Nigerian YC-backed startup Anchor comes out of stealth with $1M+ to scale its banking-as-a-service platform

In 2015, the emergence of fintechs such as Flutterwave and Paystack changed the game for online businesses in Africa by making it easier to integrate payments into customer interfaces without building those features from the ground up or merging with tacky foreign software.
Amplify was another payment platform that launched during that period. However, it differentiated itself by committing to payments on social media platforms, which Nigerian digital bank Carbon was interested in when it acquired the startup in 2019.
At the time, the startup’s co-founder and CEO, Segun Adeyemi, said that he w

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