Nigeria’s OnePipe raises $3.5M to double down on its embedded finance offering – TechCrunch
OnePipe, a fintech API company with a different play from the lot, joins the list today, raising $3.5 million seed to double down on its embedded finance offering. One is data and financial accounts aggregation (Plaid, Okra, Mono, Stitch and Pngme are some players in the space). The second focuses on embedded finance and banking as a service, where Treasury Prime, Marqeta ply their trade. And having struck partnerships with a few banks, OnePipe decided to take a step back and delve into the world of embedded finance. OnePipe takes a percentage cut from transactions made on these accounts and shares with its partner banks.