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Anchor

Embedded finance platform for African businesses

Y CombinatorSummer 2022ActiveFintechBanking as a ServiceFintechPaymentsB2B

What they do

Problem

African businesses and developers struggle to quickly launch compliant banking and financial products without building costly infrastructure and navigating complex regulations.

Solution

Anchor provides an embedded finance platform with APIs, dashboards, and compliance support to create bank accounts, move funds, offer savings, issue cards, and provide loans.

Who it's for

Developers and African businesses that want to embed banking services into their products.

Founders

Segun Adeyemi
Founder

Segun is the CEO & Co-founder of Anchor, the BaaS and embedded finance platform for Africa. He is an entrepreneur with years of experience in the African fintech space. He previously co-founded Amplifypay, a payment company that he sold in 2019 and helped JUMO expand into Nigeria.

GBEKELOLUWA OLUFOTEBI
Founder
Olamide Sobowale
Founder

Company timeline

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