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 +1
Founders / Decision Makers
Team member
Employees 32
Industries API, Financial Services, Fintech
Funding Stage Series A
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.

Taxonomy: 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)

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Funding Stage Amount Investors Lead Investors Date
Series A •••••• 1
Investor
01 Jan 2022
Seed Round •••••• 7
Investor Investor
•••• ••••
21 Apr 2021
Pre Seed Round •••••• 1
Investor
27 Apr 2020

Okra Alternatives & Competitors

View All Alternatives
Okra vs
Akiba Digital
Akiba Digital South Africa

Smarter Credit and Identity Risk Decisioning for Africa.

Pre Seed
18 employees
Analytics, Cloud Infrastructure
Okra vs
Toqio
Toqio United Kingdom

One platform, endless fintech solutions.

Seed
27 employees
Finance, Financial Services
Okra vs
Flinks
Flinks Canada

The embedded finance platform for connectivity, intelligence, and payments.

Series B
92 employees
API, Analytics

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 the following industries: API, Financial Services, Fintech.
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 Akiba Digital, Toqio, Flinks, Seeds Fincap Private Limited, Bittiq. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Okra and Akiba Digital 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.

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