Okra Inc.
NG · Lagos · Central Bank of Nigeria (former)
Okra Inc. is an Open Banking Platform based in NG (Lagos), regulated by Central Bank of Nigeria (former). The institution's BaaS program is currently collapsed, launched in 2019.
Okra Inc. supports the following products and services: Payments, Accounts, KYC/AML, Open Banking. The bank serves customers across Nigeria (formerly).
Notable fintech partners include Renmoney, Branch, Bamboo, AIICO Insurance.
- Products Supported
- PaymentsAccountsKYC/AMLOpen Banking
- Geographies Served
- Nigeria (formerly)
- Charter / Regulator
- Central Bank of Nigeria (former)
- API Standards
- REST API
- Minimum Deal Size
- Not publicly disclosed
- Year Program Launched
- 2019
Renmoney, Branch, Bamboo, AIICO Insurance
WARNING: Company ceased all operations in May 2025. Co-founder confirmed wind-down. Returned $4M-$5.5M in unused capital to investors.
WARNING: Okra ceased all operations in May 2025 after five years as a pioneering open banking API provider in Nigeria. Shutdown attributed to naira depreciation making USD cloud costs unsustainable and slow regulatory adoption of open banking rules. Had raised $16.5M total.