Banking-as-a-Service Fintech, Anchor Secures $2.4m Seed for pan-African Expansion

Banking-as-a-Service Fintech, Anchor Secures $2.4m Seed for pan-African Expansion

Leading pan-African Banking-as-a-Service (BaaS) provider Anchor has revealed its $2.4 million Seed round, which will be used to introduce new products, improve its infrastructure for licensing and compliance, and assess potential new markets. Goat Capital led the round, which also included FoundersX, Rebel Fund, and other renowned investors. One of them is Y Combinator. The…

Anchor, Nigerian Banking-as-a-service Startup Secure $1m Pre-seed Round

Anchor, Nigerian Banking-as-a-service Startup Secure $1m Pre-seed Round

Nigeria’s Anchor has acquired over US$1 million in pre-seed funding and announced the opening of its public beta. Anchor is a banking-as-a-service (BaaS) platform that enables the seamless development of financial products across Africa. Olamide Sobowale, Segun Adeyemi, and Gbekeloluwa Olufotebi founded Anchor, which offers APIs for offering accounts, money movement, savings, and card goods….