OnePipe is a technology company.
OnePipe has raised $5.0M across 2 funding rounds.
OnePipe has raised $5.0M in total across 2 funding rounds.
OnePipe has raised $5.0M in total across 2 funding rounds.
OnePipe's investors include 9Yards Capital, Andreessen Horowitz, CRV, Dig Ventures, Four Rivers Group, Geek Ventures, Incisive Ventures, Independent, Index Ventures, Mango Capital, Motivate Ventures, Outrun Ventures.
OnePipe is a Nigerian fintech company providing a banking-as-a-service (BaaS) platform that aggregates APIs from banks and fintechs into a unified gateway, enabling businesses to embed financial services like payments, account management, and credit without complex integrations.[1][2][5] It serves fintech startups, non-financial businesses, and enterprises seeking to launch financial features quickly, solving the problem of fragmented APIs, lengthy negotiations, and high integration costs in Africa's fintech ecosystem.[2][3] By February 2021, OnePipe had facilitated over ₦1.4 billion (US$3.7 million) in transactions across 40+ demand-side businesses and four supply-side banks, demonstrating strong early growth momentum toward financial inclusion.[2]
Founded in November 2018 in Lagos, Nigeria, by Ope Adeoye, an industry veteran who previously built Quickteller, one of Africa's most successful digital payment platforms.[2][3] Adeoye launched OnePipe to address fintechs' struggles with endless bank negotiations and complex integrations, initially providing standardized APIs from incumbents to accelerate launches.[2] Early traction came from its role in cross-pollinating services between banks and innovators; it evolved to help non-financial institutions embed finance, maximizing APIs for broader digital penetration in Nigeria.[2] Investors like TLG Capital backed the venture, and endorsements from peers highlight Adeoye's technical expertise and track record.[3]
OnePipe rides the African fintech infrastructure wave, shifting from saturated payments (e.g., M-Pesa era) to embedded finance and open banking, where standardized APIs enable scale.[2] Timing aligns with Nigeria's booming digital economy, rising SME cash flow needs, and regulatory pushes for inclusion, as seen in peers like Okra, Mono, and Zeeh.[1] Market forces like high mobile penetration and underserved SMEs favor it, reducing barriers for innovators while supercharging incumbents' distribution.[2][3] It influences the ecosystem by enabling cross-pollination, powering next-gen products in lending, remittances, and beyond, much like essential plumbing for Africa's fintech explosion.[2]
OnePipe is positioned to dominate Nigeria's API aggregation space, with potential African expansion as traction builds—watch for deeper BaaS features like advanced credit and international rails.[2] Trends like open finance mandates and AI-driven personalization will amplify its gateway model, evolving it from integrator to full-stack enabler amid SME digitization surges.[1][2] Its influence could grow by onboarding more incumbents, cementing Ope Adeoye's legacy in African payments while fueling the embedded finance shift that began with his Quickteller foundation.[3]
OnePipe has raised $5.0M across 2 funding rounds. Most recently, it raised $4.0M Seed in September 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2021 | $4.0M Seed | 9Yards Capital, Andreessen Horowitz, CRV, Dig Ventures, Four Rivers Group, Geek Ventures, Incisive Ventures, Independent, Index Ventures, Mango Capital, Motivate Ventures, Outrun Ventures, Propeller VC, Thirty Five Ventures, Tribe Capital, Unpopular Ventures, Vitalize Venture Group, Andre Iguodala, Augusto Marietti, Carlos Julio Garcia, David Vélez, Gabriel Braga, Gabriel Jarrosson, Immad Akhund, Kevin Zuber, Odell Beckham Jr., Pablo Gonzalez, Ricardo Weder, Rudra Peram, Scott Belsky, Tom Blomfield, William Hockey | |
| Dec 1, 2020 | $1.0M Seed | Dig Ventures, Four Rivers Group, Independent, Index Ventures, Mango Capital, Motivate Ventures, Outrun Ventures, Propeller VC, Vitalize Venture Group, Augusto Marietti, Kevin Zuber, Rudra Peram, Scott Belsky |