Anchor

Anchor is an API-based banking and payments infrastructure platform for businesses, fintechs, and developers building financial products for their customers.

Key capabilities include:

• Accounts: Create deposit, savings, and virtual accounts via API, including virtual NUBANs for NGN account numbers and settlement workflows.
• Payments: Integrate transfers, collections, payouts, and bill payments into apps, with endpoints for statements and payment lookups.
• Cards: Issue branded debit cards, including physical and virtual cards, through API-driven card infrastructure.
• Credit: Build lending features with APIs designed for loan management.

Available via Web (dashboard and sales/contact flow) and REST APIs, with developer documentation and a sandbox environment for testing endpoints such as statements, payments, virtual NUBANs, and transfers.

It targets B2B2X teams, including SaaS platforms (B2B payments, expense management, bookkeeping for SMEs), digital wallets, and online stores that need embedded financial services.

Notable in the African market context, the platform supports product builders in Nigeria by working with CBN-licensed partner banks for banking services and by handling compliance and bank relationships; it also lists an office presence in the . Anchor states it is , and banking services are provided by its licensed partner banks.