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Anchor
AddedMar 20, 2024
UpdatedJun 18, 2026
Anchor

Anchor

Series A

Anchor: Secure, scalable banking-as-a-service for African businesses, offering APIs and regulatory support.

HQ
Lagos, Lagos, NG
Founded
2022
Accelerator
Y Combinator logoY CombinatorS22
Overview
Compare
Fundraising
Employees
Website

Anchor, founded to revolutionize financial services in Africa, offers a comprehensive banking-as-a-service platform. Its core mission is to empower developers and businesses to seamlessly integrate and build banking products through scalable APIs. Anchor's suite of services includes account creation, funds transfers, savings products, card issuance, and loan offerings. Additionally, the company provides regulatory coverage and continuous compliance support, ensuring that its partners can focus on innovation without worrying about legal complexities.

Notable figures affiliated with Anchor include industry experts and investors who have recognized the startup's potential to transform African banking. Key achievements include the successful deployment of a robust API infrastructure that has enabled numerous businesses to launch and scale their financial products efficiently. Anchor's impact is significant, as it simplifies the complex process of developing banking solutions, thereby fostering financial inclusion and innovation across the continent.

Anchor - Similar Companies

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Anchor - Quick Facts

Who are Anchor's competitors?

Companies similar to Anchor include Bridgecard, Decentro, Valari and OnePipe.

When was Anchor founded?

Anchor was founded in 2022.

Where is Anchor's headquarters located?

Anchor's headquarters is located in Lagos, Lagos, NG.

How much has Anchor raised to-date?

As of Feb 14, 2024, Anchor has raised a total of $3.4M (USD).

How many employees does Anchor have?

Anchor has 12 employees as of Feb 24, 2024.

Anchor - Classification

Ownership
  • Private
  • Venture Capital
Technology
  • APIs
  • FinTech
Revenue
  • Recurring
  • Transactional
Main Product
  • APIs
  • Banking
Tags
  • Platform
  • SaaS
NAICS
  • 520000Finance and Insurance
SIC
  • 6000Depository Institutions
Show 3 more industry codes
SIC
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice