Anchor
Liners checked this listing or its product relationship to a reasonable extent. Verification is not an endorsement or product test. How verification worksAPI platform for businesses, fintechs, and developers to build accounts, transfers, cards, and lending products, with sandbox testing and partner-bank compliance.
Anchor Product Overview
Is Anchor Right for You?
Liners prepares and updates these highlights as product information changes. Editorial standardsBest For
- Nigerian fintech teams
- Developers building banking apps
What It Does Well
- Banking APIs
- Account creation flows
Things to Check
- Partner bank list
- Compliance requirements
About 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 United States. Anchor states it is not a bank, and banking services are provided by its licensed partner banks.
Anchor Facts
Liners compiles product facts from official websites, app stores, documentation, trusted public sources, and details shared by product teams during editorial review. We also consider crowdsourced updates when they include verifiable evidence, and refresh facts as information changes. How we source dataRecent Reviews for Anchor
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Anchor Funding History
Liners compiles funding history from company announcements, investor records, and trusted reporting. We refresh it as new rounds are confirmed. How we source dataAnchor has raised $3.5M across 3 recorded funding events. The latest was Seed in Sep 2023.
- Total Raised:
- $3.5M
- Latest Round:
- Seed
Anchor Investors & Funding Rounds
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Anchor Founders & Leadership Team
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Latest Anchor News & Updates
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Frequently Asked Questions About Anchor
What it is: A Banking-as-a-Service (BaaS) provider that gives non-bank companies the APIs to offer banking features. How it works: They handle the messy stuff, bank licenses, compliance, and ledger systems, while you just plug their code into your app to start issuing accounts or cards.
Anchor operates directly in Nigeria and is expanding internationally (including Canada), while its infrastructure supports businesses building financial products across multiple African markets.
Fintech startups building wallets, lending, or payment apps
Marketplaces and platforms that need payouts, escrow, or embedded wallets
Businesses handling cross-border payments
You can contact Anchor support via email at hello@getanchor.co
Yes, Anchor offers a public API. View the official Anchor API documentation for endpoints, authentication, and integration guides.
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