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Anchor

Verified

Banking as a Service for Nigerian fintechs

Visit WebsiteWorks in AfricaAfrica-built

Anchor provides Banking as a Service (BaaS) APIs for Nigerian fintechs โ€” create wallets, issue virtual accounts, manage sub-accounts, and build financial products without a banking licence. Powers many consumer fintech apps in Nigeria.

๐Ÿ‡ณ๐Ÿ‡ฌNigeria
ยทPaymentsยทPaidยท2โ€“5 days

Best for

SaaSEarly-stage

Use when

You are building a fintech product and need to issue virtual accounts, manage wallets, or build banking features without a banking licence.

Skip when

You only need to accept payments โ€” Paystack or Flutterwave are simpler for that use case.

CBN-regulated. Requires compliance review and documentation before going live. Sandbox available for immediate testing. Excellent developer documentation.

Alternatives

Bloc, OnePipe, Fincra

Verified Apr 1, 2026