Nigeria · Financial services startup

Okra

Okra was an African fintech company that provided an API super-connector for businesses and developers to access real-time financial data and payments from banks across Nigeria and

Funding reportedLast round: Seed

Financial servicesLagos, Nigeria

About Okra

Okra was an African fintech company that provided an API super-connector for businesses and developers to access real-time financial data and payments from banks across Nigeria and

other African markets. Founded in June 2019 by Fara Ashiru Jituboh and David Peterside, Okra aimed to create a unified financial ecosystem by connecting banks, fintechs, developers, and consumers. The company launched its services in January 2020 and achieved impressive operational metrics, including 99.9% uptime. Okra's core offering was its open finance infrastructure, which included a single API for account authorization, real-time balance inquiries, identity verification, transaction history, and payments. The company served a B2B model, partnering with over 100 clients, including notable banks and fintech platforms. Okra's services enabled partners to automate onboarding, verify income, and process loans efficiently. Although Okra ceased operations in mid-2025, it played a significant role in advancing open finance in Africa during its operational years.

What company datasets say Okra raised

Funding, as reported

Reported in all4.5Min the source's currency
Rounds2
Last roundSeed
Last round size3.5M
Last round dateApr 2021
Investors listed7

On a portfolio page

Investors who name them

Each firm lists Okra on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

balance api nigeriaapi uptimebank coverageopen bankingapi supportselfie verificationapi requestsreal-time dataapi referenceenterprisesapi documentationapi monitoringapi reliabilitybalance insightscustomer profilingremittance solutions

Built with from their website

Google Tag ManagerApacheViewport MetaMobile FriendlyApache HTTP Server

Sector
Financial services
Industry code
NAICS 54151, 513210, SIC 7375, 7372
Region
Lagos
Revenue
2M a year, as listed
Full record
Every detail in the company directory

Financial services in Nigeria

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