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African Startup Funding Tracker

$388,103,000+

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Nigerian Fintech Startup OnePipe Secures USD 4.8 M Debt Financing
Nigerian Fintech Startup OnePipe Secures USD 4.8 M Debt Financing

TLG Capital, a pan-African alternative investment business, declared that it has teamed up with OnePipe to offer finance services to Nigeria’s unorganised sector. OnePipe, a Nigerian financial infrastructure company, used the company’s technological platforms to enable traditional companies to integrate financial services into their operations. The company offered up to 2.25 billion Naira (USD 4.8 M) in a collateralized loan facility for OnePipe. The transaction was executed by the TLG Africa Growth Impact Fund (AGIF)

OnePipe aggregates APIs from banks and fintechs into a standardized gateway that is easy to integrate and makes partnerships seamless. The funding will enable OnePipe  to grow its business and work towards its goal of being Nigeria’s top supplier of financial services to small businesses.