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Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding (13779 Views)

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Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by LegendHero(m): 1:33am On Dec 24, 2020
OnePipe, a Nigerian API startup has raised $950,000 pre-seed funding led by Techstars, and African impact-focused VC fund, Atlantica Ventures.

Several institutional investors like Future Perfect Ventures, Raba Capital, P1 Ventures, Ingressive Capital, Sherpa Ventures Africa, Zedcrest Capital, and DFS Lab also participated.

Angel investors were not left out in the funding round including Chris Adelsbach (who also invested in Kuda), Idris Ayo Bello; Jim Chu; Haresh Aswani; Vishal Agarwal; and Folabi Esan among others.

OnePipe aggregates APIs from banks and fintechs into a standardized gateway that is easy to integrate and makes partnerships seamless. has successfully raised $950k in pre-seed funding,

The single gateway cuts resources spent managing multiple integrations and negotiating contracts, and is used by a little over 40 businesses on the demand side and four banks on the supply side.

Founder and CEO of OnePipe, Ope Adeoye said: “With this shot in the arm, we are now prepped to chase down some of the opportunities that we feel would have been further along in our journey. The vote of confidence inspires us and now we want to double down.”

Source: https://www.techawkng.com/2020/12/18/nigerian-api-startup-onepipe-secures-950000-pre-seed-funding/

26 Likes 2 Shares

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by ABULARdotCOM: 3:00am On Dec 24, 2020
Well done!

13 Likes

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by Neimar: 5:03am On Dec 24, 2020
Wow nice one
Be motivated

3 Likes

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by anochuko01(m): 5:03am On Dec 24, 2020
I would love to see hardware making this much impact. But the country is so unfavorable.

11 Likes

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by Esseite: 5:05am On Dec 24, 2020
Another payment App?

Competition is at the advantage of the populace, but too many just puts anyone managing peoples monies with virtually zero capital threshold against uncertainties. Moreover Nigerian banks mobile apps virtually do most of what these Fintech coys do, Since the fintechs to achieve these milestones would be needing personal banking information of people divulged to third parties while being unregulated and prone to scams.

25 Likes 1 Share

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by loosecanon50(m): 5:05am On Dec 24, 2020
Nigerians got brains. More grace guys, keep making us proud cool

6 Likes

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by usecondom(m): 5:07am On Dec 24, 2020
This right here is amazing. kiss kiss

1 Like

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by DuBLINGreenb(m): 5:07am On Dec 24, 2020
O boy na to enter this tech startup ish oh

1 Like 1 Share

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by BigBashiru: 5:07am On Dec 24, 2020
Negros always depending on others.... raising money from New York because you can't govern yourselves - the money could not be gotten from African venture firms because it's a failed race

14 Likes

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by ObaOfEsan: 5:08am On Dec 24, 2020
lipsrsealed
Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by daewoorazer(m): 5:08am On Dec 24, 2020
It’s a pitiable hismaPisma that the president of these bright minds is clueless and dumb MR buhari

1 Like

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by eedimo(m): 5:09am On Dec 24, 2020
I don't know if I don't understand English or the news doesn't make sense to me.

14 Likes 1 Share

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by Sysdatek: 5:09am On Dec 24, 2020
DuBLINGreenb:
O boy na to enter this tech startup ish oh

You have to be on top of your games

3 Likes

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by mainkendo: 5:12am On Dec 24, 2020
cheesy
Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by iampeterben(m): 5:13am On Dec 24, 2020
God bless them and their hustles.

2 Likes 1 Share

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by kalu61(m): 5:14am On Dec 24, 2020
Kudos guys.

Start ups in Nigeria is like hashing an egg to sell the chicken to a consumer

5 Likes

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by Mindlog: 5:16am On Dec 24, 2020
Good one.
Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by ebukamat34: 5:17am On Dec 24, 2020
angry
Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by ecomalchemist(m): 5:17am On Dec 24, 2020
Ta lo so pe ko por ke ?

More wins to Onepipe.


The Megatron Powerbank is very good and it hold a very interesting charge... Apart from its big capacity of 50,000mah, it also support qc 3.0 fast charging technology for Android and iPhone that supports it. The Powerbank is one of the best right now.

Check my sig

Contact me -.zero eight one one nine seven five six one four four.
Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by NaijaFutbol: 5:20am On Dec 24, 2020
Good job.

If it was a Nigerian parastatal, one 60 year old fool from the president's village will be dragging these youth backwards

7 Likes

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by stonemasonn: 5:23am On Dec 24, 2020
anochuko01:
I would love to see hardware making this much impact. But the country is so unfavorable.
lol, China will destroy any made in Nigeria hardware company

1 Like 1 Share

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by persius555(m): 5:27am On Dec 24, 2020
$950,000 for such a huge Idea. Investors got their money worth
Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by Alaigbopress: 5:27am On Dec 24, 2020
Good Job
Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by adecz: 5:29am On Dec 24, 2020
⏩Southerners are moving in
extremely ➕ve directions, while
Northerners are busy in the direction
of breaking beer bottles, burning down schools,kidnapping, religious fanaticism,
almajiri & illiteracy.


⏩That's why their youths are running
away from the north, heading South
& bringing dem wahala with dem.




As time goes on, the British who
selfishly joined the north & south together
in 1914 must be engaged to come
& quietly separate us without any war.

Let the people who want to remain
backward stay that way & others
who want progress to move on.✨✨ ⭐

5 Likes

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by emperordelis(m): 5:29am On Dec 24, 2020
BigBashiru:
Negros always depending on others.... raising money from New York because you can't govern yourselves - the money could not be gotten from African venture firms because it's a failed race

Why have you chosen to be unfortunate??

10 Likes 1 Share

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by MANNABBQGRILLS: 5:32am On Dec 24, 2020
Good news to good and sane Nigerians.

Bad news to enemies of the nation, AKA Children of hate, frustrations and perdition.

Nigeria will be great in our lifetime, whether children of Shatan and fraudsters like it or not.

God punish devil.

1 Like 2 Shares

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by MANNABBQGRILLS: 5:32am On Dec 24, 2020
emperordelis:


Why have you chosen to be unfortunate??
Deep and true words!

Pessimistic souls abound in our land you know?!

When there’s bad news, the media must report it to Nigerians.
But when there’s good news to cheer the people up, the media must also report it.

“But I have never seen anyone enjoy, relish and savour with glee, the reporting of bad news the way it’s done on some social media platforms and some evil news agencies.

3 Likes 1 Share

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by anochuko01(m): 5:36am On Dec 24, 2020
stonemasonn:
lol, China will destroy any made in Nigeria hardware company
its not just that... you cant start to imagine the number of manufacturing companies that have left the country to ghana due to issues such as road, electricity and govt policy. we arent making it easier for ourselves at all. if not for the state of our country, we are meant to be the african hardware hub for the big companies. we have the raw materials and cheap labor but the country is so unstable

8 Likes

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by Yankee101: 5:38am On Dec 24, 2020
Nice way to go

Didn't know nigerian banks will agree to open up to external api gateways

If you have new ideas surrounding the Nigerian internet market, drop a line (not website building oh)
Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by updatechange(m): 5:44am On Dec 24, 2020
Yoruba boys and tech....
I must say that SW has great youths that are ready to take on the world in nearest future.

21 Likes

Re: Nigerian API Startup, Onepipe Secures $950,000 Pre-seed Funding by Brunicekid(m): 5:48am On Dec 24, 2020
This country is into aggregating APIs

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