Company Database - Okra

Africa's API for Financial Technology

Okra is technology company that builds the infrastructure and tools for developers/financial services businesses to offer personalised digital financial products.

Founder(s)

David Peterside & Fara Ashiru Jituboh 

Funding rounds and investors

Pre Seed Round (USD 1 million) — TLCom Capital. 

Seed Round (USD 3.5 million) — Susa Ventures (Lead), Accenture Ventures, TLCom Capital, Rob Solomon, & Sequoia Capital Scouts.

Service provider type   

Open Banking enablers

How it works

Consumers connect their bank account to their favourite digital banks & fintech applications. 

What problem does the company solve?

Okra provides seamless access to financial data & secure payments for developers building fintech products. 

Types of supported APIs\API standard supported

Authentication, Identity, Balance, Transactions, Income, Assets, Liabilities, Complete View, & Payment initiation.

Industries/target markets

Financial Services in Africa 

Geographical coverage (operational area)

Nigeria 

Business model/pricing

PAYG & Volume 

Technology

Cloud-enabled

Software language

MERN stack 

Software developement tools

Asana, slack, GitHub etc. 

When was the core technology developed?

January 2020

Partners

Evervault 

Customers / Case studies

Access Bank, Crowdyvest, Umba, d.local, Patricia, Renmoney

Business revenue

Confidential


Contact Okra

Lagos https://okra.ng/
hello@okra.ng
Nigeria

Reports covering Okra

7 Oct 2021 Open Banking Report 2021
::: more reports