OnePipe

OnePipe is a Nigerian financial infrastructure company founded in 2018 by Ope Adeoye, a former InterSwitch engineer.

The company specializes in embedded financial services, offering a unified API that integrates various banking and fintech services. This enables businesses to seamlessly incorporate financial features such as payment processing, account management, and credit facilities into their operations.

Headquartered in Lagos, Nigeria, OnePipe has established partnerships with multiple banks and fintechs, providing access to a diverse range of APIs. This collaborative approach allows startups and established businesses alike to enhance their financial service offerings without the need for complex infrastructure.

In March 2023, OnePipe secured a $4.8 million credit line from TLG Capital, a pan-African investment firm. This funding is earmarked for the company's inventory finance solution, aimed at supporting small businesses in Nigeria's informal sector by facilitating access to goods on credit from larger distributors.

The company's leadership team includes CEO Ope Adeoye, who brings over 17 years of experience in the technology and payments ecosystem, and Operations Manager Yvonne-Faith Elaigwu, who has more than a decade of experience in financial services and corporate social responsibility.

OnePipe's mission is to empower businesses across Africa by providing the financial infrastructure necessary to build and scale innovative products, thereby contributing to the continent's economic development and financial inclusion.

In 2018, Ope Adeoye, a former InterSwitch engineer, founded OnePipe with the vision to revolutionize Nigeria's financial landscape by creating open finance rails. The company aimed to simplify the integration of financial services for businesses, enabling them to offer a wide range of financial products to their customers seamlessly.

Initially, OnePipe focused on open banking, providing a standardized API gateway that connected banks and fintechs. However, recognizing the growing demand for embedded finance solutions, the company pivoted to offer services that allowed businesses to integrate financial features directly into their platforms. This strategic shift enabled OnePipe to cater to a broader market, including small and medium-sized enterprises (SMEs) seeking efficient financial solutions.

In November 2021, OnePipe secured $3.5 million in a seed funding round led by Atlantica Ventures, Tribe Capital, and V&R Associates. This investment was pivotal in scaling the company's operations and expanding its product offerings. The funds facilitated the development of services such as embedded payments, credit provisions, and deposit holding accounts, all accessible through a unified API.

The company's growth trajectory continued with a significant partnership in February 2023, when OnePipe collaborated with Fidelity Bank to launch PayGate Plus. This API gateway provided businesses with virtual accounts, KYC verification, and wallet creation capabilities, enhancing the financial services available to their customers.

In March 2023, OnePipe secured a $4.8 million credit facility from TLG Capital, aimed at supporting inventory finance solutions for small shops. This funding underscored the company's commitment to empowering SMEs by providing them with the financial tools necessary for growth and sustainability.

Despite facing challenges, including layoffs and salary cuts in response to macroeconomic factors, OnePipe's resilience and strategic partnerships have solidified its position as a leading fintech company in Nigeria. The company's dedication to innovation and financial inclusion continues to drive its mission of transforming the financial services landscape for businesses and consumers alike.

OnePipe is dedicated to revolutionizing financial services by providing seamless integration solutions that empower businesses to embed banking functionalities into their operations swiftly and efficiently.

By offering a comprehensive suite of APIs and pre-built products, OnePipe enables organizations to deliver enhanced financial experiences to their customers, fostering greater loyalty and operational excellence.

Their commitment to driving financial inclusion is evident through partnerships with banks and fintechs, facilitating access to essential financial services for underserved populations.

Through innovation and collaboration, OnePipe strives to transform the financial landscape, making services more accessible and efficient for all stakeholders.

At OnePipe, we envision a future where financial services are seamlessly integrated into every aspect of daily life, empowering businesses and individuals alike.

By providing robust infrastructure and a diverse range of products, we aim to enable organizations to embed financial services within their operations effectively, fostering customer loyalty and enhancing overall business performance.

Our commitment to driving financial inclusion at the grassroots level through digital agents delivering basic financial services underscores our dedication to creating a more inclusive and accessible financial ecosystem for all.

Innovation

OnePipe demonstrates its commitment to innovation by transforming complex financial infrastructure into simple APIs and pre-packaged products. This approach enables businesses to integrate financial services swiftly, allowing them to focus on enhancing customer experience and acquisition. By offering both API integration and prebuilt products, OnePipe caters to diverse business needs, fostering innovation and profitable collaboration.

Collaboration

Collaboration is at the core of OnePipe's ethos. The company has established partnerships with several banks and fintechs, providing a robust infrastructure that supports a variety of APIs. This collaborative approach allows businesses to integrate numerous financial features, enabling them to concentrate on product improvement and customer acquisition while achieving an 'all-in-one' platform.

Financial Inclusion

OnePipe is dedicated to driving financial inclusion by offering digital agents that provide basic financial services at the grassroots level. These services are enhanced with a combination of incentives, aiming to make financial services accessible to a broader population and promote economic empowerment.

Customer-Centricity

OnePipe places a strong emphasis on customer-centricity by offering tailored solutions for various industries, including FMCG, retail, travel, mobility, banking, and fintech. By understanding the unique needs of each sector, OnePipe delivers customized financial services that enhance customer loyalty and improve overall business operations.

Efficiency

Efficiency is a key value for OnePipe, as evidenced by their pre-bundled products designed to create value within specific industries. By saving integration and discovery time, OnePipe enables businesses to implement financial services more effectively, streamlining operations and accelerating time-to-market.