Africa’s leading fintech infrastructure platform celebrates three years of impact, processing over $2.5B, securing key licenses, and enabling hundreds of businesses to build and scale financial products.
Lagos, Nigeria – September 1, 2025
This month, Anchor, Africa’s leading banking and payments infrastructure company, marks its third anniversary. Founded in August 2022 to remove the barriers to building financial products in Africa, Anchor has grown into a trusted partner for fintechs, startups, merchants and enterprises across the continent.
Anchor’s mission is simple but ambitious: make it easier for businesses to launch and scale financial products with speed, reliability, and compliance built in.
Anchor by the Numbers
In just three years, Anchor has:
- Processed over $2.5 billion in transactions.
- Onboarded 300+ businesses, including startups like Bujeti, Kredete, Ramply, Cedar Money, Timon Financials, Kobotrade, Curacel, Trove, Accrue, alongside major enterprises like MoMo (MTN’s fintech arm).
- Enabled millions of monthly transactions, reaching millions of everyday Africans.
- Secured critical licenses including Microfinance Bank, International Money Transfer Operator (IMTO), and MSB licenses.
- Built an API-first platform covering core banking services, payments, cards, compliance, and AI-powered product design tools.
Powering Builders, Reaching Lives
Anchor’s infrastructure powers a new wave of financial innovation across use cases:
- Remittances – companies like Veloremit, Quick Remit & more are helping families send and receive money safely, quickly, and affordably.
- Expense Management – platforms like Bujeti give SMEs smarter tools to manage spending and grow with confidence.
- Trade & Commerce – companies like Middleman enabling payments to flow seamlessly for entrepreneurs moving goods across borders.
- Consumer Finance – digital lenders like Kredete, Obtainly and more are expanding access to fair credit for individuals and businesses in underserved communities.
- Digital Wallets: companies like Timon, stacks and many more allow consumers to transact globally with their virtual wallets and multicurrency cards.
Behind every API call is a real-world impact: a student receiving tuition, a parent paying for healthcare, a small business unlocking growth.
Voices from Anchor and Its Partners
“Anchor was founded to remove the barriers holding back financial access in Africa. Three years later, we’re proud of how far we’ve come, but even more excited about what lies ahead. Our mission remains clear: to be the rails powering Africa’s financial future.”
— Segun Adeyemi, CEO & Co-founder of Anchor
“Partnering with Anchor has been a game-changer for us. Anchor is smooth, very responsive, and it feels like they are on this journey with you. Anchor works!”
— Adeola Owosho, Founder of Middleman
Looking Ahead
As Anchor enters its next chapter, its focus is clear:
- Doubling down on developer-first infrastructure.
- Expanding local and global rails to enable African businesses to operate globally, and global businesses to operate seamlessly in Africa.
- Launching new products that bring financial services to more people.
- Expanding into additional African markets and beyond.
Anchor remains committed to one vision: to be the backbone of Africa’s financial future, enabling innovators to thrive and ensuring everyday people feel the impact.
About Anchor
Anchor is Africa’s leading banking and payments infrastructure platform. Through simple, secure APIs, Anchor enables businesses to offer local and global financial products. From accounts, wallets, and payments to cards, compliance, and multi-currency services. Anchor’s platform processes billions in transaction volume annually and powers over 300 businesses across Africa and beyond.
Learn more at www.getanchor.co.
