positioned within the API and Financial Services sectors, Okra stands out by linking businesses, banks, and individuals into a cohesive financial ecosystem. The startup has already gained traction amongst leading banks in Nigeria, demonstrating its ability to enhance financial connectivity across the African continent.

Highlighting its growth and potential, Okra secured a $12.00M Series A investment on 01 January 2022 from Base10 Partners. This investment underscores investor confidence in Okra's vision to innovate and streamline financial activities within Africa.

Business keywords: open finance, data aggregation, fintech integration, secure API, account connectivity, financial data access, payment solutions, B2B services, financial ecosystem, digital finance, developer empowerment, financial inclusion

Services & Products

Authentication
Transactions
Identity
Balance
Income
Payments

Target Customers

Lending Businesses Digital Banks Personal Finance Applications Remittance Services Business Finance Teams

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $12.00M 1
Base10 Partners
Base10 Partners
01 Jan 2022
Seed Round $3.50M 7
Susa Ventures TIDE Africa Fund
Susa Ventures, TIDE Africa Fund +5
21 Apr 2021
Pre Seed Round $1.00M 1
TIDE Africa Fund
TIDE Africa Fund
27 Apr 2020

Latest News

View All
TLcom Capital closes second fund at $154M to back early-stage startups across Africa — Techcrunch
TLcom Capital closes second fund at $154M to back early-stage startups across Africa
Techcrunch Apr 22, 2024

Okra Alternatives & Competitors

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Okra vs
Belvo
Belvo Spain

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Okra vs
Mono
Mono Nigeria

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67 employees
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Okra vs
Plaid
Plaid United States

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FAQ About Okra

Powering the next generation of financial products in Africa
Okra was founded in 2020.
Okra is headquartered in Nigeria.
Okra operates in API, Financial Services and Fintech. Its work centres on open finance, data aggregation, fintech integration and secure API. Its customers include Lending Businesses, Digital Banks and Personal Finance Applications.
Okra has a B2B, API and Platform business model. Its revenue comes from Usage Based, Subscription and Transaction Fee.
Okra has approximately 32 employees.
Okra has completed 3 funding rounds, raising a total of $16.50M. The latest funding stage is Series A.
Okra offers: Authentication, Transactions, Identity, Balance, Income, Payments.
Top alternatives and competitors to Okra include Belvo, Mono, Plaid, Token.io, OdinMo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Okra and Belvo are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Okra, https://bouncewatch.com/company/okra, updated 30 April 2026. When citing, please name BounceWatch and link this page.

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