Okra Powers Up Africa: Securing $20M to Drive Open Finance Innovation

Okra is thrilled to announce a significant milestone in its journey to reinvent the financial landscape across Africa, having successfully raised a whopping 20 million dollars in funding. This new capital infusion marks a pivotal moment for the company, reinforcing its commitment to empowering businesses and developers as they pioneer innovative financial solutions throughout the continent. As an open finance company driven by the belief in a more inclusive digital economy, Okra continues to break barriers by seamlessly connecting individuals to their preferred financial apps and offering businesses secure and efficient access to critical financial data and payment services. This single integration approach not only simplifies user experiences but also bridges the gap between a diverse network of financial institutions, including premier banks across Nigeria, and the communities they serve. The funds raised will be strategically deployed to further enhance and scale Okra's technology platform, enabling the company to introduce advanced features that make financial data connectivity even more robust and accessible. Investment in infrastructure improvements, heightened security measures, and innovative developer tools are all part of the vision that the new capital supports. By sustaining its growth, Okra is poised to extend its reach to even more businesses and users, reinforcing their mission of unifying disparate financial actors in a cohesive ecosystem. This funding announcement underscores Okra’s unwavering dedication to fostering transparency, simplicity, and inclusiveness in the financial world—all while championing a future where innovative financial solutions drive economic empowerment and development across Africa.