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Okra secures USD 1 mln from TLcom

Tuesday 28 April 2020 09:30 CET | News

Nigeria-based fintech venture, Okra, has raised USD 1 million in funding from TLcom Capital, a UK-based VC company focused on Africa.

Okra, the API  developer, created a product that generates revenues from both payment startups and established financial institutions. Okra has raised the pre-seed funding from TLcom Capital — a USD 71 million VC company focused on investing in Africa.

Okra is shaping a platform that connects accounts and financial data to banking apps into a revenue generating product. Okra has already created a diverse client list that includes mobile payments startup PalmPay, insurer Axa Mansard and Nigerian digital lender Renmoney.

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Keywords: Okra, TLcom Capital, fintech venture, VC, Venture Capital, API developer, payment startup, financial institution, pre-seed funding, financial data, banking app, mobile payments startup, PalmPay, AXA Mansard, digital lender, Renmoney
Categories: Banking & Fintech | Payments General
Countries: Nigeria
This article is part of category

Banking & Fintech