# Okra: Financial services, Lagos, Nigeria

> 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...

Source: https://millionrounds.com/startup/okra (Millionrounds; every figure on the page links to its filing or article)

Nigeria · [Financial services startup](https://millionrounds.com/companies)

# 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 reported Last round: Seed

Financial services Lagos, Nigeria

Company summary

- **Founded:** 2020 6 years old
- **Team:** 31 11 to 50 people
- **Funding reported:** 4.5M as listed, currency not stated
- **Last round:** Seed Apr 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Okra has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 all **4.5M** in the source's currency

Rounds **2**

Last round **Seed**

Last round size **3.5M**

Last round date **Apr 2021**

Investors listed **7**

## On a portfolio page

Investors who name them

- [TLcom Capital LLP](https://millionrounds.com/fund/tlcom-capital)

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 nigeria api uptime bank coverage open banking api support selfie verification api requests real-time data api reference enterprises api documentation api monitoring api reliability balance insights customer profiling remittance solutions

Built with from their website

Google Tag Manager Apache Viewport Meta Mobile Friendly Apache 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](https://millionrounds.com/directory/okra)

## Financial services in Nigeria

Startups like it

- [**PalmPay** Lagos · founded 2019 *Raised*](https://millionrounds.com/company/palmpay)
- [**Daya** Lagos · founded 2025 *Raised*](https://millionrounds.com/company/daya)
- [**Creditchek** Lagos · founded 2021 *Raised*](https://millionrounds.com/company/creditchek)
- [**OPay** Lagos · founded 2018](https://millionrounds.com/startup/opay-3)
- [**One Finance & Investment** Lagos · founded 2012](https://millionrounds.com/startup/one-finance-investment)
- [**Transsnet Financial** Lagos · founded 2018](https://millionrounds.com/startup/transsnet-financial)
- [**Ultimcred Limited** Lagos · founded 2019](https://millionrounds.com/startup/ultimcred-limited)
- [**Access ARM Pensions** Abuja · founded 2004](https://millionrounds.com/startup/access-arm-pensions)

## Is this your company?

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