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Nigerian fintech startup OnePipe has raised a USD 3.5 Mn seed funding round as it looks to double down on its embedded finance strategy. The round was co-led by Atlantica Ventures, Tribe Capital, and V&R Associates. It also included Canaan Partners, Saison Capital, Norrsken, The Fund, and Two Culture Capital. Existing investors also participated including, Chris Adelsbach, Techstars, Ingressive Capital, Acquity, P1, Raba, and DFS Lab.
OnePipe aggregates APIs from banks and fintechs into a standardized gateway that is easy to integrate and makes partnerships seamless. The startup seeks to deepen financial inclusion in the continent by extending financial services to currently informal, unbanked, and underbanked businesses.