Nigerian Open Banking Startup Okra Quietly Shut In May 2025

Okra, once Nigeria’s best-known open-banking startup, quietly shut down all operations, including Nebula, the cloud-services spin-off it recently launched. The company had raised about $16 million from global investors. The news Why it matters Okra was the poster-child for African open banking, promising “one API for all financial data.” Its collapse underscores: Between the lines […] The post Nigerian Open Banking Startup Okra Quietly Shut In May 2025 appeared first on Tech Labari.

Nigerian Open Banking Startup Okra Quietly Shut In May 2025

Okra, once Nigeria’s best-known open-banking startup, quietly shut down all operations, including Nebula, the cloud-services spin-off it recently launched. The company had raised about $16 million from global investors. The news Why it matters Okra was the poster-child for African open banking, promising “one API for all financial data.” Its collapse underscores: Between the lines […]

The post Nigerian Open Banking Startup Okra Quietly Shut In May 2025 appeared first on Tech Labari.

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